Elon Musk’s artificial intelligence startup, xAI, has come under fire for using natural gas burning turbines without a permit at its new data center in Memphis, Tennessee. While xAI had announced its new facility back in June after raising a significant amount of capital, it neglected to obtain the necessary permits to operate the turbines.
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The rise of artificial intelligence has resulted in an increased demand for powerful processors and sustainable cooling solutions in data centers. One company, Sustainable Metal Cloud, is leading the charge with its innovative “sustainable AI factories” in Singapore and Australia. By utilizing immersion cooling technology with synthetic oil, Sustainable Metal Cloud aims to revolutionize the
Meta recently announced that they had blocked a “small cluster” of WhatsApp accounts connected to an Iranian hacking group. These accounts were targeting officials associated with both President Joe Biden and former President Donald Trump. The company revealed that the accounts were linked to the Iranian threat actor known as APT42, previously described by Google
In light of the recent faulty CrowdStrike software update that caused chaos for millions of Windows users in July, Microsoft has announced plans to host a cybersecurity conference in September. The conference aims to bring together cybersecurity firms to discuss ways the industry can evolve and prevent similar issues in the future. The faulty CrowdStrike
Workday, a finance and human resources software maker, experienced a significant surge in its shares by 12% following the release of its fiscal second-quarter results. The company’s performance exceeded analysts’ expectations, with reported earnings per share of $1.75 adjusted, compared to the expected $1.65. Additionally, its revenue of $2.085 billion surpassed the anticipated $2.071 billion.
Snowflake, a data cloud analytics company, recently released its fiscal second-quarter 2025 earnings, reporting $869 million in revenue. This figure surpassed the $851 million expected by analysts, showing strong performance in terms of top-line growth. However, despite beating Wall Street’s estimates, Snowflake experienced decelerating product revenue growth compared to previous quarters. The company reported $829.3
The recent decision by the European Union to lower import duties on electric vehicle manufacturers, including Tesla, has sparked a strong reaction from the Chinese government. The Ministry of Commerce has criticized the EU’s probe into China’s subsidies for the electric vehicle industry, accusing the bloc of unfair competition and pre-conceived conclusions. This response signifies
OpenAI made headlines on Tuesday with the announcement of its partnership with Condé Nast. This collaboration will allow OpenAI’s products, such as ChatGPT and SearchGPT, to showcase content from a variety of prestigious publications including Vogue, The New Yorker, GQ, and more. The aim of this alliance is to provide users with a seamless experience
British fintech startup Revolut recently announced that it has achieved a valuation of $45 billion in a secondary share sale. This significant milestone is a testament to the company’s strong financial performance in recent quarters and its progress in executing strategic objectives. Led by investors such as Coatue, D1 Capital Partners, and Tiger Global, this
As more and more Americans fall victim to pig butchering scams, it is crucial to understand the psychological tactics used by fraudsters. These scams earn their name from the way scammers use flattery and fake bonding to “fatten up” their victims. By preying on individuals’ emotions and vulnerability, these criminals are able to gain trust