A key component supplier to global AI infrastructure faces tepid sentiment as investors increasingly question whether massive spending is justified.
Data center demand for copper and aluminum has lifted the half-year profit of Rio Tinto as demand fades for iron ore the company’s traditional leader.
Cursor has cut the price of AI coding in India to about $7 a month. The interesting part is how it can afford to. The startup launched Cursor Start on Monday, a ₹649 plan sold only in India, TechCrunch reported. It sits well below the $20 Pro subscript…
For a year, the story of Chinese AI has been simple. It is nearly as good as the American frontier, and it is effectively free. That second part may be about to change. Chinese developers could start charging cloud platforms commercial licensing fees t…
Coforge reported first quarter revenue of $592.2m on Monday. That is a rise of 33% in dollar terms over the year, and 21.1% on the previous quarter. In rupees the annual increase reads 49%. Profit after tax reached $55.6m. Those numbers land in an indu…
Taiwan’s investigation into smuggled AI hardware, which began with Super Micro and had spent months working through the island’s distributors, has now reached inside Nvidia itself. On July 28, prosecutors detained an Nvidia employee as part of the prob…
Hurricane Fausto is moving towards Hawaill. Will it affect the islands? Here’s what the latest information suggests.
Zhu Yiming got about $10bn richer on Monday. He has promised to give roughly $5.6bn of it away, and not to charity. The chairman of CXMT saw his fortune climb nearly 300% to $13.9bn when the memory chipmaker closed its Shanghai debut up 466%, according…
China has a new most valuable listed company, and it makes the chips inside your phone. CXMT, formerly ChangXin Memory Technologies, closed its Shanghai debut up 466% on Monday, the South China Morning Post reported. That values the Hefei firm at 3.28 …
A Chinese national champion at the forefront of a fierce technology rivalry with the U.S., CXMT is now the country’s largest onshore-listed firm.