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02.05.26 - 04:48
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Elon Musk grilled over his AI profits (Times of India)
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Elon Musk faced intense questioning for a third day in his OpenAI lawsuit, defending his for-profit AI ventures. He argued that while for-profit is acceptable, OpenAI's alleged shift from its charitable roots was akin to "stealing a charity." Musk became visibly irritated when pressed on the similarities between his companies and OpenAI, asserting his own firms benefit humanity....
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02.05.26 - 01:48
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Foxconn Industrial Internet posts 102% net profit growth in 1Q26 on AI GPU, ASIC demand (Digitimes)
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Benefiting from the continued expansion of artificial intelligence (AI) computing power demand, Foxconn Industrial Internet (FII), a subsidiary of Hon Hai Precision Industry (Foxconn), reported first-quarter 2026 revenue that far exceeded market expectations. Revenue reached CNY251.08 billion (approx. US$36.74 billion), up 56.52% year over year, while net profit attributable to shareholders of the parent company reached CNY10.60 billion, soaring 102.55%, with profit growth significantly outpacing revenue....
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02.05.26 - 01:48
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NSTC forms task force to lead Taiwan′s multimodal AI foundation model development (Digitimes)
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Amid the flourishing commercial generative AI landscape dominated by large-parameter language models, Taiwan's National Science and Technology Council (NSTC) has reversed earlier doubts about its Trustworthy AI Dialogue Engine (TAIDE) project. NSTC minister Cheng-Wen Wu has instructed the formation of a TAIDE task force led by Mark Liao, director of Academia Sinica's Institute of Information Science, to develop a multimodal foundational AI model supporting diverse industries across Taiwan....
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01.05.26 - 21:12
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Some Investor ′Choosiness′ for AI Debt: Cisar (Bloomberg)
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Winnie Cisar, global head of strategy at CreditSights, joins Scarlet Fu on "Bloomberg Real Yield." After a $300 billion AI debt binge that spanned every corner of the credit market, investors are starting to show some signs of fatigue. (Source: Bloomberg)...
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