Tech

• President Trump en Chinese leider Xi Jinping hebben hoogbespreken gevoerd in Peking, waarbij de focus lag op het oplossen van escalerende handelsspanningen, technologische concurrentie en het coördineren van reacties op ontwikkelingen in het Midden-Oosten. • De twee leiders bespraken het terugdraaien van tarieven, beperkingen aan de toeleveringsketen van halfgeleiders en potentiële gezamenlijke initiatieven voor de regulering van kunstmatige intelligentie, waarbij beide landen probeerden verdere economische verslechtering te voorkomen. • De top markeert een kritiek keerpunt in de relaties tussen de VS en China, waarbij waarnemers opmerken dat de bereikte overeenkomsten de wereldwijde handelsdynamiek kunnen hervormen en de koers van de bredere geopolitieke concurrentie kunnen beïnvloeden.

• Azië is het nieuwe centrum van de wereldwijde AI-boom geworden en is Silicon Valley gepasseerd, aangewakkerd door de stijgende vraag naar AI-chips die Aziatische tech-aandelen naar boven heeft gestuwd. • Het door AI gedreven rally tilde Zuid-Koreas Kospi naar een nieuw recordslot van 7.981,41, een stijging van 1,8%, ondersteund door technologieaandelen te midden van sterke bedrijfsresultaten in Japan. • Beleggers hielden toezicht op de Amerikaanse goedkeuringen voor ongeveer 10 Chinese bedrijven, waaronder Alibaba en Tencent, om Nvidia AI-chips te kopen, wat werd benadrukt tijdens het bezoek van Trump aan China met Nvidia-CEO Jensen Huang.

• Grote techbedrijven investeren biljoenen dollars in infrastructuur om generatieve AI-modellen te ontwikkelen en te beheren, wat wijst op een speculatieve bubbel, waarschuwt een nieuw rapport van het Open Markets Institute door fellow Matthew Sherer. • Het rapport identificeert kenmerken van gevaarlijke financiële bubbels in de AI-boom en roept beleidmakers op om toekomstige eisen voor reddingsoperaties voor falende bedrijven af te wijzen. • Met biljoenen op het spel benadrukt de analyse proactief beleid om de economie te beschermen tegen een instorting van de AI-sector zonder reddingsacties gefinancierd door belastinggeld.

• Wall Street handelde op woensdagochtend gemengd, waarbij de S&P 500 met 0,1% daalde, de Dow Jones Industrial Average met 235 punten of 0,5% zakte om 9:35 uur ET, en de Nasdaq met 0,2% steeg dankzij een herstel in de technologiesector. • Tech-aandelen zoals Micron Technology stegen met 4,3% en Nvidia steeg met 2,4% — de grootste stijger op de S&P 500 — na een pauze in het door AI gedreven momentum; Nvidia CEO Jensen Huang werd door president Trump uitgenodigd om de leveringen van AI-chips naar China te bespreken. • Een rapport over de groothandelsinflatie liet zien dat de prijzen vorige maand aanzienlijk hoger waren dan verwacht, volgend op de versnelling van de consumenteninflatie van dinsdag, aangedreven door stijgende brandstof- en transportkosten, voedselprijzen als gevolg van tarieven en het weer, en olieonderbrekingen door de oorlog in Iran.

• De uitnodiging om deel uit te maken van een groep inclusief Elon Musk en Tim Cook benadrukt de Amerikaanse AI- en tech-ambities • De miljardair en topman van chipfabrikant Nvidia, Jensen Huang, heeft zich na een vermeende last-minute uitnodiging aangesloten bij de delegatie van Donald Trump naar China, wat de AI- en tech-ambities van de VS onderstreept. • Huang zal zich voegen bij een lijst van Amerikaanse topbestuurders, waaronder Tesla-topman en X-eigenaar Elon Musk, Apple-topman Tim Cook en David Solomon van Goldman Sachs, tijdens Trump's 36-urige ontmoeting met de Chinese president Xi Jinping.

• Amerikaanse aandelen stegen vorige week sterk, waarbij de S&P 500 en NASDAQ nieuwe recordhoogtes bereikten, ondersteund door sterker dan verwachte werkgelegenheidscijfers voor april en solide winstcijfers in de technologiesector. • De S&P 500 steeg in april met 10,42% en sloot op een recordhoogte van 7.209,01, terwijl de Nasdaq 100 met 15,64% steeg en de Dow 7,14% won, geleid door mega-cap tech en AI-enthousiasme. • De groei van de werkgelegenheid overtrof de prognoses in april, met een stabiele werkloosheid van 4,3%, terwijl de winstcijfers van de Magnificent Seven voor het eerste kwartaal naar verwachting met 45,7% op jaarbasis zullen groeien.

Tim Cook en Elon Musk zullen, samen met andere tech-CEO's, de Amerikaanse president vergezellen op een reis naar China

Gegevens van missies die een kritiek laag sneeuwpakket op bergen in het westen aantonen, slaan alarm bij experts.

