Xiaomi Q2 Revenue Rises 30.5% on Strong Smartphone Shipments
Xiaomi Q2 2025 revenue jumped 30.5% to 116B yuan, driven by strong smartphone sales in Southeast Asia and growing EV deliveries.
OpenAI Launches ChatGPT Go at $4.6 in India, Its Cheapest Subscription Plan Yet
OpenAI launches ChatGPT Go in India at just ₹399 ($4.6) per month, its cheapest plan yet. Discover features, pricing, and why India is key to OpenAI’s growth.
Thailand to Launch Crypto-to-Baht Conversion for Foreign Tourists
Thailand will launch a crypto-to-baht conversion system for foreign tourists in 2025, allowing digital wallet payments at local businesses.
OpenAI Staff Plan $6 Billion Share Sale to SoftBank and Other Investors
OpenAI staff plan a \$6B share sale to SoftBank, Thrive, and Dragoneer, pushing valuation to \$500B as ChatGPT drives record revenue growth.
Accenture to Acquire Australian Cybersecurity Firm CyberCX in $650 Million Deal
Accenture announces its largest-ever cybersecurity acquisition, agreeing to buy Australian firm CyberCX for over A$1 billion ($650 million) amid a surge in cyber threats targeting businesses in Australia and globally.
Powerful New AI Models Trigger Selloff in European Adopter Stocks
European AI adopter stocks like SAP, Dassault Systèmes, Sage, and Capgemini tumble as new AI models from OpenAI and Anthropic raise disruption fears. Analysts warn of risks to business models and valuations.
China Exposure and Policy Risks Hit Applied Materials’ Q4 Outlook, Shares Drop Over 14%
Applied Materials’ stock plunges 14.23% after weak Q4 guidance highlights heavy China exposure and U.S. export restrictions. Analysts see long-term potential despite near-term headwinds.
Google to Invest $9 Billion in AI and Cloud Infrastructure Expansion in Oklahoma
Google is investing $9 billion in Oklahoma to build AI and cloud infrastructure, including new data centres in Stillwater and Pryor, plus $1 billion for AI education programs.
Meta AI Policy Document Allowed Romantic Chatbot Conversations with Children, Reuters Finds
A leaked Meta AI policy document allowed chatbots to flirt with children, give false medical advice, and help make racist arguments. Meta says it is revising the rules after a Reuters investigation.
Equinix Strikes Multiple Advanced Nuclear Energy Deals to Power Data Centres
Equinix signs multiple advanced nuclear energy deals, securing over 1GW of power for data centers with Oklo, Radiant Nuclear, ULC-Energy, Stellaria, and Bloom Energy fuel cells.
