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…
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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…
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…
US approves Microsoft licence to export AI chips to UAE
It is announced through Microsoft’s official press release that the US government has granted Microsoft a license to…
South Korea President unveils record annual budget, emphasizes AI as national priority
It is reported that President Lee Jae Myung has unveiled a record 728 trillion won ($525 billion) budget…
China offers tech giants cheap power to boost domestic AI chips
It is reported that China has increased subsidies, reducing energy bills by up to 50% for major data…
EU Commission eyes codifying ‘legitimate interest’ as legal basis for AI training
It is reported that the European Commission is in advanced talks to propose formally recognizing “legitimate interest” as…
South Korea President seeks approval on record annual budget, emphasizes AI as national priority
It is reported that President Lee Jae Myung has called on the National Assembly to approve a record…
Trump says China, other countries can’t have Nvidia’s top AI chips
It is reported that, in a CBS interview and remarks aboard Air Force One, US President Donald Trump…
India to introduce new AI law modelled on IT Act
It is reported that India’s Ministry of Electronics and Information Technology (MeitY) plans to introduce a comprehensive AI…