Sam Altman, chief executive officer of OpenAI, left, and Lisa Su, chair and chief executive officer of Advanced Micro Devices, arrive for a Senate Commerce, Science, and Transportation Committee hearing in Washington, DC, US, on Thursday, May 8, 2025.Nathan Howard | Bloomberg | Getty ImagesOpenAI and Advanced Micro Devices have reached a deal that could see Sam Altman’s company take a 10% stake in the chipmaker. AMD stock skyrocketed more than 25% Monday during premarket trading following the news.OpenAI will deploy 6 gigawatts of AMD’s Instinct graphics processing units over multiple years and across multiple generations of hardware, the companies…
Author: usaeverydaylife
A view from the statue of Genghis Khan in Ulaanbaatar, Mongolia on April 04, 2022.Anadolu | Anadolu | Getty ImagesMongolia, long reliant on mining, plans to build data centers powered by renewable energy as it prepares its first sovereign wealth fund aimed at channeling its mineral wealth to social welfare and infrastructure.”We have a massive land with a very favorable climate for activities like [hosting] data centers,” Temuulen Bayaraa, CEO of the sovereign fund, told CNBC on the sidelines of the Milken Institute Asia Summit in Singapore on Friday.The landlocked East Asian nation is developing special economic zones dedicated for…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.Gonzalo Fuentes | ReutersTesla posted a teaser video on X sparking speculation that the electric carmaker could be gearing up to release a new car.The first video posted on Sunday shows a spinning component which many online said could be an internal component of a vehicle. The video ends with the numbers “10/7,” indicating Tuesday’s date.A second video also posted on Sunday shows just the headlights of a car.The teasers have sparked conversation online and among…
Atlantide Phototravel | Corbis Documentary | Getty ImagesJapan’s government bond market, long shielded by the Bank of Japan’s yield curve control and decades of deflation, faces a test of faith under Sanae Takaichi, who is set to be the country’s first female prime minister. Markets are betting that Takaichi, who won the race to lead Japan’s ruling Liberal Democratic Party on Saturday, will blend a pro-growth, fiscally active agenda with a still-dovish central bank: a mix that threatens to push long-term yields higher and steepen the Japanese government bond curve.The parliament is expected to confirm the hardline conservative as prime minister…
The Aston Martin DB12 Goldfinger Edition during the 007 takeover of Burlington Arcade on Oct. 29, 2024, in London, England.Dave Benett | Getty Images Entertainment | Getty ImagesShares of Aston Martin fell as much as 10% on Monday morning after the British luxury carmaker issued a fresh profit warning, citing a challenging industry outlook and uncertainties over tariffs.The company, which is famed for both its role in the James Bond movies and its history of financial ups and downs, said it expects its 2025 total wholesale volumes to fall by a “mid-high single digit percentage” compared to last year’s 6,030…
French Armies Minister Sebastien Lecornu leaves the Elysee palace at the end of the weekly cabinet meeting in Paris on November 8, 2023.Ludovic Marin | Afp | Getty ImagesFrance’s new Prime Minister Sebastien Lecornu has resigned just weeks after his appointment, plunging the country into a fresh political crisis.Lecornu, France’s fifth PM in less than two years, had his work cut out to convince the country — and investors — that he can unite a fractious and divided parliament enough to get a 2026 budget over the line.He was installed in early September against a backdrop of public unrest and…
Indonesia lifted a suspension on TikTok’s local operating license on Saturday after the platform shared data requested by the government.Patrick T. Fallon | Afp | Getty ImagesIndonesia has reinstated TikTok’s local operating license after it shared data requested by the government that was linked to the nationwide protests between late August and September.TikTok provided the requested data on “traffic escalation and TikTok Live monetization activities” during the period of Aug. 25 to Aug. 30, via an official letter dated Oct. 3, said Alexander Sabar, an official at Indonesia’s communications and digital ministry.Government authorities temporarily stripped the social media platform of its…
Sanae Takaichi listens to a question after visiting the Yasukuni shrine to honour the war dead durig the shrine’s spring festival in Tokyo on April 23, 2015.Toshifumi Kitamura | Afp | Getty ImagesHaving won the presidency of Japan’s ruling Liberal Democratic Party, Sanae Takaichi is on the verge of becoming the country’s first female prime minister.Takaichi, a hardline conservative and close ally of the late Shinzo Abe, said Saturday that she would “work, work, work” to turn “people’s anxieties about their daily lives and the future into hope.”Her rise comes at a time of economic strain at home and tense…
A federal judge in Oregon on Sunday temporarily blocked Donald Trump’s administration from sending some 200 federalized California National Guard troops to Portland, Oregon, a setback for the president as he seeks to dispatch the military to cities over the objections of their Democratic leaders.The ruling by U.S. District Judge Karin Immergut followed a joint lawsuit by California and Oregon seeking to block the extraordinary move that drew vehement criticism from both states’ governors. A day earlier, Immergut temporarily blocked Trump from deploying 200 Oregon National Guard troops to Portland, citing a lack of evidence that recent protests necessitated the move.”How could…
Key PointsU.S. technology companies are delaying their decisions to lease large data centers in India.New deals for data centers have been on hold for over two months, a source told CNBC.Hyperscalers may revisit their plans within the next three to six months.U.S. technology companies are delaying their decisions to lease large data centers in India, jittery from the recent souring of trade ties between New Delhi and Washington. The orders from Big Tech companies for hyperscalers, or data centers that consume vast amounts of computing power, are “still in the pipeline, but they are holding the pen and saying let me not sign it just yet,”…