• Aziatische techleiders, waaronder Tencent en Alibaba, worden centraal in de wereldwijde AI-boom door enorme investeringen en innovaties. • Het zwaartepunt van de industrie verschuift naar het oosten nu Chinese bedrijven concurrerende AI-modellen en infrastructuur ontwikkelen. • Deze bedrijven dagen de westerse dominantie uit door toepassingen in e-commerce, cloud en consumententechnologie op te schalen.

• Aandelen in Zuid-Korea en Taiwan zijn deze maand wereldwijd het sterkst gestegen, waarbij de Zuid-Koreaanse Kospi-index sinds het begin van het jaar met 78% is gestegen dankzij optimisme over tech-gedreven winsten. • Handelaars positioneren zich erop dat Aziatische technologieleiders de volgende fase van de wereldwijde beursrally zullen aanvoeren, met een focus op halfgeleidings- en elektronicabedrijven in deze markten. • De outperformance onderstreept de cruciale rol van Azië in wereldwijde aandelen, wat het momentum kan behouden als de Amerikaanse en Europese markten stabiliseren.

Parent company of president’s Truth Social platform generated only $870,000 even as net sales were up 6%The parent company of Donald Trump’s Truth Social platform – one of the president’s preferred communications channels – lost nearly $406m in the first three months of the year while generating a little over $870,000 in revenue, according to financial filings.The Trump Media and Technology Group’s quarterly report for January to March 2026 showed that while net sales were up 6% year over year, the company took sizable losses related to other investments. Continue reading...

• Indonesia’s Ministry of Communication and Digital Affairs issued a new regulation on May 8, 2026, requiring all large foreign tech platforms to host at least 60% of their AI models serving Indonesian users within the country by end‑2027. • The rule, framed as a national‑security and data‑sovereignty measure, targets companies including Meta, Google, and major Chinese AI firms, mandating local data‑center partnerships and annual compliance audits conducted by the Indonesia Data Center Association. • Jakarta estimates the mandate could attract $4–6 billion in data‑center investment over five years while enforcing stricter content‑moderation standards for localized models.

• Singapore's Infocomm Media Development Authority (IMDA) announced on May 8 a major initiative to upskill 40,000 tech professionals over the next three years, including final-year information and digital technologies students, to help them stay current with rapid AI advances. • The program expands the TechSkills Accelerator Programme (TeSA) launched in 2016 and falls under the National AI Impact Programme (NAIIP), with strategic partnerships with industry partners to develop AI fluency courses. • AIxTech, a flagship program created by IMDA and AI Singapore, will equip professionals with technical and responsible AI skills throughout the software engineering life cycle, providing access to AI coding tools like Claude, Codex, and Gemini.

• Tokyo's Nikkei 225 fell 1.1% to 62,174 on Friday after briefly crossing 63,000 for the first time during Thursday trading and closing at a record 62,833, marking a pullback from peak valuations. • SoftBank Group, one of Japan's largest stocks, declined over 5%, signaling profit-taking and weakness in the technology sector that had driven the index higher. • The broader Topix slipped 0.29% on Friday to 3,829.48 but remained up 2.7% for the holiday-shortened week, reflecting mixed sentiment as markets digest geopolitical risks.

• VAD Technologies and Data Dynamics announced a strategic partnership on May 8, 2026, to promote sovereign AI solutions throughout the Gulf Cooperation Council (GCC) countries including UAE, Saudi Arabia, and Qatar. • The collaboration focuses on data management platforms enabling localized AI processing to ensure data sovereignty and compliance with regional regulations. • Gulf cybersecurity spending is projected to exceed Dh120 billion ($32.6 billion) in 2026, driven by AI-enhanced threats and sovereign resilience needs.

• Olympic Circuit Technology, a Chinese tech firm traded on the Shanghai Stock Exchange (SHSE:603920), has demonstrated robust growth with revenue forecasts of 29.5% and earnings forecasts of 45.6%, significantly exceeding broader Chinese market averages as of May 2026. • The company's growth metrics position it among high-performing tech stocks in Asia, reflecting strong operational performance and market confidence in its business model and expansion strategy. • The outperformance relative to the broader Chinese market indicates Olympic Circuit Technology's competitive advantages and operational efficiency in a challenging economic environment.

• Kazakhstan launched a comprehensive national AI strategy aimed at building a competitive technology ecosystem and digital infrastructure for regional leadership. • The plan focuses on Central Asia dominance through AI research hubs, talent development, and partnerships with global tech firms. • This initiative matters as it positions Kazakhstan as an emerging AI powerhouse bridging Europe and Asia amid global tech rivalries.

