Asia's tech giants give AI bull run a new centre of gravity - Reuters
Asia's tech giants give AI bull run a new centre of gravity Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Key People
No people linked to this story
Locations
All Coverage
<a href="https://news.google.com/rss/articles/CBMirAFBVV95cUxQSzR6cGFUcThtaGZldmJ5WmhiaXhIMFdvMElpcmF3bEJoaFVpVFZBUlZOV2gwdjU5bGt2TVNoV0dPeXhDRklZb1RSRDhxMmd5WlB1djV0WTd3eGRpMmIwNjdSdDltQmlfV1lOWWxvWWhETGpHVVIxS2VHdTV3Vi1Pa2V6MzYzR2g1YVRONERVZXNyMXd5YklPTkVRTVZGTU9kV21QOUh4bFdITE9m?oc=5" target="_blank">Asia's tech giants give AI bull run a new centre of gravity</a> <font color="#6f6f6f">Reuters</font>
Major tech companies like Google, Microsoft, and Amazon report strong earnings, indicating a positive outlook for the AI boom and the US stock market.
Asian billionaires, including Masayoshi Son and Mukesh Ambani, are leading the expansion of AI infrastructure in the Asia-Pacific region.
Masayoshi Son, CEO of SoftBank, is heavily investing in AI, including acquiring chip designer Arm and investing in OpenAI.
OpenAI and six other tech startups have seen their valuations soar, reaching a combined $1.3 trillion, leading the private market surge.
Alibaba's shares surged over 6% after CEO Eddie Wu announced plans to increase spending on AI models and infrastructure development.
Similar Stories
Related coverage based on topic and tags
Big investors hunt for tomorrow's AI winners as capex angst fades - reuters.com
Big investors hunt for tomorrow's AI winners as capex angst fades reuters.com
August 17, 2026 at 05:01 AMEXCLUSIVE: Microsoft retreats in China, but AI boom helps it keep a window open - Reuters
EXCLUSIVE: Microsoft retreats in China, but AI boom helps it keep a window open Reuters
August 13, 2026 at 11:17 AMEXCLUSIVE: Inside the Google executive moves that led to its big AI reshuffle - Reuters
EXCLUSIVE: Inside the Google executive moves that led to its big AI reshuffle Reuters
August 12, 2026 at 05:59 PMStrong majority of Japanese firms have yet to fully embrace AI: Reuters poll - Reuters
Strong majority of Japanese firms have yet to fully embrace AI: Reuters poll Reuters
August 12, 2026 at 11:10 PMNEWSLETTER: AI firms can't yet contain what they've built, study finds - Reuters
NEWSLETTER: AI firms can't yet contain what they've built, study finds Reuters
August 19, 2026 at 09:25 PMTrump crypto firm backs venture offering AI from restricted Chinese companies - Reuters
Trump crypto firm backs venture offering AI from restricted Chinese companies Reuters
August 17, 2026 at 10:25 AM