Author: franperez66q@protonmail.com
Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Friday, July 26, 2024. The conference is an annual event organized by BTC Media LLC for fans of the original cryptocurrency. Photographer: Liam Kennedy/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesStrategy’s latest earnings release marks a subtle but meaningful shift in the company’s approach to bitcoin: Instead of passively stockpiling bitcoin, it’s going to more actively manage the balance sheet to maximize value of bitcoin per share.That’s a reversal from the company’s longstanding “never sell” strategy, which originated with chairman, founder and bitcoin…
OpenAI President Greg Brockman concluded his testimony on Tuesday, where he largely rebutted Elon Musk’s account of the early years of the startup and negotiations that occurred at the company.Brockman testified that he never made any commitments to Musk about the company’s corporate structure, and he never heard anyone else make them. He emphasized that OpenAI is still governed by a nonprofit.”This entity remains a nonprofit,” Brockman said, referring to the OpenAI foundation. “It is the best-resourced nonprofit in the world.” The trial for Musk’s lawsuit against the artificial intelligence company began its second week on Monday.Musk sued OpenAI, Brockman and CEO…
Super Micro bets on AI server demand to provide upbeat forecast, shares soar Source link
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the 2026 CES event in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026.Bridget Bennett | Bloomberg | Getty ImagesAdvanced Micro Devices reported first-quarter earnings Tuesday that topped expectations, while the company’s revenue forecast also exceeded estimates as demand soars for chips to power artificial intelligence workloads.The stock jumped about 15% in extended trading. Here’s how the chipmaker did versus LSEG consensus estimates for the quarter ended in March:EPS: $1.37 vs. $1.29 adjusted expectedRevenue: $10.25 billion vs. $9.89 billion expectedRevenue climbed 38% from $7.44 billion a…
Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. Amirhosein Khorgooi | ISNA | WANA | Via ReutersPresident Donald Trump said Tuesday he is pausing “Project Freedom,” the U.S. military’s effort to guide commercial ships out of the Strait of Hormuz, one day after the operation began.Trump, in a Truth Social post, said the decision was based in part on “the fact that Great Progress has been made toward a Complete and Final Agreement” with Iran.Project Freedom “will be paused for a short period of time to see whether or not the Agreement can be finalized…
The FDA blocked the publication of several studies supporting the safety of vaccines against Covid and shingles in recent months, a Health and Human Services Department spokesperson confirmed on Tuesday. It’s the latest effort by the Trump administration to challenge safe and effective shots in the U.S. and make them harder to access for some patients. Under Health and Human Services Secretary Robert F. Kennedy Jr., a prominent vaccine skeptic, federal health agencies have softened Covid shot recommendations, cut back research on vaccine development and attempted to overhaul the childhood immunization schedule, among other efforts. FDA scientists worked with data firms to…
Factbox-What we know about US stress tests of Google, xAI and Microsoft AI models Source link
Silicon Valley investors such as Palantir co-founder Peter Thiel have bet hundreds of millions of dollars on deploying AI data centers powered by waves in the middle of the world’s oceans—a move that coincides with tech companies facing mounting challenges in building AI data center projects on land. The latest investment round of $140 million is intended to help the company Panthalassa complete a pilot manufacturing facility near Portland, Oregon, and speed up deployments of wave-riding “nodes” designed to generate electrical power, according to a May 4 press release. Instead of sending renewable energy to a land-based data center, the…
Available for over a yearDame Emily Thornberry, Labour MP and the influential head of the House of Commons Foreign Affairs Select Committee, is in the hot seat as the committee continues its ongoing investigation – dubbed ‘Scandelson’ scrutinising – into the circumstances behind Lord Mandelson’s appointment as US ambassador. Born in Guildford in 1960 her mother was a teacher and her father an academic who would go on to be a UN Assistant Secretary General. When Emily was seven her father walked out on the family leaving her mother with no income and three children to look after. They were…
People walk past an AMC theatre in Manhattan in New York City, U.S., February 25, 2025. Jeenah Moon | ReutersAMC Theatres is bringing live concerts to the big screen.The world’s largest theater company has partnered with Arena One, a live entertainment technology company, to bring real-time concert events to theatrical audiences. AMC has been at the forefront of theatrical music content in recent years, most notably distributing Taylor Swift’s “Eras Tour” and Beyonce’s “Renaissance” filmed concerts. The new partnership marks something of a bridge between a scheduled screening and a simulcast event — and offers customers a fresh reason to go…