Tag: AI

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Qualcomm shares drop as memory shortfall clouds outlook

Qualcomm shares fell Thursday as investors reacted to warnings that industry-wide memory supply constraints are hurting the company’s near-term handset outlook, overshadowing record quarterly revenue and a confident long-term strategy.

Oracle financing plan stokes AI investment concerns

Shares of Oracle Corp. ended lower Monday after the company unveiled plans to raise up to USD50 billion in debt and equity to expand its cloud infrastructure, reviving market concerns that returns from its artificial intelligence investments may take years to materialize.

Tariffs rattle, AI thrives: Gruppo EMS builds ahead 

Amid escalating US-China trade tensions and renewed tariff uncertainty from Washington, EMS Group of Companies is expanding production, accelerating its push into artificial intelligence hardware, and positioning the Philippines as an increasingly strategic alternative manufacturing base for global electronics firms.

Cisco bolsters Partner Program for AI era 

Cisco has hit reset on its partner strategy with the launch of the Cisco 360 Partner Program, a major overhaul shaped through 15 months of co-design with its global ecosystem. The move underscores Cisco’s belief that in a fast-moving AI market, partners are no longer just routes to market—they are the strategy.

Megaworld brings AI-powered homes in Philippines

As artificial intelligence reshapes daily life, Megaworld is rolling out AI-powered homes in the Philippines, offering developments that are intuitive, responsive, and aligned with modern lifestyles.

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Nine power gencos vie to supply Meralco 600 MW

At least nine power generation firms have signalled their interest in joining the competitive selection process to supply 600 megawatts of baseload power to the Manila Electric Company.

DOE sets December date for offshore wind auction; fuel supply levels updated

The Department of Energy announced Tuesday that the suspension of the fifth Green Energy Auction Program will end in September, with the actual bidding for up to 3,300 megawatts of offshore wind capacity targeted for December 1, 2026.

DOE: Inter-agency talks key to system loss charge removal 

The Department of Energy (DOE) says it will hold a series of meetings with other government bodies to carry out President Marcos’ order to scrap systems loss charges and their corresponding value added tax, a move meant to bring down electricity costs for all consumers.

GSIS eyes zero-interest HMO financing for gov’t workers, launches G-HEALTH program 

The Government Service Insurance System (GSIS) has formally launched its G-HEALTH initiative, signing its first agreement with Maxicare Healthcare Corporation to support President Ferdinand R. Marcos Jr.’s goal of improving healthcare benefits for state employees.

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