Live Q&A: Will the Future of AI Be Led By the US or China?
Annabelle Droulers
Newley Purnell
Artificial intelligence is the latest frontier in the technological rivalry between the US and China — both in terms of the advances in AI models and services, and in the partnerships both nations are forging with countries around the world as they compete to establish AI dominance. In a Live Q&A, Bloomberg anchor Shery Ahn, tech reporter Annabelle Droulers, Asia AI reporter Saritha Rai and Asia tech reporter Newley Purnell discuss the latest developments in the race for AI supremacy.
Tune in on Friday, June 27 at 10 a.m. HKT. Bloomberg digital subscribers and Terminal clients have the exclusive opportunity to ask our team live questions. This conversation will be recorded and be made available to listen and share. You can watch the new Bloomberg Tech: Asia show on Bloomberg.com or on the Bloomberg Tech YouTube page.
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Associated Press
13 minutes ago
- Associated Press
Israel-Iran war highlights Asia's dependence on Middle East oil, and slow progress on clean energy
HANOI, Vietnam (AP) — Asia's dependence on Middle East oil and gas — and its relatively slow shift to clean energy — make it vulnerable to disruptions in shipments through the Strait of Hormuz, a strategic weakness highlighted by the war between Israel and Iran. Iran sits on the strait, which handles about 20% of shipments of the world's oil and liquefied natural gas, or LNG. Four countries — China, India, Japan and South Korea — account for 75% of those imports. Japan and South Korea face the highest risk, according to analysis by the research group Zero Carbon Analytics, followed by India and China. All have been slow to scale up use of renewable energy. In 2023, renewables made up just 9% of South Korea's power mix — well below the 33% average among other members of the Organization for Economic Cooperation and Development, or OECD. In the same year, Japan relied more heavily on fossil fuels than any other country in the Group of Seven, or G7. A truce in the 12-day Israel-Iran war appeared to be holding, reducing the potential for trouble for now. But experts say the only way to counter lingering uncertainty is to scale back reliance on imported fossil fuels and accelerate Asia's shift to clean, domestic energy sources. 'These are very real risks that countries should be alive to — and should be thinking about in terms of their energy and economic security,' said Murray Worthy, a research analyst at Zero Carbon Analytics. Japan and South Korea are vulnerable China and India are the biggest buyers of oil and LNG passing through the potential chokepoint at the Strait of Hormuz, but Japan and South Korea are more vulnerable. Japan depends on imported fossil fuels for 87% of its total energy use and South Korea imports 81%. China relies on only 20% and India 35%, according to Ember, an independent global energy think tank that promotes clean energy. 'When you bring that together — the share of energy coming through the strait and how much oil and gas they rely on — that's where you see Japan really rise to the top in terms of vulnerability,' said Worthy. Three-quarters of Japan's oil imports and more than 70% of South Korea's oil imports — along with a fifth of its LNG — pass through the strait, said Sam Reynolds of the Institute for Energy Economics and Financial Analysis. Both countries have focused more on diversifying fossil fuel sources than on shifting to clean energy. Japan still plans to get 30-40% of its energy from fossil fuels by 2040. It's building new LNG plants and replacing old ones. South Korea plans to get 25.1% of its electricity from LNG by 2030, down from 28% today, and reduce it further to 10.6% by 2038. To meet their 2050 targets for net-zero carbon emissions, both countries must dramatically ramp up use of solar and wind power. That means adding about 9 gigawatts of solar power each year through 2030, according to the thinktank Agora Energiewende. Japan also needs an extra 5 gigawatts of wind annually, and South Korea about 6 gigawatts. Japan's energy policies are inconsistent. It still subsidizes gasoline and diesel, aims to increase its LNG imports and supports oil and gas projects overseas. Offshore wind is hampered by regulatory barriers. Japan has climate goals, but hasn't set firm deadlines for cutting power industry emissions. 