TikTok owner ByteDance plans massive AI investment

ByteDance, the company behind TikTok, is reportedly planning a substantial $12 billion investment in AI infrastructure by 2025. According to the Financial Times, the funds will go towards acquiring advanced AI chips and enhancing model training capabilities, both domestically and abroad. A spokesperson for ByteDance refuted the accuracy of the report, calling the claims incorrect.

The company intends to allocate 40 billion yuan ($5.5 billion) towards purchasing AI chips in China, while an additional $6.8 billion will be spent overseas. Domestic semiconductor orders would largely go to Chinese suppliers, including Huawei and Cambricon, with the remainder focused on Nvidia chips modified to comply with US export restrictions.

China’s government has encouraged tech firms to source a significant percentage of their chips from local manufacturers. Meanwhile, ByteDance continues to navigate US scrutiny, with its popular app TikTok facing political pressure to be sold.

The news comes amid a broader global race for AI dominance, where investment in cutting-edge technology remains pivotal for competitive advantage.

Thailand advances digital economy with strategic partnerships in Southeast Asia

Thailand is strengthening its digital partnerships with Japan and Vietnam to drive innovation, enhance connectivity, and position itself as a Southeast Asia digital economy leader. These collaborations focus on emerging technologies such as 5G, AI, 3D printing, and cybersecurity and foster innovation through startup promotion in gaming, entertainment, and other sectors.

Both partnerships prioritise developing digital skills to build a proficient workforce and improve regional connectivity, including submarine cable networks. Thailand has invited Japan to invest in the ‘Thailand Digital Valley’ project, which aims to make Chonburi Province a hub for digital innovation.

Furthermore, Thailand and Vietnam are advancing cooperation through a new Memorandum of Understanding (MoU), while Japan continues its collaboration under the 2022 Memorandum of Understanding (MoC). These agreements provide a structured framework for initiatives in digital transformation, regulatory development, cybersecurity, and regional infrastructure.

Through these efforts, Thailand aims to establish itself as a regional hub for digital technology, promoting sustainable growth and innovation across ASEAN. By leveraging these strategic partnerships, Thailand is building a connected and digitally advanced society, reflecting its commitment to becoming a key player in shaping the region’s digital future.

ITU launches global AI Skills Coalition to bridge expertise gap in developing nations

The International Telecommunication Union (ITU) has launched the AI Skills Coalition, a global initiative backed by 27 organisations, including Amazon Web Services, Microsoft, and Cognizant, to bridge the AI skills gap in developing countries. The coalition will provide accessible education and capacity-building in areas like generative AI, machine learning, and AI for sustainable development through a new online platform set to launch in March 2025.

The platform will offer free resources such as self-paced courses, webinars, in-person workshops, hybrid programs, and a comprehensive digital library of AI materials. In collaboration with the United Nations Development Programme (UNDP), the coalition will leverage UNDP’s global presence to ensure an inclusive, global approach to AI training, extending beyond the efforts of companies like Google, AWS, and Microsoft.

The initiative will also focus on underrepresented groups, including women, youth, and persons with disabilities, aiming to foster diversity in AI development. Specialised training programs for government officials will address AI governance, ethics, and policymaking, tailored to the needs of developing countries and least developed countries (LDCs).

The AI Skills Coalition’s efforts to deliver AI education and capacity-building aim to ensure that the benefits of AI are shared more equitably, addressing global inequalities in AI knowledge. By equipping the future workforce with critical skills and empowering policymakers to harness AI responsibly, the coalition seeks to support sustainable development and help countries navigate the unique challenges they face in the AI era.

Oracle shares surge amidst major AI investment announcement

Oracle shares soared by nearly 9% in Frankfurt on Wednesday following an announcement from former US President Donald Trump about a groundbreaking AI initiative. Oracle, in collaboration with OpenAI and SoftBank, is set to establish a joint venture called Stargate, aiming to revolutionise AI infrastructure.

The ambitious project will see a staggering $500 billion investment, as revealed during Trump’s remarks at the White House the day before. The collaboration highlights the growing significance of AI and signals major players pooling resources to drive technological advancements in this domain.

Investor excitement around Stargate boosted Oracle’s stock performance significantly. After regular trading closed on Tuesday with a 7% rise, the company’s shares climbed an additional 3% in after-hours trading, reflecting strong market optimism.

SoftBank’s AI venture signals bold strategy

SoftBank CEO Masayoshi Son’s decision to partner with OpenAI and Oracle on a $500 billion AI venture, Stargate, showcases his bold, headline-grabbing approach to dealing with the Trump administration. The project, announced at the White House alongside President Donald Trump, promises to build AI infrastructure in the US and marks a significant part of Son’s earlier $100 billion investment pledge. SoftBank shares surged 11% following the news, reflecting investor confidence in the group’s aggressive strategy.

However, analysts argue that Son’s methods, rooted in rapid decision-making and high-risk bets, are difficult for traditional Japanese corporations to replicate. Japan Inc’s emphasis on long-term planning contrasts sharply with Son’s willingness to embrace Trump’s pro-investment stance to navigate potential tariffs and trade pressures. The reluctance of other Japanese executives to engage directly with Trump highlights a broader struggle to adapt in a politically charged environment.

Son’s flashy investments draw comparisons to his previous $50 billion pledge during Trump’s first term and underscore his vision for AI as a transformative technology. While his moves are reestablishing SoftBank as a global player after setbacks like WeWork’s collapse, questions remain about how the Stargate project will be funded and whether traditional Japanese companies can adapt their strategies to find similar success in Trump’s America.

