Author: franperez66q@protonmail.com
US energy chief exhorts data center backers to push back against opponents Source link
Micron CEO Sanjay Mehrotra speaks at a groundbreaking ceremony for the company’s semiconductor manufacturing facility in Clay, New York, on Jan. 16, 2026.Heather Ainsworth | Bloomberg | Getty ImagesChipmakers not named Nvidia soared in the second quarter as investors widened their artificial intelligence portfolios, with Micron and Intel more than tripling in value and Advanced Micro Devices not far behind. Those three companies gained about $2 trillion in combined market cap in the period and are now the 10th, 11th and 12th most valuable U.S. tech companies. While AI chipmaker Nvidia remains the biggest company by market cap and continues…
US President Donald Trump speaks with reporters after signing a presidential memo at the Oval Office of the White House in Washington, DC, on June 29, 2026. Saul Loeb | AFP | Getty ImagesPresident Donald Trump’s annual financial disclosure report was released on Tuesday by the U.S. Office of Government Ethics.Trump’s disclosure report for 2025 totals 927 pages, and, among other things, reveals hundreds of millions of dollars in cryptocurrency-related holdings.One line on the disclosure shows $236.25 million in net proceeds from token sales distributed by World Liberty Financial LLC. World Liberty Financial is the Trump-linked crypto company co-founded by…
Michael Burry attends “The Big Short” New York screening Ziegfeld Theater on Nov. 23, 2015, in New York City.Astrid Stawiarz | Getty ImagesMichael Burry said Tuesday he has placed a bearish wager against Caterpillar, believing the construction-equipment maker has become one of the market’s most overvalued beneficiaries of the artificial intelligence investment boom.The famed investor said he shorted Caterpillar shares at $1,060.98, alongside new bearish positions in Nvidia, Applied Materials, Tesla and the iShares Semiconductor ETF (SOXX), as he prepared for what he believes is an increasingly overextended rally in AI-linked stocks.”Caterpillar jumped out at me,” Burry wrote in a…
Palo Alto Networks and Crowdstrike signage.Stanislav Kogiku | SOPA Images | LightRocket | Chris Jung | Nurphoto | Getty ImagesIt’s been a good quarter for technology stocks, and cybersecurity leaders Palo Alto Networks and CrowdStrike have both joined the historic rally.CrowdStrike and Palo Alto rallied 95% and 113%, respectively, between April and June for their best quarter on record, as new artificial intelligence tools have spiked demand for more sophisticated cyber defense. Those tailwinds allowed the sector to shake off early concerns that it would falter with the death of software as a service and emerge as a key stack…
TikTok settles with minor plaintiff ahead of second individual trial over social media harm to children, law firm says Source link
There are plenty of AI image-generation models these days, but the ones capable of quality outputs tend to be slow and expensive. Google DeepMind says its new image model, known as Nano Banana 2 Lite, offers the best balance of quality and speed. It’s available today across the Google ecosystem, creating images in a fraction of the time it takes Google’s beefier models. The new model is part of the Gemini 3.1 family—it’s technically called Gemini 3.1 Flash Lite Image. On one hand, Google says this model is ideal for exploring ideas and “rapid-fire” prototyping, applications in which quality can…
When Healey resigned earlier this month, his allies had claimed that “Treasury trickery” had in effect inflated the money that appeared to be attached to the investment plan.Buried within that plan today were numbers that are likely to cause Sir Keir’s successor as prime minister a headache.It contained confirmation from the Treasury that only £10.3bn of the £15bn that’s been committed has actually been identified.The remaining £4.7bn would have to be found at the next Budget, due in the autumn.That’s a task likely to fall to Andy Burnham and whoever he picks as his chancellor.Today’s investment plan also relies on…
For the second half of 2026, look to the data layer. That’s the segment of the software stack that’s above storage and below applications, where data is cleaned, formatted and organized so that it can be used by artificial intelligence. And it’s where top analyst Heath Terry, head of AI investment research at Citigroup, thinks the next crop of winning companies will emerge in the AI race. “The companies that are winners are the ones that are exposed to consumption. AI is driving massive growth in consumption, particularly at the data layer. The Snowflake s, the MongoDB s, the Datadog…
NASA awards Astrobotic, Firefly, Intuitive Machines lunar lander contracts in moon base project Source link