Artificial Intelligence Industry News
A collection of Artificial Intelligence latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
South Korea to double spending on AI and chips in 2027
South Korea will double spending on artificial intelligence and semiconductors in 2027 to a record high, the president said Monday, pledging to use the technology to turn the military into a “smart, elite force.” President Lee Jae…
South Korea's HD Hyundai deepens physical AI ties with Palantir
Nov. 1 (Asia Today) -- South Korea's HD Hyundai is working with U.S. artificial intelligence software company Palantir Technologies to further develop physical AI solutions for industrial operations. Under the planned approach, AI agents will…
Another chip stock selloff shows how the AI trade is getting pickier
The latest selloff in a high-flying chip stock shows just how demanding investors in the AI trade have become. Shares of Japanese memory-chip maker Kioxia plunged as much as 17% on Monday after a disappointing earnings outlook, despite continued…
Each Selloff Brings AI's Day of Reckoning Closer
To get John Authers' newsletter delivered directly to your inbox, sign up here. Every selloff of tech stocks chips away at the vaunted promise of artificial intelligence — and there have been several. Last week's reaction to third-quarter…
Silicon Valley's AI Bets Are Built on Hype, Hope and Hubris
Faith has propelled several technology revolutions. No one had hard evidence that personal computers, the Internet or social networks would create digital economies worth billions of dollars, but the perseverance of visionaries like Steve Jobs…
Asian Stocks to Fall as Tech Rout Fuels AI Fears: Markets Wrap
Asian stocks were set for declines, tracking Friday's sharp Wall Street selloff as a rout in technology shares deepened concerns that a rally in artificial intelligence may have gone too far. Oil fell. Equity-index futures for Japan and South Korea…
Best Artificial Intelligence Stocks To Watch Today - November 1st
The AI Trade Just Moved Into Your Bloodstream, and 4 Healthcare Stocks Are Winning Tempus AI, Hut 8, SentinelOne, TNL Mediagene, Ambarella, Upstart, and InterDigital are the seven Artificial Intelligence stocks to watch today, according to…
Incheon Int'l Airport uses AI to predict baggage system failures
Incheon International Airport, Korea's main international gateway, has begun using artificial intelligence (AI) to spot signs of trouble in its baggage handling system (BHS) before equipment breaks down, its operator said Monday. Incheon…
Envision Deploys First 800V System to Deliver Green Power for AI
Chinese green energy company Envision Group said it's deploying new technology to help power data centers with renewables. The integrated 800-volt direct current system is being used to power artificial intelligence computing at Envision's Galaxy…
Quad nations criticize economic coercion, expand AI cooperation
Nov. 1 (Asia Today) -- Foreign ministers from the United States, Japan, Australia and India met Saturday in Atlanta and expressed serious concern about economic coercion involving arbitrary export restrictions and nonmarket policies that create…
Oaktree's Howard Marks Says AI Stumbles Have Boosted Skepticism
Recent artificial intelligence related market stumbles have somewhat burst the bubble of infallibility around the sector, Howard Marks, co-chair of Oaktree Capital Management LP, said in an interview with Bloomberg TV. “I think that now…
Prisons Using AI to Predict When Incarcerated People Will Commit Future Crimes
Michigan is set to deploy a major new AI system to prisons across the state, meant to classify incarcerated people based on “how dangerous they are.” That's according to Detroit channel Fox2, which reports that the Michigan Department…
Doubts on AI investment to test Korean economy
Growing concerns over the sustainability of the global artificial intelligence (AI) investment boom are translating into mounting financing pressures on major tech companies, raising fears that a slowdown in AI spending could deal an outsized blow…
Is there a bubble in AI stocks? | Cash Call | Andrew Wong
Whether AI-related stocks are in a bubble has been a subject of intense debate in financial markets over the past six months. Personally, I firmly believe that AI stocks are exhibiting significant signs of a speculative bubble, for the following…
South Korea's Lee vows to make bold AI investment in record budget push
South Korean President Lee Jae Myung vowed on Monday to make bold investments in artificial intelligence to boost the country's economic growth potential, in an address to parliament seeking approval for next year's budget. SCROLL TO CONTINUE WITH…
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