The US-China AI competition faces a dilemma. Both countries see artificial intelligence as a source of economic, scientific and strategic power, so neither has much incentive to slow down. Yet the more capable and autonomous AI becomes, the more important the question of human control. Last week’s summit between US President Donald Trump and Chinese President Xi Jinping brought that tension into the open. Trump wants to leave AI “exactly where it is” rather than add new guardrails, while Xi...
Read full articleSibol’s Pokémon UNITE campaign at the 20th Asian Games Aichi-Nagoya 2026 ended with a bronze medal after Indonesia stopped the Philippines in the semifinals at Aichi Sky Expo on Sunday. The Philippines fell 2-0 to Indonesia in the semifinal, ending its bid for a place in the gold-medal match. Despite the loss, the result gave
Anthropic has told prospective investors that it is growing at a pace few companies have matched, losing money at a scale few could survive, and building a product that could pose an existential threat to humanity. The prospectus behind what could become the largest IPO on record shows revenue rising twelvefold to nearly US$4.6 billion in 2025, […] The post Ecosystem Roundup: Anthropic’s IPO filing: 12x revenue, US$8B loss and an extinction risk appeared first on e27.
Chinese memory chip giant ChangXin Memory Technologies (CXMT) plans to invest 34.9 billion yuan (US$5.2 billion) in expansion, with a large portion of the capital going to domestic suppliers of chipmaking equipment, according to a source. The firm, listed on the Shanghai Stock Exchange’s Star Market, would spend 24.1 billion yuan on a new technology research and development project and another 10.8 billion yuan on the second phase of a wafer testing base, according to a Monday stock filing. The...
Shares of Akeso surged after British drug maker AstraZeneca moved to advance the Chinese biotech firm’s flagship cancer drug, while a new deal from US giant Merck further underscored the sector’s global momentum amid easing fears of US curbs. AstraZeneca on Tuesday announced a US$2 billion equity investment in Florida-headquartered Summit Therapeutics, which holds the exclusive rights to develop and commercialise Akeso’s immunotherapy drug ivonescimab outside China. Summit and AstraZeneca would...
Armageddon is what will happen when billionaires, or even trillionaires, are given free rein. Could this be the final outcome of late-stage American capitalism and democracy? Imagine a human-extinction event: a rogue artificial intelligence (AI) revolution, a new world war or runaway climate change. You likely already have a fair idea of where the safest places on earth and beyond are, if you have been following the ultra-wealthy individuals from Silicon Valley and Wall Street. They are building...
These headphones will likely sound different, thanks to a new tuning partner.
Artificial intelligence is moving deeper into asset management, but not only through chatbots, research summaries or back-office automation. The bigger question is whether AI can help investment firms do what has become increasingly difficult in public markets: find differentiated returns at scale. Blue Fire AI, a technology company focused on AI-driven investment management, is making […] The post Blue Fire AI closes US$9M round with AM-One stake under Mizuho partnership appeared first on e27.
Samsung Electro-Mechanics is making its largest single-product investment to date, committing US$4.9 billion to expand production of chip-packaging substrates in South Korea and Vietnam as the artificial intelligence boom reshapes demand across the semiconductor supply chain. In two filings with the Korea Exchange dated September 28, the Samsung Electronics affiliate said it will spend about […] The post Vietnam gains from Samsung Electro-Mechanics’s US$4.9B AI substrate expansion plan appeared first on e27.
For companies selling, hiring or operating across multiple countries, the promise of going global often runs into a very old problem: banking still behaves as if borders are hard walls. Opening local accounts can require entities, paperwork and long waits. Payments move through correspondent banks. Foreign exchange fees are not always clear. Finance teams end […] The post 1982 Ventures joins Limited’s US$18.5M seed round to simplify cross-border business banking appeared first on e27.
For much of the past decade, autonomous driving has been a story of bold promises followed by hard resets. Robotaxis were meant to flood cities by now. Instead, the industry has learned that driving without a human behind the wheel is not one problem, but thousands of edge cases stitched together: pedestrians who cross unpredictably, […] The post Autonomous A2Z bets on driverless shuttles as self-driving technology gets practical appeared first on e27.
US chip giant Advanced Micro Devices (AMD) has agreed to acquire World Labs, the artificial intelligence start-up founded by renowned Chinese-American computer scientist Li Fei-Fei, for US$8.2 billion in an all-stock deal, as the company steps up its rivalry with Nvidia. The acquisition, expected to close by the end of this year, would integrate World Labs’ research team and spatial-intelligence model expertise into AMD, according to an announcement on Monday. Li, a Stanford University professor...
US chip giant Advanced Micro Devices (AMD) has agreed to acquire World Labs, the artificial intelligence start-up founded by renowned Chinese-American computer scientist Li Fei-Fei, for US$8.2 billion in an all-stock deal, as the company steps up its rivalry with Nvidia. The acquisition, expected to close by the end of this year, would integrate World Labs’ research team and spatial-intelligence model expertise into AMD, according to an announcement on Monday. Li, a Stanford University professor...