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Caution rises over inflated AI-driven tech valuations
Aug 22,2025
US tech stocks have stumbled after a sharp rally, with investors increasingly cautious over AI-linked valuations and shifting market conditions. The S&P 500 tech sector has dropped around 2.5% this week, while the Nasdaq has slipped 2%, led by lo...
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Honda teams up with US startup on self-driving tech
Aug 22,2025
Honda has entered a multiyear partnership with US-based startup Helm.ai to enhance self-driving systems in its vehicles. The collaboration focuses on developing advanced driver assistance for Honda's mass market range, with a target launch set for 20...
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Brazil examines legislation for national Bitcoin reserve
Aug 22,2025
Brazil's Chamber of Deputies Economic Development Commission will hold its first hearing on 20 August to examine a proposal to establish a Bitcoin Strategic Reserve. The legislation aims to diversify Treasury assets and protect reserves from currency...
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Coinbase pushes stablecoins as AI payment backbone
Aug 22,2025
Coinbase positions stablecoins at the heart of AI-powered apps, bots, and machines. Over a sweltering August weekend in Brooklyn, around 100 developers from across the globe built tools enabling software to send and receive payments using these digit...
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Quantum computing firm strengthens European presence
Aug 21,2025
US quantum computing firm Strangeworks has expanded its European presence by acquiring German company Quantagonia. The merger allows organisations to tackle complex planning and optimisation using classical, hybrid, quantum, and quantum-inspired tech...
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TeraWulf shifts power capacity toward AI with Google support
Aug 20,2025
TeraWulf has secured a$3.2 billion financial backstop from Google to develop a 160-megawatt data centre at its Lake Mariner site in New York. Google will receive warrants for 32.5 million shares, lifting its stake in TeraWulf to about 14%. Unlike its...
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Arm to build its own chips with AI focus
Aug 20,2025
Arm Holdings has hired Amazon's AI chip lead, Rami Sinno, to design its own complete chips. Known for Amazon's Trainium and Inferentia processors, Sinno brings key expertise to Arm's new direction in chip manufacturing. Arm has traditionally licensed...
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Alibaba unveils AI agent to transform global trade for SMEs
Aug 18,2025
Alibaba International has introduced Accio Agent, a new AI tool that simplifies and accelerates cross-border trade. The company says it is the world's first AI platform explicitly tailored for business-to-business transactions, aiming to help small- ...
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HTC enters the AI smart glasses race with Vive Eagle
Aug 18,2025
HTC has entered the increasingly competitive world of AI-powered smart glasses with its newly unveiled Vive Eagle. Once a smartphone giant, the Taiwanese company is now betting on wearable tech to reassert itself against rivals like Meta, Google, Sam...
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Google fined $36M in Australia over Telco search deals
Aug 18,2025
Google has agreed to pay a fine of A$55 million (US$35.8 million) in Australia after regulators found the tech giant restricted competition by striking deals with the country's two largest telecommunications providers. The arrangements gave Google's ...
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GPT-5 impresses in reasoning but stumbles in flawless coding
Aug 17,2025
OpenAI's newly released GPT-5 draws praise and criticism in equal measure, as developers explore its potential for transforming software engineering. Launched on 7 August 2025, the model has impressed with its ability to reason through complex proble...
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Employees of OpenAI eye multi-billion dollar stock sale
Aug 17,2025
According to a source familiar with the talks, OpenAI employees are preparing to sell around$6 billion worth of shares to major investors, including SoftBank Group and Thrive Capital. The deal, still at an early stage, would push the company's valuat...
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