Category: Specialized & Regional
Specialized & Regional Networks
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Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks
Sept 2 : Broadcom on Wednesday forecast strong AI chip sales for the next two years, offering fresh evidence that Big Tech’s appetite for AI infrastructure remains undiminished as investors scrutinize returns on massive spending.Shares of the Palo Alto, California-based company were down over 1 per cent in ex
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Tech bosses press G20 to build data centres, but split on risk
Nvidia chief executive Jensen Huang tells G20 ministers AI is essential infrastructure, even as US communities push back against new data centres.
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NBA-Clippers lose five first-round draft picks, fined $30 million after Leonard probe
Sept 2 : The NBA came down hard on the Los Angeles Clippers, stripping the team of five first-round draft picks, imposing a $30 million fine and suspending owner Steve Ballmer for a year over salary cap circumvention tied to Kawhi Leonard.After a year-long probe, the NBA said in a statement on Wednesday that
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Olympus-backed Accelevation files for US IPO
Sept 2 : Olympus-backed data center infrastructure firm Accelevation filed for a U.S. initial public offering on Wednesday, seeking to tap into the investor demand for companies serving the AI boom.The market for new listings has gained momentum this year, buoyed by several high-profile IPOs and a strong pipe
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Cameroon’s Eto’o says African federations should support Infantino
Sept 2 : Cameroon Football Federation president Samuel Eto’o said African football should support Gianni Infantino, crediting the FIFA president with accelerating the development of the continent’s associations and giving more countries the opportunity to reach the World Cup.”President Gianni Infantino has ch
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Nscale touts $103 billion contracted revenue ahead of potential IPO, The Information reports
Sept 2 : Nscale is telling prospective investors it has about $103 billion of total contracted revenue ahead of an initial public offering that could come as soon as this month, The Information reported on Wednesday, citing documents shared with the investors.Reuters had reported in late August that Anthropic
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Uber and AI-firm Wayve launch London’s first robotaxis
LONDON, Sept 3 : Uber launched autonomous rides in London on Thursday using AI technology developed by Britain’s Wayve, making the city the second in Europe after Zagreb where the company offers robotaxis. Here are more details: • Initially a licensed operator will be on board to monitor the c
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How Thai beauty brand Sudtana’s founder took family herbal remedies to Asia’s luxury hotels and resorts
Inspired by the herbal wisdom passed down from her grandfather, Mew Leelahongjudha built a brand whose products are now used by prestigious hospitality names including Four Seasons, Six Senses and Soneva.
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Samsung insurance firms to acquire Canopius for $1.5 billion, Korea Economic Daily reports
SEOUL, Sept 3 : South Korea’s Samsung Group-affiliated insurance companies plan to acquire London-based reinsurance company Canopius by buying an additional 50 per cent share for more than 2 trillion won ($1.47 billion), the Korea Economic Daily reported on Thursday.• The two Samsung insurers, Samsung Fire
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PG&E CEO calls on California to pass wildfire reform after the shelved effort crushed the stock
PG&E CEO Patti Poppe said she’s hopeful California lawmakers can revive wildfire liability reform after a failed proposal sent the utility’s shares tumbling.
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