Market News

Grab is Betting on Artificial Intelligence to Triple Profits by 2028

Southeast Asian super-app Grab has announced a bold strategic roadmap to triple its adjusted core profits by 2028. The company is pivoting from its historical growth-at-all-costs model to an AI-first app

DeepSeek Is Withholding Its Next Flagship AI Model From US Chipmakers

Chinese AI powerhouse DeepSeek has broken industry tradition by withholding its upcoming V4 flagship model from U.S. chipmakers like Nvidia. The move, which favors domestic partners like Huawei, comes am

Anthropic Claude Code Security Is Disrupting The Cybersecurity Market

The launch of Claude Code Security by Anthropic has triggered a massive sell-off in the cybersecurity sector, wiping out billions in market value. This AI-powered tool, which identifies deep logic flaws

IBM Shares Plunged as AI and Crypto Market Fears Deepen

IBM shares suffered their worst single-day decline in over 25 years as a new AI tool from Anthropic sparked fears of "legacy disruption." The sell-off, which wiped out $30 billion in market value, coinci

Anthropic Accuses Chinese Labs of Using 24000 Fake Accounts to Siphon US AI Tech

Leading AI firm Anthropic has exposed a massive "distillation attack" involving over 24,000 fraudulent accounts. The company alleges that Chinese labs, including DeepSeek and MiniMax, siphoned millions o

AI Market Volatility and New Tariffs Are Sending Tech Stocks Into a Tailspin

Wall Street faces a sharp downturn as the intersection of new trade tariffs and AI infrastructure skepticism triggers a massive sell-off in the tech sector, leaving investors scrambling to reassess their

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