Category: Technology

Politics

India’s New “Sher” Rifle Marks a Major Defence Shift — But There’s a Catch

India has reached a significant milestone in its push to reduce dependence on imported military equipment: the first AK-203 “Sher” assault rifle made entirely with Indian-sourced components and input materials has been produced and test-fired at the Korwa facility in Amethi, Uttar Pradesh. The achievement is being promoted as a major step in Prime Minister Narendra Modi’s “Make in India” and Atmanirbhar Bharat (self-reliant India) defence drive. But there is an important distinction: while the

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Business

China’s Military AI Faces a Critical Gap — Researchers Say Its “Attack Chain” Still Trails Foreign Models

China is rapidly pushing artificial intelligence into its military, but researchers inside the country say the People’s Liberation Army’s AI capabilities still face a major weakness: its systems have yet to match foreign models in performance, particularly when it comes to offensive combat applications. A study by researchers affiliated with the Armed Police Force Shandong Corps and the Engineering University of the People’s Armed Police, published in China’s Defence Industry Conversion, says m

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Singapore

Singapore’s Green Flight Charge Is Coming in 2027 — Here’s How Much Passengers Could Pay

Singapore is moving ahead with a new Sustainable Aviation Fuel (SAF) levy that will add a separate charge to air tickets for passengers departing the country from January 2027, as the city-state pushes to cut aviation emissions while building a regional SAF industry. The Civil Aviation Authority of Singapore (CAAS) confirmed on September 3 that the levy will apply to origin-destination passengers and general and business aviation flights departing Singapore from January 1, 2027. Tickets and ser

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Entertainment

Nvidia Is Buying Hugging Face for $12.93 Billion — But the Real Prize May Be Bigger Than AI Chips

Nvidia has agreed to acquire Hugging Face for $12.93 billion, putting one of the world’s most important open-AI platforms under the control of the company that already dominates the hardware powering the artificial intelligence boom. But this deal is about much more than buying another AI company. For Nvidia, Hugging Face could become something even more strategically valuable: a gateway to millions of developers building the next generation of artificial intelligence — at exactly the moment s

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Business

Snowsflake Shares Surge 24% As AI Demand Powers Growth

Snowflake is suddenly looking like one of the biggest beneficiaries of the enterprise artificial intelligence boom. Shares of the cloud data platform provider surged more than 20% in extended trading Wednesday and jumped about 24% before the market opened Thursday after Snowflake delivered stronger-than-expected quarterly results and raised its full-year revenue outlook. The reaction came as investors saw evidence that growing demand for artificial intelligence is not only creating new busines

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Business

Moonshot AI Quietly Files for Hong Kong IPO — But Its $3 Billion Target Is Only Part of the Kimi Story

HONG KONG — Chinese artificial intelligence startup Moonshot AI, the company behind the increasingly prominent Kimi AI platform, has reportedly taken one of its biggest steps yet toward the public markets, confidentially filing for an initial public offering in Hong Kong that could raise around US$3 billion. Three people familiar with the plans told Reuters that Moonshot had submitted the confidential filing, while one source said the company was targeting roughly $3 billion from the offering.

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Business

Thomson Reuters Hit by Cybersecurity Breach Affecting Court Records in 11 U.S. States and Canada—Here’s What May Have Been Exposed

A cybersecurity incident involving a Thomson Reuters court-management platform has raised fresh concerns over the security of sensitive digital court records after an unauthorized party accessed files connected to court systems across the United States and Canada. Thomson Reuters said its C-Track case management platform was affected by unauthorized activity that was detected on June 30, 2026. The company's subsequent investigation determined that an unauthorized party had obtained certain C-Tr

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Business

ByteDance Lands Nearly $30 Billion Loan—But What’s Really Driving the TikTok Owner’s Massive Funding Push?

ByteDance, the Chinese technology giant behind TikTok, has reportedly secured a $29.6 billion loan after banks showed unexpectedly strong demand for the massive financing package—raising fresh questions about how aggressively the company is preparing to expand its artificial intelligence operations. The financing, reported by Bloomberg and cited by Reuters and Channel NewsAsia, was significantly larger than the $20 billion facility ByteDance initially sought. According to people familiar with t

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Technology

TAIWAN ENTERS THE QUANTUM RACE AS NEXT-GENERATION COMPUTING TAKES CENTER STAGE

Taiwan is positioning itself for the next major computing revolution as quantum technology takes a prominent role at SEMICON Taiwan 2026. The Taipei Times highlighted a 64-qubit superconducting quantum computer displayed by Fujitsu at the semiconductor exhibition in Taipei, underscoring how the industry is moving beyond conventional silicon computing toward quantum systems. The timing is significant. SEMICON Taiwan 2026 has established a dedicated Quantum Technology Zone featuring superconduct

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Business

ASIA’S AI BOOM IS HIDING A BIGGER ECONOMIC PROBLEM — THE WARNING SIGNS ARE ALREADY SHOWING

Asia is riding one of the biggest technology investment waves in years, with artificial intelligence driving unprecedented demand for semiconductors, data centers and advanced electronics. But beneath the spectacular growth in AI-related industries, economists are warning that parts of the region’s traditional economy remain considerably weaker than the headline numbers suggest. The concern is becoming increasingly visible across major Asian economies: AI-linked exports are booming while domes

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