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Tokyo, Oct. 21 (Jiji Press)--The Group of Seven major economies have agreed to strengthen cooperation on artificial intelligence safety as rapid advances in cutting-edge AI technology raise growing concerns over potential misuse and unintended behavior. At an online meeting of digital and technology ministers on Tuesday, the G7 discussed how to share information and ensure rapid reporting a...
South Korean AI computing supplier Elice Inc. surged on Wednesday, recovering much of the ground lost after a 32% slump in its trading debut, as a string of upbeat US tech earnings lifted sentiment.
The family farmers who produce the lion’s share of Brazil’s staple foods are opening their arms to cutting-edge Chinese artificial intelligence in a bid to modernise operations and secure their future. Brazil and China agreed to a five-year cooperation programme in September aimed at giving smallholders – the backbone of the Brazilian agricultural sector – an AI boost after a decade of declining employment and limited access to affordable technology. Representatives of the Brazilian Agricultural...
Citi's Japan, Asia North and Australia Cluster and Banking Head Marc Luet expects AI infrastructure investment to remain a dominant theme, despite growing scrutiny. He speaks after data center firm Nextdc shares plunged following a public backlash. (Source: Bloomberg)
The growing popularity of Chinese artificial intelligence models has emerged as a key risk factor for Anthropic ahead of its blockbuster initial public offering, according to US research firm Hedgeye Risk Management. “It’s all about Chinese competition when analysing Anthropic,” said Felix Wang, managing director and global tech sector head at Hedgeye. “Many of my clients are asking the same question.” The assessment comes as Anthropic faces renewed investor jitters over whether its massive AI...
As artificial intelligence reshapes the finance industry, commercial bankers are facing a “more miserable” transition than their central banking counterparts, the head of the world’s largest lender by assets said. Industrial and Commercial Bank of China president Liu Jun said that while central bankers focused on oversight and policy, commercial lenders bore direct financial and legal liability when deploying AI at scale. “If [ICBC] deploys AI tools … towards different business lines, and all...
Two weeks out from the Midterm elections, there’s bipartisan pushback against data centers that suck the water and power out of communities. Just two years ago, ChatGPT was still a brand new thing, and AI was admired with awe by most voters. Like in 2024, the hot button issue in swing constituencies remains inflation or ‘the price of eggs’. But anxiety over the end of the month is now coupled with anxiety over the end of the world. In 2026, bots and large language models write papers and churn out campaign ads. We'll ask about calls for regulation despite fierce resistance from tech billionaires and whether the latest wobbles from the stock market signal that the race to corner the market and scale up at warp speed may be running out of road.
The shares of AI-related companies rallied in after-hours trading on Tuesday after strong preliminary results from server-maker Super Micro Computer Inc. spurred relief about the outlook for spending on the technology.
(Sponsored) Businesses across Latin America are using generative AI to draft marketing copy, product descriptions and customer communications. But faster publishing also raises a practical question: who checks the output before customers see it? RSM’s 2026 survey of 461 respondents, most from Latin America, found that roughly 40% of organisations were implementing AI. Only 18% […] The post AI-Generated Content Grows in Latin America: How Businesses Can Verify It appeared first on The Rio Times.
Israeli National Security Minister Itamar Ben-Gvir has posted an AI-generated video mocking the devastation in Gaza.
Jeanne Sun of Citi discusses resilient earnings, AI-driven productivity gains and how investors are navigating market volatility. She says Citi favors US equities while remaining cautious on Treasuries as strong growth and sticky inflation pressure yields. (Source: Bloomberg)
Just days after announcing his departure from Moonshot AI, teen Chinese artificial intelligence prodigy Nathan Chen Guangyu seems to have found his next destination. On Tuesday, Arfur Grok, a widely-watched anonymous social media account that tracks AI talent movements in the US, posted that the former Moonshot AI researcher was joining Discovery Loop, an AI start-up founded by four former Google senior researchers including former chief scientist Jeff Dean. Launched just two months ago, the...
