Alibaba shares climb to highest since 2021

Alibaba’s $250 billion rebound has turned it into China’s hottest AI stock, with analysts saying the rally may still have room to run.

The group’s US-listed shares have more than doubled this year as Beijing pushes for greater technological self-reliance. Despite the surge, the stock remains 65% below its 2020 peak, keeping valuations attractive compared with US giants like Microsoft and Amazon.

Fund managers say global investors still hold relatively minor positions in Alibaba, creating scope for further gains. Some caution remains, however, with Chinese short bets rising last month and price wars in food delivery threatening to dent margins.

Alibaba trades roughly 22 times the estimated forward earnings in Hong Kong, which is in line with the Hang Seng Tech Index but below its historic peak and US peers. Investors say its valuation looks reasonable given its AI push and improving sentiment.

Shares touched their highest level since August 2021 on Friday, standing out against declines in the broader Hong Kong market. The key test will be whether Alibaba can convert its AI ambitions into mainstream revenues.

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FRA presents rights framework at EU Innovation Hub AI Cluster workshop in Tallinn

The EU Innovation Hub for Internal Security’s AI Cluster gathered in Tallinn on 25–26 September for a workshop focused on AI and its implications for security and rights.

The European Union Agency for Fundamental Rights (FRA) played a central role, presenting its Fundamental Rights Impact Assessment framework under the AI Act and highlighting its ongoing project on assessing high-risk AI.

A workshop that also provided an opportunity for FRA to give an update on its internal and external work in the AI field, reflecting the growing need to balance technological innovation with rights-based safeguards.

AI-driven systems in security and policing are increasingly under scrutiny, with regulators and agencies seeking to ensure compliance with EU rules on privacy, transparency and accountability.

In collaboration with Europol, FRA also introduced plans for a panel discussion on ‘The right to explanation of AI-driven individual decision-making’. Scheduled for 19 November in Brussels, the session will form part of the Annual Event of the EU Innovation Hub for Internal Security.

It is expected to draw policymakers, law enforcement representatives and rights advocates into dialogue about transparency obligations in AI use for security contexts.

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Mexico drafts law to regulate AI in dubbing and animation

The Mexican government is preparing a law to regulate the use of AI in dubbing, animation, and voiceovers to prevent unauthorised voice cloning and safeguard creative rights.

Working with the National Copyright Institute and more than 128 associations, it aims to reform copyright legislation before the end of the year.

The plan would strengthen protections for actors, voiceover artists, and creative workers, while addressing contract conditions and establishing a ‘Made in Mexico’ seal for cultural industries.

A bill that is expected to prohibit synthetic dubbing without consent, impose penalties for misuse, and recognise voice and image as biometric data.

Industry voices warn that AI has already disrupted work opportunities. Several dubbing firms in Los Angeles have closed, with their projects taken over by companies specialising in AI-driven dubbing.

Startups such as Deepdub and TrueSync have advanced the technology, dubbing films and television content across languages at scale.

Unions and creative groups argue that regulation is vital to protect both jobs and culture. While AI offers efficiency in translation and production, it cannot yet replicate the emotional depth of human performance.

The law is seen as the first attempt of Mexico to balance technological innovation with the rights of workers and creators.

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Lincoln Lab launches most powerful AI supercomputer at US university

Lincoln Laboratory has unveiled TX-GAIN, the most powerful AI supercomputer at any US university. Optimised for generative AI, the system ranks on the TOP500 list and significantly boosts research across the MIT campus.

Equipped with more than 600 NVIDIA GPU accelerators, TX-GAIN delivers two AI exaflops of peak performance. Researchers are using it to advance biodefence, protein modelling, weather analysis, network security, and new materials development.

Generative AI applications go beyond large language models, with teams at Lincoln Laboratory exploring radar evaluation, chemical interactions, and anomaly detection in digital systems. The laboratory’s design lets researchers access vast computing power without needing expertise in parallel programming.

TX-GAIN is also supporting collaborations with MIT institutions and the US military, including projects in quantum engineering, space operations, and AI-driven flight scheduling. The system in an energy-efficient Massachusetts facility continues the lab’s supercomputing tradition.

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Atlantic Quantum joins Google Quantum AI to advance scalable quantum hardware

Google Quantum AI has taken a major step in its pursuit of error-corrected quantum computing by integrating Atlantic Quantum, an MIT spin-out focused on superconducting hardware.

The move, while not formally labelled an acquisition, effectively brings the startup’s technology and talent into Google’s programme, strengthening its roadmap toward scalable quantum systems.

Atlantic Quantum, founded in 2021, has worked on integrating qubits with superconducting control electronics in the same cold stage.

A modular chip stack that promises to simplify design, reduce noise, and make scaling more efficient. Everything is equally important to build machines capable of solving problems beyond the reach of classical computers.

Google’s Hartmut Neven highlighted the approach as a way to accelerate progress toward large, fault-tolerant devices.

The startup’s journey, from MIT research labs to Google integration, has been rapid and marked by what CEO Bharath Kannan called ‘managed chaos’.

The founding team and investors were credited with pushing superconducting design forward despite the immense challenges of commercialising such cutting-edge technology.

Beyond hardware, Google gains a strong pool of engineers and researchers, enhancing its competitive edge in a field where rivals include IBM and several well-funded scale-ups.

