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AI and business stories from Asia-Pacific.
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The Philadelphia Semiconductor Index lost more than 8% by midday and the Nasdaq slid into correction territory as Democratic midterm gains raised the prospect of construction pauses.
By Nakoda News Desk··3 min read
Four people said the Kimi developer discussed renting clusters of 8,000 or more GPUs from neoclouds, which US export rules on remote access do not yet cover.
By Nakoda News Desk··3 min read
The non-binding pact runs to May 2027 and targets LNG-engine controls that can follow the sharp swings in power demand from AI computing at sea.
By Nakoda News Desk··2 min read
Switch 2 shipments fell to 2.67 million in the September quarter, but Nintendo kept its 16.5 million unit target and its ¥310 billion annual profit forecast.
By Nakoda News Desk··2 min read
Tencent will supply computing, storage and networking while OmniOps, founded in 2024, contributes its inference engine and local deployment for enterprise AI in the Kingdom.
By Nakoda News Desk··2 min read
Europe's chemical and industrial gas suppliers are adding plants in Taiwan, Korea and Arizona as chipmakers expand capacity for AI servers.
By Nakoda News Desk··1 min read
The maker of the OnDemand agentic AI platform did not disclose the size of the investment but said it will build AI products with two Terra Invest portfolio companies.
By Nakoda News Desk··2 min read
MarketsAsia-PacificNorth America
Most Tokyo stocks rose and the broader Topix gained 1.2%, but money left chip equipment makers after the Democratic midterm sweep.
By Nakoda News Desk··2 min read
CompaniesAsia-PacificNorth America
Chinese tech groups have each received only about 10,000 of the chips in recent months, and an eight-card H200 server now costs roughly three times what it did a year ago.
By Nakoda News Desk··2 min read
The 16.67% stake in Australia's oldest LNG project is XRG's first Australian LNG asset, a year after its Santos bid collapsed. Completion is expected in 2027.
By Nakoda News Desk··3 min read
The agency says a group it calls Crafty Falcon is using four freely available AI tools, at least two linked to China, to break into financial firms "at machine speed".
By Nakoda News Desk··2 min read
CompaniesAsia-PacificNorth America
The Taoyuan fab was meant to make DRAM and high-bandwidth memory for AI servers from 2028, but a fight over sharing AI-boom profits with workers has stalled it.
By Nakoda News Desk··2 min read
PolicyAsia-PacificNorth America
Tokyo wants advance notice of serious undisclosed vulnerabilities for government agencies and infrastructure operators, under an emergency cyber package that could come as soon as Friday.
By Nakoda News Desk··1 min read
MarketsAsia-PacificNorth America
The Taiex closed at its lowest since July 31 as investors sold AI hardware names, with Delta Electronics down 7.38% and MediaTek losing NT$255.
By Nakoda News Desk··2 min read
Weak earnings, a stronger won and slow export orders have hit Hanwha Aerospace and Hyundai Rotem, while analysts question how well tank and artillery makers fit drone-era warfare.
By Nakoda News Desk··2 min read
Chief executive Jason Moo told the Dubai Fintech Summit that Dubai and Singapore are complementary wealth hubs and that Chinese and Gulf investors are increasingly moving capital between them.
By Nakoda News Desk··2 min read
Acting chief executive Adnan Bu Fateem says growth will come from Malaysia, Indonesia, Egypt and the Commonwealth LNG project in the US, where construction has started.
By Nakoda News Desk··2 min read
The Taiwanese assembler, known as Foxconn, booked about NT$1.31 trillion in October and expects its AI business to keep driving growth in the fourth quarter.
By Nakoda News Desk··1 min read
Exports nearly doubled from a year earlier in September, and the Bank of Korea now expects the annual surplus to exceed its $450 billion forecast.
By Nakoda News Desk··2 min read
A New South Wales upper house committee voted 6-1 to remove a recommended pause on approvals, leaving its Greens chair to warn of an "AI-fuelled data centre frenzy".
By Nakoda News Desk··2 min read
Toyota Robotics starts on January 1, 2027, as part of a reorganisation that also closes the carmaker's Frontier Research Center and creates a separate India and Middle East region.
By Nakoda News Desk··2 min read
China's top economic planner has told SoftBank it will not clear the deal, according to the Financial Times, leaving ABB holding a business it agreed to sell last year.
By Nakoda News Desk··2 min read
MarketsAsia-PacificNorth America
Investors dumped Korea's two memory giants on fears that a Democratic Congress will tighten rules on AI data centres, while carmakers, banks and internet stocks rallied.
By Nakoda News Desk··2 min read
MarketsAsia-PacificNorth America
A trust the two data centre groups own equally offered A$9.50 a share, a 45.5% premium to Wednesday's close, two weeks after a power delay cut NextDC's guidance.
By Nakoda News Desk··2 min read
Labor posted a fake video of Liberal leader Jess Wilson and the Liberals showed Premier Ben Carroll asleep at his desk, and the Greens and Transparency International want such ads banned.
By Nakoda News Desk··2 min read
Beijing said Britain was smearing it without evidence a day after the National Cyber Security Centre warned of an AI-powered ransomware attack on UK infrastructure by 2028.
