AI - Asia Tech Wire

08:23

                            Market news: Salesforce (CRM.N) cut 1,000 jobs while increasing its recruitment of sales staff focusing on artificial intelligence.
                        
06:42

                            According to Japan's Yomiuri Shimbun: Japanese Prime Minister Shigeru Ishiba will announce cooperation between Japan and the United States in artificial intelligence (AI).
                        
05:18

                            NXP Semiconductors (NXPI.O) had a net profit of US$495 million in Q4 2024, compared with market expectations of US$654 million and US$697 million in the same period last year.
                        
05:18

                            NXP Semiconductors (NXPI.O) expects first-quarter revenue of $2.725 billion to $2.925 billion, below market expectations of $2.892 billion.
                        
05:17

                            NXP Semiconductors (NXPI.O) stocks in the U.S. market rebounded after a short-term decline and are now up 2.57%.
                        
05:17

                            NXP Semiconductors (NXPI.O) had revenue of US$3.11 billion in the fourth quarter of 2024, compared with market expectations of US$3.38 billion and US$3.42 billion in the same period last year.
                        
21:19

                            Nvidia fell 4.1% in pre-market trading
                        
                            Nvidia fell 4.1% in premarket trading.
                        
21:18

                            Nvidia (NVDA.O) fell 4.1% in premarket trading.
                        
17:44

                            German Chancellor Schulz: We are at the forefront of key economic fields such as artificial intelligence, quantum computing and analytical biology, as well as traditional industries such as steel, chemicals and automobiles.
                        
17:06

                            Before the U.S. stock market opened, Nvidia (NVDA.O) fell nearly 3%, while Arm (ARM.O) and TSMC (TSM.N) fell more than 3%.
                        
15:04

                            Nvidia's Frankfurt-listed shares fell 4%.
                        
14:39

                            SoftBank and OpenAI set up joint venture in Japan to provide AI services
                        
                            On February 3, Masayoshi Son, CEO of Japan's SoftBank Group, said that SoftBank has reached an agreement with OpenAI to establish a joint venture in Japan to provide artificial intelligence services to corporate clients. OpenAI CEO Altman arrived in Tokyo on February 3 to meet with Masayoshi Son, and they will also meet with Japanese Prime Minister Shigeru Ishiba together.
                        
14:11

                            OpenAI CEO Sam Altman: The global demand for computing power is going to be enormous.
                        
13:56

                            According to Yonhap News Agency: OpenAI founder Sam Altman is expected to announce a collaboration with South Korean technology company Kakao on Tuesday.
                        
13:55

                            SoftBank Group: (With OpenAI) the two parties will explore measures to protect customer data on servers in Japan's artificial intelligence data center.
                        
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Weekly Highlights

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                                    Sam Altman, founder and CEO of OpenAI: OpenAI will develop specialized hardware for AI.
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