The Business Times

Startups & Tech

Trader’s guide to India’s data centre boom powered by Google, OpenAI

Credit derivatives tied to Meta’s debt traded on Thursday (Oct 30), when the social media giant raised US$30 billion in the biggest US corporate investment-grade bonds offering of the year. That transaction comes after a US$27 billion private bond sale earlier this month to help fund a data centre in Louisiana that Meta will use and partly own. 

Credit derivatives on Meta start trading after big bond sales

Once seen mainly as strategic bets on a fast-moving frontier, stakes in artificial intelligence startups are now contributing sizable, if still paper, profits to some of the world’s biggest businesses – even as the technology itself is only starting to pay commercial dividends.

Alphabet, Amazon stakes in Anthropic boost profit by billions

Nvidia CEO Jensen Huang completes US$1 billion share sale

Nvidia CEO Jensen Huang completes US$1 billion share sale

The move is likely to ease worries about chip shipments that had threatened auto production in Europe and elsewhere amid a broader trade fight pitting China against the US and its allies that had roiled markets.

US to announce Nexperia chip shipments from China to resume

The speed with which AI-driven companies can create value is forcing VC fund managers to rethink long-standing frameworks for early-stage investment.

How AI is forcing VCs to rethink their timelines

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New AI lab focused on energy efficiency launched by Univers with Microsoft, AMD, NUS as partners

FILE PHOTO: A Long March-2F carrier rocket carrying the Shenzhou-18 spacecraft takes off from the Jiuquan Satellite Launch Center for a crewed mission to China's Tiangong space station, near Jiuquan, Gansu province, China April 25, 2024. China Daily via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA./File Photo

Data centres to boldly go where no man has gone before: NTU researchers show the way

The convention targets a broad spectrum of offences from phishing and ransomware to online trafficking and hate speech, the UN has said, citing estimates that cybercrime costs the global economy trillions of dollars each year.

UN cybercrime treaty to be signed in Hanoi to tackle global offences

Jeremy Tan (left) and Murli Ravi, co-founders of Tin Men Capital.
Tech in Asia

Forget the unicorn – the US$50 million exit is the new South-east Asia dream

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