Tag: data
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Stocks, dollar fall after weak data; yields rise
NEW YORK, Aug 17 : U.S. stocks ended down on Monday and the dollar hit a two-month low against the euro as soft U.S. economic data, including an unexpected drop in retail sales, prompted markets to scale back bets on an imminent Federal Reserve interest rate move.Thirty-year Treasury yields, meanwhile, climbe
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Nvidia to provide up to $105 billion guarantee for OpenAI’s Ohio data center
Aug 17 : Nvidia has agreed to guarantee as much as $105 billion in lease payments to help OpenAI secure a sprawling data center in Ohio being developed by SoftBank-backed SB Energy, in one of the chipmaker’s largest infrastructure financing commitments. The chip giant will also invest $1.5 billion in SB Ener
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Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal
Aug 17 : Nvidia will invest $1.5 billion in SoftBank-backed SB Energy and secure up to 8 gigawatts of AI computing capacity at an Ohio campus being built by the data center developer for OpenAI.The deal is the latest where Nvidia is financing the ecosystem consuming its chips, a strategy that has hel
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Nvidia eyes investing $3 billion in SB Energy under OpenAI data center deal, Information says
Aug 15 : Nvidia is in talks to invest as much as $3 billion in SB Energy, a SoftBank Group subsidiary developing a massive planned Ohio data center project for OpenAI, the Information reported on Saturday, citing people familiar with the discussions.Here are some details:• The proposed investment is
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French taxpayers’ data stolen in cyber attack, French Finance Ministry says
PARIS, Aug 14 : French taxpayers’ data, both individuals and professionals, were stolen in a cyberattack, the French Finance Ministry said late on Thursday.• A “malicious actor” claimed on Wednesday he broke into the tax agency, General Direction of Public Finances, in late June, the ministry said in a stat
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Hacking group claims mass data theft from Shell, Philips, GE, Fiserv and dozens of others
AMSTERDAM, Aug 13 : A prolific hacking group known for exploiting software vulnerabilities to attack multiple targets simultaneously claimed it had stolen large volumes of data from nearly 50 companies worldwide, including Philips, Shell, Fiserv and GE, according to a posting on the group’s website.Philips sa
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Philips, Shell targeted by hacking group
AMSTERDAM, Aug 13 : Philips and Shell were recently targeted by Cl0p, the hacking group said in a statement on its website. Philips said it had been targeted by Cl0p while Shell said it was aware of a recent “possible incident”, confirming an earlier report by Dutch media outlet BNR.”We are working wi
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Exclusive-Vantage Data Centers explores IPO at $100 billion valuation or sale, sources say
NEW YORK, Aug 13 : Vantage Data Centers, a major hyperscale developer and operator, is exploring options including an IPO or sale as soon as next year, according to people familiar with the matter, as AI-driven demand lifts data center valuations and fuels dealmaking.Vantage, backed by private equity firm Sil
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Twitch users can now block Amazon from using their content to train AI
The streaming platform’s users criticised the move to allow the use of channel content for AI training.
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Asian stocks rise as US inflation data dents September Fed hike bets
TOKYO, Aug 13 : Asian stocks rose on Thursday after U.S. inflation data came in as expected, dampening expectations of further near-term Federal Reserve rate hikes, while oil held near $80 a barrel as Washington and Tehran remained deadlocked over efforts to end the Gulf war.MSCI’s broadest index of Asia-Pa
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