Schneider Electric and Nvidia Team Up to Create AI Data Center Cooling Systems
Schneider Electric, the French electrical equipment giant, is collaborating with Nvidia to create advanced cooling systems for artificial intelligence (AI) data centers. These systems will support Nvidia’s flagship servers, set…
Trade Tensions Deepen as China Questions Safety of U.S. Semiconductors
Chinese companies have been advised to reconsider purchasing U.S. semiconductor products, with top industry associations declaring on Tuesday that American chips are “no longer safe.” The coordinated statements, issued by…
Lip-Bu Tan Emerges as Key Candidate in Intel’s CEO Hunt
Intel has begun its search for a new CEO, evaluating several external candidates, including semiconductor industry veteran and former board member Lip-Bu Tan. This follows the departure of Pat Gelsinger,…
US Urges Stronger Encryption Amid Chinese Telecom Hacking Allegations
A senior U.S. cybersecurity official has issued a clear recommendation to Americans: embrace encryption to secure their communications. Jeff Greene, Executive Assistant Director for Cybersecurity at the Cybersecurity and Infrastructure…
China Tightens Grip on Critical Minerals Amid US Trade Dispute
China escalated trade tensions with the United States on Tuesday by banning the export of gallium, germanium, and antimony—critical minerals with significant military and technological applications. The move, effective immediately,…
Spotify Wrapped Underwhelms Fans with Lack of Creativity
Spotify’s annual Wrapped feature, eagerly awaited by users each year, has drawn criticism in 2024 for falling short of expectations. While typically celebrated for its creative and interactive data insights,…
Netflix Japan Hits 10 Million Subscribers with Local Shows Driving Growth
Netflix has achieved a major milestone in Japan, surpassing 10 million subscribers in the first half of this year. The streaming giant attributes this growth to its investment in Japanese-language…
US Escalates Crackdown on China’s Chip Industry with Export Restrictions
The United States on Monday announced a comprehensive set of restrictions targeting China’s semiconductor industry. The measures, introduced by the Commerce Department, aim to curb China’s advancements in chipmaking and…
Uber launches Shikara boat rides on Dal Lake
Uber has launched a new boat-hailing service in India, offering tourists the chance to ride the iconic Shikara boats on Dal Lake in Kashmir. These brightly colored wooden boats, adorned…
ASML Says New U.S. Restrictions Will Not Impact Its Guidance
Computer chip equipment giant ASML remains steadfast in its financial outlook, stating that new U.S. restrictions on semiconductor exports to China, announced Monday, will not affect its most recent projections.…
Microchip Technology Lowers Revenue Forecast and Shuts Arizona Plant
Microchip Technology adjusted its revenue expectations for the third quarter on Monday, predicting figures near the lower end of its $1.03 billion forecast. This revised outlook falls short of analysts’…
Nvidia Invests in Nebius Group’s $700 Million AI Infrastructure Drive
AI infrastructure firm Nebius Group has secured $700 million in a private funding round led by investors such as Nvidia, Accel, and Orbis Investments. The financing marks a critical milestone…
Swiggy Brings 10-Minute Food Delivery to 400 Cities Nationwide
Swiggy has extended its 10-minute food delivery service, Bolt, to over 400 cities and towns across India. The Bengaluru-based startup, which recently debuted on the stock market, is collaborating with…
Tencent’s New Game Looks Like a Clear Copy of Horizon
Tencent’s subsidiary, Polaris Quest, has unveiled its upcoming sci-fi adventure game, Light of Motiram, and it’s causing quite a stir. The game’s initial teaser features a post-apocalyptic setting where humans…
The AI Rivalry Between China and the U.S. Sparks New Global Debates
China’s ambition to lead in artificial intelligence (AI) development is a double-edged sword. While the country’s advancements may position it ahead of the United States in the AI race, the…
Intel CEO Pat Gelsinger Removed After Boardroom Disputes
Intel’s board of directors has ousted CEO Pat Gelsinger, marking the end of a challenging tenure that spanned nearly four years. The decision, announced Monday, follows a turbulent period where…
Chinese Semiconductor Industry Faces Fresh US Export Curbs
The United States is set to implement its third major crackdown on China’s semiconductor industry in as many years, introducing a new package of export restrictions on Monday. This move…
Kioxia Sets IPO Price Range at 1,390 to 1,520 Yen Per Share
Chipmaker Kioxia, backed by Bain Capital, has established a tentative price range of 1,390 to 1,520 yen ($9.22 to $10.09) per share for its upcoming initial public offering, according to…
Japan Commits Extra ¥1.5 Trillion to Chip and AI Development
Japan is stepping up its commitment to semiconductor and artificial intelligence technologies with an additional ¥1.5 trillion ($9.9 billion) allocated to these sectors. The supplementary budget for the fiscal year…
Didi Bounces Back with Strong Third-Quarter Earnings
China’s leading ride-hailing company, Didi Global, reported a significant turnaround in its financial performance for the third quarter, announcing a net income of 929 million yuan ($128.42 million). This marks…