Recent years have seen Supermicro’s compliance documents reveal a series of challenges including the loss of its NASDAQ valuation, inaccuracies in financial records, potential delisting threats, and missing out on the AI growth phase. However, on Tuesday, the company provided…
South Korea’s authorities and leading stock exchange have introduced AI-driven tools to combat ‘pump and dump’ schemes manipulating cryptocurrencies and stocks for investor gain. These scams involve acquiring assets, spreading misleading positive information, and selling at inflated prices. With social…
Barnsley, a town in South Yorkshire, England, traditionally recognized for its coal mining and glassmaking heritage, is now at the forefront of the UK’s technological revolution as the first ‘Tech Town.’ The initiative involves infusing AI into local industries and…
The ongoing memory shortage is proving to be more severe than initially anticipated, with prices for both DRAM and NAND flash memory expected to surge in the first quarter of 2026. This escalation is driven by the increasing demands from…
The current memory market situation is dire with prices of DRAM and NAND flash memory skyrocketing in Q1 2026. This surge is fueled by AI trends and heightened demand from hyperscalers and cloud service providers (CSPs), putting tremendous pressure on…
As tax season 2026 approaches, the IRS is turning to artificial intelligence to fill the gaps left by recent layoffs. With fewer employees, the IRS plans to deploy AI to manage tasks such as reviewing tax-exempt status applications and processing…
Backblaze, a well-known cloud storage firm, has identified significant changes in network traffic flow patterns attributed to the rise of AI-driven data movement towards neocloud providers. These changes suggest a transition from traditional internet traffic dynamics to those characterized by…
To achieve digital independence, countries will need to allocate at least 1% of their GDP to build AI infrastructure by 2029, based on insights from technology research firm Gartner. The pursuit of digital autonomy means nations are expected to set…
In what would have typically been a strong quarter for Microsoft, investors remain wary, resulting in a 6% drop in after-hours trading. Despite reporting a 60% YoY increase in profits, driven by $81.3 billion in revenue, Microsoft’s heavy reliance on…
Meta is set to dramatically escalate its investment in artificial intelligence (AI) infrastructure, allotting an unprecedented financial commitment that rivals the GDP of some countries. The tech giant, parent to Facebook, announced plans to nearly double its capital expenditure on…
/ Daily News…