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Nvidia pledges $250 million to UK AI safety research
LONDON: US chipmaker Nvidia has pledged $250 million worth of computing resources to Britain over five years, to fund AI security research, bolstering the country’s ambitions to become a global…
Business RecorderUK finance minister Healey set to pay for budget giveaways without more borrowing, FT reports
UK Finance Minister John Healey is expected to pay for all new giveaways in this month’s budget, including a cost-of-living package, with higher taxes or spending cuts rather than more borrowing…
Business RecorderIMF's Georgieva says US growth will not be enough to shrink debt
BANGKOK: The United States cannot grow its way out of mounting public debt and needs to make other fiscal adjustments to put its debt on a more sustainable path, International Monetary Fund Managing…
Business Recorder
China's exports surge 36.3% y/y in September, imports up 31%
BEIJING: China’s exports in September soared 36.3% from a year earlier in US dollar terms, far outpacing forecasts, while imports grew 31%, customs data showed on Wednesday.
Business RecorderIMF says higher bond yields underscore urgency of fiscal consolidation
BANGKOK: The International Monetary Fund on Wednesday urged advanced economies and others to take urgent action to reduce government spending, cut deficits and reduce debt levels, warning that…
Business RecorderAsia shares edge up as chip selloff eases; US CPI awaited
HONG KONG: Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead…
Business Recorder
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