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The Edge Malaysia is Malaysia's leading financial news organisation, committed to reporting the truth with independence and integrity. Our flagship publication, The Edge, provides authoritative and analytical content on corporate, investment, and economic issues, as well as news on real estate, digital technology, and
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News
Huawei lifted prices for its best AI chip by 60% this summer
2+ day, 20+ hour ago (163+ words) (Sept 10): Huawei Technologies Co has notified some clients that it’s significantly increasing the prices of its most advanced AI accelerators, reflecting how demand is rapidly outstripping supply during the data centre boom. Huawei’s decision underscores growing demand for a Chinese…...
Bessent warns ‘nothing would matter’ if China wins the AI race
4+ day, 15+ min ago (338+ words) (Sept 9): US Treasury Secretary Scott Bessent warned that the US faces dire consequences if it loses out in the AI race with China, highlighting the angst in Washington about its rival’s tech advances. “There is no day after tomorrow if…...
ByteDance gets US$30 bil loan, Asia’s second-largest this year — Bloomberg
1+ week, 3+ day ago (377+ words) (Sept 3): ByteDance Ltd, the developer of TikTok, has secured a US$29.6 billion (RM119.59 billion) loan, according to people familiar with the matter, in Asia’s second-largest dollar-denominated borrowing this year. The Chinese tech giant, which is on the forefront of developing artificial…...
Tencent-backed Enflame’s IPO draws 4,073 times retail demand
1+ week, 3+ day ago (244+ words) (Aug 2): The initial public offering of Shanghai Enflame Technology Co, a company backed by Tencent Holdings Ltd, drew strong demand from retail investors as the last of the so-called “four little dragons” of leading Chinese artificial intelligence chipmakers taps the…...
China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing — Reuters
2+ week, 3+ day ago (546+ words) BEIJING/SINGAPORE (Aug 26): China's Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon and Alphabet's Google that would allow the US cloud giants to host its blockbuster Kimi K3 model, three people familiar with the talks said. Any deal could mark…...
Huawei courts Egypt with AI chips in test of US tech diplomacy — Bloomberg
2+ week, 3+ day ago (837+ words) (Aug 26): Huawei Technologies Co has pitched the Egyptian government on building AI data centres for military, surveillance and other public sector use, demonstrating its global chip ambitions and drawing alarm in Washington — where officials are working to assemble a counteroffer....
Ajinomoto's 1Q profit slides as weaker US dollar weighs on revenue
2+ week, 5+ day ago (364+ words) KUALA LUMPUR (Aug 24): Ajinomoto (Malaysia) Bhd (KL:AJI) on Monday reported a 3.9% decline in quarterly net profit amid a marginal fall in revenue. Net profit for its first quarter ended June 30, 2026 (1QFY2027) stood at RM23.23 million, down from RM24.17 million a year earlier,…...
Temu-owner PDD revenue misses estimates, profit falls on China rivalry
2+ week, 5+ day ago (377+ words) (Aug 24): Chinese e-commerce discounter PDD Holdings reported an 8% rise in second-quarter revenue on Monday that missed market estimates as fierce competition in China and mounting regulatory pressures overseas weighed on growth. The operator of Pinduoduo in China and Temu internationally…...
Alibaba stock slumps in Hong Kong after US$10.2 bil share placement to fund AI
2+ week, 6+ day ago (272+ words) SHANGHAI/HONG KONG (Aug 24): The Hong Kong-listed shares of Alibaba slumped on Monday after the Chinese e-commerce and cloud computing company launched a US$10.2 billion share placement, as investors worried about payback from its massive AI spending. Alibaba said on…...
Shein’s purchase of Everlane faces US national security review — Bloomberg
2+ week, 6+ day ago (635+ words) (Aug 24): US authorities are conducting a national security review of Shein Global Holdings Ltd’s purchase of American clothing retailer Everlane after Shein sought approval for the deal, people familiar with the matter said, adding to a growing list of regulatory…...