Tag: fast
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Cerebras shares climb as Wall Street brokerages back AI chip strategy
June 8 : Cerebras shares gained on Monday as multiple Wall Street firms initiated coverage with bullish calls after the quiet period, backing the chip designer’s unconventional AI strategy more than three weeks after its strong debut.Shares of the company rose 5.5 per cent in premarket trading, with at least
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MLS aims to turn 2026 World Cup attention into lasting gains
LOS ANGELES, June 8 : Major League Soccer Commissioner Don Garber says the league is treating the 2026 FIFA World Cup not as a six-week showcase but as the launchpad for a new era, aiming to convert global attention on North American soccer into lasting growth in fans, relevance and stature. Garber said MLS
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UK sets out $1.5 billion AI hardware plan with supercomputer, chip funding
LONDON, June 8 : Britain set out a new £1.1 billion ($1.47 billion) plan on Monday to build domestic AI computing capacity, including a new national supercomputer and funding to back homegrown chip firms.The strategy builds on a £400 million commitment announced by Prime Minister Keir Starmer at London Tech
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Alphabet taps Intel to make three million in-house chips, The Information reports
June 8 : Alphabet’s Google has placed an order with Intel to manufacture more than three million tensor processing units in 2028, The Information reported on Monday, citing people with direct knowledge of the discussions.Nvidia has not placed an order with Intel yet, but has been evaluating whether the compan
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Indonesia fleshes out plan to strengthen state control over commodity imports
JAKARTA, June 8 : Indonesia’s Trade Ministry published technical regulations on Monday that give the central government more control over coal, palm oil and ferroalloy exports, part of a controversial plan by President Prabowo Subianto to boost earnings from the country’s plentiful natural resources. The new
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EV maker VinFast’s quarterly revenue rises on strong Southeast Asia demand
June 8 : Vietnam’s VinFast reported a nearly 42 per cent rise in first-quarter revenue on Monday, bolstered by strong demand for its electric vehicles from key markets in Southeast Asia.The company’s quarterly revenue came in at 23.11 trillion dong ($877.24 million), compared with revenue of 16.31 trillion do
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Sibling rivals line up for different teams at World Cup
June 8 : Four sets of brothers will compete at the World Cup, all for different countries in a reflection of how steady migration around the world has had an impact on football.Desire Doue and his older brother Guela are French-born, but while Paris St Germain starlet Desire plays for Les Bleus, Guela is an…
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FIFA says it has settled with Diarra in player transfer rights case
June 8 : FIFA has reached a settlement with former France midfielder Lassana Diarra in a player transfer rights case, the global soccer body said on Monday.Diarra had been seeking 65 million euros ($75 million) in damages from FIFA and the Belgian FA after the European Union’s top court (CJEU) ruled in Octobe
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Samsung Elec’s chip chief says he discussed next-generation foundry with Nvidia CEO
SEOUL, June 8 : Samsung Electronics’ co-CEO and head of its chip division, Jun Young-hyun, said on Monday he discussed cooperation in next-generation foundry chips with Nvidia CEO Jensen Huang during a meeting in Seoul.Jun said Samsung and Nvidia are currently collaborating on autonomous driving chips and Gro
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Uber opens sign-ups for London ‘robotaxis’ ahead of launch ‘in months’
LONDON, June 8 : Uber said its users could sign up from Monday for a chance to ride in London’s first robotaxis powered by AI technology from British start-up Wayve as soon as regulators give the go-ahead for launch, which it expects in the coming months.Autonomous vehicles are a strategic priority for the ri
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