<div class=newsTextDataWrapInner><p data-qa-component="item-headline" data-rc-highlight="headline">BENGALURU (Oct 27): Nvidia&nbsp;and Meta said on Tuesday that they would deepen their partnership on the Muse AI assistant and related AI models, with Nvidia investing US$3 billion in the Facebook parent's equity offering.</p></div>

<div class=newsTextDataWrapInner><p>Meta's Muse models and agents, which run on Nvidia infrastructure, will work more closely with the chipmaker to improve performance and reduce costs.</p></div>

<div class=newsTextDataWrapInner><p>Muse, known internally as Hatch, is central to CEO Mark Zuckerberg's plan to deliver "personal superintelligence" to the billions of people who use Meta's services daily.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Modelled on the open-source AI agent OpenClaw, Muse can access a user's email, calendar, payments, health, shopping and smart-home applications, with users able to revoke access at any time.</p></div>

<div class=newsTextDataWrapInner><p>Earlier in the day, Meta increased its equity offering to US$97.5 billion, the largest fundraising in its history, as it accelerates investment in AI infrastructure.</p></div>

<div class=newsTextDataWrapInner><p>The companies may also explore working together more on Nvidia's OpenShell framework, including using it to roll out software safely and using a tool called Sentry to monitor how AI agents behave.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Liza Shireen Koshy</em></p></div>


BENGALURU (Oct 27): Nvidia and Meta said on Tuesday that they would deepen their partnership on the Muse AI assistant and related AI models, with Nvidia investing US$3 billion in the Facebook parent's equity offering.

Nvidia, Meta deepen AI ties with US$3 bil investment deal

Malaysia's technology stocks outperformed on Tuesday, catching the buzz over artificial intelligence (AI) firm Anthropic, which has officially filed for its listing.

Malaysia's tech stocks rally amid Anthropic listing buzz, ViTrox extends gain 

Police arrested two men to assist in investigations into the detention of a tanker vessel, MT Global 168, found to be carrying 1.16 tonnes of ketamine, by Indonesian authorities.

Two men arrested over tanker vessel loaded with 1.16 tonnes of ketamine

Applied Materials Inc boosted its stake in fellow chip-equipment maker BE Semiconductor Industries NV and said it plans to work more closely with the European company, which is becoming a more important part of the artificial intelligence (AI) computing supply chain.

Applied Materials ups stake in BE Semiconductor to about 20%

Universal Music Group, the world’s largest record company, has discussed going private with a few prominent Wall Street firms, according to people familiar with the matter.

Universal Music discussed going private with buyout firms

Samalaju in Sarawak recorded an air pollutant index (API) reading in the unhealthy range at 110, while 46 areas nationwide recorded moderate readings as of 4pm on Tuesday.

Haze mostly lifted, Sarawak's Samalaju only area with unhealthy air reading

Singapore is looking to strengthen the Transboundary Haze Pollution Act (THPA) to address the enforcement gaps in haze-related issues, said Sustainability and Environment Minister Grace Fu.

Singapore eyes stronger transboundary haze law to address enforcement gaps

European shares slipped on Tuesday, dragged down by banking stocks, after disappointing results from HSBC, while investors also turned cautious ahead of US tech earnings, seen as a key test of the artificial intelligence (AI) trade, and central bank meetings that could shape near-term interest-rate outlook.

European shares dip as HSBC results weigh on banks ahead of Big Tech earnings

Mercedes-Benz Group AG cut its profit guidance, joining peers Volkswagen AG and BMW AG after sales in China declined.

Mercedes joins BMW, VW with outlook cut after China slump

Saudi Arabia contained a fire near its biggest oil export terminal at Ras Tanura on the Persian Gulf following an attack in the region, a person with knowledge of the matter said.

Aramco contains fire near Ras Tanura oil hub after attack — Bloomberg

The government has yet to decide whether to provide financial support to financially-distressed AirAsia Group Bhd (KL:AAGB), Transport Minister Anthony Loke Siew Fook said.

Loke: Govt yet to decide on financial support for AirAsia

<p>The government is pursuing legal action, including a civil suit, against Zetrix AI Bhd (KL:ZETRIX) over its failure to remit RM314 million in revenue collected on behalf of the Road Transport Department (JPJ).</p>


Govt to sue Zetrix AI over RM314m JPJ arrears

<p>While global tech stocks teeter, in China they have already crashed as lofty valuations collapse under worries about AI demand and curbs on Chinese exports.</p>


In China, the AI bubble has already burst

<p>The Employees Provident Fund (EPF) must help more Malaysians achieve retirement adequacy by adapting to changing employment patterns while continuing to deliver sustainable returns, said Finance Minister II Datuk Seri Amir Hamzah Azizan.</p>


EPF must help more Malaysians achieve retirement adequacy, says Amir Hamzah

<p>(Oct 27):&nbsp;Malaysia is expected to attract more interest as a data centre hub following the outbreak of the US-Iran war, according to SD Guthrie Bhd (KL:SDG), giving the palm oil giant and the country’s biggest landowner an opportunity to capitalise on the boom.</p>