Microsoft adjusts OpenAI deal after $500 billion Stargate AI venture

Microsoft announced changes to its longstanding agreement with OpenAI following the AI leader’s new partnership with Oracle and SoftBank on a $500 billion AI data centre project, Stargate. The joint venture, unveiled by President Donald Trump at the White House, aims to solidify US leadership in AI, leveraging Nvidia chips and other cutting-edge technologies.

While Microsoft retains exclusive rights to OpenAI’s APIs, the amendments now allow OpenAI to build additional capacity outside of Microsoft’s infrastructure. This paves the way for Oracle’s involvement in Stargate, which will operate as a separate entity with governance rights shared among founding members and external investors like UAE’s MGX. SoftBank CEO Masayoshi Son will chair the venture’s board.

Despite this shift, Microsoft remains a central technology partner, continuing to benefit from revenue-sharing agreements with OpenAI and maintaining exclusivity over key offerings through its Azure cloud service. “The key elements of our partnership remain intact through 2030,” Microsoft said, reaffirming its commitment to OpenAI’s long-term growth.

Oracle and OpenAI have not commented on Microsoft’s statements, but the partnership underscores the strategic realignments shaping the future of AI infrastructure in the US.

UK’s new supercomputer to revolutionise medicine

A state-of-the-art £225 million supercomputer, Isambard-AI, is set to become the most powerful in the UK when fully operational this summer. Based at the National Composites Centre in Bristol, the system uses artificial intelligence to aid in developing vaccines and drugs for diseases such as Alzheimer’s, heart disease, and cancer. Researchers are already using its vast computational power to enhance melanoma detection across diverse skin tones.

Professor Simon McIntosh-Smith, a high-performance computing expert at the University of Bristol in the UK, described Isambard-AI as “potentially world-changing.” By simulating molecular interactions, the AI can drastically cut the time and cost of drug development, which traditionally relied on educated guesses and laborious physical experiments. The system virtually screens millions of potential treatments, allowing researchers to identify promising candidates faster.

Despite concerns about its energy consumption, the supercomputer is designed to operate efficiently and may even repurpose its waste heat to warm local homes and businesses. Highlighting the project’s broader significance, Professor McIntosh-Smith likened Isambard-AI to the invention of the internet, emphasising its potential to save millions of lives while keeping its research publicly accessible.

UK Government unveils AI assistant named Humphrey

The UK government has introduced a new AI assistant named ‘Humphrey,’ inspired by the scheming character Sir Humphrey Appleby from the sitcom Yes, Minister. This innovative suite of digital tools aims to modernise civil service workflows, reduce costs, and simplify tasks such as summarising public feedback and searching parliamentary records.

The initiative forms part of a broader overhaul of government digital services, announced by Science and Technology Secretary Peter Kyle. Central to this plan are two new apps for secure document storage, including digital driving licences. The Humphrey AI tools, particularly Consult and Parlex, are designed to replace costly external consultants and assist policymakers in navigating parliamentary debates.

Despite the programme’s ambitions, the choice of name has sparked debate. Critics like Tim Flagg from UKAI argue that the association with Sir Humphrey’s ‘devious and controlling’ persona might undermine trust in the technology. However, Flagg also expressed optimism about the government’s technical capabilities, calling the project a positive step towards embracing AI.

The UK government insists that these tools will foster efficiency and collaboration, with improved data sharing between departments being another key feature of the initiative. By cutting consultancy costs and increasing transparency, officials hope Humphrey will become a symbol of progress, rather than parody.

UK government adopts new AI tools

The UK government is exploring new AI tools to streamline public services and assist ministers and civil servants. Among these is Parlex, a tool that predicts how MPs may react to proposed policies, offering insights into potential support or opposition based on MPs’ previous parliamentary contributions. Described as a ‘parliamentary vibe check,’ the tool helps policy teams craft strategies before formally proposing new measures.

Part of the AI suite Humphrey—named after the Yes Minister character—Parlex and other tools aim to modernise government operations. These include Minute, which transcribes ministerial meetings, and Lex, which analyses the impact of laws. Another tool, Redbox, automates submission processing, while Consult is projected to save £80 million annually by improving public consultation processes. The Department for Work and Pensions has also utilised AI to analyse handwritten correspondence, accelerating responses to vulnerable individuals.

The broader government strategy, unveiled by Prime Minister Keir Starmer, emphasises integrating AI into public services while balancing privacy concerns. Plans include sharing anonymised NHS data for AI research under stringent safeguards. Ministers believe these innovations could address economic challenges and boost the UK’s economy by up to £470 billion over the next decade. However, past missteps, such as erroneous fraud accusations stemming from flawed algorithms, highlight the need for careful implementation.

Trump rescinds Biden’s AI risk policies

Donald Trump has rescinded a 2023 executive order issued by Joe Biden aimed at mitigating risks associated with AI to consumers, workers, and national security. Biden’s order mandated that developers of high-risk AI systems share safety test results with the US government before public release, under the Defense Production Act. It also required federal agencies to establish safety standards addressing potential threats such as cybersecurity, chemical, and biological risks. This move came amid congressional inaction on AI legislation.

The Republican Party had pledged to overturn Biden’s order, claiming it stifled AI innovation. The party’s 2024 platform emphasises support for AI development that aligns with free speech and human progress. Generative AI technologies, capable of creating content like text and images, have sparked both excitement and concern over their potential to disrupt industries and eliminate jobs.

While Trump revoked Biden’s AI safety framework, he left intact another executive order issued last week that supports the energy needs of advanced AI data centres. Biden’s newer order calls for federal assistance, including leasing Defense and Energy Department sites, to support the rapid growth of AI infrastructure. Meanwhile, US companies like Nvidia have criticised recent Commerce Department restrictions on AI chip exports, reflecting ongoing tensions between regulation and innovation in the tech sector.