Telcos, Media & Tech
Nvidia plans new chip to speed AI processing, WSJ reports
NVIDIA plans to launch a new processor designed to help OpenAI and other customers build faster, more efficient AI systems, the Wall Street Journal reported on Friday, citing people familiar with the ...
Trump Media considers spinning off Truth Social into public company, reports wider annual loss
TMTG has faced challenges scaling up its media business
Trump directs US agencies to toss Anthropic’s AI as Pentagon calls startup a supply risk
Tech companies and the Pentagon have repeatedly locked horns since at least 2018
Frencken H2 profit rises 1.1% to S$19.2 million on higher mechatronics revenue
Revenue for the period is up 2.9% year on year at S$433.7 million
SAP’s new bonus system sparks outcry over rewards for underperforming bosses
The German software company has seen high executive board turnover in the past six years
Nintendo announces 290 billion yen share sale by Kyoto bank and others
Nintendo’s shares pared gains and closed up nearly 3% following a Reuters report
Meta signs multi-billion-dollar deal to rent Google AI chips: report
The Facebook owner has also signed a deal with Nvidia to buy its current and future AI chips
Dell expects AI server revenue to double in fiscal 2027 on data centre boom
Big tech firms are expected to spend at least US$630 billion to build AI infrastructure this year
Nvidia expects gaming chips shortage to last until year-end
Forecasts for the console market have been bleak
Smartphone market set for biggest-ever decline in 2026 on memory price surge: IDC
The research firm expects a modest 2% recovery in 2027 as the crisis eases