Tag Archives: Shanghai

29Jul/26

ASML panic and AI circular funding

Historic Tech Plunge: Asian Markets Tumble Amid Fears of Unsustainable AI Spending and New Chinese Rivals

Wed, July 29 2026 /Mpelembe Media/ — The summer of 2026 witnessed a profound global market recalibration as major technology and semiconductor stocks faced a severe sell-off, pushing the tech-heavy Nasdaq-100 index into correction territory. This downturn reflected a fundamental shift in investor sentiment, moving from speculative optimism surrounding artificial intelligence to a rigorous demand for tangible monetization and balance sheet stability. The correction was not triggered by a singular event, but rather by a confluence of escalating capital expenditures, systemic credit risks tied to circular financing, and significant geopolitical shifts in the Asian semiconductor supply chain. Continue reading

06Feb/26

Why the $38 Billion BI Industry Failed Luxury—And How AI is Finally Fixing It

06, Feb. 2026 /Mpelembe Media  —  Digital Luxury Group (DLG) has announced the launch of LuxuryIQ MCP, the first AI data integration layer specifically designed for the luxury industry. Addressing the “data fragmentation” that 38% of luxury executives cite as a primary barrier to AI adoption, the platform consolidates 1.4 billion proprietary and public data points into a system accessible through natural language conversation. Continue reading

27Apr/25

viaim Hosts World’s First Silent Party in Shanghai, Empowering Inclusive Communication Through AI on Earth Day 2025

On April 22, viaim hosted the world’s first “Silent Party” in Shanghai, harnessing its innovative AI-powered RecDot earbuds to bridge communication gaps and empower barrier-free interactions. Dedicated to inclusivity and environmental sustainability, the event celebrated Earth Day by uniting diverse communities, particularly highlighting hearing-impaired individuals, through music and cutting-edge technology. Continue reading

15Nov/22

Facial recognition: An ethical policing tool?

By Samuel Woodhams | Digital rights researcher and journalist

Facial recognition technology made headlines again last month as researchers at the University of Cambridge, UK said that the UK police’s use of the technology was unethical and potentially unlawful. The report from the Minderoo Centre for Technology and Democracy urged police to stop using live facial recognition (LFR) in public spaces and said trials by the Metropolitan Police and South Wales Police failed to meet the “minimum legal and ethical standards.” Continue reading
25Oct/22

Upland Brings Fashion and Fine Art to the Metaverse with Iconic Jacky Tsai MetaSkull Collection

London-based contemporary artist Jacky Tsai and his fashion-forward MetaSkull Collection become the designer’s first foray into the metaverse debuting in Upland, the largest open metaverse mapped to the real world. Fans of the Shanghai-born designer around the world and the Upland community will have the unique opportunity to collect and trade three different rarities of the iconic MetaSkull in the form of digital collectibles, Upland’s coveted Block Explorers, and structural decor used to decorate metaverse neighborhoods in time for Halloween. Continue reading