In a bold announcement, OpenAI CEO Sam Altman revealed plans for a staggering $1.4 trillion investment over the next eight years, targeting new business areas including cloud computing, robotics, and scientific discovery.
The recent Microsoft Azure outage serves as a stark reminder of the vulnerabilities in our digital infrastructure, prompting businesses to rethink their cloud strategies. Discover the implications of this failure and how it impacts the tech landscape.
The debate on whether the AI boom is a genuine trend or a bubble continues to heat up on Wall Street. While some investors see echoes of the Dotcom era, others highlight the profitability of tech giants funding this wave. Discover the insights on AI beneficiaries and the frothy valuations across various sectors.
Lindsey Martin's shocking electricity bills reflect a national trend as costs soar due to rising AI demand and aging power infrastructure. Are you prepared for the next spike?
A major shareholder in Core Scientific is set to reject the proposed $5 billion acquisition by rival CoreWeave, raising doubts about one of 2023's largest data center mergers. Trip Miller of Gullane Capital argues the deal undervalues Core Scientific, while CoreWeave defends it as a strategic move. The upcoming vote on October 30 could reshape the future of both companies amidst growing investor concerns.
As the artificial intelligence boom accelerates, experts warn of a potential speculative bubble reminiscent of the late 90s dot-com crash. Companies are investing billions in AI technology, but will it end in disaster?
Scientists in Switzerland are pioneering the creation of mini human brains, or organoids, to revolutionize computing. These living cells could lead to energy-efficient data centers and smarter AI systems. Explore the fascinating world of biocomputing!
With the AI market projected to reach $4.8 trillion by 2033, Ford CEO Jim Farley warns of a critical labor shortage in data centers and manufacturing. Can America fill the gap?
In a day of dramatic shifts, Freeport-McMoRan's stock tumbled 17% after a grim sales forecast, while Intel shares surged 6.4% amid positive industry news. Find out what’s driving these market trends.
Nvidia's recent partnership with Alibaba marks a significant step in AI development. Integrating Nvidia's tools into Alibaba's Cloud Platform, this collaboration aims to enhance robotics and self-driving technology, while Alibaba ramps up its AI investment.