Chinese Hackers Are Snooping On Vital US Infrastructure, According To Western Intelligence

According to Wednesday reports from Western intelligence agencies and Microsoft, a state-sponsored Chinese hacking gang has been eavesdropping on a variety of essential infrastructure companies operating in the United States, from telecommunications to transportation hubs. According to a study from Microsoft, the espionage has also targeted Guam, a U.S. territory with strategically significant American military…

Following A Great Projection, Nvidia Is On The Verge Of Becoming The First Trillion-Dollar Chip Company

The rise of generative artificial intelligence (AI) is everything, everywhere, at once, according to Nvidia Corp. The stock of the chip designer increased by 25% on Thursday as a brilliant projection revealed that Wall Street has not yet priced in the AI potential of the business, which has already doubled in value by 2023. Nvidia…

Intel Provides Information About Upcoming AI Chips. Signalling Change In Its Strategy

Intel Corp. recently released a few more details about an AI computer processor it intends to release in 2025 as part of a strategic shift to compete with Advanced Micro Devices Inc. and Nvidia Corp. Intel said that their upcoming “Falcon Shores” chip will contain 288 gigabytes of memory and enable 8-bit floating point processing on…

Watchdog Offers First Set Of Worldwide Regulations For The Cryptocurrency Industry

The first global approach to regulating cryptoasset and digital markets was published by the international securities watchdog IOSCO on Tuesday, building on the lessons learned from the collapse of the FTX exchange last year, which stoked concerns about consumer safety. As different jurisdictions have their own regulations, the industry, which normally simply needs to comply…

Ryanair Forecasts A Robust Summer Following A Nearly Record Annual Profit

Ryanair came very close to setting a full-year profit record in the year ending March 31. Despite fewer “fortunate” hedges on fuel costs, Ryanair is cautiously hopeful that strong summer demand would assure modest profit increase in the upcoming 12 months. The biggest airline in Europe in terms of passengers expects a 10% increase in…

Nvidia Continues To Eat At Intel And AMD’s Dominance In Supercomputers

Nvidia Corp. announced on Monday that it has collaborated with the University of Bristol in the UK to develop a new supercomputer that would compete with Intel Corp. and Advanced Micro Devices Inc. using a new Nvidia chip. The most popular manufacturer of graphics processing units (GPUs), which can be utilised to accelerate artificial intelligence…

Nvidia, AMD, And Micron Lead The Chip Sector Upward With AI, And Japan As Focus

On Thursday, shares of Nvidia Corp, Advanced Micro Devices, and Micron Technology offered the largest boosts to the semiconductor sector, which outperformed the overall market as investors sought ways to invest in artificial intelligence and Japan. Synopsys shares rose 8.7% after the chip design software company anticipated higher-than-expected third-quarter profit forecasts, citing growing usage of…

Microsoft Is Accused Of “Unauthorised” Data Usage By Twitter

Twitter Inc claims that Microsoft Corp broke an agreement over the use of the social media company’s data, according to reports based on the information gathered from a letter. Elon Musk’s lawyer accused Microsoft of “unauthorised” use of Twitter data, including exchanging data with government agencies without authorisation in some situations. Musk’s lawyer, Alex Spiro,…