UBS Group AG’s Asia Pacific President Iqbal Khan said artificial intelligence will free up capacity and improve productivity but also have an impact on jobs.
Iqbal Khan, president of Asia Pacific and co-head of global wealth management at UBS Group AG, during a Bloomberg Television interview on the sidelines of the UBS Asian Investment Conference in Hong Kong, China, on Wednesday, 28, 2025. Wealthy customers of UBS are looking to buy more alternative assets as they seek to diversify investments during a volatile period for markets and global trade, according to Khan. Photographer: Lam Yik/Bloomberg
MiniMax Group Inc.’s annualized revenue more than doubled over the past two months to at least $300 million, as the Chinese AI upstart prepares to roll out its next flagship model to entice developers and enterprise clients.
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