Denies $1 billion Nvidia investment in northern Mexico after governor’s announcement

“Nvidia investment in northern Mexico: Green AI data center powered by advanced Nvidia technology in Nuevo Leon

MONTERREY, Mexico — Nvidia Corp. denied plans to invest $1 billion in the northern Mexican state of Nuevo Leon, hours after Governor Samuel Garcia announced the technology giant would build a green data center there.  The clarification comes amid confusion over the scope of the project and the role of Nvidia in local technological development. … Read more

Anthropic, Microsoft unveil multibillion dollar AI data center projects amid global infrastructure boom

Anthropic, Microsoft unveil multibillion dollar AI data center projects amid global infrastructure boom

Artificial intelligence company Anthropic on Wednesday announced a $50 billion investment in computing infrastructure that includes new data centers in Texas and New York, marking one of the largest single capital pushes in the company’s history.  The same day, Microsoft revealed a new AI data center under construction in Atlanta, Georgia, describing it as part … Read more

House passes bill to end record 43 day government shutdown as Trump prepares to sign funding deal

Lawmakers in the U.S. House vote to pass a bill ending the record 43-day government shutdown, restoring federal operations and worker pay.

WASHINGTON — The US House of Representatives voted Wednesday night to reopen the federal government after a record 43 day shutdown, bringing relief to hundreds of thousands of furloughed federal workers and signaling an end to weeks of political gridlock. The bill, which cleared the House 222 to 209, now heads to President Donald Trump’s … Read more

AMD growth targets drive shares higher as company eyes $100B data center revenue

NEW YORK — Advanced Micro Devices Inc. (AMD) shares rose nearly five percent in premarket trading Wednesday following the company’s announcement of aggressive long term growth targets aimed at capturing a larger slice of the artificial intelligence chip market from market leader Nvidia. The Santa Clara, California based semiconductor company on Tuesday unveiled plans to … Read more

Google sues text message scammers in major global phishing crackdown

Google legal team exposing text message scammers behind global smishing scheme

NEW YORK — Google has filed a lawsuit against what it alleges is a sprawling international network of text message scammers, signaling a major escalation in the tech industry’s battle against digital fraud. The lawsuit, filed Wednesday in the US District Court for the Southern District of New York, targets a group Google calls “Lighthouse,” … Read more

Kremlin says talks with Britain failed to progress amid Ukraine tensions

Kremlin building in Moscow as Russia confirms failed talks with Britain over Ukraine tensions

MOSCOW — The Kremlin said Wednesday that contact between Britain’s national security adviser and a senior Russian foreign policy aide failed to develop into meaningful dialogue, underscoring the deep chill between Moscow and Western capitals over the war in Ukraine. Kremlin spokesman Dmitry Peskov confirmed that talks took place between Jonathan Powell, Britain’s national security … Read more

America’s Chip Restrictions Are Biting in Chin

A semiconductor engineer in a cleanroom examines a silicon wafer under advanced machinery, symbolizing China’s struggle amid America’s chip restrictions

BEIJING — China is intensifying efforts to protect its technology industry from the growing impact of US chip restrictions, as the country faces worsening shortages of advanced semiconductors vital for artificial intelligence and high performance computing. According to people familiar with the matter, Beijing has started directing how the output of Semiconductor Manufacturing International Corp. … Read more

AMD Profit Forecast: Company Expects Earnings to Triple by 2030 as Data Center Chip Market Nears $1 Trillion

NEW YORK — Advanced Micro Devices Inc. (AMD) forecast Tuesday that its profit will more than triple by 2030, as the company expects explosive growth in the global data center chip market, projected to reach $1 trillion within the decade. At its first analyst day in three years, held in New York, AMD said it … Read more

Stock market today: Dow hits record high as shutdown optimism lifts Wall Street, Nvidia drags Nasdaq lower

Stock market today shows Dow Jones hitting record high while Nasdaq dips amid Nvidia decline and shutdown optimism.

NEW YORK — The Dow Jones Industrial Average surged more than 500 points Tuesday to close at a record high, buoyed by growing optimism that Washington is nearing an end to the record breaking government shutdown.  But the broader US market showed mixed results, as a sell off in technology shares led by Nvidia dragged … Read more

Google investment in Germany reaches $6 billion to expand data centers and AI infrastructure

Google legal team exposing text message scammers behind global smishing scheme

BERLIN — Google will invest around 5 billion euros $5.8 billion in Germany to expand its data center network and digital infrastructure, according to sources familiar with the matter.  The investment, among the company’s largest in Europe, underscores Google’s growing commitment to strengthen its presence in the continent’s largest economy and advance its climate neutral … Read more