Guangzhou establishes US$29 billion funds for semiconductor
China's Guangzhou city recently announced the establishment of two funds of funds (FoFs): the CNY150 billion (US$21.8 billion) Guangzhou industrial investment FoF and the CNY50 billion (US$7.2 billion) Guangzhou innovative investment FoF. The two FoF.....»»
OpenAI secures $6.6 billion in latest funding round
Thanks to $6.6 billion in funding from the likes of Microsoft and Nvidia with a $157 billion valuation, OpenAI is now one of the wealthiest private enterprises on the planet......»»
EVgo gets $1.05B loan to build 7,500 DC fast chargers
EVgo will focus on underserved communities where people can't charge at home. The electric vehicle charging company EVgo has secured conditional approval for a $1.05 billion loan.....»»
2-billion-year-old rock could help understand very early life on Earth and the hunt for evidence of life on Mars
Pockets of microbes have been found living within a sealed fracture in a 2-billion-year-old rock. The rock was excavated from the Bushveld Igneous Complex in South Africa, an area known for its rich ore deposits. This is the oldest example of living.....»»
There were more black holes in the early universe than we thought, research finds
Supermassive black holes are some of the most impressive (and scary) objects in the universe—with masses around 1 billion times more than that of the sun. And we know they've been around for a long time......»»
U.S. offers EVgo conditional $1.05 billion loan for EV chargers
If finalized, the loan guarantee will support EVgo's deployment of about 7,500 public stalls with high power chargers that can power two EVs simultaneously at nearly 1,100 stations......»»
Three hard truths hindering cloud-native detection and response
According to Gartner, the market for cloud computing services is expected to reach $675 billion in 2024. Companies are shifting from testing the waters of cloud computing to making substantive investments in cloud-native IT, and attackers are shiftin.....»»
Auto dealer associations activate emergency relief funds in Helene aftermath
Dealership employees affected by Hurricane Helene can apply for assistance on the NADA Foundation's website, NADA said......»»
Hurricane Helene shuts down North Carolina facilities crucial for microchip production
Facilities in North Carolina operated by two companies that mine a crucial mineral needed for semiconductor production remain down because of the impacts of Hurricane Helene, raising worries about potential long-term effects on microchip supply......»»
Why are so many historically rare storms hitting the Carolinas?
Hurricane Helene caused deadly and destructive flooding when it swept through the Southeast on Sept. 26–29, 2024. Across a broad swath of western North Carolina, where the worst flooding occurred, the amount of rainfall exceeded levels that would b.....»»
DirecTV/Dish merger has a problem as debt holders object to $1.6 billion loss
Debt holders oppose $1.6 billion value reduction, throwing wrench into TV merger. DirecTV's agreement to buy the Dish satellite and streaming TV business from EchoStar is facing o.....»»
OpenAI is now valued at $157 billion
OpenAI has nearly doubled what investors think it's worth—but there's a catch. OpenAI, the company behind ChatGPT, has now raised $6.6 billion in a new funding round that values.....»»
Patients Are Turning to Vibrators to Relieve Their Migraines
One billion people experience migraines, yet the perfect treatment is still out of reach. Can a vibrator offer a surprising solution?.....»»
Hurricane Helene Will Send Shockwaves Through the Semiconductor Industry
Downpours at Spruce Pine, North Carolina, have taken the biggest known deposit of high-purity quartz offline, leaving the global tech supply chain potentially starved of an ingredient vital for making microchips......»»
Eight Scientists, a Billion Dollars, and the Moonshot Agency Trying to Make Britain Great Again
The Advanced Research and Invention Agency—ARIA—is the UK's answer to Darpa. But can it put the country back on the scientific map?.....»»
Nvidia just released an open-source LLM to rival GPT-4
Nvidia just released a 72 billion-parameter, open-source LLM that will rival GPT-4.....»»
Dish creditors “revolt” over DirecTV merger, try to block loss-making deal
Debt holders oppose $1.6 billion value reduction, throwing wrench into TV merger. DirecTV's agreement to buy the Dish satellite and streaming TV business from EchoStar is facing o.....»»
It’s official — Microsoft WordPad is dead after 29 years
Microsoft WordPad is officially deprecated, which means it will disappear as soon as you update to 24H2. There is a workaround, though......»»
U.S. issues $2 billion electric vehicle tax rebates since Jan. 1, Treasury says
The U.S. government has issued $2 billion in advance point-of-sale consumer EV tax credit payments since Jan. 1 covering more than 300,000 vehicles, the Treasury said Oct. 1......»»
Washington state instant rebate for EVs set to run out of funds — months ahead of schedule
The Washington State Department of Commerce said 3,351 rebates had been issued as of Sept. 24. A majority of rebates, 64%, have been for leases......»»
The grid is insufficient for renewables. BPA has a $2 billion plan.
The grid is insufficient for renewables. BPA has a $2 billion plan......»»