Category: Technology

Business

Nscale Is Pitching $103 Billion in AI Contracts Ahead of an IPO — But One Number Could Decide Whether Investors Buy the Story

LONDON — Nscale is heading toward the public markets with a number designed to command attention: $103 billion in contracted revenue. The Nvidia-backed British AI infrastructure company has been telling prospective investors that its signed contracts now represent about $103 billion in potential future revenue, according to investor documents reviewed by The Information and subsequently reported by Reuters and CNA. A potential initial public offering could come as soon as September, although no

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Business

London’s First AI Robotaxis Are Finally Here—But There’s Still a Human Behind the Wheel

LONDON — The future of ride-hailing has arrived in London—but it is not completely driverless just yet. Uber has launched its first autonomous rides in the British capital using self-driving technology developed by UK-based artificial intelligence startup Wayve, marking a major step in the race to bring robotaxis to European cities. London becomes the second European city where Uber offers autonomous rides, following Zagreb. But there is an important catch: a licensed human operator will initi

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Singapore

Australia Banned Social Media for Under-16s — Yet 81.5% Still Use It. Singapore Is Choosing a Very Different Fight

SINGAPORE — Australia tried barring children under 16 from social media. Malaysia followed with mandatory age verification. Singapore is heading in another direction — and the experiment unfolding across all three countries is exposing just how difficult it is to keep young people safe online without creating an entirely new set of problems. Singapore is preparing legislation for early 2027 that would force social media platforms to provide stronger protections for teenage users, potentially in

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Business

TSMC Plans New Kaohsiung Hub as AI Chip Boom Sends Advanced Packaging Demand Soaring

Taiwan Semiconductor Manufacturing Co. (TSMC) is expanding its advanced-packaging footprint in Kaohsiung, planning a new facility at Baipu Industrial Park as artificial intelligence drives unprecedented demand for high-performance chips. The company plans to develop a 3-hectare site featuring two flexible buildings, small cleanrooms and laboratories for advanced-packaging testing, joint development and process research, TSMC Vice President of Advanced Packaging Technology and Service Jun He sai

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Business

Smart Glasses Are Going Mainstream — But the New Orleans Attack Exposed a Security Risk Few Saw Coming

Smart glasses are being marketed as the next step beyond smartphones: cameras that can see what users see, microphones that can hear their surroundings and increasingly powerful artificial intelligence available without ever reaching into a pocket. But as the technology races toward the mainstream, security researchers are asking a darker question: What happens when the same hands-free technology designed to make everyday life easier is adopted by violent extremists? That concern moved beyond

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Entertainment

HUNDREDS OF THOUSANDS OF X USERS TARGETED: U.S. DOJ Hunts Hackers Behind Massive Password-Recovery Attack

WASHINGTON — The U.S. Justice Department has joined forces with Elon Musk’s social-media platform X to track down cybercriminals behind an attempted attack targeting the password-recovery process of hundreds of thousands of X users. U.S. Attorney General Todd Blanche said Wednesday that “sophisticated cyber criminals” attempted to exploit X’s account-recovery system, but the platform disrupted the operation before it could succeed on the scale apparently intended. Authorities have not publicly

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Business

57 Indicted in Taiwan AI Romance Scam After More Than 20,000 People Allegedly Targeted

A sophisticated romance scam operation in Taiwan allegedly used fake dating profiles, fabricated relationships and AI voice-cloning technology to extract more than NT$900 million (about US$28.3 million) from victims, according to Taipei prosecutors. Prosecutors on Sept. 2 indicted 57 people over the alleged scheme, which they said targeted more than 20,000 people and operated since 2022. The case highlights how artificial intelligence is giving traditional “romance” or “pig-butchering” scams a

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Business

Google Expands Taiwan Footprint by 60% as AI Boom Drives Demand for Advanced Hardware

Google is expanding its office space in Taiwan by 60%, deepening its presence in one of the world’s most important semiconductor and hardware manufacturing hubs as demand for artificial-intelligence computing continues to surge. The expansion was revealed by Amin Vahdat, Google’s senior vice president and chief technologist for AI and infrastructure, during SEMICON Taiwan 2026 in Taipei. Vahdat said Google expects its Taiwan operations to continue growing, although the company did not disclose

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Business

Indonesia Returns to Trade Surplus in July as Exports Beat Expectations — But Imports Are Sending a Warning

Indonesia has returned to a trade surplus, but the latest figures reveal a much more complicated picture for Southeast Asia’s largest economy. Official data released by Statistics Indonesia showed the country recorded a US$121.9 million trade surplus in July 2026, reversing two consecutive months of deficits. The July result was also stronger than the US$200 million deficit economists had expected in a Reuters poll. The turnaround was driven by stronger exports, particularly shipments of commo

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Business

Micron Taiwan Workers Threaten Strike Over Bonuses as AI Chip Boom Sends Profits Soaring

Micron Technology is facing a growing labor dispute in Taiwan, where unions representing nearly 10,000 workers are moving toward possible strike action over the company’s bonus system and their share of record profits. The dispute comes at a critical moment for the U.S. memory-chip giant. Demand for memory used in artificial intelligence data centers has surged, tightening global supplies and helping drive exceptional profits across the semiconductor industry. Nearly 10,000 Workers Represente

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