The recent announcement by the U.K. government to class data centers as critical infrastructure marks a significant step in boosting cybersecurity within the country. By granting them the “Critical National Infrastructure” designation, data centers now join key sectors such as energy, nuclear power, defense, space, and emergency services. This move is aimed at enhancing collaboration
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The landscape of generative artificial intelligence has traditionally been dominated by big U.S. companies like OpenAI, Alphabet’s Google, and Meta. However, in recent times, Chinese tech giants such as Alibaba, Tencent, Baidu, and Huawei have stepped up their game by launching their own AI models. This move signifies China’s ambitions to establish itself as a
The share prices of Trump Media & Technology took a nosedive, plummeting more than 11% following the intense debate between Republican nominee Donald Trump and Democratic Vice President Kamala Harris. It is noteworthy that Trump Media is predominantly owned by the former president himself. This significant drop in share value raises questions about the immediate
The Japanese stock market experienced a decline in performance, particularly in sectors such as Textile, Power, and Shipbuilding. The Nikkei 225 index saw a decrease of 1.63% at the close of trading in Tokyo. This drop in stock value had a significant impact on the overall market sentiment. Eisai Co., Ltd. (TYO:4523) was among the
Over the past two years, the US economy has displayed remarkable resilience to steep interest rate hikes enforced by the Federal Reserve. However, the reversals of these hikes are now being questioned in terms of their potential impact on the economy during a downturn. Despite a five percentage point tightening from March 2022 to July
After the remarkable success of the 2024 Olympics in Paris, the spotlight is now on Los Angeles as the city gears up to host the Summer Games in 2028. With high expectations set by the previous event, key stakeholders are confident that Los Angeles will rise to the occasion. Los Angeles Mayor Karen Bass expressed
Australian property listing firm REA Group recently made a cash-and-stock takeover offer to Britain’s largest real estate portal Rightmove. The offer, amounting to 5.6 billion pounds ($7.32 billion), was aimed at expanding REA’s presence in the lucrative international markets, particularly in the significantly larger British housing market. Despite the substantial premium of 27% offered by
The Bank of Japan’s policymaker, Junko Nakagawa, recently stated that the central bank would continue to raise interest rates if inflation aligns with its forecasts. This indicates that the bank remains committed to its plan of steadily increasing borrowing costs despite the market turmoil experienced last month. However, Nakagawa also emphasized the need to consider
Robert Downey Jr.’s Broadway debut in Ayad Akhtar’s play at Lincoln Center’s Vivian Beaumont Theater has taken the theatre world by storm. The play, directed by Bartlett Sher, featuring Downey as a Pulitzer runner-up author who becomes infatuated with Artificial Intelligence, has garnered significant attention and success. Last week, all four previews sold out, grossing
In a recent earnings call, Oracle’s chairman and co-founder, Larry Ellison, made a surprising announcement regarding the future of data centers. Ellison revealed that due to the increasing demand for electricity from artificial intelligence, Oracle is planning to power their data center with small modular nuclear reactors. Ellison described the electricity demand from artificial intelligence