Tencent reported a dramatic 31% quarterly drop in capital expenditure to just $1.9 billion, citing inability to source enough AI chips. Despite the spending cut, the company posted 15% revenue growth and 19% profit improvement in Q3.
DBS Bank is already seeing massive returns from its AI investments, according to CEO Tan Su Shan. The bank expects AI to drive over SG$1 billion in revenue this year through hundreds of use cases. This comes as many companies are still struggling to demonstrate AI’s financial impact.
Mozilla is building an AI Window for Firefox that will let users chat with an AI assistant while browsing. The feature will be opt-in and sit alongside regular and private browsing windows. It’s part of the broader browser AI arms race heating up across the industry.
Google DeepMind’s new AI agent, SIMA 2, has learned to play video games including No Man’s Sky and Valheim. The system incorporates Gemini AI for the first time and represents a step toward artificial general intelligence.
HPE is planning its next-generation Cray supercomputing platform for 2027 delivery, featuring unprecedented flexibility to mix Nvidia and AMD compute blades in the same racks. The GX5000 architecture will offer three blade types with Nvidia’s Vera CPUs and Rubin GPUs or AMD’s Venice Epyc processors
Researchers have developed UMBS-seq, a gentler approach to reading cancer’s epigenetic marks that outperforms current methods. The technology could enable earlier cancer detection through blood tests and is being commercialized for diagnostic use.
Legal teams are no longer just contract reviewers—they’re becoming central players in cybersecurity strategy. According to Palo Alto Networks’ managing senior counsel, legal should be involved from product ideation through customer relationships. Here’s why transparency is the new currency of trust
JPMorgan Chase is letting managers use AI to write employee performance reviews. While it saves time, critics worry about generic feedback and dehumanizing the process. The line between helpful tool and outsourcing judgment is getting blurry.
Tesla’s AI chief Ashok Elluswamy told staff that 2026 will be the hardest year of their lives during an all-hands meeting. The warning comes as Elon Musk’s massive pay package depends on hitting ambitious Robotaxi and Optimus production goals. Tesla aims to deploy 1 million Robotaxis and produce 1 m
Thousands of contractors working on Meta’s AI training project were abruptly cut by startup Mercor, only to be offered similar work at significantly lower pay. The move highlights growing pressure in the data labeling industry that powers companies like OpenAI and Meta.
