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Microsoft and Alphabet Just Reported Earnings, Putting the AI Boom to the Test
Cloud growth is booming at Microsoft and Alphabet. But paying for that growth is becoming a very different story.
Alphabet shares fall over 10% after earnings miss as AI spending drives cash burn
Rising infrastructure costs and weaker-than-expected advertising revenue weighed on the technology giant, even as its cloud business expanded rapidly
Seoul-based AI chip startup FuriosaAI raised a $620M Series D at a $2.9B valuation, up from $735M in 2025; South Korea's National Growth Fund contributed $280M (Yoolim Lee/Bloomberg)
South Korean AI chip startup FuriosaAI quadrupled its valuation to $2.9 billion in a fresh funding round, bolstering its bid to challenge the likes of Nvidia Corp.
South Korea’s chipmakers are raking it in. Can China close the gap?
South Korean memory chip giant SK Hynix kept almost 80 per cent of its total sales as operating profit last quarter, a margin almost unheard of in manufacturing, as the country’s chipmakers reap the…
AI opposes draconian new laws to fight organised crime
A new Bill before Sri Lanka’s Parliament that grants the authorities sweeping arbitrary powers to tackle ‘organised crime’ and deny suspects’ human rights should be immediately withdrawn, Amnesty…
Malaysia must turn US$50bil AI investment into high-value jobs, technology gains [WATCH]
KUALA LUMPUR: Malaysia must turn a proposed US$50 billion (RM204 billion) investment in artificial intelligence (AI) and data centres by a global investor into higher-paying jobs, technology transfer…