AGP Executive Report
Last update: 37 minutes agoAI & Cloud Race: Google and Blackstone are teaming up to build an AI cloud business powered by Google’s own chips, targeting 500MW of computing capacity by 2027—another sign the region’s AI boom is shifting from models to massive infrastructure. Payments & Retail: Mastercard and JD.com signed a deal to deepen cross-border payments, supply-chain finance for SMEs, and anti-fraud tools—aimed at making global commerce smoother for travelers and merchants. On-Prem AI Push: Dell is now the on-prem channel for OpenAI’s Codex, bringing the coding agent into customer-controlled data platforms as enterprises resist cloud-only workloads. Sino-US Framework: China says it and the US agreed on “constructive strategic stability,” setting a new guiding paradigm for the next few years. Regional Heat Risk: Bangkok is forecast to become SE Asia’s hottest major city by 2050, with extreme-heat days projected to nearly triple. Public Sector Shake-up (NZ): New Zealand plans to cut public service jobs by ~8,700 and digitise services with AI, aiming for $2.4b in savings. Sports & Asia Access: Australia Cup runner-up Heidelberg United was ruled ineligible for ACL2, dashing its Asia ambitions.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.