AI In Business

Oracle is planning a new wave of layoffs, with some teams facing double-digit cuts, as the company struggles to balance massive AI infrastructure spending with profitability.

Zhipu's MaaS platform hits 7M registered API users, up 2M since July, as it activates 50,000 Chinese AI chips to meet inference demand.

Hong Kong is overhauling its stock benchmarks to capture AI infrastructure listings, with a wave of optical transceiver makers poised to reshape its market and challenge U.S. exchanges.

OpenAI's former COO Brad Lightcap is leaving to start a new venture, the latest in a series of executive departures as the company prepares for a potential IPO.

Pakistan's FBR unleashes AI and faceless assessments to make tax evasion nearly impossible, upending decades-old consultant strategies.

AI tools are enabling strategy teams to generate 50 distinct market options in under an hour, challenging the limits of human cognitive bandwidth and reshaping how executives make decisions.

Nvidia has inked agreements with Apollo, BlackRock, Goldman Sachs and other financial giants to unlock over $500 billion for AI infrastructure, using its GPUs as collateral in a groundbreaking financing model.

Brad Lightcap, OpenAI's special projects lead, is leaving the company to start a new venture, adding to a series of high-level departures from the AI startup.

Nvidia teams up with six major banks to finance AI compute, while robot dogs take over night patrols at Atlanta apartments, marking a week of AI expansion into finance and physical security.

Alibaba introduces paid annual plans for its QwenWork AI office assistant, ranging from $29.60 to $220, signaling a monetization push in China's competitive AI market.

IBM and Together AI have signed a $240 million multi-year agreement to build a large-scale AI inference cluster on IBM Cloud using Nvidia Blackwell systems, targeting open-source model deployment.

A new study finds that AI's productivity gains will increase fossil fuel extraction far more than they help renewable energy, leading to a net rise in global carbon emissions.

Singapore’s GDP jumped 5.9% in Q2 2026, and the government raised its full-year forecast to 4.5%–5.5% as the global AI investment boom fuels exports and growth.

NVIDIA and six leading asset managers are forming independent financing platforms to mobilize over $500 billion for AI compute infrastructure, aiming to accelerate data center buildout amid surging demand.

Mark Zuckerberg's sprawling AI manifesto promises personalized agents for everyone, but critics label it a thinly veiled ad for Meta's open-source strategy.

OpenAI CFO Sarah Friar outlines a practical roadmap for building an AI-native finance function, highlighting a zero-day close, continuous forecasting, and the rise of finance professionals as tool builders.

OpenAI's new Premium tier for ChatGPT Business offers heavy users 5x more capacity and removes usage limits, with a promotional credit offer ending August 20.

As tech giants wage a multimillion-dollar war for AI talent, the most sought-after professionals are demanding more than just high salaries—they want compute power, data access, and ethical clarity.

Enterprise AI inference costs have fallen to a yearly low of $1.16-$1.18 per million tokens, driven by a global price war and the rise of Chinese open-source models like DeepSeek.

Shanghai's AgiBot shipped 8,400 humanoid robots in H1 2026, capturing 44% of the global market and surpassing Unitree as both companies race toward IPOs.

Medical students and residents using AI chatbots like OpenEvidence before developing their own clinical judgment risk a 'never-skilling' crisis that could undermine future patient care.

DeepMind's founder steps back from daily operations, but London's AI ecosystem shows strength with $13B in startup funding.

Sai Venkata Aditya Arepalli quit a Rs 13-lakh job to pursue a master's in AI at the University at Buffalo and now works at AWS with a Rs 1.5-crore package.

A HKUST survey finds 72.7% of Hong Kong professionals use AI weekly, far above the global average, but junior employees report heightened job insecurity.

Malaysia is pitching itself as a strategic hub for South Korean firms in semiconductors, AI, and halal, leveraging aligned national strategies and Asean market access.

J.P. Morgan lifts its 2026 year-end S&P 500 target to 8,000, citing surging AI-driven earnings and a record beat rate, but keeps valuation multiples in check amid rising risks.

Meta’s latest subscription perks let paying users automatically convert engagement into followers, while AI tools and profile enhancements further tilt the playing field toward paid accounts.

OpenAI disclosed its earlier acquisition of NextSlide, an AI presentation startup, aiming to embed slide creation directly into ChatGPT and compete with Gamma, Canva, and Microsoft.

China has deployed an AI-powered fish identification system on a dam in Tibet's Yarlung Tsangpo River, raising questions about data transparency and conservation impact.

Unitree's Shanghai IPO, priced at 150.8 yuan per share, marks the first mainland listing of a humanoid robot maker, raising $904 million amid a Chinese robotics listing rush.