Technology
Phased data center capacity expansion on track to completion by 2026
Data services provider STT GDC Philippines on Wednesday reported an 83 percent rack utilization rate across its operations that highlights the efficiency and reliability of its services and the rising demand for data center capacity in the country.
Apple cancels work on electric car, source says
Apple has canceled work on its electric car, a source familiar with the matter told Reuters on Tuesday, a decade after the iPhone maker kicked off the project.
Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street
Nvidia briefly hit USD2 trillion in market value for the first time on Friday, riding on insatiable demand for its chips that made the Silicon Valley firm the pioneer of the generative artificial intelligence boom.
Innovation, critical enabler of transformative climate action: ADB-UN report
Innovation which takes different forms, including the application of new business models, is a critical enabler of transformative climate action, according to a report released by the Asian Development Bank (ADB), United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), and United Nations Development Programme (UNDP).
Saudi sovereign wealth fund pitches kingdom as AI hub
The head of Saudi Arabia's Public Investment Fund (PIF) on Thursday pitched the kingdom as a prospective hub for artificial intelligence activity outside the United States, citing its energy resources and funding capacity.