'Has Japan done enough? No, they haven't. And what they do is not really the best,' said Tim Daiss, at the APAC Energy Consultancy, citing Japan's program to increase use of hydrogen fuel made from natural gas. South Korea's low electricity rates hinder the profitability of solar and wind projects, discouraging investment, a 'key factor' limiting renewables, said Kwanghee Yeom of Agora Energiewende. He said fair pricing, stronger policy support and other reforms would help speed up adoption of clean energy. China and India have done more — but gaps remain China and India have moved to shield themselves from shocks from changing global energy prices or trade disruptions. China led global growth in wind and solar in 2024, with generating capacity rising 45% and 18%, respectively. It has also boosted domestic gas output even as its reserves have dwindled. By making more electricity at home from clean sources and producing more gas domestically, China has managed to reduce imports of LNG, though it still is the world's largest oil importer, with about half of the more than 11 million barrels per day that it brings in coming from the Middle East. Russia and Malaysia are other major suppliers. India relies heavily on coal and aims to boost coal production by around 42% from now to 2030. But its use of renewables is growing faster, with 30 additional gigawatts of clean power coming online last year, enough to power nearly 18 million Indian homes. By diversifying its suppliers with more imports from the U.S., Russia and other countries in the Middle East, it has somewhat reduced its risk, said Vibhuti Garg of the Institute for Energy Economics and Financial Analysis. 'But India still needs a huge push on renewables if it wants to be truly energy secure,' she said. Risks for the rest of Asia A blockade of the Strait of Hormuz could affect other Asian countries, and building up their renewable power generating capacity will be a 'crucial hedge' against the volatility intrinsic to importing oil and gas, said Reynolds of the Institute for Energy Economics and Financial Analysis Southeast Asia has become a net oil importer as demand in Malaysia and Indonesia has outstripped supplies, according to the ASEAN Centre for Energy in Jakarta, Indonesia. The 10-nation Association of Southeast Asian Nations still exports more LNG than it imports due to production by Brunei, Indonesia, Malaysia, and Myanmar. But rising demand means the region will become a net LNG importer by 2032, according to consulting firm Wood Mackenzie. Use of renewable energy is not keeping up with rising demand and production of oil and gas is faltering as older fields run dry. The International Energy Agency has warned that ASEAN's oil import costs could rise from $130 billion in 2024 to over $200 billion by 2050 if stronger clean energy policies are not enacted. 'Clean energy is not just an imperative for the climate — it's an imperative for national energy security,' said Reynolds. ___ The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at
Yahoo
13 minutes ago
- Yahoo
Why Your 9-to-5 Feels More Like 24/7, Report Says
One in three employees feels that the pace of work in today's world has become impossible to keep up with, new research by Microsoft (NASDAQ:MSFT) found. In its 2025 Work Trend Index Annual Report, Microsoft charts the emergence of what it calls a "Frontier Firm," or a company that's "redesigning business processes around AI and agents to scale rapidly, operate with agility, and generate value faster than traditional companies." These new, ultraproductive companies will be hindered by one major roadblock: the seemingly infinite workday. Don't Miss: GoSun's breakthrough rooftop EV charger already has 2,000+ units reserved — become an investor in this $41.3M clean energy brand today. Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. This infinite workday "starts early, mostly in email, and quickly swells to a focus-sapping flood of messages, meetings, and interruptions," the report says. An average employee is online by six am, reviewing a fraction of the 117 emails they'll receive that day. By the time they're entering peak productivity hours, between 9 a.m. and 11 a.m. and again between 1 p.m. and 3 p.m., they're knee-deep in meetings and receiving workflow interruptions every two minutes. Things aren't winding down in the evening, either. Microsoft's data shows that there has been a 16% increase in meetings after 8 p.m. year-over-year. Additionally, the average employee receives 50+ teams messages outside of core work hours. Trending: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100. All of this leads to a sense of exhaustion and an increased mental load. Just under half of all employees, 48%, and a full 52% of leaders say their "work feels chaotic and fragmented," thanks to the frenetic pace and constant digital noise. Microsoft says that while the trend of the 24/7 workday is concerning, it doesn't have to be that way. "AI can give us the leverage to redesign