Author: franperez66q@protonmail.com
A group of Amazon engineers appeared at Seattle City Council hearings on Wednesday to throw their support behind efforts to regulate the development of giant AI data centers in the area, which are getting constructed while their employer is engaged in mass layoffs. “It’s been reported that this year, Amazon is spending $200 billion dollars on capital, with most of it going to data centers and AI,” Patrick Schloesser, a software engineer at Amazon Web Services, said at a hearing. “Microsoft is spending $190 billion. Meanwhile, the leaders at my company have laid off 30,000 corporate employees in the last…
Meta accuses Australia of breaching FTA, invokes US ’trade action’ Source link
CrowdStrike on Wednesday evening reported better-than-expected quarterly results and better-than-expected forward guidance, only to see its near-record-high stock sell off. The hot money that got in, looking for a Hewlett Packard Enterprise or Dell type post-earnings surge , no doubt booked profits, sending shares down more than 11% to around $664 each. Let them sell. We’re not short-term thinkers. Revenue in CrowdStrike’s fiscal 2027 first quarter increased 26% year over year to $1.39 billion, exceeding the 1.36 billion consensus estimate, according to LSEG. Adjusted earnings per share (EPS) surged 51% to $1.10 in the quarter ended April 30, ahead of…
The Independent Office for Police Conduct’s is reviewing a guidance document from the National Police Chiefs’ Council. Source link
Hello, this is Priyanka Salve, writing to you from Singapore.Welcome to the latest edition of “Inside India” — your one-stop destination for stories and developments from the world’s fastest-growing large economy.AI-driven gains in TSMC, Samsung and SK Hynix, plus a weaker rupee and headwinds from the Middle East conflict are reshaping Asia’s market rankings. This week, I explore how the AI theme is outshining India’s consumption story. Read on!Any thoughts on today’s newsletter? Share them with the team.The big storyIn 2026, animal spirits are driving investments in artificial intelligence firms, valuing stocks such as TSMC, Samsung and SK Hynix at over a trillion…
Honeywell-backed Quantinuum raises $1.68 bln in upsized U.S. IPO Source link
That doesn’t mean the error-corrected qubit was fully stable. Eventually, one of the errors that inevitably occurred couldn’t be recovered from because too many of its individual atoms changed state at once. But performing normal error correction could keep some of these logical qubits stable for up to 90 rounds. Again, that’s not good enough for any sort of sophisticated calculation. But it’s a lot closer than the company was before working out this technique. Resonating EeroQ is a startup with a distinct approach to qubits. A number of companies are looking into using the spin of electrons as their…
The Paralympic champion said an airline staff member once asked her if she had “ever tried to walk”. Source link
Oil prices rose in early Asia trade on Tuesday as concerns about supply disruptions grew amid an escalation of the conflict between Russia and Ukraine.Bugto | Moment | Getty ImagesAsia-Pacific markets were set to open lower Thursday, tracking Wall Street losses, as tensions between Iran and the U.S. keep oil prices elevated, stoking energy and inflation worries. The Kuwait International Airport was struck by Iran early Wednesday, just a day after the U.S. Central Command said it had defeated multiple Iranian ballistic missiles and drones, as well as launched “self-defense strikes” on Qeshm Island in the Persian Gulf. This was in response…
US House votes to block Trump’s Iran war authority Source link