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Yandex Taxi, Map Services Curbed After Ukraine Hits Data Centers
Yandex users in Russia faced widespread disruptions to ride-hailing, navigation and payment services after Ukraine struck several of the technology company’s data centers with drones.
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SoftBank-Backed OPay Eyes Up to $500 Million in New York Listing
SoftBank Group Corp.-backed OPay Digital Services Ltd. plans to raise about $500 million with its private placement and an initial public offering in New York, according to people familiar with the matter.
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Google Debuts $180 Fitbit Edge Tracker in Continued Health Push
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Microsoft Prepares to Put Gigawatts of Its Chips in Data Centers
Microsoft Corp. is gearing up to install the latest version of its own chips in data centers, with the aim of powering its AI software using mostly homegrown hardware.
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DeepSeek Backs Ex-Tencent AI Scientist’s $400 Million Robot Lab
DeepSeek aims to lead the first round of investment for a months-old startup building AI for robots, deploying capital from its own $12 billion-plus financing to help bankroll one of the tech industry’s fastest-growing fields.
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IonQ to Buy Elisity for Up to $1.3 Billion to Bolster Cyber Unit
Quantum computing firm IonQ Inc. has agreed to buy Elisity Inc. for as much as $1.3 billion in an all-stock transaction in a bid to expand its cybersecurity platform to protect against artificial intelligence-assisted dangers and emerging quantum threats.
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UK to Evaluate AI Models Before Release, Reversing Trump Policy
The UK will now be able to evaluate leading artificial intelligence models before they are released, reversing a US policy that required White House approval first.
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Broadcom CEO Likens Many AI Investors to Casino Gamblers
The AI boom has attracted investors whose strategies resemble those of gamblers, Broadcom Inc. Chief Executive Officer Hock Tan said, suggesting some of them have little understanding of what they’re betting on.
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Tencent Tells Investors Its $5 Billion Bond Mainly for AI Capex
Tencent Holdings Ltd. told fixed-income investors Monday that its planned bond offering of about $5 billion will help finance AI-related capital expenditures, people familiar with the matter said, as it doubles down on the sector.
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Firmus IPO Debacle Raises the Bar for Asia AI Deals in Pipeline
The collapse of Firmus Grid Ltd.’s initial public offering is reverberating through Asia’s booming market for share sales, making investors far pickier about artificial intelligence infrastructure deals that hinge on future earnings.
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IMF Chief Alarmed at ‘Slow-Moving Tsunami’ of AI for Jobs, Taxes
The head of the International Monetary Fund has warned of the disruptive threat from artificial intelligence to the labor market and taxation, urging policymakers to rethink education and act now to help society adapt.
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TikTok’s Chew and Microsoft’s Althoff Warn About Runaway AI Hype
The world may be overexcited by the potential of artificial intelligence and overlooking its immaturity, tech leaders warned on Monday, arguing that cybersecurity is a bigger near-term issue than AI developing too quickly.
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Warsaw-Listed Electronics Distributor Asbis Targets Data Centers and AI to Sustain 476% Stock Rally
Warsaw-listed electronics distributor Asbis Enterprises Plc is prioritizing sales to data centers and artificial intelligence infrastructure projects to sustain its breakneck stock rally.
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Pepkor $1.3 Billion Fintech Deal Should Have Faced Shareholder Vote, Investor Says
Pepkor Holding Ltd.’s deal to merge its fintech arm with a rival business has upset some directors and investors because shareholders were not allowed to vote on a transaction that marks a major shift in strategy for Africa’s biggest clothing retailer.
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DBS CEO Tan Says Market Is Repricing Risks on AI Financing
The market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing, according to DBS Group Holdings Ltd. Chief Executive Officer Tan Su Shan.
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Amazon Is in Talks to Buy AI Startup Decart, WSJ Reports
Amazon.com Inc. is in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported.
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Xpeng Says It Can Quickly Adapt Car Autopilot Systems for Europe
Xpeng Inc. can rapidly adapt its advanced driver-assistance technology to European roads using relatively small amounts of data, allowing it to modify its software capabilities for different markets without rebuilding them from scratch.