Straia, a higher-education startup focused on data analytics, has raised $3.1 million from investors to help schools tackle issues like student retention.
China has set up a new state-owned enterprise dedicated to managing the country’s massive data resources, a significant move designed to turbocharge the nation’s artificial intelligence industry and bolster its digital economy. The National Data Group Co – based in China’s “city of the future”, Xiongan New Area in northern Hebei province – is tasked with “developing and utilising data resources, unlocking the value of data elements, serving AI development and fostering a data industry...
US equity futures slip, pausing an AI recovery in stocks, after South Korean data center company Elice plunged in its trading debut. Ukrainian President Volodymyr Zelenskyy heads to Norway for fresh peace talks as tensions with the US deepens. SpaceX, Netflix, General Motors, RTX, and Northrop are set to report earnings. Jeanne Sun of Citigroup Global Markets joins "Bloomberg Brief" to discuss her outlook for this earnings season. (Source: Bloomberg)
Booming demand from AI means supply constraints are no longer limited to summer and winter.
Yuki Chen, a prolific Chinese cybersecurity researcher, has joined leading Chinese artificial intelligence model company Z.ai as the country’s AI sector grapples with the technology’s growing impact on global cyberspace. Chen’s appointment comes amid growing concern over AI-assisted cyberattacks and autonomous agents acting beyond their instructions, including recent cases involving Chinese tech giant Tencent Holdings as well as US start-ups OpenAI and Anthropic. “New journey, new mission!” Chen...
Companies making power and electrical equipment to serve data centers are facing growing risks of a pricing squeeze by top artificial intelligence labs, according to analysts at Barclays Plc.
The tide is turning on neoclouds, a business segment that’s emerged over the past few years to supply the vast amounts of data center computing needed to power artificial intelligence systems.
The Kospi index has plunged 40% from its June record.
Hong Kong authorities will focus on incorporating infrastructure monitoring into the first phase of its AI-powered urban management system, while exploring its expansion into public services in later stages. Officials also told a Legislative Council meeting on Tuesday that government arms were encouraged to develop their own databases before connecting them to the “AI city brain”. Undersecretary for Innovation, Technology and Industry Lillian Cheong Man-lei said authorities would prioritise...
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
SoftBank Group Corp.’s credit risk, as measured by its credit-default swaps, has risen to the highest level in nearly four years as concerns grow over AI-related funding and a potential large acquisition.
A Chinese AI girl group has sparked intense online backlash after announcing that one of its virtual members was “pregnant” to explain her departure. BABYQUEEN, a four-member, K-pop-style AI girl group managed in Liaoning province in northeastern China, formed in September and has around 1,100 followers. On October 13, the group posted an announcement written from member Mity’s perspective. Saying she was “pregnant” and would pause all public activities, Mity asked fans to respect her privacy...
When Severe Typhoon Dolphin approached eastern China in August, more than 110,000 delivery riders across Hangzhou received automatic alerts and personalised safety guidance on their mobile phones every minute. With a few taps, Hangzhou’s “riders’ code” system navigated them to the nearest shelters, which authorities said had reduced their occupational risks under extreme weather. Behind the tailored and quick support was Hangzhou’s artificial intelligence (AI) urban management system, which had...
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Bailey Lipschultz, Carol Massar and Norah Mulinda. (Source: Bloomberg)
Chuck Schumer urges FCC to reject petition allowing AI robocalls ahead of key November midterm elections.
Looking past the telecom comparison.
Tokyo, Oct. 19 (Jiji Press)--The Japan Business Federation, or Keidanren, plans to develop a new medium-term vision in light of an accelerating decline in the country's population and the spread of artificial intelligence, its chairman, Yoshinobu Tsutsui, said Monday. "Looking ahead to 2050, we will draw up a vision for the economy and society that we should aim for," he said at a symposium...