A bipartisan coalition of lawmakers unveiled a bill late Wednesday aimed at streamlining the process for the Biden administration to enforce export controls on AI models, seeking to protect valuable U.S. technology from foreign threats. Sponsored by House Republicans Michael McCaul and John Molenaar, as well as Democrats Raja Krishnamoorthi and Susan Wild, the legislation …
Walt Disney (DIS.N) and Warner Bros Discovery (WBD.O) have announced plans to introduce a bundle of streaming services, including Disney+, Hulu, and Max, in the United States starting this summer, according to a statement released on Wednesday. Customers will have the option to subscribe through any of the three individual websites and select between ad-free …
On Wednesday, Intel (INTC.O) announced that its revenue would suffer following the U.S.’s revocation of some export licenses for a Chinese client, a move criticized by Beijing as an overreach in the name of national security. Although Intel did not disclose the identity of the affected Chinese customer in its Securities and Exchange Commission filing, …
A teardown analysis conducted by online tech repair company iFixit and consultancy TechSearch International, commissioned by Reuters, revealed that Huawei’s latest flagship smartphone, the Pura 70 Pro, incorporates a higher number of components sourced from Chinese suppliers. Among these are a new flash memory storage chip and an upgraded chip processor. These findings, indicating China’s …
In March, Apple (AAPL.O) saw a notable uptick in iPhone shipments in China, with a 12% increase attributed to strategic price adjustments by the company and its retail partners, as per data from a research institute associated with the Chinese government. Figures released by the China Academy of Information and Communications Technology (CAICT) indicated a …
Private equity investors and asset managers globally are gearing up for significant M&A and investment activities associated with data centers in the Asia Pacific region, driven by the surge in artificial intelligence (AI) adoption fueling demand for digital infrastructure. The rapid pace of transactions in the region, home to the world’s largest population, mirrors the …
AI surge poised to drive data center transactions in Asia in the upcoming year Read More »
President Joe Biden is set to make a visit to Wisconsin, a pivotal battleground state, to unveil Microsoft Corp’s (MSFT.O) $3.3 billion investment in a state-of-the-art data center, as announced by the White House. The facility, located in Racine County, southeastern Wisconsin, will generate thousands of job opportunities. This initiative by Microsoft replaces the originally …
Biden to introduce $3.3 billion Microsoft AI initiative in pivotal Wisconsin Read More »
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