
Nvidia's Q2 Revenue Set to Double, But Even Slight Miss Could Rattle AI Investors
Aug 26, 2024 14:52 pm UTC| Technology Business
Nvidia is expected to report a more than twofold increase in Q2 revenue on August 21, driven by surging demand for AI chips. However, with sky-high expectations, any slight miss could trigger a significant sell-off,...

SpaceX Defends Starlink Cellular Against Verizon and AT&T's Interference Claims in FCC Battle
Aug 26, 2024 14:46 pm UTC| Business Science Technology
SpaceX has responded strongly to recent allegations from Verizon and ATT regarding potential interference from its Starlink Cellular service. In a letter to the FCC, SpaceX accused its competitors of attempting to...

Imagination Technologies Lands $100 Million to Ignite AI Innovation and Rival Industry Titans
Aug 26, 2024 14:36 pm UTC| Technology Business
Imagination Technologies, once a powerhouse in the GPU market, has secured $100 million in funding to revitalize its operations and focus on AI development. With a new leadership team and a strong emphasis on software, the...

China Sets New Record with $26 Billion in Semiconductor Equipment Imports by July 2024
Aug 26, 2024 14:32 pm UTC| Economy Business Technology
Chinas semiconductor equipment imports reached a record $26 billion by July 2024, driven by purchases of older-generation machinery. Companies like ASML, Tokyo Electron, and Applied Materials played key roles, despite...

Donald Trump Eyes Elon Musk to Streamline Government and Boost AI Strategy in Potential 2024 Role
Aug 26, 2024 03:19 am UTC| Politics Technology Law
In a bold move that could redefine the intersection of business and politics, former President Donald Trump has expressed his desire to enlist Elon Musk in a potential future administration. Trump, eyeing a return to the...

Elon Musk Backs Telegram’s Pavel Durov, Vitalik Buterin Warns of Free Speech Threats
Aug 25, 2024 17:49 pm UTC| Digital Currency Technology Business
Elon Musk has publicly supported Telegram CEO Pavel Durov, who was recently arrested in France, stressing the dangers of government overreach and its impact on free expression. Musk Backs Telegram CEO Amid Arrest...

Bitcoin Mine Raid in Thailand Uncovers Source of Ratchaburi Power Outages, Operators on the Run
Aug 25, 2024 17:20 pm UTC| Digital Currency Technology Business
A Bitcoin mining operation in Ratchaburi, Thailand, was raided by authorities following a month of unexplained power outages in the area. The raid revealed that the illegal mining setup was likely the cause of the...