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Finance

Korea Investment Trust Management lists first joint ETF with CUAM HK in Hong Kong

Korea Investment Trust Management has listed its first jointly developed exchange-traded fund with China Universal Asset Management\'s Hong Kong unit, CUAM HK, on the Hong Kong Stock Exchange. The CUAM Solactive China & Global Semiconductor ETF tracks a Solactive index and invests across 30 semiconductor and related technology companies, including global firms and China and Hong Kong tech companies. The partners plan to use the ETF Connect scheme and pursue further joint ETFs.

AI & Enterprise

AMD, Intel integrate x86 AI software to counter Arm push

AMD and Intel will work together to make AI development on x86 CPUs easier, HotHardware reported. The two companies plan to integrate their PyTorch optimisation technologies into the open-source oneDNN library. The move is expected to let developers use the same software on processors from both companies and reduce the need to optimise AI workloads separately for each CPU. The cooperation is seen as a response to Arm-based competitors.

AI & Enterprise

Tech Insight: AI agent \'wallet wars\' shift from virtual cards to agent tokens

Terry Angelos, a Visa fintech and crypto senior vice president and former DriveWealth CEO, wrote that helping an AI agent pay is different from letting it transact on a user’s behalf. He said agents are evolving from providing answers to completing tasks, making payment authority a key issue. He warned that wallet and virtual-card setups can break relationships and card benefits, and argued agents need payment policies and clear liability. He pointed to card-network standards using agent tokens as a solution.