CNA938 Rewind - What's an acceptable use of AI in universities?
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNA
2 hours ago
- CNA
Is it fair to use AI in school?
Scroll up for the next video X Is it fair to use AI in school?
CNA
5 hours ago
- CNA
Bitcoin tops US$120,000 for the first time
SINGAPORE: Bitcoin crossed the US$120,000 level for the first time on Monday (Jul 14), marking a major milestone for the world's largest cryptocurrency as investors bet on long-sought policy wins for the industry this week. Bitcoin scaled a record high of US$121,207.55 in the Asian session on Monday, before pulling back slightly to last trade 1.6 per cent higher at US$121,015.42. Starting on Monday, the United States House of Representatives will debate a series of Bills to provide the digital asset industry with the nation's regulatory framework it has long demanded. Those demands have resonated with US President Donald Trump, who has called himself the "crypto president" and urged policymakers to revamp rules in favour of the industry. "It's riding a number of tailwinds at the moment," said IG market analyst Tony Sycamore, citing strong institutional demand, expectations of further gains and support from Trump as reasons for the bullishness. "It's been a very, very, strong move over the past six or seven days and it's hard to see where it stops now; it looks like it can easily have a look at the US$125,000 level," he said. The surge in bitcoin, which is up 29 per cent for the year thus far, has sparked a broader rally across other cryptocurrencies over the past few weeks even in the face of Trump's chaotic tariffs. Ether, the second-largest token, scaled a more than five-month top of US$3,050.90, while XRP and Solana gained about 3 per cent each. The sector's total market value has swelled to about US$3.78 trillion, according to data from CoinMarketCap. Earlier this month, Washington declared the week of Jul 14 as "crypto week", where members of Congress are set to vote on the Genius Act, the Clarity Act, and the Anti-CBDC Surveillance State Act. The most significant Bill is the Genius Act, which would create federal rules for stablecoins. Elsewhere, prices of crypto-listed exchange-traded funds (ETFs) in Hong Kong similarly surged. Spot bitcoin ETFs launched by China AMC, Harvest and Bosera all scaled record highs, while the three ether ETFs managed by the asset managers were up roughly 2 per cent each.
CNA
5 hours ago
- CNA
Singapore stock market poised for biggest IPO in years
SINGAPORE: Singapore's stock market is poised for its largest listing in eight years on Monday (Jul 14) with the debut of a real estate investment trust (REIT) focused on data centres. Valued at US$773 million, the trust NTT DC REIT is backed by the city's sovereign wealth fund and Japan's NTT group. It is expected to give a much-needed boost to the Singapore Exchange (SGX), which has seen lacklustre interest for major listings in recent years. Data centres are an area of phenomenal growth owing to the global need to store massive amounts of digital data and run energy-intensive artificial intelligence tools. Trading in NTT DC REIT in US dollars will start at 2pm, the managers of the initial public offering said in an announcement on the SGX website. It will be the biggest listing on the exchange since 2017, when fiber network-centred NetLink NBN Trust raised S$2.3 billion (US$1.8 billion). NTT DC REIT is backed by Singapore's GIC, one of the world's biggest sovereign wealth funds, and Japan's telecommunications giant NTT Group. The NTT Group, through its global data center business NTT GDC, is the world's third-largest data centre provider, according to the IPO's prospectus. Singapore is a leading hub for data centres in Asia, with its strategic location at the crossroads of submarine cable routes providing connectivity to the region and beyond. From 2024 to 2027, the power used by data centres is expected to rise at a compounded annual growth rate of 27.5 per cent, following double-digit expansion over the past five years, the prospectus said.
