Beijing plans to increase its intelligent computing power to over 130,000 petaflops by late 2026 and implement new policies for its "token economy," accelerating AI adoption to compete with the US in the tech race.
Ant Digital Technologies, Alibaba's fintech affiliate, launched "Agentar 2.0," an upgraded AI agent platform featuring 200 digital expert templates. CEO Cyril Han Xinyi stated the platform aims to restructure enterprise workflows for collective productivity, moving beyond individual task acceleration.
South Korea plans to revise regulations and speed up AI adoption in its service sector, aiming to lead in AI agentic commerce and support new mobility services. The government will facilitate testing of AI agents in shopping and apply AI to public services.
Cisco will deploy personalized AI agents to its 90,000 employees starting in August, aiming to optimize tasks, reduce costs, and enhance data security. The company is also investing in upskilling programs and seeing significant AI-driven growth in its financial operations and orders.
China's Ministry of Industry and Information Technology and seven other agencies released a plan Tuesday to expand digital infrastructure, boost AI in factories, and develop industrial internet platforms. Targets include 50,000 industrial 5G private networks by 2030.
A Chinese survey shows over 96% awareness and 54% usage of AI, with 40% using it in daily life, work, or study. In contrast, US Gen Z workers express concerns about AI threatening jobs and devaluing degrees.
Corporate India's cybersecurity spending has jumped 30% year-on-year, driven by AI adoption and regulatory pressure. Even manufacturing sectors are increasing investments to protect data and AI systems, making cybersecurity a crucial operational expense.
Oracle has confirmed significant global layoffs, eliminating thousands of roles as part of a major restructuring. The company cited AI adoption, management changes, and acquisitions as drivers, with severance packages reportedly thinner than competitors'.
AWS Summit Hong Kong 2026 highlighted the rapid growth of agentic AI, with predictions of over 1 billion agents by 2029. The event showcased practical roadmaps for enterprise adoption, focusing on human-machine collaboration, data, security, and cloud innovation. Key announcements included a deepened partnership with HKSTP to support AI startups and talent development.
Accenture's stock dropped nearly 20% after reporting Q3 revenues of $18.7 billion, up year-over-year but below expectations, with a 2% decline in new bookings. CEO Julie Sweet urged investors to focus on AI adoption as a long-term growth driver.
Accenture's stock dropped nearly 20% after reporting Q3 revenues of $18.7B, up year-over-year but below expectations, with a 2% decline in new bookings. CEO Julie Sweet urged investors to focus on AI adoption as a long-term growth driver.
Nvidia CEO Jensen Huang stated he doesn't support the US government taking a stake in AI companies, arguing Americans already benefit through investments, jobs, and taxes. He also highlighted energy production as a critical challenge for US AI ambitions.
A new program at the Hong Kong AI Foundation trains senior executives to lead AI-native business transformations, focusing on strategic integration rather than add-ons. It addresses technical, organizational, and leadership challenges, preparing leaders for a future of human-AI collaboration and agility.
A KPMG study reveals Saudi Arabia as a top global market for tech trust and efficiency, fueled by digital investments and AI adoption. Saudi institutions are outperforming global peers in converting tech investments into tangible financial returns, with a high expectation for AI-driven growth and a significant lead in cybersecurity maturity.
Anthropic and Tata Consultancy Services (TCS) have partnered to accelerate enterprise adoption of Anthropic's AI models. TCS will create a dedicated business unit, gain early access to new models, and deploy Claude AI to its employees. The collaboration aims to develop solutions for sectors like finance, healthcare, and aviation, with TCS's Diligenta and iON platforms also set to leverage Claude.
Hiren Ved, Director and CIO of Alchemy Capital Management, states India is in an 'Opportunity Kaal' regarding AI, not a drought. He predicts companies aggressively using AI will surpass rivals within five years, urging investors to identify firms effectively leveraging this technology for competitive advantage and future growth.
India's real estate sector is rapidly adopting AI, with corporate adoption jumping from under 5% in 2023 to 91% in 2025. The market is projected to grow from $650 billion to $5.8 trillion by 2047, driven by technology and supportive policies.
President Trump signs a memo to accelerate AI adoption across US federal defense agencies, adapting best commercial and open-source technologies for military use, with a focus on security, reliability, and responsible handling.
Canada's "AI for All" strategy aims to boost the domestic AI industry and ensure the technology benefits citizens. It includes plans for updated legislation on personal information protection, an online safety regime, AI literacy training, and investment in a public AI supercomputer.
OpenAI CEO Sam Altman acknowledged growing business concerns over the high cost of AI usage, with some customers exhausting annual budgets early. He noted a rapid shift from expansion-focused talks to efficiency demands, attributing the trend to Jevons paradox.
Uber has implemented monthly spending caps of $1,500 per AI coding tool for employees to manage rising costs after exceeding its AI budget. This move follows similar actions by Microsoft and Walmart.
OpenAI CEO Sam Altman stated that companies most aggressively adopting AI are also hiring the most, while those citing AI for layoffs are often the least integrated with the technology. He suggested AI can be a "convenient way" to explain job cuts, a shift from his past predictions of widespread job elimination.
A new study by the AI-Driven Enterprise Institute (AIDE) ranks S&P 500 companies on AI adoption. Nvidia, Meta, Amazon, and energy producer SLB scored a perfect 100, with tech companies leading the pack. The index uses public data to assess AI literacy, advocacy, orientation, and implementation.
A TUC-backed IPPR report urges measures to boost workers' influence over AI adoption, citing mixed impacts on jobs and calling for statutory consultation duties and a 'worker support levy' to ensure fair sharing of benefits.
