News
US data centre boom slows due to power grid limits — WoodMac
8+ hour, 2+ min ago (251+ words) (March 16): US data centre development has slowed because the power grid is reaching its limit to accommodate more large facilities, according to research from energy consultancy Wood Mackenzie. Developers added data centres that would consume about 25GW of electricity to their…...
Alibaba planning major revamp to heighten focus on AI profits
14+ hour, 40+ min ago (304+ words) (March 16): Alibaba Group Holding Ltd is setting up a business unit to bring its sprawling AI services and development endeavours under a single umbrella, signalling its determination to profit off artificial intelligence. Alibaba didn't say whether it will earmark new…...
Musk’s xAI hiring credit experts, bankers to teach Grok finance
8+ hour, 43+ min ago (268+ words) (March 16): Elon Musk's artificial intelligence start-up xAI is looking to hire bankers and private credit lenders to make its Grok chatbot better at finance strategy, joining rival AI firms in pushing software for investing professionals. The company is also hiring…...
Asia’s DayOne Data Centers said to near confidential filing for US IPO — Bloomberg
8+ hour, 42+ min ago (258+ words) (March 16): DayOne Data Centers Ltd is close to filing confidentially for an initial public offering in the US, people familiar with the matter said, paving the way for another multibillion-dollar deal in an industry riding the artificial intelligence boom. The…...
Nvidia partner Hon Hai sees AI growth in 2026 after profit miss
12+ hour, 48+ min ago (229+ words) (March 16):Hon Hai Precision Industry Cois projecting strong sales growth in 2026 after posting disappointing quarterly earnings, seeking to dispel concerns about demand for the Nvidia Corp-powered servers that underpin artificial intelligence (AI)data centres. The Nvidia partner's AI server business…...
Meta to spend up to US$27 bil on AI infrastructure from Nebius
9+ hour, 45+ min ago (341+ words) (March 16): Meta Platforms Inc will pay as much as US$27 billion (RM106.19 billion) over the next five years for access to cutting-edge artificial intelligence infrastructure from cloud provider Nebius Group NV as it spends aggressively to compete with the industry's top…...
China’s No 2 chipmaker preparing 7nm production as Beijing ramps up self-sufficiency drive, Reuters reports
10+ hour, 13+ min ago (532+ words) SINGAPORE (March 16): China's Hua Hong Group has developed advanced chip manufacturing technologies that can be used to produce artificial intelligence (AI) chips, four people familiar with the matter said, a major milestone in Beijing's efforts to boost tech self-sufficiency. The…...
SkyeChip, XPeng to receive Arm CSS tokens, say sources; economy ministry eyes March signing
13+ hour, 24+ min ago (1274+ words) This article first appeared in The Edge Malaysia Weekly on March 9, 2026 - March 15, 2026 PENANG-based chip design house SkyeChip Bhd and Chinese automaker XPeng are on the verge of obtaining access tokens to Arm Holdings plc's Compute Subsystems (CSS), according to sources....
Malaysia strengthening AI, semiconductor capabilities to safeguard technological sovereignty
16+ hour, 12+ min ago (329+ words) PUTRAJAYA (March 16): Malaysia is continuing to strengthen its domestic technological capabilities through the development of artificial intelligence (AI), semiconductors, digital technology and a stronger innovation ecosystem to ensure strategic control over technologies that will underpin the future economy. Minister of…...
Musk says Tesla's mega AI chip fab project to launch in seven days
2+ day, 4+ hour ago (236+ words) BENGALURU (March 14): Tesla'chief executive officer Elon Musk said on Saturday that the company's Terafab project to make artificial intelligence (AI) chips will launch in seven days. Musk had'said'last year that'Tesla'probably will have to build "a gigantic chip fab" to make…...