Shares of Marvell Technology dropped 15% after the AI chipmaker reported lower-than-expected data center revenue and provided a lackluster outlook for the upcoming quarter. The CEO acknowledged some challenges in customer pipeline clarity, raising concerns among investors.
U.S. equity futures remained stable as the S&P 500 reached new heights, driven by excitement in the AI sector. Corporate earnings reports showed mixed results, with Nvidia boosting investor confidence despite concerns over its data center business.
Explore how Quincy, Washington transformed from a potato-producing town to the heart of the data center boom. Discover the benefits and challenges faced by this small community in the digital age.
As Florida swelters in summer heat, residents like Ken Thomas and Al Salvi face crippling electricity bills and power outages. With rates on the rise, many are left choosing between essentials like medication and cooling their homes.
The annual meeting of state utility regulators in California showcased a shift in the power industry, as tech giants like Amazon, Microsoft, and Google become dominant players in energy production. With rising electricity demands from data centers, consumers may face higher bills and potential grid upgrades. Explore how these changes could impact your wallet!
The Trump administration has launched a new AI blueprint aimed at expanding exports and easing environmental restrictions, hoping to maintain a competitive edge over China in technology. With 90 recommendations, the plan seeks to revolutionize AI's role in geopolitics.
The White House unveils its ambitious AI Action Plan aimed at securing America's leadership in artificial intelligence. With over 90 policy actions, the plan promises to boost innovation and ensure national security. Can this strategy truly lead America to victory in the AI race?
Alaska Airlines is grappling with significant flight disruptions after a critical hardware failure caused a system-wide halt. With over 150 cancellations and numerous delays, the airline warns of ongoing impacts as they work to resolve the issue.
In a strategic acquisition, CoreWeave has taken over Core Scientific, targeting energy-intensive sites for AI computing. This deal could reshape the future of both AI and Bitcoin mining as companies pivot to meet rising demand.
Scientists warn that record low Antarctic sea ice levels and the loss of critical US satellite data threaten to hinder our understanding of climate change impacts. With alarming trends of iceberg calving and wildlife losses, urgent action is needed!
