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‘I worry people will forget Hong Kong’: Joshua Wong laments city’s fate from inside maximum security prison

Exclusive: pro-democracy activist’s prison letters reveal fascination with AI, brushes with Triads and an appetite for booksHong Kong pro-democracy activist Joshua Wong sentenced to 10 years in prison in national security case From inside Hong Kong’s oldest maximum security prison, where he swaps books with Triad ga…

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Financial policymakers to monitor US AI, trade policies following election

South Korea's key financial policymakers on Thursday vowed to closely monitor potential changes in US policies on artificial intelligence (AI) and trade and their implications for the South Korean economy. Finance Minister Lee Hyoung-il discussed the issues with Bank of Korea (BOK) Gov. Shin Hyun-song, Financial Ser…

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Korean iPhone Duo owners recount screen failures, delayed replacements

Apple’s first foldable iPhone is facing fresh durability concerns after two South Korean customers reported that their devices’ inner screens cracked while being unfolded, just days after purchase. Both customers received free replacements, but only after delays at Apple-authorized service centers. Neither was given…

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SK hynix puts Chey Tae-won at helm of $10b US AI investment arm

SK hynix has named its US-based artificial intelligence investment arm Hyaico Corp., with SK Group Chairman Chey Tae-won taking the board chairmanship to oversee investments of up to $10 billion in the US AI industry. The chipmaker disclosed the name and leadership lineup in a filing with the US Securities and Excha…

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K-water promotes Korean water tech at Asia Water Council

Korea Water Resources Corporation, also known as K-water, is stepping up efforts to bring Korean water management technologies to overseas markets as the Asia Water Council, which it chairs, marks its 10th anniversary. The state-run utility said Thursday that it is holding a series of council meetings in Bangkok, Th…

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UK found to be ‘dangerously’ reliant on China for critical minerals needed for defence and AI

Delivering net zero also at risk, say MPs as they call for centralised policy and funding for mines and diversification The UK is “dangerously” dependent on China for critical raw materials needed for the military, renewable energy infrastructure and AI, a parliamentary investigation has found.MPs on the business se…

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Thiel-backed Crescendo raises $350m for $1b tech fund

Crescendo Equity Partners, a technology-focused private equity firm backed by PayPal co-founder Peter Thiel, has secured more than $350 million from overseas investors in the first closing of its fourth buyout fund, targeting $1 billion to acquire controlling stakes in Korean technology companies. The firm said Thur…

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Korea Eximbank commits $170m to Tanzania's first EDCF AI project

The Export-Import Bank of Korea will provide a $170 million loan to build an artificial intelligence education center in Tanzania, marking the first AI project financed through South Korea's Economic Development Cooperation Fund. The state-run lender said Thursday that its Senior Executive Vice President Lee Dong-ho…

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Elon Musk’s nearly half a billion dollars in midterms spending was a flop

The tech billionaire set spending record as he poured $446m into campaigns for failed Republican candidatesElon Musk set a record for election spending this year after pouring nearly half a billion dollars into backing Republicans in the US midterm elections. It turned out to be a poor investment.The SpaceX and Tesl…

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Star mathematician Ma Xiao leaves the US for China – and a career pivot to AI

Two years ago, Chinese mathematician Ma Xiao helped crack a century-old puzzle known as Hilbert’s sixth problem. The problem – which has baffled generations of mathematical physicists – centres on an elusive bridge connecting the chaotic frenzy of microscopic atoms with the predictable laws of fluid motion. The brea…

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Scare campaigns: Victoria’s major parties trade blows over AI-generated videos of leaders in election ads

Transparency and advertising experts say trust in politics could be further eroded as a result of ‘lies, deepfakes and AI-generated politicians’Get our daily political email, free app or daily news podcastIt’s the night of Halloween and Jess Wilson has appeared on social media feeds with a warning about a scary pros…

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Costs above competition? Why US voters aren’t buying Trump’s China AI pitch

Strong voter backlash in the US midterm elections against AI infrastructure projects, including data centres, indicates that framing the domestic buildout as key to competing with China failed to convince Americans and underscores the need to address local concerns, according to analysts. “The argument that we need …

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Trump’s billionaire-blue collar coalition has been smashed by class politics | Aditya Chakrabortty

As tech bosses get richer and ordinary Americans struggle, Democrats put the case against the US’s grotesque unfairness – and voters responded Remember the “vibe shift”? Just last year, columnists and corporate boardrooms alike declared that the second coming of Donald Trump meant the old rules of politics and even …

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Oracle Kills $7BN Tencent AI Chip Deal Under Trump Pressure

Oracle Kills $7BN Tencent AI Chip Deal Under Trump Pressure Trump administration officials went to Oracle with concerns about its chip leasing contract with Tencent, and the deal has since been cancelled, two people familiar with the matter told the Financial Times.The five-year lease, worth an estimated $7 billion,…

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Asean chief leads call for regional cooperation on 'ethical, safe AI'

FUZHOU, China — Association of Southeast Asian Nations (Asean) Secretary General Kao Kim Hourn led the call for regional cooperation on 'responsible governance and ethics, a safety network, and harnessing infrastructure' amid the rapid rise of artificial intelligence (AI) at a media forum here on Wednesday.

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How Democratic sweep could slow AI growth in US – and help China’s ambitions

The Democratic Party’s sweeping midterm election victory and takeover of both houses of Congress could slow down the pace of artificial intelligence development in the US, with implications for both the global AI trade and the technology rivalry between Washington and Beijing, analysts said. The assessment comes as …

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