Tech

Businesses are still unprepared for AI implementation despite high ambition

Published

2 years ago

March 6, 2024

Generative AI, touted as the next big thing in business transformation, is facing significant adoption hurdles.

Despite the widespread hype surrounding AI technologies, the survey of over 300 business leaders globally found that only 9% of businesses are significantly utilising AI in their operations.

The report highlights several barriers impeding the widespread adoption of generative AI. Concerns over data privacy, regulatory compliance, and inadequate IT infrastructure are cited as major obstacles.

Stela Solar, Inaugural Director at Australia’s National Artificial Intelligence Centre, emphasised the misconception regarding the ease of implementing mature, enterprise-ready AI solutions.

AI governance

She stressed the need for companies to enhance data quality, privacy measures, and AI governance to facilitate AI adoption.

While business leaders express optimism about AI’s potential, current deployments are largely limited to automating repetitive, low-value tasks.

The survey indicates a growing interest in expanding AI usage across various business functions, with expectations of doubling AI deployment by 2024.

However, challenges related to IT resources, capabilities, and budget constraints remain significant concerns for many organisations.

Furthermore, regulatory compliance and data privacy emerge as critical barriers to AI implementation.

The proliferation of generative AI technologies has raised legal and security concerns, with companies grappling with issues such as copyright disputes and data breaches.

Laurence Liew, director for AI innovation at AI Singapore, emphasised the importance of establishing robust governance structures and cybersecurity protocols to mitigate these risks.

Tech

TSMC posts record profits on AI chip boom

TSMC posts record Q4 profit, driven by strong chip demand, exceeding predictions and signaling market dominance.

Published

4 days ago

January 16, 2026

Harvey Vargas

TSMC posts record Q4 profit, driven by strong chip demand, exceeding predictions and signaling market dominance.

Taiwan Semiconductor Manufacturing Company (TSMC) has posted a record net profit for the fourth quarter, driven by strong demand for advanced chips.

Net profit surged 35% year-on-year, exceeding analyst expectations and signalling a dominant position in the semiconductor market.

Quarterly revenue also rose 20.5% compared to last year, supported by robust sales in AI and high-performance computing segments. The company’s success reflects the growing global appetite for cutting-edge semiconductor technology.

Looking ahead, TSMC plans to ramp up capital expenditure, projecting investments of up to $56 billion in 2026. The positive results have sparked an upbeat reaction across global markets, highlighting TSMC’s influence in the tech sector.

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#TSMC #Semiconductors #AIChips #TechNews #HighPerformanceComputing #StockMarket #QuarterlyEarnings #TechInvesting

Tech

X restricts Grok AI as global backlash grows

X restricts Grok AI from creating sexualized images amid global backlash and regulatory concerns, aligning with UK guidelines.

Published

5 days ago

January 15, 2026

Harvey Vargas

X restricts Grok AI from creating sexualized images amid global backlash and regulatory concerns, aligning with UK guidelines.

X has announced new restrictions on its Grok AI chatbot, preventing it from generating sexualized images of women amid mounting criticism and regulatory scrutiny worldwide.

The move comes after concerns over non-consensual image manipulation sparked widespread backlash from users, advocacy groups, and authorities.

UK Prime Minister Keir Starmer confirmed that the platform’s latest changes align with British law, as Ofcom launches a formal investigation to determine whether X has violated the Online Safety Act.

Regulators are closely monitoring the situation, highlighting growing global concerns about the ethical use of AI in image generation. Critics have argued that X’s initial measures were insufficient and did not adequately address the risks associated with sexualized AI content.

The controversy has also prompted action in Southeast Asia. Malaysia and Indonesia have blocked access to Grok entirely, citing the platform’s potential to generate inappropriate content.

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#GrokAI #XPlatform #AIRegulation #OnlineSafety #KeirStarmer #AIControversy #TechNews #DigitalEthics

Tech

AI drives memory prices higher as SK hynix and TSMC expand

Explore the rising global memory market driven by AI demand and hear insights from Brad Gastwirth on industry trends.

Published

6 days ago

January 14, 2026

Harvey Vargas

Explore the rising global memory market driven by AI demand and hear insights from Brad Gastwirth on industry trends.

The global memory market is on the rise, with prices climbing steadily thanks to booming AI infrastructure demand.

Companies like SK hynix and TSMC are investing heavily in advanced packaging and new facilities to meet this unprecedented growth.

We speak with Brad Gastwirth from Circular Technologies about the forces behind this upward momentum. From the difference between AI-driven and consumer-driven demand to the increasing memory requirements per AI system, Brad breaks down the trends shaping the industry.

We also explore the implications of lean DRAM and NAND inventories, disciplined supply growth, and the challenges of expanding packaging capacity versus wafer fabrication. Tune in to understand why incremental demand surprises can have a huge impact on memory pricing.

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#AIMemory #SKHynix #TSMC #TechInvesting #MemoryMarket #AIInfrastructure #Semiconductors #TickerNews