China Tightens Rules on Data Centres, Mandates Use of Domestic AI Chips

China Tightens Rules on Data Centres, Mandates Use of Domestic AI Chips China Bans Foreign Chips in Data Centres

China mandates all state-funded data centres to use domestic AI chips, escalating its tech rivalry with the US. China Tightens Rules on Data Centres, Mandates Use of Domestic AI Chips. The Chinese government has introduced new regulations requiring all data centre projects that receive state funding to use only domestically manufactured artificial intelligence (AI) chips,…

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Is Wall Street losing faith in AI?

Is Wall Street losing faith in AI?

young man standing in front of the projection reflected stock market | Image Credits:Getty Images A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced…

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As data-center operator CoreWeave prepares for earnings, stock bears worry its finances are emblematic of an AI bubble

As data-center operator CoreWeave prepares for earnings, stock bears worry its finances are emblematic of an AI bubble

A vast data center in Plano, Texas, is a symbol of the enormous AI infrastructure boom that has boosted stock markets and driven U.S. economic growth over the past year. The data center occupies more than 450,000 square feet and cost $1.6 billion to construct and equip. It supplies 30 megawatts of computing power to…

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