NewsFeed

June 22, 2025

Fortinet Warns of AI-Enabled Cybercrime Surge

The 2025 Fortinet Global Threat Landscape Report warns of the growing threat of AI-enabled cybercrime, where attackers use automation to launch sophisticated phishing, impersonation, and account takeover campaigns. To combat this, Fortinet's enhanced workspace security solutions employ AI-powered protection across email, browsers, and collaboration environments, defending against both external and internal threats in any work setting.

https://www.manilatimes.net/2025/06/22/tmt-newswire/fortinet-unveils-ai-powered-workspace-security-suite-for-modern-enterprise-protection/2137533

June 22, 2025

Google, Facebook Use AI for Identity Verification

Robust identity verification tools are crucial in preventing financial and reputational risks by utilizing AI-driven systems that analyze thousands of data points in real-time to detect abnormalities or inconsistencies. For example, companies like Google and Facebook use such tools to identify suspicious user behavior patterns during the onboarding process, thereby reducing the likelihood of financial loss or damage to their reputation.

https://nerdbot.com/2025/06/21/identity-verification-that-helps-you-onboard-faster-and-stay-compliant/

June 22, 2025

Inari Amertron Bhd Shares Defy Downbeat Earnings Report

Analysts are not writing off Inari Amertron Bhd due to expected demand for advanced semiconductor packaging driven by AI investments, despite the company's share price dropping 8.9% following its 3Q25 results, which showed a 24.7% year-on-year decline in net profit and a 30.9% fall in cumulative net earnings on slower revenue.

https://www.thestar.com.my/business/business-news/2025/06/23/inari-favoured-despite-price-weakness

June 22, 2025

Intel Commits RM50 Billion to Malaysian Expansion

Malaysia's Ministry of Investment, Trade and Industry (MITI) has discussed Intel's plans for reinvestment and expansion with the tech giant, which has invested RM50 billion in Malaysia since 1972, creating 12,300 local jobs. Minister Tengku Datuk Seri Zafrul Abdul Aziz expressed confidence in Malaysia as a key investment destination outside the US, citing the country's growth as a global semiconductor hub. Intel plans to strengthen its presence in Malaysia under the New Industrial Master Plan 2030 and National Semiconductor Strategy.

https://www.malaymail.com/news/money/2025/06/22/malaysia-taps-fresh-chip-momentum-with-intel-vishay-expansion-plans/181264

June 22, 2025

SK Group Partners with Amazon on Ulsan Data Center

SK Group has partnered with Amazon Web Services (AWS) to build a data center in Ulsan, South Korea for a new AWS AI Zone. The 15-year deal aims to support AI adoption in South Korea and expand SK Group's capabilities. The AI Zone will offer industry-leading capabilities from both companies, including dedicated infrastructure and servers, UltraCluster networks, and AI application services. The project is expected to create up to 78,000 jobs by 2027 and is part of AWS's $5.88 billion investment in Korea by 2027.

https://www.manilatimes.net/2025/06/22/tmt-newswire/pr-newswire/sk-group-and-aws-team-up-to-build-cloud-computing-infrastructure-to-support-ai-innovation/2137474

June 22, 2025

SoftBank Seeks Tax Breaks for Crystal Land Project

SoftBank is in talks with the US government and tech giants like Taiwan Semiconductor Manufacturing (TSM) and Samsung Electronics to secure tax incentives and regulatory support for its Project Crystal Land, a proposed complex that could involve some of its Vision Fund portfolio companies. The project's success depends on government backing, industry partnerships, and financing, similar to SoftBank's $500 billion Stargate AI initiative with partners like Oracle and OpenAI.

https://markets.businessinsider.com/news/stocks/inside-softbank-s-1-trillion-ai-gamble-what-it-means-for-sftby-investors-1034840497

June 22, 2025

Tobaccowala Predicts Fractionalized Workforce, New Roles Emerge

As companies adopt AI agents, they must reevaluate their organizational design due to a shrinking workforce. Tobaccowala suggests that full-time employees will be replaced by fractionalized staff, AI agents, or part of a marketplace. Human resources is expected to evolve into a strategic, board-level function. AI agents are likely to eliminate certain roles but create new titles like an AI ethicist. A challenge arises as recent graduates compete with AI agents for entry-level jobs, highlighting the need for HR to facilitate hybrid teams and source human talent effectively.

https://www.adweek.com/podcasts/

June 22, 2025

US Revokes Waivers for Samsung and TSMC Imports

The US government is planning to revoke waivers allowing South Korean companies Samsung Electronics, SK hynix, and Taiwan's TSMC to import US-made semiconductor equipment into their Chinese factories, according to The Wall Street Journal. Commerce Secretary Gina Kessler made the announcement, which could impact the production of AI-related components at Sogang University's new digital innovation campus set to open in early July.

https://koreajoongangdaily.joins.com/news/2025-06-22/business/industry/Washington-tightens-chip-export-rules-threatening-Korean-operations-in-China/2335716

June 22, 2025

Nvidia Tops AI Stocks According to Analysts

TipRanks has compared CoreWeave (CRWV), Palantir Technologies (PLTR), and Nvidia (NVDA) using its Stock Comparison Tool to determine the best AI stock according to Wall Street analysts. The analysis suggests that among these three companies, Nvidia stands out as a top performer in the AI sector, with many analysts rating it as a buy.

https://markets.businessinsider.com/news/stocks/crwv-vs-pltr-vs-nvda-which-is-the-best-ai-stock-to-buy-now-according-to-analysts-1034840242