AI-generated summary A senior executive at Taiwan Semiconductor Manufacturing Co. stated at the Nikkei Forum Global Management Dialogue 2026 that the company faces extremely high demand for chips used to power artificial intelligence. The remarks from the world's biggest contract chipmaker come as the organization continues to see strong market interest for its semiconductor manufacturing capabilities.
AI-generated summary Singapore-based Sea announced plans on Tuesday to enter the cloud services business. The company aims to tap growing demand driven by artificial intelligence while maintaining a cautious investment approach.
AI-generated summary Estimates show that DeepSeek and other artificial intelligence companies in China generate only about one-tenth of the combined revenue of OpenAI and Anthropic. Competition is pushing already low Chinese fees further down according to the estimates.
AI-generated summary Taiwan Semiconductor Manufacturing said its board approved investing up to $500 million in Anthropic at its initial public offering price and up to $500 million in OpenAI preferred stock. The board meeting also approved about $40.93 billion in capital appropriations and raised the quarterly cash dividend to NT$9.0 a share.
AI-generated summary Grab and SoftBank Group announced Monday that they will invest $1.85 billion in artificial intelligence infrastructure projects in Malaysia. The companies state that the projects, including data centers, will help them capture the growing digital demand in Southeast Asia.
AI-generated summary Siemens CEO Roland Busch stated that artificial intelligence will not replace people in the workplace. Workers who know how to use the technology will increasingly replace those who do not use it.
The top AI news in your email delivered each morning. Choose categories