The Japan Times
Poor planning fuels Bangladesh contraceptive crisis
A worker arranges packets of condoms at a pharmacy in Dhaka. Bangladesh's family planning system is buckling under severe contraceptive shortages. DHAKA - Bangladesh's once-praised family planning system is buckling under severe contraceptive shortages, raising fears of a rise in unplanned pregnancies in one of the world's most densely populated countries. For decades, the South Asian nation was hailed as a success for slashing birth rates through an expansive state-backed family planning program that sent field workers door to door with pills, condoms and advice on birth spacing. But that system is now faltering, with government clinics across the country of 170 million people running out of basic contraceptives after procurement failures and administrative disruption left supplies depleted in nearly a third of districts. In a time of both misinformation and too much information, quality journalism is more crucial than ever.
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TDK ready to step up investment to ride AI wave
TDK CEO Noboru Saito says the firm is prepared to add investments to ride the global boom in generative artificial intelligence. Electronics component linchpin TDK is prepared to add to what is already its biggest capital spending campaign ever in a push to ride the global boom in generative artificial intelligence. The company has added ¥100 billion ($640 million) to its multiyear investment plan each year since it rolled it out in 2024, and now CEO Noboru Saito says the effort may accelerate to match an expected surge in orders and demand. "Should promising prospects arise, our commitment is to make timely and opportunistic investments," Saito, 59, said in an interview. "If we don't sow the seeds for medium-to long-term growth now, we won't be able to reap the harvest later." In a time of both misinformation and too much information, quality journalism is more crucial than ever.
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Japan megabanks set to win Mythos access after Bessent visit
MUFG Bank, Mizuho Bank and Sumitomo Mitsui Banking are all likely to gain access to Anthropic's artificial intelligence model, Mythos. Japan's three megabanks are set to secure access to Anthropic's artificial intelligence model, Mythos, according to a person familiar with the matter, after its limited release last month sparked fears of a new age of cybersecurity risks. MUFG Bank, Sumitomo Mitsui Banking Corp. and Mizuho Bank are all likely to gain access to the artificial intelligence model developed by the U.S. firm, the person said, asking not to be identified because the information is private. The planned access was earlier reported by Nikkei. The move comes as financial institutions around the world grow alarmed about the risks created by Mythos, which has an unprecedented ability to detect software vulnerabilities. That has raised concerns that hackers could use Mythos to disrupt critical infrastructure, and access has so far been limited to a small number of U.S. companies and organizations.
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Musk's xAI races to get Wall Street firms to use Grok chatbot
Musk's xAI races to get Wall Street firms to use Grok chatbot A chat window for chatbot Grok. Musk's artificial intelligence venture, xAI, is moving with urgency to boost revenue by selling chatbot subscriptions and access to its computing resources before SpaceX's expected IPO next month. Billionaire Elon Musk's xAI has recruited multiple Wall Street firms with ties to his business empire to test its Grok chatbot, according to people familiar with the matter, part of a push to bolster revenue ahead of parent company SpaceX's initial public offering. Apollo Global Management and Morgan Stanley have begun using Grok internally alongside software from other AI model makers, said the people, who spoke on condition of anonymity as the information is not public. Valor Equity Partners is also using Grok, the people said. Despite some banks signing up for Grok, financiers are rarely using the chatbot for work, some of the people said.
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SoftBank profit jumps, emboldens Son to bet more on OpenAI
SoftBank Group has reported a surge in quarterly profit due to valuation gains on its OpenAI investment, boosting confidence at the Japanese company to bet even more on the ChatGPT-maker. The gains on OpenAI outweighed lackluster investment gains elsewhere in the Tokyo-based technology group's portfolio while war in the Middle East roiled markets. That points to growing reliance on the U.S. startup, which faces rising competition from Anthropic and Google and is reportedly trailing its highest internal targets. SoftBank earned a net income of ¥1.83 trillion ($11.6 billion) in its fiscal fourth quarter, compared with the average analyst estimate of ¥295.2 billion. The profit could be attributed entirely to its booking $25 billion in valuation gains on OpenAI in the quarter, according to Bloomberg Intelligence analyst Kirk Boodry. In a time of both misinformation and too much information, quality journalism is more crucial than ever.