Iran war boosts Malaysian data centre appeal, SD Guthrie says

<p>CIMB Group Holdings Bhd’s (KL:CIMB) planned sale of its business in the Philippines has drawn interest from local rivals including Bank of the Philippine Islands and Metropolitan Bank &amp; Trust Co, according to people with knowledge of the matter.</p>


CIMB attracts BPI, Metrobank for Philippine unit sale — Bloomberg

<p>French soccer star Kylian Mbappé is facing mounting backlash in China after comments perceived as insulting Mao Zedong, with state TV blocking his matches, social media freezing his accounts and a slew of companies dropping him as ambassador.</p>


Mbappé boycott in China widens after perceived insult to Mao

<p>Malaysia's technology stocks outperformed on Tuesday, catching the buzz over artificial intelligence (AI) firm Anthropic, which has officially filed for its listing.</p>


<h2>Notable filings</h2>

<p>From Oct 5 to 9, notable filings at Bursa Malaysia-listed companies included those at <strong>Salutica Bhd </strong>(KL:SALUTE), in which Singapore-based Fortune Innovative VCC Sub-Fund GEMS High Yield Investment Fund ceased to be a substantial shareholder after dispos...

Insider Moves: Salutica Bhd, Tambun Indah Land Bhd, Lee Swee Kiat Group Bhd, Solarvest Holdings Bhd, Excel Force MSC Bhd, Zetrix AI Bhd

<p>European shares slipped on Tuesday, dragged down by banking stocks, after disappointing results from HSBC, while investors also turned cautious ahead of US tech earnings, seen as a key test of the artificial intelligence (AI) trade, and central bank meetings that could shape near-term interest-rate outlook.</p>


<p>KUALA LUMPUR (Oct 27): The government is considering a proposed Government-Owned Entities Bill to tighten governance of government-linked companies (GLCs) and related agencies, while preventing misappropriation such as that which occurred in 1Malaysia Development Berhad (1MDB), Felda and Tabung Haji.</p>


PM: Proposed Government-Owned Entities Bill to tighten governance, prevent misappropriation

<p>Nestlé (Malaysia) Bhd (KL:NESTLE) reported a 73% jump in net profit for the third quarter, thanks mainly to stronger sales and lower input costs.</p>


Nestlé Malaysia reports 73% jump in 3Q earnings, raises dividend to 80 sen per share

<p>Public Bank Bhd's (KL:PBBANK) investment holding unit LPI Capital Bhd (KL:LPI) saw its net profit drop 15.7% in the third quarter, weighed down by lower investment returns and net fair value losses.</p>


LPI Capital 3Q net profit down almost 16% on lower investment returns

<p>The nexus between business and politics in Corporate Malaysia has always produced a number of casualties. Whenever there was a change in the alignment of power in the government, businessmen who were seen to have been close to the ousted politicians were often punished.</p>

<p>On that score, P...

Alternative Views: What happens after the corporate mafia probe is crucial

<p>KUALA LUMPUR (Oct 27): Impact Capital Holdings Bhd, a Sarawakian technology firm, has launched its ACE Market listing that will raise RM27.6 million for the company and its shareholders.</p>


Sarawak tech firm Impact Capital launches ACE Market IPO at 22 sen per share

<p>Nearly two months after Yinson Holdings Bhd’s (KL:YINSON) largest shareholder, the Lim family (27.7%), and MISC Bhd (KL:MISC) confirmed preliminary talks with another shareholder Employees Provident Fund (17.09%) to take the floating production, storage and offloading (FPSO) company private, a firm intention has yet to be announced.</p>


Frankly Speaking: Yinson privatisation sees longer runway

<p>SINGAPORE (Oct 27): Singaporean state gas buyer GasCo has launched its first procurement exercise to secure term supplies of liquefied natural gas, said Gan Siow Huang, the country's minister of state for energy, trade and industry.</p>


Singapore launches first LNG term supply tender, weighs third import terminal

<p>NEW DELHI/BENGALURU (Oct 27): Oil prices turned positive on Tuesday after a fall of about 1%, earlier in the session, as the chance of talks in Tehran eased fears of a broader Middle East supply shock, while renewed Houthi attacks on Saudi Arabia highlighted persistent risks.</p>


Oil rises slightly as diplomacy hopes counter renewed Houthi attacks

<p>The prosecution on Tuesday concluded its case against Bagan Member of Parliament and DAP adviser Lim Guan Eng in the Penang undersea tunnel graft trial at the Sessions Court here.</p>


Prosecution concludes Guan Eng’s Penang undersea tunnel case

<h3><span style="color:#d35400;">Banks</span></h3>

<p><strong>NOMURA RESEARCH (OCT 13):</strong> We are turning increasingly bullish on Malaysian banks as the recent bond yield spike-driven derating appears overdone, in our view. Our positive stance is based on three key reasons: 1) we think conc...

Brokers Digest: Local Equities - Banks, MN Holdings Bhd, IJM Corp Bhd, Deleum Bhd

<p>The Court of Appeal has dismissed an appeal by Datuk Seri Stanley Thai to intervene in the winding-up proceedings against property unit Sunimax Development Sdn Bhd (SDSB).&nbsp;</p>