By Nakoda News Desk··2 min read
The full version of Tencent's frontier model adds computer use, built on visual understanding and tool calling, and the company says it will publish the weights and system cards in the coming days.
By Nakoda News Desk··3 min read
Start-ups registered with the Japanese banking group will get market-entry support and access to DIFC's Ignyte platform as Dubai courts Japanese capital and technology.
By Nakoda News Desk··1 min read
Officials and researchers at the TRENDS-organised DAS Dialogue called for cooperation that goes beyond oil into AI, advanced manufacturing, critical minerals and water technology.
By Nakoda News Desk··2 min read
CompaniesAsia-PacificNorth America
The guidance, passed on verbally and applied to new contracts worldwide, targets the remote-rental route that Chinese AI developers have used to reach chips they cannot import.
By Nakoda News Desk··2 min read
MarketsAsia-PacificNorth America
Advantest, Tokyo Electron and SoftBank Group each lost 3 per cent and cable makers Fujikura and Furukawa Electric fell more than 5 per cent, while the Nikkei pared an intraday slide of as much as 4.8 per cent.
By Nakoda News Desk··2 min read
The Hong Kong digital-asset group's Abu Dhabi unit can now run collective investment funds under FSRA supervision, nearly a year after it received in-principle approval.
By Nakoda News Desk··2 min read
The plan is more than seven times the $2 billion Google committed in 2024, and covers new campuses in Selangor and Negeri Sembilan, more than 1 gigawatt of clean power and a training programme the company says will reach 800,000 Malaysians.
By Nakoda News Desk··2 min read
The Spanish energy group, formerly Cepsa, did not disclose a price for its minority stakes in three Berkine Basin fields as it shifts toward hydrogen and biofuels.
By Nakoda News Desk··2 min read
The Dubai-listed company says it will act as the single party responsible for moving transformers, cooling equipment and multimillion-dollar AI racks from factories to the data hall floor.
By Nakoda News Desk··2 min read
CompaniesAsia-PacificNorth America
Reuters reports that Washington has not approved the US equipment SK Hynix wants for its Dalian NAND plant in China, which the company says would help pay for up to $100 billion of investment in New York.
By Nakoda News Desk··2 min read
The round was led by Phaze Ventures' Oman Fund, with the UAE's Jasoor Ventures taking part, and will expand the Shariah-compliant platform's lending along the Greater Bay Area–Oman–UAE corridor.
By Nakoda News Desk··2 min read
The amount was not disclosed. Alongside the investment, AIREV will put its OnDemand agents into two Terra Invest portfolio companies, one in wealth management and one in healthcare.
By Nakoda News Desk··2 min read
The 2B and 4B models from Tencent's WeChat Vision team are released under Apache 2.0 and produce masks and mattes through a small built-in decoder instead of a separate segmentation model.
By Nakoda News Desk··2 min read
The drop follows informal guidance from China's securities regulator that humanoid robot companies need steady revenue and narrowing losses before they can list.
By Nakoda News Desk··2 min read
MarketsAsia-PacificNorth America
None of the 22 financial institutions named in Anthropic's filing is Korean, so local retail investors may only be able to buy once the stock trades on Nasdaq, while Japanese firms aim to raise a record $3.5 billion at home.
By Nakoda News Desk··2 min read
CompaniesAsia-PacificNorth America
The five-year deal would have given the Chinese tech group access to about 100,000 advanced AI chips in Oracle data centres in Southeast Asia, according to the Financial Times.
By Nakoda News Desk··2 min read
Kim Yo Jong called the FBI's attribution to the TraderTraitor unit a "grave political provocation", as Binance reported billions of dollars in withdrawals after reopening.
By Nakoda News Desk··2 min read
MarketsNorth AmericaAsia-Pacific
Investors are weighing whether a Democratic-controlled Congress would bring tighter oversight of technology and AI companies, and chip-heavy markets in South Korea and Japan fell more than 3 per cent.
By Nakoda News Desk··3 min read
CompaniesAsia-PacificNorth America
Alibaba, Tencent, ByteDance and others have ordered about 6 million of the export-compliant cards, Bloomberg reports, but expect only tens of thousands to arrive by early next year as Nvidia struggles to raise output.
By Nakoda News Desk··2 min read
Foreign investors sold about 1.5 trillion won of South Korean shares as Big Tech bond sales and Anthropic's $895 billion in commitments renewed doubts about returns on AI spending.
By Nakoda News Desk··2 min read
The Australian design company says 22% of its workforce will lose their jobs, move to central hubs or change roles, after a year in which growth slowed and backers reportedly marked down its valuation.
By Nakoda News Desk··2 min read
Baidu says the world model can generate up to 100,000 km of simulated driving a day and is already training its Apollo Go fleet, which runs fully driverless services in Abu Dhabi and Dubai.
By Nakoda News Desk··2 min read
The Japanese company will spend about 10 billion yen at its Odawara site through fiscal 2028, mainly on its latest-generation LTO cartridges, which it calls its largest investment yet in dedicated tape facilities.
By Nakoda News Desk··2 min read
IT Ministry sources told PTI that the agency will test the restricted model slowly on selected cases, while regulators work on sector-specific AI rules.
By Nakoda News Desk··2 min read