Microsoft to spend $110b on AI this fiscal year
The Straits Times|January 07, 2025
Microsoft president Brad Smith said the company is on track to pump about US$80 billion (S$110 billion) into artificial intelligence (AI) in the 2025 fiscal year.

He contended that AI is poised to transform all aspects of life, and it is imperative that the US be the global leader when it comes to the technology, he wrote in an online post on Jan 3.

"In many ways, artificial intelligence is the electricity of our age, and the next four years can build a foundation for America's economic success for the next quarter-century," Mr Smith said.

"The United States is poised to stand at the forefront of this new technology wave, especially if it doubles down on its strengths and effectively partners internationally."

This story is from the January 07, 2025 edition of The Straits Times.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 07, 2025 edition of The Straits Times.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE STRAITS TIMESView All
AGE-OLD CRAFT OF WEAVING CARPETS AT RISK
The Straits Times

AGE-OLD CRAFT OF WEAVING CARPETS AT RISK

In southern Morocco, women are the guardians of the age-old craft of carpet weaving, an intricate art form that often leaves them with meagre earnings.

time-read
2 mins  |
January 08, 2025
Zendaya and Tom Holland engaged, says US media
The Straits Times

Zendaya and Tom Holland engaged, says US media

Spider-Man co-stars Zendaya and Tom Holland are engaged, American media reported on Jan 6, the day after she was spotted wearing a huge diamond ring.

time-read
1 min  |
January 08, 2025
Johnny Depp alerts fans to online scammers posing as him
The Straits Times

Johnny Depp alerts fans to online scammers posing as him

Hollywood actor Johnny Depp has alerted his fans to online scammers impersonating him.

time-read
1 min  |
January 08, 2025
Singapore composer George Leong calls Dick Lee 'self-centred' amid emotional rant about music scene
The Straits Times

Singapore composer George Leong calls Dick Lee 'self-centred' amid emotional rant about music scene

Singaporean composer and musician George Leong has worked on some of the biggest hits of Mandopop and Cantopop, but in an impassioned Facebook post, the 54-year-old seemed to have thrown it all away.

time-read
2 mins  |
January 08, 2025
Squid Game 2 Met With Backlash Over Vietnam War Reference
The Straits Times

Squid Game 2 Met With Backlash Over Vietnam War Reference

Squid Game 2, a dystopian drama in which hopeless people compete for survival by playing Korean children's games, is facing backlash from Vietnamese audiences over a remark on the Vietnam War (1955 to 1975).

time-read
1 min  |
January 08, 2025
68 S'pore writers sign statement on NLB's 'uncritical endorsement' of generative AI
The Straits Times

68 S'pore writers sign statement on NLB's 'uncritical endorsement' of generative AI

Members of Singapore's literary community are calling on the National Library Board (NLB) to exercise greater prudence in adopting generative artificial intelligence (AI) or risk \"permanently damaging Singapore's literary landscape\".

time-read
2 mins  |
January 08, 2025
Mediacorp disqualifies stolen designs from competition
The Straits Times

Mediacorp disqualifies stolen designs from competition

Three illustrations submitted to a Mediacorp design competition have been removed from the media company's website and disqualified after they were found to have been stolen.

time-read
2 mins  |
January 08, 2025
From bad boy to Better Man
The Straits Times

From bad boy to Better Man

Pop star Robbie Williams reflects on hedonism and healing for biopic

time-read
3 mins  |
January 08, 2025
The Straits Times

That very hot drink could be doing you harm

Drinking very hot beverages is a proven risk factor for oesophageal cancer

time-read
3 mins  |
January 08, 2025
The Straits Times

STRENGTH BAND-AID

Research suggests that resistance bands are as effective as weights at building strength

time-read
1 min  |
January 08, 2025