Author: Daniel snow
AI tools aren’t a substitute for going to see your doctor, but sometimes they can help you get there. Source link
Niphon | Istock | Getty ImagesOpenAI is putting a spotlight on an under-the-radar artificial intelligence startup that it believes is on the “front line” of China’s race to lead the world in AI — and its not DeepSeek. In a blog post on Wednesday, the company wrote that Beijing-backed Zhipu AI has made “notable progress” in the AI race, as global competition ramps up.Zhipu AI, founded in 2019, has been referred by domestic media as one of China’s “AI tigers” — a class of large language model unicorns seen as key to Beijing’s efforts to rival the U.S. and reduce its…
A close-up view of the illuminated red H&M logo in front of a display of women’s summer dresses and casual apparel at a retail store.Cheng Xin | Getty Images News | Getty ImagesSwedish clothing giant H&M on Thursday reported weaker-than-expected sales in the fiscal second quarter but pointed to an uptick in demand to kick-start the summer season.Revenues at the world’s second-largest clothing retailer dipped year-on-year to 56.71 billion Swedish krona ($5.99 billion) in the three-month period to May. 31, slightly below the 57.01 billion Swedish krona forecast by LSEG analysts.Operating profit totaled 5.9 billion Swedish krona over the quarter, in…
Iran’s supreme leader believes the country can outlast the West in a war of attrition. Source link
Asia FX firms, dollar hits 3-yr low as Trump calls for rate cuts amid Powell feud Source link
Chinese Premier Li Qiang spoke at the opening ceremony of the ASEAN-China-GCC Economic Forum in Kuala Lumpur, Malaysia, on May 27, 2025.Sopa Images | Lightrocket | Getty ImagesBEIJING — Chinese Premier Li Qiang on Thursday urged the Asian Infrastructure Investment Bank to increase its support for Beijing’s Belt and Road Initiative.”I hope that the AIIB will stay committed to open regionalism and persevere in promoting connection and communication among Asian countries and countries across the world,” Li said in Mandarin through an official English translation.”It is important to strengthen the synergy between the bank and the Belt and Road Initiative…
“Someone, somewhere is having data exfiltrated from their machines as we speak,” says Volodymyr Diachenko, co-founder of the cybersecurity consultancy SecurityDiscovery.Sarayut Thaneerat | Moment | Getty ImagesCybercriminals have intensified their efforts to steal and sell online passwords, experts warn. The alarm comes after the discovery of online datasets containing billions of exposed account credentials. The 30 datasets comprised a whopping 16 billion login credentials across multiple platforms, including Apple, Google and Facebook, and were first reported by Cybernews researchers last week. The exposures were identified over the course of this year by Volodymyr Diachenko, co-founder of the cybersecurity consultancy Security Discovery, and…
ASEAN member nations’ flags outside the Pullman Hotel, the venue for the ASEAN Foreign Ministers’ retreat meeting in Luang Prabang, Laos, in January 2024.Tang Chhin Sothytang Chhin Sothy | Afp | Getty ImagesThe U.S. and China are usually top of mind when it comes to artificial intelligence and generative AI. But Southeast Asia’s small businesses have huge potential that shouldn’t be ignored, experts say.In fact, it’s a matter of survival, according to Jochen Wirtz, a professor of marketing at the National University of Singapore Business School, who said those that fall behind will be “moved into a franchise business or…
Ikea shoppers will see price cuts of up to 50% at many of the company’s restaurants globally, as the Swedish retail giant aims to attract cost-conscious consumers.The steep price cuts will be a temporary measure to help consumers “stretch their budgets” at a time of heightened economic uncertainty and high cost-of-living pressure, the company said, without specifying when the cuts will come into effect. The home and furniture retailer said it would also offer free meals for children.”Consumer confidence has decreased. People are holding on to the money that they have in their pockets or in savings,” Tolga Öncü, COO…
A semiconductor wafer is on display at Touch Taiwan, an annual display exhibition in Taipei, Taiwan, on April 16, 2025.Ann Wang | ReutersChip stocks in Asia rose Thursday, after artificial intelligence darling Nvidia’s shares hit a record close to reclaim the title of the world’s most valuable company.Shares of South Korea’s SK Hynix, which supplies memory chips to Nvidia, gained 3.53%. TSMC, which manufactures Nvidia’s high-performance graphics processing units that help power large language models, saw a smaller rise of 0.47%.Taiwan’s Hon Hai Precision Industry — also known as Foxconn — was 0.77% higher. It has a strategic partnership with Nvidia to build “AI…