Artificial Intelligence

US trade gap in July hits biggest in over a year on AI build-out

US exports dipped 2.1 per cent to US$310.7 billion, while imports rose 2.8 per cent to US$399.3 billion.

Nvidia pays $16.4b for Hugging Face – and an open AI future

When OpenAI’s agents went rogue in July and targeted the company Hugging Face, they demonstrated ingenuity and drive beyond what many experts imagined — a dangerous harbinger of what such bots could do in the future. (The New York Times)

Chinese AI firm Moonshot files confidentially for Hong Kong IPO, sources say

The developer of popular AI large language model Kimi is aiming to raise US$3 billion (S$3.8 billion), one of the sources said.

More Singapore firms plan to freeze or moderate wages and boost AI focus in 2027: SNEF

Rising manpower costs and continued uncertainty over business outlook are pushing companies to be more cautious.

AI drama frenzy sends Chinese broadcaster Mango’s shares soaring 64%

The rally was sparked by The Later Journey to the West, which premiered on Aug 31 as China’s first fully AI-generated long-form TV drama.

Interest in tech tours to China surging amid global AI hardware boom

Investors and entrepreneurs are paying thousands of dollars for rare access to Chinese factories.

Meet the humans behind ‘Wendy and Wayne’, OCBC’s wealth avatars

Digital faces of the OCBC WoW app, Terissa Chang and Ethan Peh have become minor celebrities overnight after the beta version was rolled out to a select group of users for testing in July.

New York City to ban AI in public schools through eighth grade

Mayor Zohran Mamdani is set to announce new rules concerning the use of AI in New York City’s schools.

Singapore factory activity expands in August, even as supply chain crisis from Iran war deepens

The Republic’s purchasing managers’ index, a barometer of the manufacturing industry’s overall health, rose to 51.5 points in August.

Why we need ‘human reserved’ jobs

The remarkable leaps AI is making may mean that even jobs we do not think of as at risk may also be in danger.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.