Tag: Southeast asia

China Expects Its AI Industry To Top 1.4 Trillion Dollars By 2030

China has unveiled a massive economic roadmap projecting that its AI-related industries will surpass 10 trillion yuan by 2030, driven by the national AI Plus initiative and a strategic pivot toward new q

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

How ByteDance Seedance 2.0 Just Redefined Cinematic AI Video

ByteDance, the parent company of TikTok, has launched "Seedance 2.0," a revolutionary AI video model capable of generating cinematic-quality footage, sparking a major rally across Chinese tech and media

Takeda & Iambic launch major AI-driven drug discovery partnership

Japan’s pharmaceutical giant Takeda has entered a massive $1.7 billion collaboration with Iambic Therapeutics to accelerate the discovery of small-molecule drugs for cancer and inflammation, leveraging t

Tokyo Electron lifts full-year outlook on AI chip demand surge

Tokyo Electron (TEL), a cornerstone of the global semiconductor supply chain, has significantly raised its full-year earnings forecast for 2026. The move is fueled by an insatiable global appetite for th

TSMC Profits Jumped 35 Percent Amid Record Breaking AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a record-smashing 35% jump in fourth-quarter profits for 2025, driven by insatiable demand for high-performance AI processors. With revenue crossing

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