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News
Inaugural Data Center Speaker Series Examines Energy Issues
4+ day, 7+ hour ago (127+ words) Sheboygan residents were given a lesson on energy management when the President of Alliant Energy, Becky Valcq, dug deeply into the practical and regulatory web of issues faced by public power utilities and those they serve amid the growth of…...
Exclusive-China’s AI chipmakers raise prices as high-bandwidth memory shortage bites
4+ day, 12+ hour ago (621+ words) Sept 10 (Reuters) – Chinese AI chipmakers including Huawei Technologies and Cambricon have sharply raised prices for current and next-generation AI processors, three people familiar with the matter said, as soaring costs for high-bandwidth memory squeeze efforts to build domestic alternatives to…...
DOJ probes Nvidia’s licensing deal with AI startup Groq, NYT reports
4+ day, 14+ hour ago (171+ words) Sept 9 (Reuters) – The U.S. Justice Department is investigating whether Nvidia structured its licensing deal with AI chip startup Groq to avoid antitrust scrutiny, the New York Times reported on Wednesday, citing two people familiar with the matter. Nvidia announced a…...
Australian data centre operator NEXTDC to raise $795 million for AI infrastructure
5+ day, 6+ hour ago (323+ words) Sept 9 (Reuters) – Australia’s NEXTDC said on Wednesday it seeks to raise A$1.1 billion ($795.63 million) through convertible notes, its third fundraising in just over four months, as the data centre operator ramps up investment in AI infrastructure. Here are some details:…...
Amazon will raise $5.8 billion in first sterling bond sale, lead managers say
5+ day, 4+ hour ago (331+ words) LONDON, Sept 9 (Reuters) – Amazon will raise £4.25 billion ($5.76 billion) in its first-ever sterling bond sale, more than initially expected, according to a bank managing the deal, as hyperscalers rush to diversify their funding sources to finance the AI boom. The deal,…...
US accuses Chinese AI firms of ‘industrial-scale’ theft of AI technology
5+ day, 22+ hour ago (92+ words) whbl.com US accuses Chinese AI firms of ‘industrial-scale’ theft of AI technology WASHINGTON, Sept 8 (Reuters) – U.S. cyber and law enforcement officials on Tuesday accused Chinese AI companies of “aggressive, industrial-scale distillation activities,” according to a statement from three…...
Apple’s Ternus faces AI test as foldable iPhone takes center stage
6+ day, 7+ hour ago (550+ words) SAN FRANCISCO, Sept 8 (Reuters) – When new CEO John Ternus unveils Apple’s latest products on Wednesday, Wall Street expects him to show that the company can still deliver breakthrough hardware and a Siri virtual assistant capable of competing in the AI…...
Tesla’s Cybercab event set for Thursday, with few details
1+ week, 4+ day ago (593+ words) By Chris Kirkham and Akash Sriram Sept 3 (Reuters) – Tesla will unveil its two-seater Cybercab at an event in Texas on Thursday, offering a closer look at the autonomous vehicle that CEO Elon Musk has said is key to transforming the…...
Snowflake shares surge as AI demand powers growth, lifts outlook
1+ week, 4+ day ago (342+ words) Sept 3 (Reuters) – Snowflake’s shares surged more than 24% before the bell on Thursday as investors cheered a stronger annual revenue forecast and signs that the company’s AI products are gaining traction. The cloud data platform provider lifted its fiscal 2027 product revenue…...
Microsoft to reveal Azure cloud sales in financial reporting shift
1+ week, 4+ day ago (255+ words) whbl.com Microsoft to reveal Azure cloud sales in financial reporting shift SAN FRANCISCO, Sept 2 (Reuters) – Microsoft said on Wednesday it will start reporting sales from its Azure cloud computing unit on a quarterly basis, providing a direct comparison to…...