Showing 1 - 10 of 46
Musk merges his AI business into SpaceX
AFP, Published on 03/02/2026
» SAN FRANCISCO - Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.
Tariffs and the AI 'Sputnik moment'
Business, Kean Tan, Published on 26/02/2025
» In 1957, the Soviet Union launched Sputnik 1, the world's first artificial satellite, into space orbit. The man-made craft sent a radio signal back to Earth for three weeks before its batteries depleted. It subsequently fell back into the atmosphere after three months, having circled Earth more than 1,400 times.
Trump warns of 'wake-up call' as low-cost Chinese AI jolts Silicon Valley
AFP, Published on 28/01/2025
» SAN FRANCISCO - Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a "wake-up call" for Silicon Valley.
Nvidia loses $500 bn in value as Chinese AI firm jolts tech shares
AFP, Published on 28/01/2025
» NEW YORK - US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that could threaten US dominance in the fast-growing industry.
Who is Pavel Durov, CEO of messaging app Telegram?
Published on 25/08/2024
» Pavel Durov, billionaire founder and CEO of the Telegram messaging app, was arrested at the Bourget airport outside Paris on Saturday evening, TF1 TV and BFM TV said, citing unnamed sources.
Delegation to boost trade, investment with Kazakhstan
Business, Phusadee Arunmas, Published on 14/08/2024
» Commerce Minister Phumtham Wechayachai is leading a high-level ministry delegation to Kazakhstan during Aug 13-18 to promote bilateral cooperation in trade and investment.
Tech fair showcases AI and robotic advances
Business, Suchit Leesa-nguansuk, Published on 25/07/2024
» Artificial intelligence (AI), virtual and augmented reality technologies and space technology are among the highlights at the ongoing MHESI Fair 2024 SCI-POWER For Future Thailand.
Chinese buying set stage for gold rush
Bloomberg News, Published on 09/03/2024
» This week’s gold rush may have been triggered by bets that the US Federal Reserve is getting closer to cutting interest rates, but the foundations for the record rally were laid in China.
SCB acquires 100% of Vietnamese lender
Online Reporters and Bloomberg, Published on 28/02/2024
» Siam Commercial Bank confirmed on Wednesday that it has reached an agreement to acquire 100% of the shares in the consumer finance lender Home Credit Vietnam in a deal worth 31 billion baht.
SCB ‘poised to purchase Vietnamese lender’
Bloomberg News, Published on 27/02/2024
» SCB X Plc, Thailand’s biggest bank by market value, is close to an agreement to buy the Vietnamese business of the consumer lender Home Credit in Vietnam in a deal that could be worth as much as US $900 million, according to people familiar with the matter.