Applied Digital, once a cryptocurrency mining company, is now pivoting towards AI infrastructure. The company has started construction on a 430 MW data center in the southern United States, choosing to keep the exact site under wraps. This decision is…
With the noticeable rise in PC prices, Intel’s recent announcement sheds light on more than just escalating memory costs. Intel has unveiled a strategic decision to redirect foundry resources from client chip production towards fulfilling the growing demand for Xeon…
Upscale AI, an innovative player in the networking sector, announced a significant milestone by securing $200 million in Series A financing. The funding is intended to position Upscale as a formidable competitor against Nvidia’s NVSwitch, bringing it head-to-head with industry…
President Trump’s approval for the sale of Nvidia H200 GPUs to China has stirred concerns among Republicans in the House. Representative Brian Mast (R‑FL) introduced the ‘AI Overwatch Act’ in December, which seeks to give Congress the final authority over…
Satya Nadella, the CEO of Microsoft, recently emphasized at the World Economic Forum in Davos that the key to AI sovereignty lies not in where AI processes run but rather in who controls them. Nadella argued that corporate AI sovereignty…
In Texas, everything is bigger, and the power capacity is no exception. This makes it an attractive location for datacenters, which are increasingly reliant on large power supplies. Within a few years, Texas is projected to become the primary datacenter…
A recent PwC survey of 4,454 business leaders has disclosed a disappointing outcome for AI investments: over half of CEOs report no increase in revenue or decrease in expenses as a result of their AI initiatives. Despite considerable spending, only…
The UK Treasury Committee insists on immediate actions from financial regulators to run stress tests, preparing systems for unexpected AI-driven market disruptions. A recent report highlights potential risks to consumers and the financial sector due to the ‘wait-and-see’ stance of…
In a recent move, Cloudflare CEO Matthew Prince threatened to interrupt the Winter Olympics to uphold free speech when penalized by Italian authorities for not halting pirate streams. This declaration drew a pointed response from Akamai’s CEO, Dr. Tom Leighton,…
Nvidia is opting for emulation to amp up HPC and scientific computing performance on its AI chips, competing with AMD’s hardware. This method enhances AI chips’ capability for computations involving double-precision floating points (FP64), crucial in various high-stakes fields like…
/ Daily News…