Artificial intelligence

Meta donates 1,000 AI glasses, $30k in Singapore

Meta advertises its broader AI glasses range as starting at US$249, but it did not disclose the retail value of the donation.

EY revenue hits $57b, AI services up 49%

Lightspeed, Khosla lead $200m round for Arena Intelligence

The startup grew out of Chatbot Arena, a research project from the University of California, Berkeley’s Sky Computing Lab.

Australian AI firm Firmus withdraws planned IPO

Firmus had aimed to raise US$5 billion at A$11 (US$7.7) a share.

Alphabet’s Isomorphic Labs eyes up to $50b valuation: sources

The company raised US$2.1 billion in a series B round five months ago.

Alibaba AI cloud revenue seen up over 50%

Alibaba Cloud said in May 2026 that its cloud revenue growth had risen to 40%.

Google Cloud announces Gemini agent for work

Google said the agent works with Microsoft 365 and Slack, and can route tasks across Gemini models and Anthropic’s Claude models.

SoftBank, Grab explore AI infrastructure in Sarawak

Grab secured US$1.46 billion from SoftBank’s Vision Fund in 2019.

Anthropic launches cyber program for critical infrastructure

Anthropic also introduced OSS Scanner, a free, opt-in service for open-source projects that can handle vulnerability reports.

Spain’s Magnific launches AI image model for brands

Magnific One is available on all paid plans on the web, desktop, mobile, and Magnific MCP.

Tencent weighs up to $5b offshore bond sale for AI spending

The bonds could be issued in US dollars and offshore yuan, with a sale potentially happening early this month, the people said.

Chinese AI chipmaker Biren plans $509m share sale

Biren plans to issue 130 million new shares at HK$31.08 (US$4) each, about 10% below the previous close.

TSMC Q3 sales hit record, beating forecasts

TSMC, which supplies Nvidia and Apple, had forecast quarterly revenue of US$44.6 billion to US$45.8 billion.

Indian AI lab Soket launches open-source agent tool

The company said the developer preview is available on GitHub for Linux, macOS, and Windows.

DeepX raises $11m from Samsung Securities, SVIC

The sale will raise 14.7 billion won (US$11 million) from Samsung Securities and SVIC 33rd, a fund managed by Samsung Venture Investment.

Anthropic launches Claude Haiku 5.5 at 75% lower cost

Haiku 5.5 is the first Haiku model with an adjustable effort setting.

Hong Kong fintech firm Reap to test AI purchasing setup

Reap would issue payment credentials limited by merchant, amount, and timeframe, then execute checkout.

Manus maker Butterfly Effect lands over $500m funding

Manus is described as an AI agent that can execute tasks and workflows on a user’s behalf, rather than only generate text.