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CHINA COMPUTING POWER BOOST
UK, Japan set to agree $24 billion investment, tech partnershipsBritain and Japan are set to sign deals worth over 18 billion pounds. These agreements will boost investment and technology. Tens of thousa...- Nvidia begins Vera CPU sales pitch to Chinese clients, sources sayThe outreach underscores how the world's most valuable company is quickly pivoting to the new product to revive its rapidly declining fortu...
- China opposes US move to list top firms as military companiesChina strongly objects to the United States placing prominent Chinese companies on a military firm list. Beijing states this action disrega...
- AI workloads push data centres to upgrade fire and cooling systemsData centres are significantly upgrading fire safety, cooling, and electrical systems following a recent Google Cloud incident. The surge i...
- The conviction in India continues to be very high: Citi's Achintya ManglaIndia is a significant market for Citi, with growth expected in AI, energy, and data-center infrastructure. Foreign investors are currently...
- Brazil emerges as major rare earths source for IndiaBrazil is actively courting foreign investment including from India while pushing to localise the refining and processing value chain. Indi...
- Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacityMeta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data cente...
- China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...
- US working to release energy reserves, boost sales of gas to ASEANThe United States is taking significant steps to elevate its role in the energy landscape of ASEAN nations by releasing energy reserves and...
- Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
- China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
- Applied Digital signs $5.2 billion AI data center lease with US hyperscalerMajor technology companies are raising their spending on data centers to support powerful artificial intelligence models, boosting demand...
- Ahead of SpaceX IPO, Musk says AI satellites will use mostly existing technologyThe billionaire said that much of the required technology already exists in its current Starlink satellite network. "Part of what we want...
- Elon Musk's biggest rival isn't a startup, it's China, and they just won the brain chip raceElon Musk brain chip Neuralink competitor: China has approved the world's first brain-computer chip, NEO, for commercial sale after complet...
- EU should side with Washington in 'AI war' with China, US envoy warnsAmerica's top envoy in Europe has urged the European Union to stand with the United States in a critical artificial intelligence race again...
- Pinterest deepens Amazon partnership with $4 billion cloud dealPinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud se...
- US stocks: Pinterest deepens Amazon partnership with $4 billion cloud dealAmazon.com's cloud computing unit will provide Pinterest its custom chip processors, including Graviton and Trainium, to help scale its AI ...
- Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats upThe listing is the latest test of investor appetite for quantum computing companies, as breakthroughs in the technology spur bets that qu...
- EU to unveil plan to wean itself off US, Asia techThe EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favour Europea...
- Microsoft showcases new PC, cloud AI tools at developer conferenceMicrosoft's Build conference showcased the new Surface RTX Spark Dev Box. This powerful machine features an Nvidia chip, promising to bring...
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