Rising fees are changing the role of South-east Asia’s e-commerce enablers

At the World AI Conference in Shanghai on Jul 17, Chinese president Xi Jinping (centre) also called for fair and equitable global AI governance.

Xi Jinping vows to make AI for all in debut at China’s top tech summit

Priced at a premium over other Chinese models, the Kimi K3 highlights how China’s AI race is evolving beyond a competition on price alone. 

Chinese startup Moonshot’s powerful new AI model closes gap with US rivals

Calvin Cheng, founder and chairman of regulated digital asset infrastructure provider Paymonade, notes that the era of lightly regulated crypto is ending.

Singapore-founded Paymonade secures licence to offer crypto-asset services across EEA

STRAIGHT TO YOUR INBOX

Fridays: Hottest updates on the local SME scene to wrap up your week.

Jamie Dimon (pictured) said that access to advanced AI capabilities must be controlled, adding that “you’re giving ballistic missiles to individuals with Mythos”. 

Anthropic's Mythos AI risks are a ‘real issue’, says JPMorgan CEO Jamie Dimon

Toyota will integrate Nvidia’s AI platforms into Woven City, its experimental prototype community built on a former factory site in Shizuoka prefecture in Japan.

Nvidia expands Toyota AI partnership for smart cities, factories

Deepseek’s back-to-back fundraising plans underscore strong investor appetite for the company, but also point to the rising costs of competing in AI.

China’s DeepSeek to raise fresh capital at US$74 billion valuation ahead of onshore IPO

If outright ownership is the wrong tool for nearly the whole AI economy, it leaves governments with the job of designing the rules of the game.
COMMENTARY

Who should own AI? The case against – and for – nationalisation

“Samsung Electronics is not reviewing the possibility of issuing ADRs,” a Samsung spokesperson said in a statement.

Samsung Electronics denies report that it is exploring US listing

Liang’s net worth more than doubled to US$36 billion, from around US$16.7 billion, according to the Bloomberg Billionaires Index. 

DeepSeek founder Liang Wenfeng becomes the world’s richest AI model creator