South Korea's sovereign wealth fund, the Korea Wealth Fund, plans to boost bets on AI startups and venture capital funds as part of its efforts to increase exposure to emerging technologies like AI and disruptors. The fund aims to deepen its investments in these areas, with a focus on artificial intelligence.
https://news.bloomberglaw.com/private-equity/korea-wealth-fund-to-boost-bets-on-ai-startups-eyes-china-techThe Malaysian government is establishing a legal framework for artificial intelligence (AI) as it increasingly impacts various sectors, presenting new challenges. Minister of Digital Gobind Singh Deo has announced that the National AI Office will conduct a detailed study on AI, which will inform the government's approach to regulating the technology. The Ministry aims to identify areas requiring regulation and develop standards or guidelines for other sectors. Deputy Digital Minister Datuk Wilson Ugak Kumbong emphasized the need for specific legislation to combat AI-related crimes, including those resulting in losses of RM5 billion worldwide from 2020 to 2024. The government plans to introduce legislation this year to tighten control measures and outline penalties for AI misuse, particularly in cases like deepfake videos of high-ranking officials.
https://opengovasia.com/2025/07/01/malaysia-legal-framework-to-regulate-artificial-intelligence/Malaysia is not immune to the global trend of companies reevaluating their business models due to rising tariffs, advancements in artificial intelligence (AI), and the accelerating energy transition. Global corporations such as Goodyear are shutting down operations in Malaysia as part of a global cost-cutting strategy, while Astro Malaysia has introduced measures to streamline its operations. The country's electrical and electronics exports remain vulnerable to geopolitical headwinds, but friendshoring is on the rise, with Intel, Infineon, and Micron investing heavily in new chip facilities. Meanwhile, companies like Meta and Microsoft have laid off over 30,000 employees globally, including nearly 20,000 in Silicon Valley, as they shift focus towards AI and automation. The energy sector is also undergoing significant restructuring, with government-linked companies PETRONAS and Tenaga Nasional Bhd moving into renewables. As climate goals tighten, new jobs are emerging in solar, hydrogen, and EV charging, while phasing out others.
https://www.thestar.com.my/starpicks/2025/07/01/why-global-headwinds-are-pushing-firms-to-rethink-hiringMark Zuckerberg has outlined his vision for Meta's "Superintelligence" division in an internal memo, positioning the company to lead the field of artificial intelligence. The move is seen as a challenge to competitors, with Alon Yamin, CEO of Copyleaks, stating that Meta won't settle for second place in AI and views this as a make or break moment for leadership.
https://gizmodo.com/mark-zuckerberg-already-knows-your-life-now-he-wants-his-ai-to-run-it-2000622496The field of computer science is facing a significant shift due to the rapid advancement of generative artificial intelligence (AI). Professors at universities, including Thomas Cortina and Jeannette Wing, are planning a retreat to rethink what the school should be teaching to adapt to this change. The AI technology behind chatbots like ChatGPT is making inroads across academia, with big tech companies and startups introducing AI assistants that can generate code. Computer science programs are scrambling to understand the implications of this technological transformation, considering changes such as less emphasis on mastering programming languages and a greater focus on hybrid courses designed to inject computing into every profession. The National Science Foundation is funding a program to bring together educators and researchers to move toward a shared vision of AI education, with a focus on computational thinking and AI literacy. As the tech job market tightens, computer science graduates are finding it challenging to secure jobs, with many opting to expand their skill set by minoring in related fields like cybersecurity or security and intelligence studies.
https://www.thestar.com.my/tech/tech-news/2025/07/01/how-do-you-teach-computer-science-in-the-ai-eraThe Quad countries - India, the United States, Japan, and Australia - are streamlining their working groups to focus on key areas such as energy security, maritime security, artificial intelligence, semiconductors, undersea cables, digital connectivity, ports, and critical minerals supply chains. The vulnerability of power equipment supply chains, including transformers, switchgear, and smart meters, threatens the growth of AI and data centers, which rely on a reliable supply of electricity. China dominates global trade in electrical machinery and equipment, with significant market shares in power transformers, copper refining, and aluminum processing. To diversify and secure these supply chains, the Quad can offer anchor investor incentives to boost local manufacturing, establish co-manufacturing hubs in strategic geographies, and implement coordinated policy mechanisms to create a level playing field.
https://www.csis.org/analysis/no-ai-without-power-why-quad-must-secure-power-equipment-supply-chainsSantee is utilizing artificial intelligence (AI) technology to combat traffic infractions at a congested intersection on Mission Gorge Road in California, USA. The city's innovative approach involves deploying AI-powered cameras and sensors to monitor the intersection and detect instances of illegal turns and red-light running. By analyzing data from these systems, Santee aims to identify patterns and trends that can inform targeted enforcement efforts, ultimately reducing accidents and improving road safety.
https://www.cbs8.com/video/news/local/santee-uses-artificial-intelligence-system-to-combat-red-light-running/509-8b58bb5c-7317-49af-acb9-8a8693d95e0fThe US Senate has removed a provision from President Donald Trump's tax bill that would have limited state regulation of artificial intelligence, in a move seen as a victory for critics of big tech companies. The provision was part of a compromise proposal that collapsed, and senators voted 99-1 to strip it out, allowing states to regulate AI.
https://news.bloomberglaw.com/tech-and-telecom-law/senate-removes-tax-bill-provision-limiting-state-ai-regulationA critical gap in AI adoption exists due to the wide exposure surface, where nearly 18% of UK and US companies are not prepared for "AI data poisoning", a threat that can lead to data breaches, reputational harm, and regulatory fines. This vulnerability is exacerbated by data extraction attacks, biometrics, and deepfake attacks, estimated to cause up to $40 billion in losses by 2027.
https://www.techradar.com/pro/security/were-putting-our-money-where-our-mouth-is-cyxcel-reveals-its-one-stop-digital-risk-shop