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28.05.26 - 08:00
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US banks charge ahead with American AI in Hong Kong despite geopolitical tensions (SCMP)
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Leading American banks are rolling out advanced artificial intelligence tools powered by US technology in their Hong Kong offices, charging ahead with adoption even as escalating geopolitical tensions threaten to shut the Chinese city out from top-tier software.
In a prime example of this push, Citigroup Hong Kong this month began trialing a new in-house AI agent platform called Arc, initially targeting local software developers and engineers, according to a source.
The bank has said that Arc......
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28.05.26 - 07:45
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North Korea Achieves Its First AI-Guided Missiles In Test Overseen By Kim (ZeroHedge)
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North Korea Achieves Its First AI-Guided Missiles In Test Overseen By Kim
In a development that South Korea, Japan and the United States are likely to find deeply alarming, North Korea launched AI-guided cruise missiles in a test that analysts have described as the first of its kind for the sanctioned country.
The launch and test was overseen by Kim Jong-un early this week, and it was presented as part of his new military modernization and preparedness initiative which has been greatly hyped by Pyongyang over the last several years.
KCNA/EPA/Shutterstock
North Korea's goal is "to build the most modern and powerful artillery force which no one can match," Kim said according to state Korea Central News Agency (KCNA).
The army, he warned, should possess enough "destructive power" to make survival "impossible" for any enemy it strikes, the KCNA report continued.
The tactical missile utilizes "AI terminal guidance function" - which allows artificial intelli...
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28.05.26 - 07:42
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AI Risks Prompt Carson Block to Rethink India Plans (Bloomberg)
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Muddy Waters Research CEO Carson Block joined Insight with Haslinda Amin to discuss the sustainability of the AI rally, risks to the labour market, and how these shifts could reshape global equity markets, including India. (Source: Bloomberg)...
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28.05.26 - 07:06
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Semiconductors and AI are pillars of Taiwan′s global prosperity, says Taiwanese president (Digitimes)
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During the 2026 Europe Day Dinner, Taiwanese President Ching-te Lai referenced how coal and steel formed the foundation of peace in Europe, comparing that to how semiconductors and AI shape global prosperity and democratic security for Taiwan. He said Taiwan's semiconductor ecosystem integrates critical technologies from leading European companies, praising the nature of like-minded partners working together toward shared goals....
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28.05.26 - 06:54
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Minimax President on Business Strategy and AI (Bloomberg)
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Yeyi Yun, Co-founder and President at MiniMax, discusses the company's business strategy and outlook for the AI sector in China. She speaks with Stephen Engle from the sidelines of the UBS Asian Investment Conference in Hong Kong. (Source: Bloomberg)...
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