Honda Executive Resigns over 'Inappropriate Conduct'

The firm's audit committee had investigated the incident and presented a disciplinary action plan to the board of directors, who were "scheduled to make a decision" - AFP
The firm's audit committee had investigated the incident and presented a disciplinary action plan to the board of directors, who were "scheduled to make a decision" - AFP
TT

Honda Executive Resigns over 'Inappropriate Conduct'

The firm's audit committee had investigated the incident and presented a disciplinary action plan to the board of directors, who were "scheduled to make a decision" - AFP
The firm's audit committee had investigated the incident and presented a disciplinary action plan to the board of directors, who were "scheduled to make a decision" - AFP

Honda's executive vice president resigned on Monday over "an allegation of inappropriate conduct", the Japanese automaker said.

The incident occurred "during a social gathering outside of work hours", Honda said in a statement, without detailing the accusations made against Shinji Aoyama, who is also the company's director.

"It is deeply regrettable that an individual positioned as a leader in the management of the company, and who is expected to set an example for the respect of human rights... has become the subject of an allegation of conduct contrary to these principles," it said, AFP reported.

The firm's audit committee had investigated the incident and presented a disciplinary action plan to the board of directors, who were "scheduled to make a decision".

But Aoyama submitted his resignation letter before the board had made any move, the statement said.

"The Company's Board of Directors has determined that it is appropriate for Mr. Aoyama to resign from his position," it added.

Honda President Toshihiro Mibe will voluntarily return 20 percent of his monthly compensation for two months due to "the seriousness of this matter", the company said.

"The company sincerely apologizes for any discomfort caused by such conduct, and for the significant disturbance and concern it has caused to all stakeholders."



In Hollywood, AI's No Match for Creativity, Say Top Executives

US filmmaker Steven Spielberg says he has never used AI in his award-winning films, and he doesn't support AI if it takes work from creatives. Jean Baptiste Lacroix / AFP
US filmmaker Steven Spielberg says he has never used AI in his award-winning films, and he doesn't support AI if it takes work from creatives. Jean Baptiste Lacroix / AFP
TT

In Hollywood, AI's No Match for Creativity, Say Top Executives

US filmmaker Steven Spielberg says he has never used AI in his award-winning films, and he doesn't support AI if it takes work from creatives. Jean Baptiste Lacroix / AFP
US filmmaker Steven Spielberg says he has never used AI in his award-winning films, and he doesn't support AI if it takes work from creatives. Jean Baptiste Lacroix / AFP

Artificial intelligence is transforming Hollywood at a pace that has sent shockwaves through creative industries, but human creativity will always prevail, a leading executive at the cutting edge of that change told AFP.

The disruption was a dominant theme at this week's South by Southwest conference in Austin, Texas where veteran director Steven Spielberg made clear he was drawing a line in the sand.

"I've never used AI on any of my films yet. We have a writer's room. All the seats are occupied," Spielberg said. "I am not for AI if it replaces a creative individual."

Joshua Davies, chief innovation officer of Artlist -- an AI video platform that has most recently been positioning itself as a supplier of creative tools to filmmakers -- told AFP the technology would never eclipse the human creative.

If given the choice between something made using an AI told by a techie and a creative, "I know which one I would rather watch at the end," said Davies, who founded video editing software company FXhome before it was acquired by Artlist in 2021.

Davies acknowledged the industry's anxiety was not unfounded, with new video models having "struck fear in the hearts of everybody" -- not just over copyright and personality infringement, but over the fundamental question of how film and television production will look in a matter of years.

"If I was bringing out an Iron Man movie in 2027, 2028 -- would I be going to multiple visual effects houses, would I expect them to be utilizing AI? We're all kind of working out our way through that," he said.

Davies described the platform's AI video tools as a way to "fill in the bits that you can't shoot, or didn't shoot, or you don't have the budget to shoot," rather than a wholesale substitution for going out on location.

- 'Holy grail' -

Yet the timing is charged. Editors, visual effects artists and other Hollywood professions have watched the rapid advance of generative AI with alarm, fearing that tools capable of producing broadcast-quality footage at a fraction of traditional costs could hollow out entire job categories.

Major studios are actively evaluating how AI can be integrated into production pipelines, foreshadowing significant workforce changes across an industry that has already endured a bruising period following the covid pandemic and writers' and actors' strikes of 2023.

Artlist made headlines in February when it produced a Super Bowl LX spot in under five days using its own products, at a fraction of the multi-million-dollar cost typical of Big Game advertising.

Davies was keen to push back on the narrative that the ad represented the future of production without human involvement.

