Japan’s ruling party eyes $6.5b a year for chips, AI
It is reported that Japan’s ruling Liberal Democratic Party plans to allocate approximately 1 trillion yen ($6.5 billion)…
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AI copyright overhaul in South Korea may blend US, EU models, expert says
It is reported that based on discussions within a government-initiated working group of experts, South Korea is leaning…
US to block Nvidia’s sale of scaled-down AI chips to China
It is reported based on inside sources that the US White House has informed other federal agencies that…
US senators introduce resolution to affirm America’s artificial intelligence dominance
US senators Chris Coons (D-Del.) and Tom Cotton (R-Ark.) introduced a bipartisan resolution emphasising the critical importance of…
Singapore Financial Regulator warns AI companies are overvalued
In its 2025 Financial Stability Review, the Monetary Authority of Singapore (MAS) has issued a warning about the…
MeitY unveils India AI governance guidelines to ensure safe, inclusive and responsible AI adoption
India’s Ministry of Electronics and Information Technology (MeitY) has unveiled the India AI Governance Guidelines under the IndiaAI…
UK Government commissions report into impact of AI in financial services
The Economic Secretary to the Treasury has commissioned the Financial Services Skills Commission (FSSC) to conduct research on…
China bans foreign AI chips in state-funded data centres amid US tensions, sources say
It is reported that, according to inside sources, the Chinese government has issued guidance requiring new data centre…
Canada federal budget dedicates over $1B to boost Canadian AI and quantum computing
In its 2025 federal budget, Canada’s federal government will allocate a $925.6-million commitment over 5 years to build…
European AI Office initiates the drafting of Code of Practice on transparency of AI-generated content
The European AI Office has initiated the draft process for the Code of Practice on transparency of AI-generated…