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News
LG CNS Receives Appreciation Award from Indonesia's Tax Authority; Expands into AI-Driven Tax Administration Upgrades — BigGo Finance
7+ hour, 57+ min ago (472+ words) LG CNS, the IT services arm of South Korea's LG Group, has received an appreciation award from Indonesia's Directorate General of Taxes in recognition of its work building and stabilizing Coretax, the country's next-generation tax administration system. Coretax integrates previously…...
ByteDance Launches Doubao Phone Assistant Consumer Edition; First AI Agent Smartphone Goes on Sale Sept. 16 — BigGo Finance
8+ hour, 4+ min ago (250+ words) Doubao Phone Assistant is built on system-level collaboration between the Doubao app and phone manufacturers. Users can wake the assistant via voice commands or by pressing a dedicated AI button with fingerprint authentication. The AI button design merges three actions…...
South Korea's After-Market Trading Debuts: Korea Investment & Securities and Daishin Securities Battle for Customers — BigGo Finance
8+ hour, 55+ min ago (255+ words) With this regulatory change, individual investors can now buy and sell South Korean stocks after work hours using the same mechanism as the regular session. Brokerages have rolled out events featuring prizes and gift certificates to attract trading during this…...
Nvidia's Revenue 44% Concentrated in 3 Customers… Dell Posts Record $60.9B Quarterly AI Server Orders — BigGo Finance
9+ hour, 15+ min ago (602+ words) As concerns mount over Nvidia's revenue being excessively concentrated among a handful of customers, Dell Technologies (DELL)—one of its largest indirect customers—posted quarterly AI server orders exceeding its own total revenue, reaffirming robust demand. Including trade receivables, the…...
Chinese AI Firm Z.ai Raises $5 Billion Amid 73% Stock Plunge From Peak — BigGo Finance
13+ hour, 57+ min ago (274+ words) Z.ai plans to allocate approximately 60% of the net proceeds to R&D for next-generation models and a fully self-trained system. Another 15% will go toward business expansion, with the remainder used for capital structure improvement and working capital. This latest fundraising…...
Bund Summit Reflects AI Divergence: Agents Accelerate into Daily Life, While Large Models Remain Stuck on Long-Tail Knowledge — BigGo Finance
9+ hour, 46+ min ago (695+ words) Wang Jian had missed his scheduled morning keynote at the main forum. In the afternoon, he simply moved his speech to an open-air plaza near the Bund Summit entrance. With no enclosed venue, the crowd grew larger and larger; those…...
LG Unveils AI for Quality Inspection and Autonomous Experimentation Without Retraining, Targeting Industry with 'Expert AI' — BigGo Finance
9+ hour, 51+ min ago (467+ words) LG AI Research has unveiled its full lineup of "Expert AI" designed to solve difficult problems in manufacturing, science, and finance. The strategy is to move beyond general-purpose AI and boost business competitiveness with agentic AI that can independently predict,…...
Oracle Chairman Larry Ellison Abruptly Withdraws $7.5 Billion Stock Sale Plan — BigGo Finance
22+ hour, 27+ min ago (1003+ words) Larry Ellison has scrapped a trading arrangement that would have allowed him to unload as much as $7.5 billion worth of Oracle Corp.(NYSE:ORCL) shares, a dramatic about-face that came just one day after the plan surfaced in a regulatory…...
Anthropic Picks Nasdaq for Blockbuster IPO as AI Safety Debate Intensifies — BigGo Finance
15+ hour, 20+ min ago (307+ words) Anthropic has chosen Nasdaq as the venue for a potential initial public offering that could rank among the largest in history, according to a person familiar with the plans, handing the exchange another marquee win as artificial intelligence companies navigate…...
Trump and House Speaker Resist Urgent AI Regulation, Citing China Race — BigGo Finance
22+ hour, 27+ min ago (504+ words) President Donald Trump and House Speaker Mike Johnson pushed back Sunday against urgent calls to impose sweeping restrictions on artificial intelligence, arguing that aggressive regulation could surrender America's technological advantage to China just as industry leaders are urging a slowdown…...