Mumbai’s civic body launches an AI pilot to track festival crowds in real time at iconic sites, aiming to prevent infrastructure chaos. A second project turns street signs into digital history lessons via QR codes.
At Summer Davos, Zhao Hai of the Chinese Academy of Social Sciences warned that the current U.S.-China stability masks deep structural risks in AI and rare earth supply chains. He argued the relationship is now global, not just bilateral, and remains dangerously fragile.
IBM has revealed a 0.7-nanometer chip technology that stacks transistors in 3D, doubling density and boosting performance for AI. Production could start within five years, intensifying the race with TSMC and Intel.
Facebook reintroduces Creator Studio as an AI-powered companion app offering personalized recommendations and a dedicated workspace. The platform also splits its Professional Dashboard into Creator and Business dashboards for tailored experiences.
MIT and Microsoft researchers built Murakkab, a platform that lets developers describe AI tasks in plain language and automatically optimizes the entire agentic workflow. It cuts computational needs to 35%, energy to 27%, and costs to under 25% versus traditional methods.
Spending on AI software and models may reach $680 billion next year, but unpredictable pricing is forcing CFOs to reconsider their strategies. A new podcast debates whether giants like OpenAI will benefit or lose ground to cheaper alternatives.
Micron and Qualcomm’s strong forecasts ignited a $400 billion surge in semiconductor stocks, reversing recent AI selloffs. The rally highlights unrelenting demand for memory and data center chips.
Anthropic’s entanglement in its own export controls exposes the folly of techno-nationalism. Hong Kong can seize the moment to become a global AI governance hub.
Asian equities jumped on strong chipmaker earnings, but analysts warn that AI stock valuations remain stretched. Oil’s decline and a weak yen add complexity to the outlook.
South Korean semiconductor stocks soared after Micron’s upbeat forecast signaled sustained AI-driven memory demand. SK Hynix and Samsung led the rally, with broader implications for the global chip industry.