Nvidia CEO Jensen Huang urged society to embrace AI, comparing its integration to the advent of automobiles. He emphasized the need for new social norms, government regulation, and safety standards, highlighting AI's potential for economic growth and scientific breakthroughs while acknowledging concerns about job losses.
Malaysian Prime Minister Anwar Ibrahim and ASEAN Secretary General Kao Kim Hourn will attend the Russia-ASEAN Business Forum in Kazan on June 17. The forum will focus on IT, AI, trade, and logistics, bringing together business representatives from over fifteen countries.
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.
France's Prime Minister Sébastien Lecornu announced that ChapsVision will replace Palantir for DGSI's large-scale data processing, aiming to build "real autonomy" and avoid strategic dependencies in the digital sphere.
Nvidia is upgrading its AI infrastructure with a $2 billion partnership with Coherent to build a factory in Texas. CEO Jensen Huang believes AI buildout can revive U.S. manufacturing and create jobs, a vision tested by this new facility.
A Public First poll of 18,000 people across 15 countries reveals a widespread belief in China's AI leadership, even in US allies like Canada, Britain, and France. However, China ranks low in trust for its AI models, placing 10th globally.
Hong Kong Science and Technology Park (HKSTP) and AI firm SenseTime are collaborating to establish a local AI data centre by 2030. The facility aims to support AI industrialization and will reach 40,000 petaflops of computing power by the target year, with phase one completion expected by year-end.
Chinese carmakers are increasingly designing their own smart-driving chips, turning custom silicon into a key weapon in the EV tech war. Li Auto's new Mach M100 AI chip, tailored for autonomous driving, highlights this trend.
ByteDance and Tencent Holdings are cutting prices for their AI models, joining rivals like Xiaomi and Alibaba in a price war sparked by intense competition in China's AI market. ByteDance's Seedance 2.0 Mini is now half price, while Tencent reduced costs on its TokenHub platform. This follows similar moves by other major tech firms aiming to attract users amid a vibrant but crowded AI landscape.
Alibaba Group Holding has launched its first AI models for robots, the Qwen Robot Suite, developed by Tongyi Lab. This suite aims to enable machines to perceive, reason, and interact with physical environments, marking a significant step into "embodied AI."
South Korean AI startup Upstage announced plans to integrate its AI models, agentic services, and portal platform following its acquisition of AXZ, operator of Daum and Timely AI. The company aims to expand its offerings and reach a broader audience with "AI for everyone."
China's economy shows a divergence, with AI-driven chip demand boosting exports and some inflation, while a deepening real estate slump and sluggish consumer spending persist. Investors await May figures, with economists predicting broad stagnation and potential GDP downgrades.
A federal judge dismissed Elon Musk's xAI lawsuit accusing OpenAI of stealing trade secrets for chatbots. This follows an earlier dismissal of a version of the lawsuit in February.
Andrew Hastie warns Australia must boost AI investment to maintain strategic independence, fearing it could become a 'supplicant state' to the US amid potential conflict with China. He advocates for Australia to become a southern hemisphere tech hub and overhaul education for AI development.
Liberal MP Andrew Hastie urges Australia to significantly boost AI investment to maintain strategic independence, warning against becoming a 'supplicant state' to the US amid potential conflict with China. He advocates for an AI ambassador and education reform.
Investment scams involving gold, crypto, and wine have surged, with over £220m lost in the past year. UK banks reported nearly 15,000 such scams in 2025, fueled by AI's ability to create sophisticated, large-scale deceptions. Overall fraud losses reached £1.28bn.
Zhipu AI released GLM-5.2 with a 1-million-token context window, significantly undercutting Western AI models on price. The company's Hong Kong-listed stock surged by up to 48% following the announcement.
Zhipu AI's stock price jumped 32.8% after launching its open-source GLM-5.2 model, coinciding with US restrictions on AI model exports. The move targets users seeking alternatives to Western AI, with Zhipu's offering priced significantly lower than competitors.
AI's demand for data centers is creating the largest MLCC supply cycle in history. AI servers require significantly more MLCCs than standard setups, driving up demand.
Singapore-based Firmus Technologies plans three AI factories in Tasmania, potentially making it the state's largest power consumer. The company has signed a contract for 104 megawatts for its first facility and aims for 400 megawatts total, raising concerns about energy supply and pricing.
Despite President Trump's warnings against state-level AI regulation, numerous states are advancing targeted legislation. These laws focus on AI's interaction with children, employer use, and preventing AI-caused catastrophes, filling a perceived federal regulatory vacuum.
Hong Kong's private offices risk obsolescence by 2030 as nearly two-thirds will exceed 30 years old. Experts emphasize the need for energy resilience, supply, connectivity, and tech infrastructure to meet AI-driven future standards, with some buildings already showing value and efficiency declines.
Hong Kong's first five-year plan, set to be finalized by end of 2026, will focus on economic upgrading, leveraging AI for job creation, and promoting inclusive development. Public consultation begins Monday.
China's legal system faces challenges with AI cases due to a fragmented legislative framework. A Hangzhou court ruled that a fintech firm wrongly fired an employee who evaluated AI accuracy, stating businesses can't shift tech costs onto workers.