A move that reflects a broader industry trend where research-heavy startups are increasingly folded into major technology firms to advance long-term quantum ambitions. With governments and corporations pouring resources into the race, consolidation is becoming common.

For Atlantic Quantum, joining Google ensures both technological momentum and access to resources needed for the next phase. As co-founder Simon Gustavsson put it, the work ‘does not stop here’ but continues within Google Quantum AI’s effort to deliver real-world quantum applications.

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AWS expands tech skills programme to Tennessee

Amazon Web Services (AWS) is expanding its Skills to Jobs Tech Alliance to Tennessee, making it the sixth US state to join the initiative. The partnership with the Nashville Innovation Alliance targets middle Tennessee’s rising demand for AI and cloud computing talent.

Between 2020 and 2023, tech job postings in the region increased by 35 percent, with around 8,000 roles currently open.

The programme will link students from local universities with employers and practical learning opportunities. Courses will be modernised to meet industry demand, ensuring students gain relevant AI and cloud expertise.

Local leaders emphasised the initiative’s potential to strengthen Nashville’s workforce. Mayor Freddie O’Connell stressed preparing residents for tech careers, while AWS and the Alliance aim to create sustainable pathways to high-paying roles.

The Tech Alliance has already reached 62,000 learners globally and engaged over 780 employers. Tennessee’s expansion aims to reach over 1,000 residents by 2027, with further statewide growth planned to boost Nashville’s role as a southeastern tech hub.

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Comet AI browser is now free as Perplexity launches Comet Plus service

Perplexity has made its Comet AI browser available to everyone for free, widening access beyond its paid user base. The browser, launched three months ago for Max subscribers, introduces new tools designed to turn web browsing into an AI-driven task assistant.

The company describes Comet as a ‘browser for agentic search’, referring to autonomous software agents capable of handling multi-step tasks for users.

Free users can access the sidecar assistant alongside tools for shopping comparisons, travel planning, budgeting, sports updates, project management, and personalised recommendations.

Max subscribers gain early access to more advanced features, including a background assistant likened to a personal mission control dashboard. The tool can draft emails, book tickets, find flights, and integrate with apps on a user’s computer, running tasks in the background with minimal intervention.

Pro users also retain access to advanced AI models and media generation tools.

Perplexity is further introducing Comet Plus, a $5-per-month standalone subscription service that acts as an AI-powered alternative to Apple News. Current Pro and Max subscribers will receive the service automatically.

The move signals Perplexity’s ambition to expand its ecosystem while balancing free accessibility with premium AI features.

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Japan and OpenAI team up for public sector AI innovation

Japan’s Digital Agency partners with OpenAI to integrate AI into public services, enhancing efficiency and innovation. Gennai, an OpenAI-powered tool, will enable government employees to explore innovative public sector applications, supporting Japan’s modern governance vision.

The collaboration supports Japan’s leadership in the Hiroshima AI Process, backed by the OECD and G7. The framework sets global AI guidelines, ensuring safety, security, and trust while promoting inclusive governance across governments, industry, academia, and civil society in Asia and beyond.

OpenAI is committed to meeting Japan’s rigorous standards and pursuing ISMAP certification to ensure secure and reliable AI use in government operations. The partnership strengthens trust and transparency in AI deployment, aligning with Japan’s national policies.

OpenAI plans to strengthen ties with Japanese authorities, educational institutions, and industry stakeholders. The collaboration seeks to integrate AI into society responsibly, prioritising safety, transparency, and global cooperation for sustainable benefits.

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Global survey reveals slow AI adoption across the construction industry

RICS has published its 2025 report on AI in Construction, offering a global snapshot of how the built-environment sector views AI integration. The findings draw on over 2,200 survey responses from professionals across geography and disciplines.

The report finds that AI adoption remains limited: 45 percent of organisations report no AI use, and just under 12 percent say AI is used regularly in specific workflows. Fewer than 1 percent have AI embedded across multiple processes.

Preparedness is also low. While some firms are exploring AI, most have yet to move beyond early discussions. Only about 20 percent are engaged in strategic planning or proof-of-concept pilots, and very few have budgeted implementation roadmaps.

Despite this, confidence in AI is strong. Professionals see the most significant potential in progress monitoring, scheduling, resource optimisation, contract review and risk management. Over the next five years, many expect the most critical impact in design optioneering, where AI could help evaluate multiple alternatives in early project phases.

The survey also flags key barriers: lack of skilled personnel (46 percent), integration with existing systems (37 percent), data quality and availability (30 percent), and high implementation costs (29 percent).

To overcome these challenges, RICS recommends a coordinated roadmap with leadership from industry, government support, ethical guardrails, workforce upskilling, shared data standards and transparent pilot projects.

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Few Americans rely on AI chatbots for news

A recent Pew Research survey shows that relatively few Americans use AI chatbots like ChatGPT to get news. About 2 percent say they often get news this way, and 7 percent say they do so sometimes.

The majority of US adults thus do not turn to AI chatbots as a regular news source, signalling a limited role for chatbots in news dissemination, at least for now.

However, this finding is part of a broader pattern: despite the growing usage of chatbots, news consumption via these tools remains in the niche. Pew’s data also shows that 34 percent of US adults report using ChatGPT, which has roughly doubled since 2023.

While AI chatbots are not yet mainstream for news, their limited uptake raises questions about trust, accuracy and the user motivation behind news consumption.

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