Google opens new AI engineering centre in Taiwan

Google has announced a $2 billion investment in a data center in Turkey in partnership with Turkcell. This initiative is part of Google's strategy to expand its infrastructure and services in the region, aiming to enhance connectivity and support local businesses. The investment reflects a growing trend of tech companies increasing their presence in emerging markets.

Nvidia has announced plans to establish its headquarters in Taiwan, specifically at the Beitou Shilin Technology Park. This move signifies Nvidia's commitment to expanding its operations in the region, which is becoming increasingly important in the global tech landscape.

Taiwan's stock market closed lower, with the Taiwan Weighted index declining by 2.52%. This downturn reflects negative investor sentiment amid ongoing economic uncertainties. The market's performance is indicative of broader challenges faced by investors in the region.

Bloomberg Intelligence's Mandeep Singh discusses the positive reception of Google's Gemini 3 artificial intelligence model, highlighting the factors contributing to its acclaim and implications for the company's stock performance. He shares insights during a segment on 'Bloomberg Tech' with Caroline Hyde and Ed Ludlow.

Sundar Pichai, CEO of Google, stated that the role of a CEO is among the 'easier things' that artificial intelligence (AI) could potentially replace. He highlighted that advancements in AI could assist individuals in making decisions regarding medical treatments and stock investments.

Loop Capital analyst Rob Sanderson has upgraded Alphabet's stock rating from hold to buy, raising the price target to $320. This marks a significant shift in Sanderson's stance, as he has previously been cautious about the company's performance. The upgrade reflects growing optimism in the market regarding Alphabet's prospects.

On November 14, Google’s YouTube and The Walt Disney Company announced an agreement to restore Disney-owned networks on YouTube TV after a two-week blackout. This resolution allows millions of subscribers to regain access to popular channels such as ABC, ESPN, and The Disney Channel.

China has reinstated its ban on Japanese seafood imports, citing escalating tensions following comments made by Japan's Prime Minister regarding Taiwan. The Chinese foreign ministry stated that there is currently 'no market for Japanese seafood.' This marks a significant deterioration in Sino-Japanese relations, which have been strained for years.