CEO Masayoshi Son has bet big on OpenAI – over $30 billion – while selling his company's shares in Nvidia last month; those moves have paid worthy returns so far, but will the 'AI bubble' pop?

Tech giant made billions while failing to stop a flood of ads that exposed Facebook, Instagram and WhatsApp users to investment and e-commerce scams, fake ads and banned products, Reuters says

Chen Deli believed AI could be a great aid to humans as it improved over the short term, but feared it could become a "massive challenge" in the future

Google has done a deal with Australia's defence department for a data centre on its remote Indian Ocean frontier as part of a subsea cable link between Australia and Asia

Finance Minister Nirmala Sitharaman wants more 'big banks' and says efforts are underway to consolidate some of the country's 12 state-owned banks

Nvidia will mentor India's emerging deep-tech startups and also participate in research projects and policy dialogue in the country

Legendary investor Michael Burry has bet big that the AI 'bubble' is set to burst, a new report says

Chinese regulators have banned the use of foreign chips in data centres supported by state funds, saying they must only use locally-made computer chips, sources say.

The Nikkei plunged by almost 7% from the record high reached on Tuesday, while South Korean shares dropped by 6.2%. Both markets clawed back some losses in afternoon trading.

The energy subsidies are part of China’s larger push to subsidise its AI and semiconductor industries. Its outlay for AI alone is expected to reach $98 billion this year.

US President's comments suggest he may impose tighter restrictions on cutting-edge American AI chips than US officials previously indicated

Samsung's earnings have recovered and it's now in 'close discussion' with Nvidia on HBM4 – the next-generation of high-bandwidth memory chips