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AI Boom Propels A Century-Old Texas Land-owner Company To 230% Stock Rally
Dallas-based Texas Pacific Land Corp., which employs 100 people, has seen its stock more than triple this year, giving it a market value of almost $40 billion.
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Lenovo Raises PC Shipments Outlook for 2025 After Strong Earnings
Lenovo’s Chief Executive Officer Yang Yuanqing raised his outlook for global shipments in 2025 to double-digit percentage growth, up from a previous forecast of five percent to 10 percent, citing demand for AI PCs and the replacement cycle facilitated by Windows 11.
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AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
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Amazon Offers Free Computing Power To AI Researchers, Aiming To Challenge Nvidia
Amazon Web Services (AWS) said it will offer credits to use its cloud data centers that it values at $110 million to researchers who want to tap its AI chips
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Microsoft Hires Meta's Former Engineering Head Jay Parikh
Microsoft Corp, which is struggling to bring data centers online fast enough to meet the demand for its artificial intelligence products, hired one of the engineering chiefs who kept Facebook's infrastructure humming.
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Intel Set for Big Drop in Quarterly Revenue as Chipmaker Struggles to Bounce Back
Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once iconic American chipmaker.
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Nvidia CEO Joins Hands With Mukesh Ambani To build AI Infrastructure In India
The two executives shared the stage at Nvidia's AI summit in Mumbai on Thursday and said a new major data center by Ambani's Reliance Industries Ltd. in India is set to use the latest chips from the chip giant.
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Gen Z's Favourite Social Media Platforms As Per Data From Pew Research Center
Social media continues to play a crucial role, offering avenues for connection, news consumption, information sharing, and entertainment.
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Altman-Backed Startup Bets On Heat And The Sun To Tackle AI's Massive Carbon Footprint
Miami-based Exowatt launched a modular system to generate, store and dispatch clean energy on Tuesday. The company pairs a solar energy collector with a thermal battery that can deliver either heat or electricity.
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Sunspots Surge to 23-Year High as Solar Maximum Intensifies Beyond Predictions
August saw the highest number of sunspots since September 2001, surpassing forecasts and signalling a more intense solar maximum. The Space Weather Prediction Center had initially predicted a weaker solar cycle, but recent data shows sunspot numbers have far exceeded these predictions, indicating a robust peak in solar activity. This trend could le...
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OpenAI's Sam Altman Plans To Make Its Own AI Hardware Inside US
Altman has previously voiced concern over what he calls an urgent need for US infrastructure to power AI
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Here's How AI is Helping Astronomers to Understand Universe's Fundamental Parameters
Artificial intelligence is advancing the field of cosmology by enabling astronomers to determine five fundamental cosmological parameters with remarkable precision. Researchers from the Flatiron Institute's Center for Computational Astrophysics (CCA) in New York City have used AI to analyse extensive data from over 100,000 galaxies, observed throug...
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US Reports More Illnesses, Deaths In Listeria Outbreak Linked To Deli Meat
The US has reported more than 50 illnesses and eight deaths in Listeria outbreak, according to the latest data released by the US Centers for Disease Control and Prevention (CDC).
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Watch: People Gather In Middle Of Road As 4.2 Earthquake Strikes Kashmir
A 4.2 magnitude earthquake hit Jammu and Kashmir on Friday. Data released by the National Center for Seismology (NCS) said that an earthquake measuring 4.2 on the Richter scale occurred at Kashmir's Baramulla at 12.26 pm.
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Google Greenhouse Gas Emissions Grow To Meet Energy Demands To Power AI
Google, despite its goal of achieving net-zero emissions, is pumping out more greenhouse gas than before as it powers data centers needed to support artificial intelligence, the company said.
-
AI Boom Propels A Century-Old Texas Land-owner Company To 230% Stock Rally
Dallas-based Texas Pacific Land Corp., which employs 100 people, has seen its stock more than triple this year, giving it a market value of almost $40 billion.
-
Lenovo Raises PC Shipments Outlook for 2025 After Strong Earnings
Lenovo’s Chief Executive Officer Yang Yuanqing raised his outlook for global shipments in 2025 to double-digit percentage growth, up from a previous forecast of five percent to 10 percent, citing demand for AI PCs and the replacement cycle facilitated by Windows 11.
-
AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
-
Amazon Offers Free Computing Power To AI Researchers, Aiming To Challenge Nvidia
Amazon Web Services (AWS) said it will offer credits to use its cloud data centers that it values at $110 million to researchers who want to tap its AI chips
-
Microsoft Hires Meta's Former Engineering Head Jay Parikh
Microsoft Corp, which is struggling to bring data centers online fast enough to meet the demand for its artificial intelligence products, hired one of the engineering chiefs who kept Facebook's infrastructure humming.
-
Intel Set for Big Drop in Quarterly Revenue as Chipmaker Struggles to Bounce Back
Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once iconic American chipmaker.
-
Nvidia CEO Joins Hands With Mukesh Ambani To build AI Infrastructure In India
The two executives shared the stage at Nvidia's AI summit in Mumbai on Thursday and said a new major data center by Ambani's Reliance Industries Ltd. in India is set to use the latest chips from the chip giant.
-
Gen Z's Favourite Social Media Platforms As Per Data From Pew Research Center
Social media continues to play a crucial role, offering avenues for connection, news consumption, information sharing, and entertainment.
-
Altman-Backed Startup Bets On Heat And The Sun To Tackle AI's Massive Carbon Footprint
Miami-based Exowatt launched a modular system to generate, store and dispatch clean energy on Tuesday. The company pairs a solar energy collector with a thermal battery that can deliver either heat or electricity.
-
Sunspots Surge to 23-Year High as Solar Maximum Intensifies Beyond Predictions
August saw the highest number of sunspots since September 2001, surpassing forecasts and signalling a more intense solar maximum. The Space Weather Prediction Center had initially predicted a weaker solar cycle, but recent data shows sunspot numbers have far exceeded these predictions, indicating a robust peak in solar activity. This trend could le...
-
OpenAI's Sam Altman Plans To Make Its Own AI Hardware Inside US
Altman has previously voiced concern over what he calls an urgent need for US infrastructure to power AI
-
Here's How AI is Helping Astronomers to Understand Universe's Fundamental Parameters
Artificial intelligence is advancing the field of cosmology by enabling astronomers to determine five fundamental cosmological parameters with remarkable precision. Researchers from the Flatiron Institute's Center for Computational Astrophysics (CCA) in New York City have used AI to analyse extensive data from over 100,000 galaxies, observed throug...
-
US Reports More Illnesses, Deaths In Listeria Outbreak Linked To Deli Meat
The US has reported more than 50 illnesses and eight deaths in Listeria outbreak, according to the latest data released by the US Centers for Disease Control and Prevention (CDC).
-
Watch: People Gather In Middle Of Road As 4.2 Earthquake Strikes Kashmir
A 4.2 magnitude earthquake hit Jammu and Kashmir on Friday. Data released by the National Center for Seismology (NCS) said that an earthquake measuring 4.2 on the Richter scale occurred at Kashmir's Baramulla at 12.26 pm.
-
Google Greenhouse Gas Emissions Grow To Meet Energy Demands To Power AI
Google, despite its goal of achieving net-zero emissions, is pumping out more greenhouse gas than before as it powers data centers needed to support artificial intelligence, the company said.
