NewsFeed

Malaysia Cracks Down on Nvidia Chip Exports

Malaysia plans to tighten regulations on semiconductors amid pressure from the US, which is concerned that high-end Nvidia chips are being diverted to China for AI development. Trade Minister Zafrul Aziz has confirmed that the US wants Malaysia to monitor every shipment of Nvidia chips entering the country to prevent them from being sent to China instead of their intended destination. The move comes as Malaysia investigates a Singapore fraud case involving transactions worth $390 million, which may have involved the transfer of banned US chips to Chinese firm DeepSeek.

https://channelnewsasia.com/asia/malaysia-tightens-semiconductors-regulation-us-pressure-nvidia-chips-5019731

March 23, 2025

Malaysia Data Centers Secure Record-Breaking Loans

Artificial intelligence advances are fueling a funding frenzy for data centers in Asia, with two major Asian data center operators securing record-breaking loans to expand their operations in Malaysia, a growing hub for the industry.

https://news.bloomberglaw.com/capital-markets/ai-boom-turns-asian-data-centers-into-magnets-for-loan-deals

March 23, 2025

Meta Accused of Enabling China's Surveillance State

Meta's former employee, Wynn-Williams, accused the company of enabling human rights violations in Asia and granting China surveillance power over Facebook users. She claimed that Meta provided briefings to CCP officials on new technologies like artificial intelligence and developed bespoke censorship tools with the Chinese Communist Party (CCP). Additionally, she alleged that Meta uses ads targeted towards teens based on their emotional state and is proud of this practice. Wynn-Williams also suggested her 2017 firing was retaliatory after she raised concerns about Joel Kaplan's behavior.

https://www.dailymail.co.uk/media/article-14531345/mark-zuckerberg-meta-tell-sarah-wynn-williams.html

March 23, 2025

Meta Invests $65 Billion in AI Expansion Plans

Meta, led by CEO Mark Zuckerberg, plans to invest up to $65 billion in AI initiatives this year, including a massive data centre and expansion of its AI workforce. The company has also developed its own custom AI chips, such as Warboy and Renegade (RNGD), which have been tested with LG AI Research and Aramco. Meanwhile, startup FuriosaAI is seeking $48 million in funding to further develop its own AI chips, aiming to compete with NVIDIA.

https://www.firstpost.com/tech/furiosaai-rejects-metas-800-mn-bid-as-south-korean-firm-gears-up-to-challenge-nvidia-13874107.html

March 23, 2025

Moovila Wins Innovative Vendor of the Year Award

Moovila, a leading AI-driven project automation platform, has been named Innovative Vendor of the Year at the 2025 North America Spotlight Awards by the Global Technology Industry Association (GTIA). The recognition highlights Moovila's advancements in AI-powered project management and its commitment to helping IT service providers optimize efficiency, reduce risk, and enhance collaboration. According to Mike Psenka, president and CEO of Moovila, the award underscores the company's dedication to providing intelligent automation solutions that help service providers deliver projects with greater precision and confidence.

https://www.prnewswire.com/news-releases/moovila-wins-2025-gtia-innovative-vendor-award-for-impactful-industry-advancements-302409219.html

March 23, 2025

Most Advertisers Struggle with AI Integration Efforts

The IAB's "State of Data" report highlights that despite acknowledging AI's potential, a significant majority of agencies, brands, and publishers have not fully integrated AI into their campaigns. The study found that 70% of these entities are still in the early stages of adopting AI in advertising, with challenges to adoption including technical difficulties and concerns over data quality.

https://www.searchenginejournal.com/70-of-media-companies-not-fully-using-ai-iab-report-finds/542811/

March 23, 2025

Myhrvold Sees Miracles Needed for Human-Level AI

Former Microsoft CTO Nathan Myhrvold believes that achieving human-level intelligence in AI requires a few "miracles". He stated this at the Microsoft@50 event in Seattle, highlighting that while AI has made significant progress, it still lacks the ability to generate new abstract concepts and reason autonomously.

https://indiatoday.in/technology/news/story/we-are-few-miracles-away-from-ai-as-powerful-and-intelligence-as-humans-says-former-microsoft-cto-2698059-2025-03-24

March 23, 2025

Nimbusnext's Yavi Simplifies AI Adoption for SMBs

Nimbusnext Inc.'s Yavi platform aims to simplify AI adoption for small and medium businesses by eliminating technical barriers, integrating data from multiple sources, and providing a no-code editor for building Agents and RAG-based applications. The platform is built on Microsoft Azure and is fully compliant with SOC2 and GDPR standards, ensuring enterprise-level security and scalability. Early adopters, such as SoftTech Engineers Ltd., have seen significant benefits from using Yavi, including accelerated integration of Generative AI into their CIVIT product suite, enabling the development of intelligent digital environments, virtual collaboration, and decision-making capabilities.

https://www.prnewswire.com/news-releases/nimbusnext-inc-launches-yavi-a-no-code-ai-platform-empowering-small-and-medium-businesses-with-enterprise-grade-ai-302409227.html

OpenAI Names Brad Lightcap as COO

OpenAI has appointed Brad Lightcap as its Chief Operating Officer, tasked with overseeing global expansion and corporate partnerships. The company is partnering with SoftBank Group and Oracle to establish a network of data centers under the $500-billion Stargate project, aimed at powering artificial intelligence workloads. OpenAI's co-founder Sam Altman also expanded the role of Chief Research Officer Mark Chen, who will integrate research and product development.

https://channelnewsasia.com/business/openai-coo-lead-global-growth-push-expanded-role-altman-says-5021196