Anthropic weighs building its own AI chips, sources say
(Corrects headline to say "its", not "it")By Max A. Cherney and Deepa SeetharamanSAN FRANCISCO, April 9 : Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI c ...
Exclusive-Anthropic weighs building it own AI chips, sources say
SAN FRANCISCO, April 9 : Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems.The plans are in early stages and the compa ...
Singapore’s adoption of electric heavy vehicles up 10 times on incentives; diesel spikes fuel further interest
Derryn Wong - But range and cost of charging infrastructure remain barriers, industry observers say
US trade chief says tech restrictions to block Chinese autos
Greer emphasised that tariffs are an effective tool to bring manufacturing back to the US
Elon Musk's xAI sues Colorado over state's new AI law
April 9 : xAI filed a lawsuit on Thursday seeking to block Colorado from enforcing a new law regulating artificial intelligence systems, escalating a fight over whether oversight should be handled by states or by Washington.The lawsuit, filed in U.S. District Court in Colorado, challenges Senate Bil ...
Meta transfers top engineers into new AI tooling team
NEW YORK, April 9 : Meta is drafting top software engineers from across the company into a new AI engineering organization created last month, according to an internal memo seen by Reuters, part of a reorganization of its workforce in preparation for layoffs.The social media company is starting to i ...
Corporate scrutiny must be disciplined and evidence-based
Governance should continue to rest on a framework that combines expert input, fiduciary accountability and transparent disclosure
Saudi Arabia says attacks cut oil output and East-West Pipeline flow
With the strait blocked, the East-West Pipeline has been Saudi Arabia’s only crude export route
Oil rises in choppy session as Saudi supplies hit by attacks
OIL climbed in choppy trading as a tenuous ceasefire between the US and Iran failed to allay fears of further disruptions to Middle...
European shares pull back as fragile US-Iran truce weighs on sentiment
EUROPEAN shares retreated on Thursday, after their strongest rally in over four years, as investors remained wary about a fragile US-Iran ceasefire and...
US stocks: Wall Street ends higher as Middle East peace talks lift sentiment
[NEW YORK] US stocks advanced on Thursday, as ongoing negotiations toward a peaceful resolution to the six-week Middle East conflict helped ease worries over...
Why boards need a playbook to respond to cyber incidents
Listed companies are required to have adequate and effective systems of internal controls and risk management systems
Board playbook on cyber incident response
Listed companies are required to have adequate and effective systems of internal controls and risk management systems
CFO Anthony Armstrong leaves xAI, the Information reports
April 9 - Anthony Armstrong, named xAI's CFO in October, has departed the company as part of a broader wave of senior exits, the Information reported on Thursday, citing two people familiar with the matter.Armstrong, who previously worked as a Morgan Stanley banker and advised Elon Musk during ...
Popiah King Sam Goi’s son to be CEO of PSC Corp
Chong Xin Wei - Goi Kok Ming, also redesignated as executive director of the company, assumes both roles on May 5
Xi helps Trump on Iran war as China assists with ceasefire bid
A pause to the fighting would smooth Trump’s visit to Beijing next month
US software stocks slump on renewed AI disruption jitters
April 9 : U.S. software shares tumbled on Thursday as fears over disruptions from advances in AI returned to the forefront following a recent update from Anthropic.Investors have dumped the sector's stocks this year on worries that AI tools that are capable of automating human tasks could pose ...
US software stocks fall as Anthropic's new AI model revives disruption fears
April 9 : U.S. software shares tumbled on Thursday after Anthropic held back the wide release of a powerful AI model over concerns it could expose hidden cybersecurity vulnerabilities, deepening investor fears about the threat to traditional software firms.Anthropic said earlier this week it would o ...
Florida AG opens probe into OpenAI ahead of potential IPO
April 9 : Florida Attorney General James Uthmeier on Thursday launched an investigation into OpenAI and its chatbot ChatGPT, as the artificial intelligence firm prepares for an IPO that could value it at up to $1 trillion.In a video posted to X, Uthmeier said there were concerns about whether OpenAI ...
Brazil court removes BYD from list of firms linked to forced labor
RIO DE JANEIRO, April 9 : A Brazilian court issued an injunction removing Chinese automaker BYD from a government list of firms accused of employing workers in slavery-like conditions, a document seen by Reuters on Thursday showed.
CVC seeks partners to back 10.9 billion-euro Italian drugmaker Recordati deal: sources
The private equity firm has held initial discussions with investors including GIC about the possibility of teaming up
A 1,300% rally turns a tiny shipping ETF into an Iran war gauge
BWET has surged from around US$10 a share to nearly US$150 – making it the best-performing US-listed ETF so far in 2026
How war in the Middle East paralysed an Asian food giant
The scarcity of fuel and fertiliser is affecting production in Vietnam’s Mekong River Delta
India mulls payment lags, checks for senior citizens as digital fraud rises, RBI paper shows
April 9 : India's central bank is planning to introduce delays in high-value digital transactions and extra checks for payments made by senior citizens as part of broader measures to curb a surge in online fraud, a discussion paper released on Thursday showed.The suggestions come as digital pay ...
India's central bank mulls delay for some digital payments to curb fraud
April 9 : India's central bank on Wednesday suggested introducing a delay for certain digital payments above a threshold as part of measures to curb rising fraud, and sought stakeholder feedback on the proposals in a discussion paper.The Reserve Bank of India outlined four possible safeguards, ...
OpenAI pauses UK data centre project over regulation, costs
LONDON, April 9 : ChatGPT-maker OpenAI is pausing its main data centre project in Britain over an unfavourable regulatory environment and high energy costs, dealing a blow to the UK government's push to position the country as a global AI hub.Microsoft-backed OpenAI, which has emerged as a lead ...
Wall St opens muted over fragile Mideast truce
[NEW YORK] Wall Street’s main indexes opened muted on Thursday (Apr 9) after rallying in the previous session, as cracks emerged in...
Mercedes Q1 sales down in tough ‘transition year’ for China business
The German marque faces a cut-throat price war with Chinese brands in the premium segment
SiFive raises $400 million from Atreides, Nvidia for data-center chip technology
SAN FRANCISCO, April 9 : Silicon Valley startup SiFive said on Thursday it has raised a $400 million round of funding from Atreides Management, Nvidia and others to enter the booming market for data-center central processor chips.The round brings SiFive's valuation to $3.65 billion, and CEO Pat ...
Intel and Google to double down on AI CPUs with expanded partnership
April 9 : Intel and Google have expanded their partnership to advance the use of artificial intelligence-focused central processing units and to develop custom infrastructure processors, as shifting use of AI drives renewed demand for traditional computing chips.Companies are increasingly moving awa ...
CDL sets up S$2 billion multicurrency perpetual securities issuance programme
Chong Xin Wei - The net proceeds will be used to finance general working capital and corporate funding, and refinance existing borrowings
Samsung Electronics mulls investment in chip testing and packaging facilities in Vietnam
Samsung Electronics eyes investment in chip packaging plant in Vietnam
Japan watchdog checks banks' private credit exposure amid global strains, source says
TOKYO, April 9 : Japan's financial regulator has been conducting checks on private credit exposure at major financial institutions, a source told Reuters on Thursday, as concerns mount over strains in the $2 trillion global private credit industry.The Financial Services Agency (FSA) is examinin ...
