The world’s first commercial underwater data centre is now operational in China’s Hainan, as the island province pushes to attract foreign investment by expanding the blue economy in the country’s largest pilot free-trade zone. The servers manage digital services from restaurant recommendations to travel hacks, and will be installed in a 1,300-tonne underwater data cabin…
Palantir and Anduril’s upcoming services may be a concern for the US Army. A recent memo sent by the US Army (seen by the news agency Reuters) has warned about “fundamental security” problems in the new battlefield communications network being developed by Silicon Valley companies, including Palantir and Anduril. The internal Army memo stated the…
Power-hungry data centres run hot, so one Chinese company is planning to submerge a pod of servers in the sea off Shanghai with hopes of solving computing’s energy woes. On a wharf near the city, workers were finishing off the large yellow capsule – a foray into alternative tech infrastructure that faces questions over its…
(Bloomberg) — Amazon.com Inc.’s cloud-computing business has helped propel its shares for almost two decades, but increasing pressure from rivals like Microsoft Corp. and Oracle Corp. is sapping some of the stock’s appeal. Most Read from Bloomberg The proliferation of artificial intelligence has led to an explosion of demand for cloud hyperscalers, where Amazon Web…
(Reuters) –Microsoft (MSFT) Chief Commercial Officer Judson Althoff will take on an expanded role as CEO of commercial business, freeing up company chief Satya Nadella to focus more on the technical side of the business in the tech giant’s quest to dominate the AI race. Althoff will lead what Microsoft CEO Nadella called a new…
This article first appeared on GuruFocus. Microsoft (MSFT, Financials) is streamlining how companies buy and use its AI tools. The tech giant said it has merged its separate marketplaces one aimed at developers on Azure and another for AI-powered workplace apps into a single store called Microsoft Marketplace. The new platform launched in the U.S….
In Q2, billionaire investor Bill Gates executed major stock trades worth over $4 billion (£2.9 billion) in two companies. According to the latest filings with the US Securities and Exchange Commission, Bill Gates purchased 6.95 million shares of Berkshire Hathaway Class B (NYSE: BKR.B) shares for the quarter ended 30th June, increasing his stake in…
Shares of data center products and services company Vertiv (NYSE:VRT) fell 6.2% in the afternoon session after Microsoft announced it had successfully tested a new microfluidic cooling system for data center chips, posing a potential competitive threat. The new technology brought liquid coolant directly inside silicon chips through tiny etched channels, removing heat up to…
Microsoft co-founder Bill Gates has warned that shrinking global health funding is putting millions of children’s lives at risk. Gates was speaking at a Reuters Newsmaker event where he announced a $912 million pledge to fight AIDS, tuberculosis, and malaria. During the event, he cautioned that private donations cannot fully replace government support. “I am…
US President Donald Trump TOI correspondent from Washington: Tech majors have for years lobbied for H-1B visas, saying it is vital to bring in top talent to America for innovation to flourish, some going to the extent of saying the US should staple green cards to degrees of foreign STEM graduates (many of whom get…