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Chip-maker Intel to cut 15,000 jobs

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US chip-maker Intel has said it plans to cut more than 15,000 job cuts as it seeks to revive the business and catch up with competitors.

Shares in the company plunged by up to 20% after it announced the measures, and also reported falling sales.

The news from Intel also hit other shares in other tech giants, and contributed to a sharp fall in Asian stock markets.

Japan’s Nikkei share index closed down 5.8%, the largest percentage fall since March 2020 at the start of the pandemic, with Japanese tech firms among the biggest losers.

Source – BBC

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Sri Lanka leads South Asia in AI job growth, ranks second in ChatGPT usage: World Bank

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Sri Lanka has emerged as one of South Asia’s most AI-exposed economies, with strong growth in artificial intelligence–related jobs but also mounting risks of job displacement, according to the World Bank’s South Asia Development Update: Jobs, AI, and Trade (October 2025).

The report’s latest chapter, “Artificial Intelligence, Real Impact: Labor Market Implications of AI Adoption in South Asia,” finds that Sri Lanka and Bhutan have the highest AI exposure in the region, reflecting their relatively skilled and educated workforces. 

“Within South Asia, exposure varies by country: Nepal has the lowest average exposure, while Bhutan and Sri Lanka exhibit the highest exposure rates, reflecting their relatively more skilled and educated workforces,” the report states.

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BYD breaks record for world’s fastest car

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BYD’s Yangwang U9 “Xtreme” supercar recorded a blistering top speed of 496.22km/h (308 miles per hour) at a test track in Germany earlier this month, the Chinese EV maker said.

That’s a record for a production car, handily beating the 490.5 km/h (304.7 mph) set by Bugatti’s Chiron Super Sport in 2019 and marking the first time the title of world’s fastest car has been held by an EV.

The Xtreme is a high-performance version of Yangwang U9, BYD’s pothole-jumping hypercar, which costs around $233,000 in China.

BYD said just 30 units of the ultra-fast variant, which features an upgraded powertrain and battery system, will be made.

It means that as well as boasting the world’s cheapest EVs, China is now home to the fastest.

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Sri Lanka launches largest Sinhala LLM with 10 million sentences (SinLlama)

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Research students at the Department of Computer Science and Engineering, University of Moratuwa have developed the country’s first large-scale large language model (LLM) that exclusively include Sinhala, a breakthrough in advancing local language computing.

This project was jointly supervised by Dr Surangika Ranathunga (Massey University, New Zealand), Dr Nisansa de Silva (University of Moratuwa) and Dr Rishemjit Kaur (Central Scientific Instruments Organisation, India).

The model, named “SinLlama,” was built by continually pre-training Llama-3-8B with nearly 10 million Sinhala sentences. According to the research team, SinLlama is the largest Sinhala LLM to date and has already outperformed Llama-3-8B on Sinhala text classification benchmarks.

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