That wasn't what it was, he said. It was creatives "using the tool to get the very best out of it."

A self-described "techie guy," Davies said the platform's current obsession is on giving creators nuanced control over creating or editing footage -- something he described as the company's "holy grail."

Existing models, he said, handle simple static shots reasonably well but struggle with complex camera movements and consistent performance across multiple takes.

You can prompt an elaborate shot, but for now "you'll get something random" that you can't work with.

On cost, Davies cautioned against unrealistic expectations, suggesting AI would reduce production expenses significantly but not eliminate them.

Davies said his long-term hope was that AI would serve as a leveling force for independent filmmakers and content creators who currently lack the budgets to realize their ambitions.

"There are definitely YouTubers who make some of the best action work out there on no budget," he said.

"AI will level that playing field completely -- the story will be what matters."

He struck a cautiously optimistic note on the creative industry's direction, dismissing the most dystopian predictions.

"The idea that no one works at the end of it is the bit that doesn't hold any water with me," he said.

"There's been more and more of everything, not less and less -- and the cream rises to the top anyway, because the human element is what we crave."


Samsung Shares Rise After Nvidia’s Huang Flags Tie-up on New AI Chips

10 September 2025, Bavaria, Munich: The Samsung logo can be seen at the Samsung stand during the International Motor Show (IAA Mobility). (dpa)
10 September 2025, Bavaria, Munich: The Samsung logo can be seen at the Samsung stand during the International Motor Show (IAA Mobility). (dpa)
TT

Samsung Shares Rise After Nvidia’s Huang Flags Tie-up on New AI Chips

10 September 2025, Bavaria, Munich: The Samsung logo can be seen at the Samsung stand during the International Motor Show (IAA Mobility). (dpa)
10 September 2025, Bavaria, Munich: The Samsung logo can be seen at the Samsung stand during the International Motor Show (IAA Mobility). (dpa)

Shares of Samsung Electronics rose as much as 5% on Tuesday after Nvidia CEO Jensen Huang said the South Korean company was producing Nvidia's new artificial intelligence chips.

The news fueled expectations that Samsung's foundry division, which makes logic chips for customers including Tesla, Apple and Samsung's phone division, may be able to turn around ‌as early ‌as next year after posting ‌billions ⁠of dollars in annual ⁠losses in recent years, analysts said.

At Nvidia's GTC developer conference in California on Monday, Huang unveiled Nvidia's new AI inference processor based on technology from chip startup Groq.

"I want to thank Samsung who manufactures the Groq LP30 ⁠chip for us and they're cranking as ‌hard as they ‌can," he said, adding the chips were in production, ‌and would be shipped in the second half ‌of this year.

Samsung also showcased the Nvidia chips made using its 4-nanometer manufacturing process at the GTC.

Samsung shares were up 4.3% at 196,800 won ‌as of 0252 GMT, after earlier reaching 198,000 won. The broader market was ⁠up 2.7%.

Sohn ⁠In-joon, an analyst at Heungkuk Securities, expected Samsung's foundry business would be able to reach breakeven later next year. But he said weak demand from mobile phones stemming from surging memory chip prices could weigh on foundry earnings.

Advanced Micro Devices' CEO Lisa Su will meet Samsung Electronics Chairman Jay Y. Lee in South Korea on Wednesday, media reports said, with eyes on whether the two would discuss cooperation in memory chips and logic semiconductors.


Nebius Signs AI Capacity Deal with Meta for at Least $12 Billion

FILE PHOTO: The logo of Nebius during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 12, 2025. REUTERS/Benoit Tessier/File Photo
FILE PHOTO: The logo of Nebius during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 12, 2025. REUTERS/Benoit Tessier/File Photo
TT

Nebius Signs AI Capacity Deal with Meta for at Least $12 Billion

FILE PHOTO: The logo of Nebius during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 12, 2025. REUTERS/Benoit Tessier/File Photo
FILE PHOTO: The logo of Nebius during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 12, 2025. REUTERS/Benoit Tessier/File Photo

Amsterdam-based Nebius Group said on Monday it has signed a new five-year deal with Meta Platforms to provide the social media giant with $12 billion of dedicated AI computing capacity ⁠across multiple locations by ⁠2027.

Under the deal, Meta will also buy an additional $15 billion worth of capacity planned by Nebius over ⁠the coming five years if it is not sold to other customers, giving the contract a total value of up to $27 billion, Nebius said.

Nebius is a so-called "neocloud" company that sells hardware and cloud capacity ⁠as ⁠services to other tech firms. It uses Nvidia processors to provide AI cloud infrastructure.

It signed an initial $3 billion deal with Meta in November.