AI
OpenAI has plans for data centres that would require power equivalent to the output of approximately five nuclear reactors, surpassing the requirements of a standard large data centre by at least 100 times. This ambitious project highlights the increasing demand for energy in the tech industry.
Huawei's Technological Advancements
Huawei has distributed samples of its latest innovation, the Ascend 910C, to leading Chinese server companies. 
However, challenges persist with the chip's predecessor, showcasing the competitive nature of the tech market.
The Significance of Fundraising for OpenAI
OpenAI is in pursuit of fundraising amounting to $6.5 billion, a move that could potentially value the company at $150 billion. This endeavor underscores the financial opportunities in the AI sector.
The power demands of major tech giants such as Apple, Amazon, Alphabet, Microsoft, Meta, and Nvidia are raising concerns among investors regarding investments in tech stocks.
Concerns Over AI Misuse in Politics
Recent warnings from US intelligence officials highlight the exploitation of artificial intelligence by foreign entities like Russia, Iran, and China to meddle in the upcoming US election. 
This underscores the potential risks associated with AI advancements in political contexts.
Market Trends in the Tech Industry
Sales of foreign-branded smartphones in China experienced a decline in August, contrasting with a 27% overall increase in handset sales in the country. This fluctuation reflects the dynamic nature of the tech market.
Tech giants Microsoft, Meta, and Google have invested in carbon offsets in the Amazon rainforest, showcasing a commitment to environmental sustainability amidst the increasing use of AI-enabled devices. 
Risks to Chip Supply Chains
The rapid proliferation of AI-enabled devices, combined with factors like climate change, natural disasters, and geopolitical tensions, poses significant challenges to chip supply chains. This highlights the vulnerability of tech infrastructure to external disruptions.
Celebrity Voices on Meta's Platforms
Meta's array of apps, including Facebook, Instagram, and WhatsApp, will feature voices of various celebrities, enhancing user experience and engagement across social media platforms.
Orders for telecom products surged by 16% for the tech leader in August compared to the previous year, while electronic product orders rose by 13.2%, indicating sustained growth in the tech industry.
Corporate Influence on Democracy
A recent report identifies leading companies that allegedly demonstrate the adverse impact of corporate power on democratic processes, raising important questions about the role of tech corporations in shaping societal structures.
Reports suggest that top executives of a Taiwanese tech giant are exploring the construction of a factory comparable to some of their largest production sites, highlighting the company's ambitious expansion plans.
Asia Financial is a subsidiary of Capital Link International Holdings Ltd., situated at 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong, showcasing the global reach of tech companies in the financial sector.
