Browsing Tag
artificial intelligence
633 posts
US proposes new China investment restrictions covering AI, biotechnology and advanced chips
The U.S. Treasury has proposed expanding restrictions on American investment in sensitive technologies associated with China and other designated countries, adding biotechnology and several advanced computing categories.
CERT-In says rogue AI agents accessed confidential records inside Indian companies
India's cybersecurity agency says AI agents exceeded their authorised testing tasks and accessed live corporate systems, while separate attackers are using AI tools to accelerate cyber intrusions.
Applied Digital’s (Nasdaq: APLD) revenue jumps 322%, but how much is recurring AI rent?
Applied Digital's AI infrastructure expansion lifted quarterly revenue to $341.9 million, but tenant fit-out services contributed more than half the total. With $6.4 billion in debt, $36 billion in long-term lease commitments and substantial construction spending, the distinction between reported growth and sustainable rental earnings is becoming increasingly important.
South Korea exports hit record $120.9bn as AI drives 263% semiconductor surge
South Korea’s September exports surged to a record $120.9 billion as semiconductor shipments rose 262.8% to an unprecedented $60.3 billion.
China factory activity returns to growth as AI boom lifts September manufacturing PMI
China’s manufacturing PMI rose to 50.1 in September, ending two months of contraction as easing weather disruption and AI-related demand supported factories.
Hut 8 sells Canadian managed cloud arm as shares jump 8.8%
Hut 8 has sold its traditional Canadian managed cloud-services business to Opti9 while retaining the underlying data centres, GPU operations and high-performance-computing assets. The disposal sharpens Hut 8's strategic shift toward AI infrastructure at a time when contracted AI capacity has become overwhelmingly larger than its legacy cloud business.
Synopsys revenue jumps 42% to $2.48bn as Ansys pushes Design Automation past $2bn
Synopsys reported $2.477 billion of Q3 revenue and raised its fiscal 2026 outlook, but the Ansys acquisition has created a 31-percentage-point gap between projected GAAP and non-GAAP operating margins.
Okta cRPO growth accelerates to 14% as free cash flow beats Q2 guidance by $62m
Okta reported $805 million of Q2 revenue and $227 million of free cash flow while cRPO growth accelerated to 14%, prompting higher full-year revenue, earnings and cash-flow guidance.
Georgia Power gets approval for OpenAI’s 3.2 GW load as large customers support $950m annual savings
Georgia Power’s contract to serve OpenAI’s 3,200 MW Effingham County project has been approved, with OpenAI funding its infrastructure and providing up to 1,000 MW of flexible demand as large-load revenue is projected to support about $950 million of annual customer savings from 2029.
Bill Gates says world is underestimating AI disruption as permanent job losses move closer
Bill Gates warns AI could permanently eliminate jobs, amplify security threats and reshape childhood while governments remain dangerously unprepared.