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AI & Enterprise

Arm says agent AI could more than quadruple datacentre CPU core demand

Arm CEO Rene Haas said the spread of agent AI is lifting datacentre CPU demand faster than Arm expected. Speaking at a Computex keynote, he said the number of CPU cores needed in datacentres could rise to more than four times the current level under the same power conditions. Haas said agent AI shifts workloads such as token management and execution to CPUs. Arm has entered the AI datacentre CPU market with its Arm AGI CPU.

AI & Enterprise

Bonanza Lab shifts digital asset data service infrastructure to Oracle Cloud

Bonanza Lab, a digital asset data specialist, is moving its digital asset data solution to Oracle Cloud Infrastructure. Korea Oracle said Bonanza Lab expects the migration to cut cloud costs by about 50 percent compared with its previous setup. The company also simplified real-time data collection, processing and service operations on OCI to improve management efficiency. Its solution collects and analyses data from multiple digital asset exchanges and on-chain sources.

Finance

Shinhan Bank expands productive finance cooperation with OCI Holdings

Shinhan Bank said on Tuesday it signed a business agreement with OCI Holdings at OCI Building in central Seoul to expand support for productive finance and joint cooperation for future growth. The agreement aims to widen financial backing for sectors such as semiconductors, advanced materials and solar power. The two sides plan to pursue financing and arranging support for facility investment and working capital, and cooperate on building a global solar value chain. It also includes green finance to support ESG management and carbon neutrality.