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Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions
The OpenAI app icon displayed along with other AI applications on a smartphone. Jonathan Raa | Nurphoto via Getty Images Technology giants are turning to nuclear energy to power the energy-intensive data centers needed to train and run the massive artificial intelligence models behind today’s generative AI applications. Microsoft and Google are among the firms […]
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Google inks deal with nuclear company as data center power demand surges
People take photos in front of a giant Google logo at Google’s Bay View campus in Mountain View, California on Aug 13, 2024 where the “Made by Google” media event was held today. Josh Edelson | AFP | Getty Images Google said Monday that it will purchase power from small modular reactor developer Kairos Power, […]
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Nvidia heads for record close as AI chipmaker’s market cap tops $3.4 trillion
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Nvidia shares headed for a record close on Monday as Wall Street gears up for earnings season and updates from all of the chipmaker’s top customers […]
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UK Prime Minister Keir Starmer vows to slash regulatory red tape in bid to boost investment
Britain’s Prime Minister Keir Starmer delivers a speech on stage during the International Investment Summit, held at The Guildhall, in central London, on October 14, 2024. Jonathan Brady | Afp | Getty Images LONDON — U.K. Prime Minister Keir Starmer on Monday vowed to slash regulatory red tape to boost anemic investment in the country. “We’ve […]
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Stripe, Wise founders want a ‘tech renaissance’ in Europe to help region rival Silicon Valley
Patrick Collison, CEO and co-founder of Stripe, speaking at 2022’s Italian Tech Week in Turin, Italy. Giuliano Berti | Bloomberg | Getty Images Founders of some of Europe’s largest technology unicorns on Monday backed an open letter calling for a “tech renaissance” fueled by the creation of a single pan-European entity to promote startups and innovation in […]
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Microsoft will let people buy games through Xbox app on Android in November after Google antitrust ruling
Phil Spencer, CEO of Microsoft Gaming, speaks at the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Franziska Krug | German Select | Getty Images Microsoft will allow people to buy and play video games through its Xbox app for Android starting in November, the company said on Thursday. The move is an immediate […]
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Tesla robotaxi event comes after a decade of unfulfilled promises from Elon Musk
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters With Tesla’s hotly anticipated robotaxi event hours away, investors will soon get a glance at what […]
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Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at age 86
Ratan Tata, a former chairman of Indian conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. He was 86. Tata Sons chairman N Chandrasekaran confirmed Tata’s death and described him in a statement as his “friend, mentor, and guide.” He did not provide a cause of death. Tata was admitted this week to […]
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Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings
Nvidia CEO Jensen Huang presents “Blackwell” at an event ahead of the Computex forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Nvidia shares have surged 25% in the last month and are closing in on a record ahead of tech earnings season in the coming weeks, when top customers like Meta, […]
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Stocks making the biggest moves midday: Norwegian Cruise Line, Reddit, Chewy, Boeing and more
Check out the companies making headlines in midday trading. Astera Labs – Shares gained more than 16% after the company, which sells data center connectivity chips, debuted new fabric switches for artificial intelligence . Norwegian Cruise Line – Shares popped 10% on the heels of a Citi upgrade to buy from neutral. Citi said the […]
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