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An Alibaba logo is displayed at the company’s booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, Sept. 10, 2025. Maxim Shemetov | ReutersCHONGQING, China — Alibaba announced Wednesday its new artificial intelligence chip is three times more powerful than its predecessor, as rival Nvidia struggles to get its advanced chips into China.The Zhenwu M890 delivers three times the performance of the current Zhenwu 810E, Alibaba said, adding that the new processor has 144 GB GPU memory and interchip bandwidth of 800 GB per second.The e-commerce and technology giant said it had already delivered 560,000 Zhenwu…
JPMorgan’s digital retail bank in Germany open for business Source link
As of July 1, at 12:01 am UTC—or June 30 at 8:01 pm ET—people seeking access to Plex’s media server features through a one-time purchase will have to pay $750. That’s three times the current price of $250. The new price will not affect current Lifetime Plex Pass holders. A Lifetime Plex Pass allows you to stream from your own Plex Media Server to a device connected to your own network, to stream from the server remotely, and to allow others to stream remotely from your server. When first launched in 2012, a Lifetime Plex Pass was $75. In 2014,…
The Labour Party formally announces Andy Burnham as its candidate to stand in the Makerfield by-election. Source link
A Power of Siberia natural gas pipelines facility in Heihe, Heilongjiang province, China, on Tuesday, March 21, 2023. Bloomberg | Getty ImagesRussian President Vladimir Putin arrived in Beijing on Wednesday to meet Chinese leader Xi Jinping, with the long-stalled Power of Siberia 2 natural gas pipeline on the agenda, as the Iran war disrupts energy supplies.Kremlin foreign policy aide Yuri Ushakov said Tuesday that the project “will be discussed in great detail between the leaders.” The planned 2,600-kilometer pipeline would carry 50 billion cubic meters of gas annually from Russia’s Yamal fields to China via Mongolia. Moscow and Beijing signed…
Facade of Target store in San Ramon, California, April 18, 2026. Smith Collection/gado | Archive Photos | Getty ImagesTarget is set to report its fiscal first-quarter earnings and offer a read on the consumer Wednesday, as CEO Michael Fiddelke leads a turnaround plan for the retailer. The company has struggled to prove to investors that it can end its sales slump and win back brand loyalty from consumers. The earnings will come as Wall Street keeps a keen eye on a more selective consumer, hit by soaring gas prices and macroeconomic uncertainty. Here’s what Wall Street is expecting for the…
China says it will buy 200 Boeing jets, seek extension of US tariff truce Source link
Samuel Boivin | Nurphoto | Getty ImagesGlobal artificial-intelligence chip leader Nvidia will launch a new research center in Singapore, one of a slew of new AI-related measures announced by the city-state on Wednesday. Nvidia’s new lab represents its first Singapore research hub, and its second such presence in the Asia Pacific. The company has increasingly focused on embodied AI deployment in recent years, launching models, systems and chips for robotics. The new lab will focus on advancing embodied AI and increasing the efficiency of AI infrastructure, working alongside university researchers, industry partners, and government agencies. U.S.-based Nvidia’s move comes as Singapore pitches…
Reform UK has named plumber Robert Kenyon as its candidate in the Makerfield by-election. Source link
Over 47,000 Samsung Electronics workers set to strike as wage talks break down, sending shares lower
TOPSHOT – Members of the Samsung Electronics labour union hold signs reading “Change it to be transparent!” as they stage a mass rally demanding the removal of a cap on performance bonuses, outside the company’s foundry and semiconductor factory in Pyeongtaek on April 23, 2026. (Photo by Jung Yeon-je / AFP via Getty Images)Jung Yeon-je | Afp | Getty ImagesA strike involving more than 47,000 Samsung Electronics workers will begin on Thursday after wage negotiations between the company and its union broke down, sending shares of the South Korean chip giant down 3%.The union had agreed to the mediation proposal…
