NexCOBOT Co (創博) expects robust growth in its artificial intelligence (AI) controller business this year and next year, as partnerships across a range of robotics applications begin to bear fruit, chairman Clement Lin (林茂昌) said in an interview with the Taipei Times on Monday last week.NexCOBOT is a
CHOICES: The decision on rates would be Fed chief Kevin Warsh’s first test — whether he chooses to disappoint markets or risk angering the US president — an expert said
The US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation — and analysts said central bank chief Kevin Warsh’s credibility is on the line.The world’s largest economy has been deal
Anthropic PBC is in talks to bring Nvidia Corp as an anchor investor into what could be the largest initial public offering (IPO) in history, two people familiar with the matter said.Anthropic is seeking to raise as much as US$100 billion that could value the artificial intelligence (AI) start-up at
OpenAI will not go public this year, CEO Sam Altman said in remarks published on Saturday, citing safety concerns over artificial intelligence (AI) that render “unacceptable” even a 10 percent risk that AI could cause human extinction by decade’s end.The comments come as more US lawmakers urge new r
A customer buys pomeloes at a market in Nantou County yesterday. Local pomelo consumption picks up steam around the Mid-Autumn Festival, but Nantou County’s harvest this year is 30 percent less than the average of the previous years due to heavy rains last month, farmers said.
In Brick Lane, the historic heart of London’s Bangladeshi community, residents oppose plans for a data center in a disused brewery, citing the erosion of heritage and need for social housing.“This has really been the focal point of the British Bangladeshi community,” local councilor Faysal Ahmed tol
A new generation of mining projects targeting rare earth and critical minerals could transform Malawi’s economy — but experts warn of the Africa-wide challenges in turning resource wealth into broad-based prosperity.One of the world’s poorest countries, Malawi has long depended on agriculture, aid a
Senegalese engineers in hairnets and white gloves are carefully assembling a nanosatellite at a French lab — another step toward fostering their own space industry at home.Preparations are already under way for the building of satellites at a new headquarters for Sensat, Senegal’s national space pro
EQUAL SHARE: A row over Micron’s payouts coincides with a global debate about who deserves a cut of the sudden wealth generated by the artificial intelligence boom
Micron Technology Inc is to provide its engineers in Taiwan a cash bonus of NT$1 million (US$31,600) plus equity rewards, as the company’s local unions are demanding an additional payout to reflect their contribution to the chipmaker’s blowout profits.The Idaho-based chipmaker said in a statement ye
BEYOND TRADITION: The rise of digital assets is reshaping custodians from passive asset holders into trusted providers of digital market infrastructure, Standard Chartered said
Artificial intelligence (AI), real-time payments and digital assets are pushing corporate treasury management beyond traditional transaction processing, giving companies faster visibility over cash and liquidity while enabling more automated and programmable payments, Standard Chartered Bank said.Th
Cloud service management company eCloudvalley Digital Technology Co (伊雲谷) yesterday said that it expected the growing use of artificial intelligence (AI) agents among enterprises to fuel demand for cloud services, systems integration and long-term subscriptions as early adopters are entering the ful
Tax revenue surged last month as a stock market boom drove a sharp increase in securities transaction taxes, helping push government tax collections to a record pace in the first eight months of the year.Tax revenue rose 28.9 percent from a year earlier to NT$198.2 billion (US$6.26 billion) last mon
Fund managers wading back into South Korean memory makers’ stocks got a fresh gut check after DeepSeek’s latest artificial intelligence (AI) model raised doubts on the strength of demand.SK Hynix Inc and Samsung Electronics Co shares dipped 2.2 and 3.5 percent respectively yesterday, paring their na
Mediterranean black pigs roam among tourists at a beach on Atokos island on Thursday. Atokos, a private island located off the coast of western Greece, has gained popularity on social media for its population of free-roaming Mediterranean black pigs. The uninhabited island has become a popular stop
MILLIONAIRES’ MARKET: Banks and asset managers are racing to offer more private-market products to high-net-worth clients in Taiwan as their fortunes swell
UG Investment Advisers, a hedge fund overseeing US$3.7 billion, is targeting Taiwan’s wealthy as a new source of capital, betting on a surge in private fortunes fueled by the nation’s artificial intelligence (AI) boom.The Singapore-headquartered firm signed a deal with Taiwan’s E.Sun Commercial Bank
UNDER PRESSURE: Samsung taunted Apple with sarcastic posts on X during its launch, saying ‘reheating our leftovers,’ and ‘so far, so same’
Samsung Electronics Co launched a publicity campaign for its foldable phones, touting its hardware advantage and its early entry into the segment as it seeks to fend off a major challenge from Apple Inc.Apple on Wednesday unveiled the Duo, a folding US$1,999 iPhone aimed at shaking up a category lon
Acer Inc (宏碁) is cautiously maintaining inventories of key components, including solid-state drives, DRAM chips, central processing units, panels and batteries, to cushion the impact of rising prices, the PC brand said on Wednesday.While the company has seen demand growth for key components begin to
The manufacturing sector’s fixed-asset purchases, excluding land, increased for the second straight quarter, as firms in the advanced semiconductor processing, memory, packaging and testing, and artificial intelligence (AI) server segments continued to expand production, the Ministry of Economic Aff
Taiwan’s artificial intelligence (AI) boom is widening the divide across its industrial economy, with technology companies benefiting from surging global investment while steel and petrochemical producers struggle with Chinese overcapacity, geopolitical risks and growing trade barriers, Taiwan Ratin
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