• The S&P 500 rose 0.29% to a record 7,230.12, Nasdaq Composite climbed 0.89% to 25,114.44, while DJIA fell 0.31% to 49,499.27 in the final trading hour on May 1, 2026. • Information technology sector gained 1.4%, driving index growth with only two S&P 500 sectors positive; Apple (AAPL) surged 3.24% to 280.14 after beating earnings and issuing upside guidance, Microsoft (MSFT) rose 1.57% to 414.20 recovering post-earnings. • Year-to-date, Russell 2000 leads at +13.3%, S&P Mid Cap 400 +10.1%, Nasdaq +8.1%, S&P 500 +5.6%, DJIA +3.0%, highlighting small-cap outperformance amid mega-cap momentum.

• Chinese semiconductor equipment makers CCtech and Nextool Technology are deepening presence in SEA's OSAT centers as Malaysia and Singapore emerge as packaging and testing hubs. • Expansion driven by global supply chain shifts, southbound strategies, surging AI demand, and power electronics growth. • The moves signal a new upcycle for test and packaging equipment amid regional semiconductor boom.

• Crossfin is broadening its investment focus into emerging markets outside South Africa following successful exits from Retail Capital, Adumo, and iKhokha. • The firm maintains a strong emphasis on Africa but has established a presence in Mauritius with backing for three businesses. • In 2025, Crossfin launched a Singapore-based investment vehicle targeting opportunities in Southeast Asia, the Middle East, and other regions.

• Twelve Indian tech firms announced funding exceeding $1.1 billion, fueling AI innovation and startup growth in the country's booming sector. • This influx highlights exploding investment in India's tech industry, with focus on AI-driven startups and product development. • The deals position India as a global hub for tech funding, supporting economic expansion amid high AI adoption rates.

The software company said in February it would cut 7,000 jobs but, as it touts new technology, workers are still waiting to hear which roles will goGet our breaking news email, free app or daily news podcastStaff at WiseTech have been waiting almost three months to be told if they’re among the 2,000 people the logistics software company is to cut due to advances in AI, with workers criticising the wait as stressful and “ridiculous”.The comments come as its founder on Tuesday told investors an AI agent could learn a human’s job in just 15 minutes, according to the Australian Financial Review. Continue reading...

• Krutrim successfully pivoted to AI cloud services, achieving profitability and igniting a rally in India's tech sector as of May 5, 2026. • The shift validates India's domestic AI infrastructure development, positively impacting stocks like TCS, Infosys, and RIL. • This milestone signals a growth runway for Indian IT giants, reshaping competition against global players.

• BioNTech revealed plans to close manufacturing sites in Germany and Singapore, impacting up to 1,860 jobs, as it shifts from COVID-19 vaccine production to oncology therapies. • The company, which co-developed the mRNA vaccine Comirnaty with Pfizer, will also repurchase up to $1 billion in shares amid a leadership transition. • This restructuring reflects the post-pandemic decline in demand for COVID vaccines, positioning BioNTech to focus on cancer treatments with greater long-term potential.

• Ecosystem Roundup from e27.co reports that the AI pay gap in Southeast Asia's startup industry has emerged and is accelerating, with AI-skilled workers commanding significantly higher salaries than non-AI peers as of May 5, 2026. • Key details highlight disparities where AI engineers in Singapore, Indonesia, and Malaysia earn 30-50% more than general software developers, driven by demand from firms like Sea Limited and Grab. • This matters as it risks exacerbating talent shortages and inequality across ASEAN tech hubs, potentially slowing non-AI startup growth while fueling AI dominance in Vietnam and Thailand.

• Samsung has launched its 2026 startup acceleration program in India, inviting applications from deep-tech startups to collaborate within its global mobile ecosystem. • The program provides up to $50,000 in grant funding with no equity stake required for Proof-of-Concept (PoC) development, allowing startups to validate and scale innovations. • Building on the success of the initiative launched in 2023, the program aims to bridge the gap between emerging Indian startups and Samsung's established mobile technology infrastructure.

• The Small Business Innovation Research (SBIR) program, providing federal grants to startups, has returned after a historic lapse, offering critical non-dilutive funding for technology innovation. • Founders need to know key changes in eligibility, application processes, and timelines for when funding may flow again to support R&D in AI, cybersecurity, and other tech areas. • This revival boosts US startup ecosystem amid competitive global pressures, enabling early-stage companies to advance prototypes without equity loss.

Agreements with Microsoft, Google DeepMind and xAI focus largely on recognizing cybersecurity, biosecurity and chemical weapons risksThe US government has struck deals with Google DeepMind, Microsoft and xAI to review early versions of their new AI models before they are released to the public.The Center for AI Standards and Innovation (CAISI), part of the US Department of Commerce, announced the agreements on Tuesday, saying the review process would be key to understanding the capabilities of new and powerful AI models as well as to protecting US national security. These collaborations will help the federal government “scale (its) work in the public interest at a critical moment”, the agency said in a press release. Continue reading...