Wiwynn commits investments in LiquidStack
Server ODM Wiwynn has committed a US$10 million investment in LiquidStack through the liquid cooling solution provider's Series A fund-raising program, securing one seat on its board, according to a company announcement......»»
Wiwynn strives to bring AI server sales to 50% of revenue in 2024
Emily Hong, the Vice Chairwoman and CEO of server original design manufacturer (ODM) Wiwynn Corp., stated that they currently have AI-related projects with major clients in progress. They anticipate significant growth in shipments starting from Novem.....»»
India roundup: Tata reported to set up another facility for EMS business
Tata is reportedly looking to expand its electronics manufacturing investments. Tesla is interested in making EVs in India but has not made any firm commitment......»»
Shift to clean energy accelerating, but coal investments too high, report says
Energy security concerns—worsened by the war in Ukraine—and policy support from rich countries are likely to help investments in clean energy outpace spending on fossil fuels, the International Energy Agency said in a report issued Thursday......»»
IEA: Shift to clean energy accelerating, but coal investments too high to meet climate goals
Energy security concerns—worsened by the war in Ukraine—and policy support from rich countries are likely to help investments in clean energy outpace spending on fossil fuels, the International Energy Agency said in a report issued Thursday......»»
The U.S. Debt-Ceiling Crisis Could Harm Science for Years to Come
Investments in research and development are likely to drop—even if the worst-case scenario is avoided.....»»
Researchers review AI advantages in drug research and development
Scientists have long been challenged by the complex process of drug discovery and development, with investments that often go unrewarded. However, with the advancement of experimental technology and computer hardware, artificial intelligence (AI) has.....»»
Renesas Electronics commits to foster India chip ecosystem
Against the backdrop of closer ties between India and Japan, Toshi Shibata, the CEO of Japanese semiconductor giant Renesas Electronics, met with Indian Prime Minister Modi earlier this week. The two discussed technology and innovation, as well as In.....»»
TSMC commits to investing in Japan
TSMC has pledged to increase its investment in Japan, as company chairman Mark Liu reportedly has just taken part in a meeting convened by Japanese prime minister Fumio Kishida......»»
Musk commits to remaining Tesla CEO, touts Cybertruck and artificial intelligence
Musk says CEO post is important to oversee development of artificial intelligence for products such as Full Self-Driving software and Optimus humanoid robot......»»
What"s a park worth to the economy?
A new framework developed by University of Waterloo researchers demonstrates the significant economic health savings and benefits from urban park investments......»»
Elon Musk to meet President Macron, other leaders at France conference
Elon Musk will meet Finance Minister Bruno Le Maire to discuss newly announced tax credits for green investments that have been unveiled to rival the U.S. Inflation Reduction Act......»»
The challenges and promises of climate lawsuits
Suing governments and fossil fuel companies is a key tool in the climate change battle. Enlarge / Shareholders of the Swiss National Bank (SNB), join a demonstration against the central bank's investments in the East African Crud.....»»
India"s top builder bets on $1.5 billion return from EV push
Larsen & Toubro Ltd.'s engineering services arm is ramping up investments in self-driving and electric vehicle technologies, betting on India's appeal as a source of expertise for global manufacturers looking to expand in the field......»»
Accelerating sustainability investments to fuel double-digit growth in European digital spending in 2023, says IDC
European spending on digital transformation is forecast to exceed US$550 billion in 2023, an on-year increase of 15.9% from 2022. According to IDC's latest Worldwide Digital Transformation Spending Guide, digital transformation spending in Europe wil.....»»
Wiwynn to see AI training server shipments boost
Wiwynn has initiated shipments of AI training servers, which currently only account for a small portion of the company's revenue but are projected to increase significantly by 2024, according to the Taiwan-based ODM......»»
Wiwynn posts strong 1Q23 results
Server ODM Wiwynn has reported net profits of nearly NT$3.3 billion (US$107.5 million) on revenue of NT$74.23 billion for the first quarter of 2023, both of which set new records for the same period in previous years. EPS for the quarter came to NT$1.....»»
Global cloud services market forecasts downturn despite growing 19% in 1Q23, says Canalys
Worldwide cloud infrastructure services spending increased 19% to US$66.4 billion in the first quarter of 2023. While cloud remains one of the fastest-growing segments of the IT market, customer investments continue to slow in the face of persistent.....»»
Ford to alter China strategy, Farley says
New plans call for lower investments and a concentration on areas that generate profits, such as commercial and electric vehicles......»»
Shanghai on track to incentivize investments in semicondutor, AI sectors
The Shanghai Municipal Government has just announced a set of policy measures to strengthen the development of modernized industrial systems, offering subsidies to encourage more companies to invest in the semiconductor, AI, smart manufacturing, and.....»»
Analysis: why is Foxconn suspending further investments in Lordstown?
US electric pickup truck startup Lordstown Motors (LMC) previously announced that because Foxconn is suspending further investments, it could be facing bankruptcy. LMC claimed that this move will affect its operations, while Foxconn emphasized that i.....»»