Articles by Anshul Panda


Email : editor@ibtimes.sg

Sam Altman OpenAI has hired four senior engineers from rival companies—Tesla, xAI, and Meta—strengthening its backend scaling team that powers its AI infrastructure. The new recruits will support major initiatives like Stargate, OpenAI's high-performance compute project. As competition intensifies in the AI sector, this move signals OpenAI's push to stay ahead in the race for artificial general intelligence.
Jul 9, 2025
Markets reference image Asian markets were mixed on Wednesday as U.S. President Trump's announcement of a 50% copper tariff and hints of fresh duties on semiconductors and pharmaceuticals piled pressure. With an August 1 trade deadline coming to a head, investors were also nervous. At the same time, the U.S. dollar rose to a 2.5-week high and copper prices touched an all-time high in New York trading.
Jul 9, 2025
ASIAN MARKETS REFERENCE IMAGE Global markets were largely steady on Tuesday, responding in equilibrium to new U.S. tariffs on goods from Asia. The president has notified 14 countries that tariffs will increase to as much as 25 percent. Japan and South Korea were subjected to the measures, but the EU was exempted and is close to a deal. Investors anticipate more trade discussions before the Aug. 1 deadline, which is helping keep markets steady for the time being.
Jul 8, 2025
Former Russian Transport Minister Roman Starovoit Only hours after President Putin had sacked the official, Russian Transport Minister Roman Starovoit was discovered dead. Aides say that his apparent suicide was a reaction to mounting pressure over war-related scandals and a wide-ranging corruption investigation in Kursk. Facing drone attacks and leaks atop a collapsing sector, Andrei Nikitin was appointed his successor, in another sign of growing divisions inside Putin's government.
Jul 8, 2025
Ruoming Pang joins MSL Ruoming Pang, who currently leads Apple's foundation AI models, is leaving to join Meta's Superintelligence Labs. Pang's departure underscores challenges in Apple's AI division and Meta's aggressive bid for AI supremacy. Pang's move and more high-profile hires have helped Meta evacuate its position in AI leadership — as Apple has had to take a step back and sort out its own AI story in the shadow of internal shifts and a stagnation in innovation.
Jul 8, 2025
TikTok TikTok is working on a follow-up to its hit app, internally known as "M2," which will release to the U.S. on September 5. It comes as a deal to sell TikTok's American operations to a group of non-Chinese investors ears completion. Oracle is also expected to play a central role. The modification was made under strong US legal pressure and amid concerns over privacy, but China's approval is still needed.
Jul 7, 2025
openai OpenAI is pausing operations s for one week, citing employee burnout following a frenetic period of work. But the break comes at a time of fierce competition from Meta, which is offering huge incentives to pry away OpenAI's best and brightest. With internal morale under some pressure and rivals circling, this is not so much a regrouping as it is damage control.
Jul 7, 2025
Daniel Gross Daniel Gross, co-founder of Safe Superintelligence Inc. (SSI), is the latest addition to Meta's new superintelligence lab. The top AI researcher is making a transition after his time as CEO of SSI, which is now run by Ilya Sutskever. Gross's recruitment is a part of Meta's aggressive hiring spree under CEO Mark Zuckerberg as the company attempts to beat others to the punch when it comes to developing a powerful and safe artificial general intelligence (AGI).
Jul 5, 2025
Asian markets reference image New highs for U.S. stocks did not translate into gains across Asian markets on Friday. Japan's Nikkei edged 0.3% higher, but Hong Kong fell 1.3%, and South Korea shed more than 1%. Wall Street was closed for Independence Day following a robust jobs report. Investors focused on President Trump's July 9 trade deal deadline and on a new $3.4 trillion spending bill that could affect future U.S. debt.Asian Markets Decline on Growing Concerns Over Trade
Jul 4, 2025
Microsft partners with Premiere League  Microsoft and the Premier League have penned a huge five-year deal to transform the fan experience with the power of AI. Powered by tools such as Azure AI and Copilot, fans can get personalized content, real-time stats, multilingual highlights and smart Fantasy League help. The deal also will upgrade the Premier League's internal operations and security in one of the largest digital transformations in sports history.
Jul 4, 2025
oil prices reference image Oil prices edged lower on concerns that U.S. tariffs could cut into demand and that crude supply would rise. Brent slid to $68.66, while W.T.I. dropped to $67.01. Growing U.S. crude inventories and soft Chinese service sector data also contributed, along with the pending July 9 deadline for a hike in U.S. tariffs on Chinese goods.
Jul 4, 2025
cryptocurrency A group of tech billionaires such as Anduril's Palmer Luckey and Founders Fund's Peter Thiel, have extended their support behind a new digital bank called Erebor. Tapping the opportunity left by Silicon Valley Bank, Erebor pursues AI, crypto, defense, and startup space. The Columbus-based bank's digital-only approach, including a stablecoin component, is targeted at positioning itself as a regulated leader in tech-focused finance.
Jul 3, 2025
Mark Zukerberg announces MSL Meta has announced Meta Superintelligence Labs (MSL) which is yet another bold step towards actualizing artificial general intelligence (AGI). Led by Scale AI's Alexandr Wang and GitHub's Nat Friedman. Other recruits include OpenAI, Google, and Anthropic's top AI talent. Backed by heavy investment and aggressive hiring, Meta wants to charge the front lines of the next wave of AI breakthroughs, even as the industry gets more crowded.
Jul 3, 2025