Keywords: INTELLIGENCE


UMC expands Taiwan and Singapore chip facilities as AI demand drives $2 billion investment plan

Taiwanese semiconductor manufacturer United Microelectronics Corporation (UMC) is stepping up its long-term investment strategy as demand linked to artificial intelligence reshapes the global chip market. The company has approved a new expansion program covering additional cleanroom capacity at its Singapore......

BIS warns that artificial intelligence could complicate central bank decisions

The rapid expansion of artificial intelligence is creating new challenges for central banks as they attempt to assess economic conditions and make appropriate monetary policy decisions, according to a report from the Bank for International Settlements (BIS). The institution warned that the growing influence......

Cognizant lowers revenue outlook as cautious IT spending weighs on growth

Cognizant Technology Solutions has issued a cautious revenue forecast for the coming quarter, signaling continued pressure on corporate technology spending as businesses remain selective about new investments. The IT services provider said Wednesday that third-quarter revenue is expected to fall between......

SK Hynix posts record quarterly profit as AI-driven chip demand accelerates

South Korean semiconductor manufacturer SK Hynix reported record financial results for the second quarter, driven by surging global demand for advanced memory chips used in artificial intelligence applications. The company announced a net profit of 93 trillion won (approximately €56.2 billion)......

Microsoft unveils ai-powered cybersecurity model to strengthen digital defense

Microsoft has announced the launch of a new artificial intelligence model designed specifically for cybersecurity, alongside an AI-powered platform aimed at automating key aspects of digital defense. The move reflects the growing competition among major technology companies to develop advanced tools......

Air India wins FlightGlobal award for digital leadership and technology transformation

Air India has received the Airline Strategy Award for Digital Leadership from FlightGlobal, recognising the airline's ongoing technology transformation since its return to the Tata Group. The award was presented to Air India Chief Executive Officer and Managing Director Campbell Wilson and Chief......

Sam Altman says AI has surpassed human intelligence, reigniting debate over technological singularity

OpenAI Chief Executive Officer Sam Altman has sparked renewed debate over the future of artificial intelligence after declaring that AI has entered what he describes as the era of the "technological singularity"—the point at which machines surpass human intelligence. Speaking on the......

Dubai International Financial Centre surpasses 10,000 active companies for the first time

The Dubai International Financial Centre (DIFC) has surpassed 10,000 active companies for the first time in its history, highlighting the continued expansion of Dubai's financial and business ecosystem. The milestone was reached during the first half of 2025, with the number of registered companies......

UK launches youth training overhaul to prepare workers for an AI-driven economy

The United Kingdom is preparing a major reform of youth training programs as the government seeks to address rising unemployment among young people and adapt the workforce to the rapid expansion of artificial intelligence. Prime Minister Andy Burnham unveiled plans on Tuesday to reshape technical education......