The U.S. Commerce Department is reportedly investigating whether Chinese AI companies, including Moonshot, are improperly accessing advanced American chips, amid allegations of intellectual property theft from U.S. developers.
The AI chip leader has provided a system based on its latest GB300 'Grace Blackwell' servers to a foundation supporting the military university, marking the first direct use of its most advanced technology by the U.S. military.
Australia's Macquarie Group announced that CEO Shemara Wikramanayake will retire in November, to be succeeded by 30-year company veteran Greg Ward. The transition follows a period of significant share price growth under Wikramanayake's leadership.
Deepwater Management's Gene Munster has increased the probability of a merger between Tesla and SpaceX to 90%, citing Elon Musk's remarks on their growing collaboration during a recent earnings call.
Walmart de México y Centroamérica reported a slight dip in second-quarter net profit and lowered its full-year sales forecast, citing weaker-than-expected consumer spending trends.
Developers of a major 612-megawatt OpenAI data center in Australia have abandoned plans to use recycled water for cooling, opting for a more energy-intensive method after failing to secure pipeline permissions.
The e-commerce giant is reportedly being investigated by the U.S. Senate Small Business Committee over claims that employees in China accepted bribes from merchants to influence its online platform.
The sportswear giant will pull online sales rights from key retail partners to regain control over pricing after eight consecutive quarters of declining sales in the region. The move is part of a broader effort to win back consumers from local and international rivals.
A sudden, massive disconnect of over 3 gigawatts of power demand on the PJM Interconnection grid caused a widespread voltage disturbance on Wednesday. The event, centered in a major data center hub, highlights growing concerns about grid stability amid fluctuating demand from large-scale power users.
