Elon Musk’s artificial intelligence startup, xAI, has come under fire from environmental and health advocates for allegedly contributing to the pollution problem in Memphis, Tennessee. The company is accused of using natural gas burning turbines at its new data center without obtaining the necessary permits. xAI recently announced the opening of the data center in
Enterprise
The rise of artificial intelligence has sparked a surge in demand for more powerful processors, as well as the energy required to keep data centers cool. This presents a unique opportunity for data center company Sustainable Metal Cloud, which has introduced the concept of “sustainable AI factories.” These factories, located in Singapore and Australia, are
In a recent incident involving a faulty CrowdStrike software update in July, millions of Windows computers crashed, causing chaos across various industries. Internet-connected systems experienced disruptions, airlines canceled flights, logistics companies faced delays, and hospitals had to reschedule medical appointments. Delta Air Lines alone reported a $550 million loss due to the fallout from the
Meta recently revealed that it had taken action to block a “small cluster” of WhatsApp accounts associated with an Iranian hacking group targeting officials connected to President Joe Biden and former President Donald Trump. This move comes in the wake of increased concerns about cybersecurity threats and potential foreign interference in political matters. The company
Workday, a finance and human resources software maker, impressed investors with its fiscal second-quarter results, causing its shares to surge by 12%. The company reported earnings per share of $1.75, beating analysts’ expectations of $1.65. Additionally, Workday’s revenue of $2.085 billion exceeded the $2.071 billion estimated by LSEG consensus. The company’s revenue grew by 17%
Snowflake, a data cloud analytics company, managed to exceed Wall Street’s revenue estimates for the fiscal second quarter of 2025. However, the market reacted negatively to the news as shares dropped by 13%. While the $869 million revenue figure was higher than the expected $851 million, there was concern over decelerating product revenue growth. Product
The Chinese government has expressed its displeasure with the European Union’s decision to impose tariffs on electric vehicle imports. The Ministry of Commerce spokesperson criticized the EU for what they believe are unfair practices and pre-set conclusions regarding China’s subsidies for its electric vehicle industry. The spokesperson stated that China will take all necessary measures
OpenAI recently announced a collaboration with Condé Nast, through which the company’s AI products like ChatGPT and SearchGPT will now be able to showcase content from various prestigious publications such as Vogue, The New Yorker, GQ, and more. This partnership aims to make information search faster and more intuitive by combining conversational models with web
British fintech startup Revolut recently announced that it achieved an impressive valuation of $45 billion in a secondary share sale involving existing and new investors. This valuation demonstrates the company’s strong financial performance in recent quarters and its successful execution of strategic objectives. The round was led by Coatue, D1 Capital Partners, and existing investor
The rise of “pig butchering” scams is becoming a major concern for Americans, with fraudsters using flattery and false bonding to deceive their victims. This deceptive strategy has resulted in billions of dollars in stolen funds, particularly in the form of cryptocurrencies. These scams can take weeks or even months to pull off, making it
