Tag: infrastructure
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SK hynix posts 1,200% net profit boost on AI chip boom
SEOUL: South Korea’s SK hynix said on Wednesday (Jul 29) that second-quarter net profit soared a whopping 1,242 per cent year-on-year, driven by the artificial intelligence industry’s explosive demand for its advanced memory chips.SK hynix is a specialist supplier of high-bandwidth memory chips to US industry
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Minnesota IT officials disclose ‘coordinated cyberattack’ at more than 30 local water systems
July 28 : A “coordinated cyberattack” targeted more than 30 community water systems in the U.S. state of Minnesota on July 26 and July 27, the state’s IT agency said in a statement.The agency, Minnesota IT Services, said it was not aware of any active requests from Minnesota cities to have residents modify th
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Why Berlin’s streets are suddenly so conjested
Berlin is locked in debate over its transport plans. With bike lanes being removed, cyclists are calling for fewer cars, lower speed limits and better air.
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Bikes or cars? The battle for Berlin’s streets
Berlin is locked in debate over its transport plans. With bike lanes being removed, cyclists are calling for fewer cars, lower speed limits and better air.
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Iran renews attacks on Gulf states after another night of US strikes
Both sides also took aim at shipping traffic, with the US saying it was enforcing a naval blockade while Iran said it targeted vessels that violated its rules on navigating the Strait of Hormuz.
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SpaceX’s near-term AI payoff seen tethered to Earth, not outer space
July 10 : Elon Musk may have pitched a future where space powers AI, but Wall Street analysts say SpaceX’s near-term value remains firmly tethered to Earth, where it is building out the infrastructure underpinning the AI boom.Infrastructure providers, particularly data centers, are poised to be among the bigg
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Special delivery: Italy’s postman joins the AI infrastructure race
MILAN, July 10 : Italy has picked an unlikely champion to develop its technology infrastructure and protect digital sovereignty: its national postman.Poste Italiane, the postal service which pays out pensions through 12,600 post offices that are as much a feature of remote towns as the local church, is bettin
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Sumitomo Mitsui Trust Bank to buy 15% stake in infrastructure investor Morrison
TOKYO, July 7 : The trust bank unit of Japan’s Sumitomo Mitsui Trust Group will acquire a 15 per cent stake in infrastructure investment manager Morrison and make an initial $500 million commitment to two Morrison strategies, the companies said on Tuesday. The 15 per cent stake is expected to be in the ten
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Venezuela’s infrastructure long a disaster waiting to happen
Even before June’s devastating earthquakes, Venezuelans experienced electricity outages that affected the supply of drinking water, as well as serious failures in public services, transportation and telecommunications.
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Australia-Vanuatu deal bars foreign bases in island nation
Australia and Vanuatu have signed a deal seen as a bid to check China’s growing security presence in the region. But an economic deal between Vanuatu and China is still in the works.
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