newsmart – Latest News

businessinsider.com | 25 min. ago NEW

The AI trade is roaring back in South Korea, where the profits are getting harder to ignore

South Korean stocks surged as SK Hynix's record profits fueled the AI trade, following months of volatility and concerns over massive AI spending.

thehindu.com | 39 min. ago NEW

OpenAI plans to buy Google's AI chips: Report

OpenAI in June unveiled its first custom AI chip designed with Broadcom, and said ‌it planned to deploy the processor by the end of this year

thehindu.com | 1 hrs. 16 min. ago

Apple launches M6 MacBook Pro and iMac, pitches faster on-device AI

Apple said the M6 MacBook Pro delivers up to 30% faster graphics ‌and up to 25% ​faster AI performance than its M5 predecessor

aljazeera.com | 1 hrs. 32 min. ago

Global stock markets rise as investors continue to bet on AI

Asian stock markets rise, following gains on Wall Street.

koreatimes.co.kr | 1 hrs. 50 min. ago

KRX activates buy-side sidecar for KOSPI on sharp rise

Korea's bourse operator on Wednesday activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the stock index rose sharply. Program trading for the KOSPI-listed shares was suspended for five minutes at 9:53 a.m., according to the Korea Exchange (KRX). After opening 2.23 percent higher, the KOSPI added 255.92 points, or 4.54 percent, to 5,894.26 as of 9:55 a.m.

The index rallied as strong artificial intelligence (AI)-driven semiconductor earnings lifted investor sentiment ahead of the Federal Reserve's interest rate decision. Before the opening bell, SK hynix Inc. reported record-high revenue and operating profit for the third quarter, driven by robust memory chip demand, and announced a shareholder return program worth more than 100 trillion won ($75.3 billion) for 2026. A buy-side sidecar is triggered when the KOSPI 200 Futures Index rises 5 percent or more for at least one minute.

mirror.co.uk | 1 hrs. 51 min. ago

AI robots 'hijacked Government consultation on laws to curb vape sales'

Researchers said AI robots accounted for more than three quarters of responses to a Government consultation on plans to restrict the sale of disposable vapes

scmp.com | 2 hrs. 50 min. ago

Chinese circuit board firm Dongshan Precision plunges at Hong Kong debut

Suzhou Dongshan Precision Manufacturing Co. slumped in its Hong Kong trading debut after an underwhelming HK$9.9 billion (US$1.26 billion) initial public offering (IPO), as investor sentiment was haunted by the deepening sell-off across China’s artificial intelligence (AI) and tech hardware sectors. Shares of the circuit-board manufacturer, a key supplier of components for AI servers, dropped as much as 6 per cent after its debut in Hong Kong market on Wednesday.

It bounced back slightly with a...

koreatimes.co.kr | 3 hrs. 10 min. ago

State arms agency completes development of homegrown Marine attack helicopter

Korea has completed the development of a homegrown Marine Attack Helicopter (MAH) fitted with a range of weapons systems, including air-to-ground missiles, for multidimensional amphibious operations, the state arms procurement agency said Wednesday. The attack helicopters are built on a Marine variant of the KUH-1 Surion helicopter, known as the MUH-1 Marineon, with new added features and weapons systems to counter attacks from enemy choppers and drones, according to the Defense Acquisition Program Administration (DAPA).

DAPA launched a 450 billion-won ($337 millon) project to develop the homegrown MAH in 2022. Since then, it has completed a number of test flights and weapons tests, including live-fire tests involving turret-mounted machine guns, air-to-ground missiles, and guided and unguided rockets. It passed a full combat suitability evaluation in July and received airworthiness certification in August, guaranteeing the plane's suitability for safe flight.

When deployed, the MAH system is expected to expand the Marines' amphibious operations not only on the ground, but also in the ai

koreatimes.co.kr | 4 hrs. ago

Seoul stocks open sharply higher on revived AI optimism, SK hynix earnings

Korean stocks opened sharply higher Wednesday, tracking overnight gains on Wall Street, as strong artificial intelligence (AI)-driven semiconductor earnings lifted investor sentiment ahead of the Federal Reserve's interest rate decision. The benchmark Korea Composite Stock Price Index (KOSPI) rose 183.73 points, or 3.26 percent, to 5,822.07 as of 9:15 a.m., extending its rally after surging more than 3 percent in the previous session.

Overnight, U.S. stocks extended their gains, led by a rally in AI-related technology shares. The tech-heavy Nasdaq Composite climbed 1.18 percent, while the Philadelphia Semiconductor Index jumped 3.6 percent, providing a positive note for Korean chipmakers. Before the opening bell, SK hynix reported a 631 percent spike in third-quarter operating profit at 83.33 trillion won ($62.78 billion), with sales soaring 327.9 percent to 104.61 trillion won on robust demand for AI memory chips.

