‘You buy more picks and shovels because you keep hitting gold’: Why AI spending needs to see results

The Business Times - Oct 26, 2026

Having viable use cases and tangible improvements in productivity is crucial for the current AI boom to sustain, say analysts

Read full article

More News

Standard Chartered-led Anchorpoint plans retail stablecoin as HSBC RedCoin launches

Oct 25, 2026

Standard Chartered-led Anchorpoint plans retail stablecoin as HSBC RedCoin launches

After HSBC RedCoin launched on Friday, Anchorpoint – the stablecoin-issuing joint venture led by Standard Chartered – said it plans to launch a retail product on a public blockchain, even as it takes a “prudent approach”. “Our next major milestone is to [help] bring regulated digital money into everyday payments and commercial applications, while connecting traditional payment infrastructure with this emerging digital finance,” said Dominic Maffei, CEO of Anchorpoint. “This is a public...

Samsung teases another foldable for 29 October event

Oct 25, 2026

Samsung teases another foldable for 29 October event

Samsung may have another foldable up its sleeve this year, with a teaser image hinting at a device set to launch this week.

Why cloud computing pioneer Wang Jian thinks space is the next AI frontier

Oct 25, 2026

Why cloud computing pioneer Wang Jian thinks space is the next AI frontier

Long before artificial intelligence became the next big thing in the tech industry, Wang Jian was crafting the foundational infrastructure that would eventually power it. In 2008, he joined Alibaba Group Holding – owner of the South China Morning Post – as chief architect and founded Alibaba Cloud in 2009, convincing the company’s leadership to invest heavily in building a cloud computing infrastructure from scratch. Today, Wang’s purview has expanded considerably. As an academician at the...

Why cloud computing pioneer Wang Jian thinks space is the next AI frontier

Oct 25, 2026

Why cloud computing pioneer Wang Jian thinks space is the next AI frontier

Long before artificial intelligence became the next big thing in the tech industry, Wang Jian was crafting the foundational infrastructure that would eventually power it. In 2008, he joined Alibaba Group Holding – owner of the South China Morning Post – as chief architect and founded Alibaba Cloud in 2009, convincing the company’s leadership to invest heavily in building a cloud computing infrastructure from scratch. Today, Wang’s purview has expanded considerably. As an academician at the...

China’s tech giants are paying 1 million yuan for a new kind of AI engineer

Oct 25, 2026

China’s tech giants are paying 1 million yuan for a new kind of AI engineer

Chinese technology giants are dangling annual pay packages approaching 1 million yuan (US$149,739) to attract artificial intelligence engineers who can turn AI models into commercial applications. Companies including ByteDance, Tencent Holdings and Alibaba Group Holding are stepping up recruitment and training of the so-called forward-deployed engineers (FDEs), who work directly with customers to develop and integrate AI applications into business operations. Demand for such professionals has...

Ubisoft Singapore lays off 70 staff as studio downsizes

Oct 25, 2026

Ubisoft Singapore lays off 70 staff as studio downsizes

The cuts affect around one-fifth of the studio’s local workforce, with Ubisoft saying its Singapore operation remains an important part of its global production organisation.

Mercedes-Benz’s new three-row all-electric GLB arrives for families with a need for space

Oct 24, 2026

Mercedes-Benz’s new three-row all-electric GLB arrives for families with a need for space

The new electric GLB consists of two models and has a claimed WLTP range of up to 674km.

Grab deals, freebies and prizes as you upgrade your ride at The Car Expo 2026

Oct 24, 2026

Grab deals, freebies and prizes as you upgrade your ride at The Car Expo 2026

From the latest electric vehicles and hybrids to exclusive car deals and cash prizes, The Car Expo 2026 offers plenty of reasons to head down to Singapore EXPO this weekend.

China’s AI compute surge heavily reliant on US chips, offshore cloud access: report

Oct 24, 2026

China’s AI compute surge heavily reliant on US chips, offshore cloud access: report

China’s access to artificial intelligence computing power will double next year, but US-designed chips will account for about 65 per cent of that capacity, an indication of its continued reliance on foreign hardware, according to new research. Total compute available to Chinese entities was expected to expand in 2027 from about 4.6 million to 8.8 million “H100-equivalents” – a metric benchmarked against Nvidia’s data-centre graphics processing units, according to a report by the Washington-based...

Apple updates the Apple TV 4K with A19 chip, new Siri Remote, and higher price tag

Oct 24, 2026

Apple updates the Apple TV 4K with A19 chip, new Siri Remote, and higher price tag

Apple’s digital media streaming box gets a more powerful chip, support for Siri AI, and a new remote with some nifty features, and a higher price tag.

Xiaomi Vision Gran Turismo is coming to Gran Turismo 7 this October

Oct 23, 2026

Xiaomi Vision Gran Turismo is coming to Gran Turismo 7 this October

Xiaomi’s wind-sculpted concept car will arrive alongside the PlayStation-exclusive game’s EV Experience mode.

Riot Games unveils VCT Pacific partnered teams for 2027

Oct 23, 2026

Riot Games unveils VCT Pacific partnered teams for 2027

MANILA, Philippines – VALORANT Champions Tour (VCT) Pacific 2027 has unveiled the eight organizations that will each represent a region as a partnered team.  The list includes Crazy Raccoon, FULL SENSE, GAM Esports, Gen.G, Paper Rex, Rex Regum Qeon (RRQ), T1, and ZETA DIVISION, combining returning organizations with new additions to the league’s partnership program.

Recommended