the rhythm of work, refocus our teams on new and differentiating work, and fix what has become a seemingly infinite workday. The question isn't whether work will change. It's whether we will," the report reads. Outsourcing mundane tasks is a good place to start. "By deploying AI and agents to streamline low-value tasks—status meetings, routine reports, admin churn—leaders can reclaim time for what moves the business: deep work, fast decisions, and focused execution," the report says. But it's "agent bosses" or "human agent teams" that are the real future of work, the report says. This new generation of professionals will work smarter, not harder, by deploying AI agents to do the most routine aspects of their work so that they can focus on what matters most, "fast, high-quality insights that benefit the entire team." See Next: $100k in assets? Maximize your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $100. Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? MICROSOFT (MSFT): Free Stock Analysis Report This article Why Your 9-to-5 Feels More Like 24/7, Report Says originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Android Authority
13 minutes ago
- Android Authority
Xiaomi launches its newest budget fitness tracker, the Xiaomi Smart Band 10
Xiaomi TL;DR An official Xiaomi press release reveals all about the newly launched Xiaomi Smart Band 10. The device debuts with a 1.72-inch display, AI-powered fitness tracking, heart rate broadcasting, and deeper integration across Xiaomi's ecosystem. Pricing for the Xiaomi Smart Band 10 starts at 269 RMB (~$37), though global pricing is not yet available. After weeks of leaks and speculation, Xiaomi has officially pulled back the curtain on the Smart Band 10, the latest addition to its wildly popular fitness tracker lineup. An official press release announcing the Smart Band 10 debuts key design tweaks, upgraded fitness tracking features, and deeper integration with Xiaomi's growing ecosystem. Up front, the tenth-generation band boasts a larger 1.72-inch AMOLED display, thanks to narrower (and now symmetrical) bezels. Combined with the screen's 1,500 nits peak brightness and a 60Hz refresh rate, that should translate to more vibrant visuals and smoother interactions. Xiaomi According to the product page on Xiaomi's website, the device is available in three metallic finishes of Midnight Black, Glacial Silver, and Mystic Rose, or as a premium ceramic edition in white. However, the company's press release also mentions a green metallic option as well as additional ceramic variants. Regional availability may vary. All builds can be paired with a broad range of strap materials, ranging from fluororubber to leather to a knitted silk band. The tracking pill can also still be worn beyond the wrist, including on the new metallic pearl chain available for wearing the device as a pendant. Users can also personalize the device with a large selection of watch faces, including designs featuring entertaining mini-games. The tracker retains the line's design still and can be paired with a variety of band materials or even worn beyond the wrist. As far as fitness tracking capabilities are concerned, the band builds on its predecessors with a new 9-axis motion sensor, more than 150 workout modes, AI-powered training tools, and key upgrades that align the device with growing market trends. Users can expect personalized recovery plans and adaptive insights, swim stroke detection, on-wrist running guidance, and enhanced sleep detection. The Xiaomi Smart Band 10 is also the first in the series to support heart rate broadcasting, making it a more capable companion for serious athletes dependent on connected fitness apps. Xiaomi For users already embedded in Xiaomi's ecosystem, the Smart Band 10 also offers tighter device integration. From their wrists, users will be able to control a wide range of products, including everything from tablets to thermostats. Xiaomi also announced a modular desktop dock that can act as both a speaker and a smart alarm hub. Meanwhile, the band features a battery life claim of up to 21 days to provide plenty of usage between charges. With Always-on display enabled, that spec is cut down to 9 days. Despite added features and a larger display, the Smart Band 10 still boasts up to 21 days of battery life. The Xiaomi Smart Band 10 starts at 269 RMB (~37) for the standard metal model, while the NFC-enabled version is priced at 319 RMB (~$44). The top-tier ceramic edition comes in at 379 RMB (~$52). As with previous generations, global availability is expected to follow soon, though Xiaomi has yet to confirm an international release date. Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.
