Asian markets were mixed on Wednesday, with Japan's Nikkei 225 edging up and Hong Kong's Hang Seng adding 0.2%, while the Shanghai Composite remained nearly unchanged. Wall Street's S&P 500 dropped 1.1% on Tuesday, continuing its volatile swings, as investors awaited the U.S. Federal Reserve's decision on interest rates.
Japan's most advanced public supercomputer, ABCI 3.0, has begun operation at the National Institute of Advanced Industrial Science and Technology (AIST) Kashiwa campus. The supercomputer, which boasts the highest computing capacity of any public supercomputer in Japan, will be used to develop "multimodal generative AI" and integrate this technology with robots.
Fujitsu is revolutionizing its recruitment strategy by hiring year-round and offering flexible pay, breaking from tradition and aligning with the company's new job-based pay system. This move aims to attract skilled professionals and top talent, reflecting the evolving landscape of the Japanese employment market.
The rollout of an AI system designed to help child welfare centers identify abusive situations has been postponed due to concerns about its accuracy and reliability. The AI frequently missed significant signs of severe abuse during trials, prompting the Children and Families Agency to delay its introduction.
Asian markets rose on Friday, shrugging off another decline on Wall Street, with markets in China gaining after state-run banks were ordered to do more to help spur consumer spending. Meanwhile, Wall Street's sell-off deepened as President Donald Trump's escalating trade war dragged the S&P 500 more than 10% below the record it set last month.