The world's second-largest memory chip maker also announced an additional 60 trillion won in shareholder returns. Meanwhile, investors remained cautious ahead of the Federal Re

smh.com.au | 5 hrs. 13 min. ago

AI-generated attack ad shows James Talarico defacing a Bible

An AI-generated ad from Texas Republican Ken Paxton shows his opponent James Talarico defacing a Bible.

smh.com.au | 5 hrs. 13 min. ago

AI ad depicts politician dancing with drag queen

An AI-generated ad released by North Carolina Republicans depict a Democratic candidate slow dancing with a drag queen.

economist.com | 5 hrs. 17 min. ago

In an AI blow-up, would insurance pay out?

Credit default swaps are back in vogue amid fears of a debt disaster

dailymail.com | 5 hrs. 18 min. ago

Facebook owner Meta accused of 'digital piracy' over plans to 'steal' British publishers' content to improve its AI models, as calls grow for UK competition watchdog to intervene

The Silicon Valley giant has been warned its sweeping changes could help kill off 'trusted journalism' and replace it with a 'cesspit' of online misinformation.

arstechnica.com | 5 hrs. 26 min. ago

Anthropic IPO warns its AI could blackmail people, become sentient, end humanity

Seven potential AI nightmares pulled from Anthropic's 93-page "Risk Factor" tome.

arstechnica.com | 5 hrs. 26 min. ago

"No human at the helm": Delaware plan would let AI agents run entire businesses

Owners of AI-run firms would evade liability for "reckless" AI, US Rep. Comer says.

theguardian.com | 6 hrs. 13 min. ago

AI bots flooded 2023 UK government consultation on disposable vapes ban

Three-quarters of all responses were machine-generated in failed attempt to stop bill from passing into law, research findsAI bots flooded a government consultation with tens of thousands of fake responses in a failed attempt to stop the UK’s ban on disposable vapes.Three-quarters of all the responses to the 2023 consultation on the tobacco and vapes bill were machine-generated, in what is thought to be the first coordinated attempt to use AI to derail health policymaking in the UK.

Continue reading...

marketwatch.com | 6 hrs. 26 min. ago

CoreWeave and other AI stocks rise as Anthropic restores the market’s faith in sustained spending

Now that investors have been able to dive further into Anthropic’s IPO filing, they’re seeing the same sorts of trends that helped buoy AI stocks for much of this year.

smh.com.au | 6 hrs. 57 min. ago

ASX set to edge up ahead of inflation data, AI stocks drive Wall Street higher; Boeing tumbles

Stocks in the artificial-intelligence industry are leading Wall Street mostly higher as their yo-yo moves swing back upward.

businessinsider.com | 7 hrs. 57 min. ago

Amazon tells software engineers what really matters as AI ushers in the era of the 'Renaissance Developer'

Amazon's new software engineering guidelines warn against chasing AI usage metrics and emphasize business results over token consumption.

thehill.com | 8 hrs. 24 min. ago

DCCC pushes for ads targeting GOP on AI, data centers in dozens of key House races

The Democratic Congressional Campaign Committee (DCCC) is pushing for advertising targeting Republican candidates over their record on AI and data centers in dozens of key House races, as technology-related issues take on new significance in the midterm elections. In a report shared first with The Hill, the Tech Oversight Project noted that House Democrats' official...

nypost.com | 8 hrs. 57 min. ago

Crooks are ripping off huge shipments of pricey AI equipment – $100M in heists since June: report

The burgeoning illicit activity comes as companies pour billions of dollars into efforts to quickly erect data centers that can power AI.

businessinsider.com | 9 hrs. 33 min. ago

Tech titans face a balancing act of AI optimism and capex restraint heading into Q3 earnings

A trio of tech titans worth $10 trillion will report earnings this week, and investors are looking for the best of both worlds when it comes to AI capex.

abc.net.au | 10 hrs. ago

How Australian publishers tell if a book has been written by AI

Australian writers and publishers are calling for the government to intervene in the industry's "existential crisis" over the rise of artificial intelligence.

thehindu.com | 10 hrs. 21 min. ago

U.P. approves robotics park and AI hub in Greater Noida

Project estimated to generate more than 1 lakh jobs and add ₹2,000 crore annually to the State’s economy

euronews.com | 10 hrs. 30 min. ago

Australia warns of ‘unprecedented’ AI-powered cyberattacks. Here’s what’s driving them

The country’s cyber security agency says AI is helping criminals and state-backed hackers exploit vulnerabilities faster, as recent incidents expose risks to government systems and critical infrastructure.

businessinsider.com | 10 hrs. 39 min. ago

'Tactical short-term entry, long-term wait-and-see': What retail investors are saying about buying Anthropic on day one

Retail investors are split on whether to invest in Anthropic's IPO, with some raising concerns about its business and a shakier AI trade.