Billionaire entrepreneur Elon Musk has asked a U.S. federal judge to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC) that accuses him of failing to promptly disclose his significant…
Alibaba’s Cloud Gains Momentum from AI Push Despite Revenue Miss
Alibaba Group Holding Ltd. reported quarterly earnings that fell short of Wall Street’s revenue expectations, but showed promising growth in its cloud computing division, fueled by increasing demand for artificial intelligence services….
JD Com’s Singapore Arm, Two Firms Eye $1 Billion REIT
JD Com’s technology unit, together with two other corporate firms, is preparing to launch a real estate investment trust valued at approximately one billion dollars, according to multiple industry sources familiar with…
Anthropic Foils Cybercriminals’ Plans to Exploit Claude AI in Hacking Attacks
In a significant move to protect artificial intelligence technologies from misuse, Anthropic has successfully prevented multiple attempts by hackers to exploit its Claude AI platform for cybercriminal activities. The company’s proactive security…
PDD Holdings Tops Revenue Despite Margin Squeeze
PDD Holdings, the parent company of the budget shopping platform Temu, has once again exceeded Wall Street’s revenue expectations in its latest quarterly report. This strong performance comes even as intensifying competition…
Global Bourses Push for Tighter Oversight on Tokenised Equities
Leading global stock exchanges have called on financial regulators to impose stricter oversight on the trading of “tokenised stocks,” warning that these digital assets pose serious risks to market integrity, investor protection,…
Sweden’s Wallenberg Empire Bets Big on AI with New Joint Venture
In a move signaling the growing urgency among European industrial giants to secure their position in the artificial intelligence race, Sweden’s influential Wallenberg family has launched a new joint AI company, uniting…
How Food Messes With Your Medicine
Most people take their medication with little thought to what they’ve just eaten or plan to eat. But what you put on your plate could be altering how your medication works or…
Chinese AI Startup DeepSeek Unveils Enhanced Model Compatible with Homegrown Chips
In a significant stride for China’s artificial intelligence ambitions, Beijing-based startup DeepSeek has released an upgraded version of its flagship AI model, now optimized for compatibility with domestically produced chips. The move…
Majority of Americans Worry AI Will Cost Them Jobs, New Poll Shows
A growing number of Americans believe that artificial intelligence could permanently replace human workers, according to a new Reuters/Ipsos poll that highlights deepening public anxiety over the future of work. The survey,…