Non-Human Identities: How Agentic AI is creating a new, unseen frontier in enterprise cybersecurity risk
Adept at grasping context, planning and adaptive problem-solving, the agentic AI execute complex, multi-step processes with minimal human intervention or...
Science
IMF lifts 2025 global growth forecast, warns of ongoing trade ‘uncertainty’
In its flagship World Economic Outlook (WEO) report -- compiled before the most recent US-China tariff spat -- the IMF...
Economy
Business
OpenAI signs multi-billion dollar chip deal with AMD
OpenAI signed a multi-year partnership Monday with chipmaker Advanced Micro Devices as the ChatGPT-maker continues an investment spree to secure...
- The companies announced the plan to develop AI data centers that the chipmaker said would bring in tens of billions of dollars in new revenue over the next five years
- AMD's share price surged 35 percent when markets opened on news of the agreement that would see the company deliver six gigawatts worth of chips to the ChatGPT-maker
Economy
China’s chip challenge: the race to match US tech
Beijing, China - China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle...
- Ramping up its chip industry is a way for Beijing to beat restrictions imposed by Washington on exports of the most advanced chips -used to power AI systems
- The United States cites national security concerns, such as the risk of giving China a military advantage, for the block, a geopolitical bind that shows no sign of easing
Economy
Vietnam defies US tariffs with 8.2% growth in third quarter
Hanoi, Vietnam -- Vietnam recorded economic growth of 8.2 percent in the third quarter, among the highest increases in more...
- Finance Minister Nguyen Van Thang said the figure -- excluding the surge in 2022 driven by a post-Covid recovery -- was "the highest quarterly growth since 2011".
- The Southeast Asian manufacturing hub achieved growth of 7.96 percent in the second quarter.
Economy
AI in an ‘industrial bubble’ but will benefit society: Bezos
Turin, Italy - Artificial intelligence technology is in an "industrial bubble," Amazon founder Jeff Bezos told a tech conference in...
- "Investors don't usually give a team of six people a couple billion dollars with no product... and that's happening today," Bezos told an audience at Tech Week in Turin
- Multiple technologies are in a kind of "golden age," he said, echoing language used by US President Donald Trump. "There's never been a better time to be excited about the future."
Economy
Abu Dhabi GDP grows 3.8% to $83.40bn in Q2 as non-oil sectors hit record
The non-oil economy expanded 6.6 percent year-on-year to AED174.1 billion — the highest quarterly value on record — and accounted...
- Manufacturing remained the largest non-oil contributor at AED30.1 billion, accounting for 9.8 percent of total GDP.
- Finance and insurance activities expanded 10.3 percent to a record AED21.8 billion, reinforcing Abu Dhabi’s position as a regional and global financial center.
Business
Amazon adds AI muscle to connected home lineup
New York, United States - Amazon on Tuesday unveiled the latest generation of connected products, featuring enhanced artificial intelligence capabilities...
- Nearly 20 years after the launch of the Kindle e-reader, the Seattle-based online retail giant now offers a family of connected devices
- The company has already made a major move into AI enhancements with the February launch of Alexa+, an upgraded version of the Alexa voice assistant
Geostrategy
Microsoft trims service to Israel over Gaza surveillance
San Francisco, United States - Microsoft on Thursday said it cut an Israeli defense unit's access to some cloud services...
- Microsoft reviewed the decision with the Israel Ministry of Defense along with steps the tech firm is taking to ensure compliance
- The move followed a two-month Microsoft probe into a Guardian report that the Israeli Defense Force used Azure to store phone call data from surveillance in Gaza and the West Bank
Economy
Trump announces steep new tariffs on pharmaceuticals, big-rig trucks, furniture, reviving trade war
US President Donald Trump announced Thursday punishing tariffs on pharmaceuticals, big-rig trucks, home renovation fixtures and furniture, reviving his global...
- The announcement is the harshest trade policy by the president since last April's shock unveiling of reciprocal tariffs on virtually every US trading partner across the globe
- Earlier this year, the Trump administration launched a so-called Section 232 probe into imports of trucks to "determine the effects of national security."
Business
WhatsApp, Twitch among sites that could face Australia under-16s social media ban
Tech companies including WhatsApp and Reddit as well as streaming giant Twitch and gaming firm Roblox could be among more...
- The head of Australia's eSafety Commissioner, Julie Inman Grant, has written to 16 more companies to "self-assess" whether they fall under the ban's remit
- Companies will need to make a case if they believe their platform should be exempt from the ban, the national broadcaster ABC said
Geostrategy
Floating wind power sets sail in Japan’s energy shift
Still heavily reliant on imported fossil fuels, Japan has declared offshore wind energy a "trump card" in its drive to...
- That's despite rising project costs and fears over inadequate infrastructure to produce turbines en masse.
- Floating turbines are particularly well suited to Japan as its deep coastal waters make fixing them to seabeds tricky.
Non-Human Identities: How Agentic AI is creating a new, unseen frontier in enterprise cybersecurity risk
Adept at grasping context, planning and adaptive problem-solving, the agentic AI execute complex, multi-step processes with minimal human intervention or...
Science
Company News
Latest News
Trump says no reason to meet Xi, threatens ‘massive’ China tariffs
US President Donald Trump said Friday he no longer feels the need for a summit with Chinese leader Xi Jinping...
Economy
Silver price hits decades high as gold rush eases
Stock markets, meanwhile, were mixed as traders weighed a slew of issues: massive AI investments, corporate results, US interest rates,...
Business
Gold tops $4,000 for first time on political, economic worries
New York, United States - Gold topped $4,000 an ounce for the first time Wednesday as investors flocked to the...
Economy
Most Read
Business
Tech leaders unite to propel future-critical sectors at GITEX GLOBAL 2025
Dubai, UAE: With capabilities of AI advancing every year, its potential to address challenges once thought unsolvable is rapidly expanding,...
- The event brings together the world’s most advanced AI and tech enterprises and leaders from 180 countries, from 13-17 Oct at Dubai World Trade Centre.
- Expand North Star celebrates its 10th edition from 12-15 October at Dubai Harbour.
Business
OpenAI signs multi-billion dollar chip deal with AMD
OpenAI signed a multi-year partnership Monday with chipmaker Advanced Micro Devices as the ChatGPT-maker continues an investment spree to secure...
- The companies announced the plan to develop AI data centers that the chipmaker said would bring in tens of billions of dollars in new revenue over the next five years
- AMD's share price surged 35 percent when markets opened on news of the agreement that would see the company deliver six gigawatts worth of chips to the ChatGPT-maker
Economy
China’s chip challenge: the race to match US tech
Beijing, China - China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle...
- Ramping up its chip industry is a way for Beijing to beat restrictions imposed by Washington on exports of the most advanced chips -used to power AI systems
- The United States cites national security concerns, such as the risk of giving China a military advantage, for the block, a geopolitical bind that shows no sign of easing