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This Record Stock Market Is Riding on Questionable AI Assumptions

Just four giant technology stocks added more market value than the rest of the S&P 500 put together this month. More than half of the gain came from Nvidia. Read More...

Google to invest $2 billion in data centre and cloud services in Malaysia

Google will invest $2 billion in Malaysia to develop its first data centre and Google Cloud region in the country, the unit of Alphabet said on Thursday, the latest in a wave of expansion by global tech firms into Southeast Asia. The government said the investment would advance Malaysia’s digital ambitions, and the artificial intelligence (AI) capabilities and other advanced technologies would help local industry move up the global value chain.With a young tech-savvy population of 670 million, Southeast Asia has been attracting plenty of interest and investment recently from technology giants including Microsoft, Amazon, Nvidia and Apple.

Reuters

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