Artificial Intelligence

October 25, 2026 @ 2:02 am By Omar Faridi  |  

Tesla (NASDAQ: TSLA) delivered stronger-than-anticipated third-quarter results this week, with adjusted earnings per share reaching 48 cents against Wall Street forecasts of roughly 43 cents. Revenue also edged past projections, coming in near $28 billion. Most notably, free cash flow swung to a positive $1.5… Read More

October 25, 2026 @ 12:16 am By Omar Faridi  |  

Chinese artificial intelligence company DeepSeek has completed a major capital raise totaling roughly 100 billion yuan, equivalent to about $15 billion, according to a Bloomberg report citing people familiar with the matter. The Hangzhou-based startup increased its fundraising goal more than once during investor discussions,… Read More

October 24, 2026 @ 7:46 pm By Michael Wong  |  

AnyMind Group will introduce artificial intelligence tools, including agentic AI applications and AI-generated content, in the U.S. as the marketing and e-commerce technology company expands its operations into the market. The company said on October 22 that it had launched U.S. operations in Los Angeles,… Read More

October 24, 2026 @ 6:45 pm By Omar Faridi  |  

Moonshot AI, the Beijing-based artificial intelligence startup, has introduced Kimi K3.1 Pro as the opening model in its K3.1 series. The company positions the system as its most capable open-weight offering in the roughly three-trillion-parameter class to date. The release builds directly on the earlier… Read More

October 24, 2026 @ 11:23 am By Barry James  |  

As the UK House of Lords Financial Services Regulation Committee kickoff the first evidence session of their inquiry into Regulatory Sandboxes this week (with written submissions closing Friday) in this, the first of a short series, in which we will map, diagnose, and work out… Read More

October 24, 2026 @ 11:10 am By Michael Wong  |  

Only 13% of chief information officers (CIOs) said their organisations had achieved significant or transformational value from artificial intelligence, even as companies ramp up spending and expand its use, according to a Gartner survey. The survey of 2,002 CIOs and technology executives, conducted from May… Read More

October 24, 2026 @ 11:06 am By Omar Faridi  |  

Barclays (LON: BARC) has disclosed plans to eliminate roughly 5,000 positions across its global operations by the close of 2026, equivalent to about 5 percent of its total workforce. The lender reported a headcount of approximately 93,000 employees at the end of 2025. Of the… Read More

October 24, 2026 @ 11:00 am By Omar Faridi  |  

Stripe has introduced Treasury for agents, a new capability that lets startups run key financial tasks through AI agents such as ChatGPT and Claude. Announced on October 21, 2026, from San Francisco and Dublin, the feature builds on Stripe Treasury, which already lets companies manage… Read More

October 23, 2026 @ 10:28 am By Omar Faridi  |  

Wall Street closed sharply lower on Thursday as technology stocks absorbed the heaviest selling, with the latest batch of corporate results failing to rekindle enthusiasm for artificial intelligence investments. The Nasdaq Composite dropped 2.6 percent, its steepest single-session decline since June, while the S&P 500… Read More

October 23, 2026 @ 9:14 am By Omar Faridi  |  

Andreessen Horowitz is rebranding its dedicated cryptocurrency investment practice as a16z Frontier, broadening its mandate beyond blockchain-focused startups to encompass a wider range of emerging technologies. The change, announced on October 22, 2026, by managing partner Chris Dixon, frames the shift as an expansion rather… Read More

October 23, 2026 @ 7:28 am By Omar Faridi  |  

Bitcoin Core has revised its security disclosure practices in response to large language models that have sharply lowered the barrier for rediscovering certain software flaws. The change prioritizes faster delivery of patches for issues that can be identified with minimal effort, while retaining longer timelines… Read More

October 23, 2026 @ 1:32 am By Omar Faridi  |  

Meta Platforms (NASDAQ: META) is restructuring its capital base to sustain heavy spending on artificial intelligence while protecting the voting control of CEO Mark Zuckerberg. During its third-quarter earnings call on Wednesday, the parent company of Facebook and Instagram disclosed plans for a new class… Read More

October 22, 2026 @ 2:57 pm By Omar Faridi  |  

Spanish banking group BBVA (BME: BBVA) has entered a collaboration with semiconductor leader Nvidia (NASDAQ: NVDA) to examine ways of incorporating robust security and governance measures into artificial intelligence agents starting at the earliest stages of their development. The partnership focuses on assessing the potential… Read More

October 22, 2026 @ 8:37 am By Omar Faridi  |  

The PHP Foundation has acknowledged that indecision and limited resources led to a structural failure that delayed a fix for a critical security flaw first identified in 2024. The admission came in a detailed statement issued hours after the project released emergency patches for two… Read More

October 22, 2026 @ 2:23 am By Michael Wong  |  

Artificial intelligence is the top concern for chief executives in Asia-Pacific, with 94% describing it as a critical or existentially critical challenge, while regional leaders report greater preparedness for disruption than their global peers, a survey by leadership advisory firm Egon Zehnder found. The survey… Read More

October 22, 2026 @ 12:50 am By Michael Wong  |  

Artificial intelligence investment is sustaining global demand, but central banks should not assume the technology has already raised productivity or changed the economic conditions that guide monetary policy, a senior Monetary Authority of Singapore (MAS) official said. Edward S. Robinson, MAS deputy managing director for… Read More

October 22, 2026 @ 12:38 am By Omar Faridi  |  

Analysts on Wall Street are debating whether markets overreacted to CoreWeave’s (NASDAQ: CRWV) substantial borrowing after the AI infrastructure provider’s stock tumbled roughly a quarter of its value last week. The sharp decline reflected mounting worries that the company’s heavy reliance on debt to fund… Read More

October 21, 2026 @ 10:15 pm By Michael Wong  |  

Southeast Asia’s digital economy is projected to reach $368 billion in gross merchandise value (GMV) in 2026, growing 17% year-on-year despite macroeconomic pressures, as artificial intelligence (AI) adoption reshapes consumer behaviour and investment across the region, according to a report by Google, Temasek and Bain… Read More

October 21, 2026 @ 10:28 am By Omar Faridi  |  

SpaceX (NASDAQ: SPCX) reported strong third-quarter 2026 results that underscore its rapid transformation from a pure-play launch provider into a diversified technology company dominated by artificial intelligence. The company generated $14.6 billion in revenue, a 161 percent increase from the year-earlier period, while swinging from… Read More

October 21, 2026 @ 9:19 am By Omar Faridi  |  

In a statement that underscores a shift in Tesla’s (NASDAQ: TSLA) strategic priorities, Elon Musk has emphasized that the company’s humanoid robot Optimus and its purpose-built autonomous Cybercab vehicle are expected to account for the vast majority of Tesla’s future enterprise value. The remarks, made… Read More