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Why brain implants are more than a sci-fi fantasy
Science fiction has long imagined a world where our brains interact with machines to restore and augment our abilities -- think of the neural implants that connected to Geordi La Forge's visor in Star Trek or allowed Alex Murphy to be reborn as cyborg law enforcer in RoboCop. In the real world, researchers have been working for decades on so-called brain-computer interfaces to help people who suffer from paralysis, blindness, hearing loss, and more, regain function. Some individuals have used these devices to control a computer cursor with their minds; others have managed to move a robotic arm or transcribe some of their thoughts into text. The technology is still nascent and the number of people who have received implants is only in the hundreds. Just a few companies have received regulatory approval to progress beyond clinical trials to commercial use -- and even that's for limited applications.
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SoftBank plans to make large-scale batteries for AI data centers
SoftBank will partner with South Korea's Cosmos Lab and DeltaX to enable mass production of large-scale battery cells from the fiscal year starting next April. SoftBank Group's mobile unit said it plans to begin large-scale battery cell manufacturing at its plant in Sakai, Osaka Prefecture, to address growing power demand for AI services. SoftBank Corp. will partner with South Korea's Cosmos Lab and DeltaX to enable mass production from the fiscal year starting next April, the company said in a statement Monday. The aim is to output energy storage systems at a scale of one gigawatt-hour per year, SoftBank said, which would make it one of the largest facilities in Japan, according to data from BloombergNEF. SoftBank could scale up to a capacity of several GWh, Bloomberg reported last month.
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Drone strikes ship near Qatar; South Korea reports attack on one of its vessels
A member of NOPO, Iran's counter-terrorism special force, stands guard under a billboard of Iran's late supreme leader, Ayatollah Ali Khamenei, in Tehran, on April 23. Doha - A drone struck a commercial vessel in Qatari waters on Sunday, the country's defense ministry said, after Iran's Islamic Revolutionary Guards threatened to target U.S. vessels in the region. Arch-foes the United States and Iran have been clashing in the Gulf and trading accusations in recent days, as Washington waits for Tehran to respond to its latest negotiating position. A commercial cargo vessel in the country's territorial waters -- northeast of Mesaieed Port -- coming from Abu Dhabi, was targeted by a drone on Sunday morning. The incident resulted in a limited fire on board the vessel, with no reported injuries, the Qatari ministry said on X.
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Top Google scientist says EU data measures pose privacy risk for users
A top Google scientist warned EU antitrust regulators that its proposal requiring the company to share search engine data with rivals risked exposing users' private information. BRUSSELS - A top Google scientist sent a warning to EU antitrust regulators on Tuesday that its proposal requiring the company to share search engine data with rivals such as OpenAI risked exposing users' private information, the sternest rebuke yet in a tussle over Google's lucrative business model. The European Commission, which acts as the EU competition enforcer, has in recent years cracked down on Big Tech via a slew of legislation to ensure that users have more choices and that smaller rivals have room to compete. However, that has triggered the ire of the U.S. government. Sergei Vassilvitskii, with the title of distinguished scientist at Google since 2012 and regarded a leader in his field, will meet EU antitrust officials on Wednesday to voice his concerns and propose a broader approach with better guardrails.
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AI's hottest private companies have booming crypto shadow market
AI's hottest private companies have booming crypto shadow market Crypto platforms are offering trades tied to the most valuable private artificial intelligence companies on earth -- such as Anthropic -- that ordinary investors have almost no other way to access. The race to sell retail investors a piece of the artificial intelligence boom has gone mainstream -- closed-end funds, interval funds, special-purpose vehicles (SPVs). Now, crypto platforms are offering trades tied to the most valuable private AI companies on earth -- ones ordinary investors have almost no other way to access. The result is a new frontier in the financialization of private markets: crypto infrastructure, once the domain of digital token speculation, being redeployed to give traders a way to bet on Anthropic, OpenAI and SpaceX -- in real time, 24 hours a day, with leverage. Ventuals and PreStocks, two crypto venues riding that shift, have seen their trading activity -- measured by open interest and market value combined -- surge more than threefold since the start of the year to last month.