The proliferation of artificial intelligence (AI) has increased the demand for more powerful chips that are being deployed in data centers to train complex large language models (LLMs), and also for moving those models into production through AI inference.However, clustering together multiple powerful chips that consume a lot of electricity and generate a lot of heat also means that data centers now have two new challenges to tackle. The first is to find a way to reduce electricity consumption. Market research firm IDC anticipates that energy consumption in AI data centers is set to increase at an incredible compound annual…
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HANOI, Vietnam–(BUSINESS WIRE)–FPT Software is reinforcing its global competitiveness by embedding a culture of continuous learning within its workforce. Through strategic partnerships with renowned global learning platforms, including Mila, Udacity, Coursera, Udemy, and the British Council, the company ensures that upskilling and professional growth are central to its operations.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241016797751/en/On average, each staff member completes 31.7 hours of intensive training annually, providing the company with a competitive advantage in the international market. With over 3 million training hours delivered each year, these programs ensure employees consistently enhance their skills and advance…
By Dewi Kurniawati SUKABUMI, Indonesia (Reuters) – Indonesian sixth-grader Shakila Fitriyani, a day labourer’s daughter who dreams of becoming a doctor, says she is keener to go to school these days because she is served a free lunch. “I am happy to receive the nutritious meal, milk and fruit,” Shakila said, speaking in her small tiled-roof and bamboo-screened home in the green highlands of West Java. “This has made me eager, going to school.” Since January, the 11-year-old has been among thousands of students receiving a mid-day meal – consisting, for example, of rice with a spiced, hard-boiled egg, stir-fried…
SOLEDAD — U.S. Congressman Jimmy Panetta met with leaders from Braga Fresh and Farm Journal Foundation on Oct. 9 to discuss how support for agricultural research and development can benefit global food and nutrition security. The meeting included a tour of Braga Fresh’s produce farming operations in Soledad and a discussion about how support for public agricultural research and innovation can benefit farmers in the United States, as well as smallholder farmers overseas who produce the majority of food in many developing countries. As Congress works to craft final appropriations bills and the next Farm Bill, discussions about public support…
A new report estimates 76% of private wealth has already invested in digital assets as 18% are considering future investments. Source link
By Eliana Raszewski and Agustin Marcarian BUENOS AIRES (Reuters) -Former One Direction singer Liam Payne was found dead outside a hotel in Buenos Aires after the 31-year-old fell from his third-floor room balcony, Argentine police said on Wednesday. In a statement, the capital police said they were called to the hotel in the capital’s leafy Palermo neighborhood where they were notified of an “aggressive man who could be under the effects of drugs and alcohol.” The hotel manager said he heard a loud noise at the back of the hotel, and when police arrived they found that a man had…
David Einhorn of Greenlight Capital.Brendan McDermid/ ReutersThe stock market is the most expensive it’s been in decades, said billionaire David Einhorn.Warren Buffett’s stock sales indicate that now is not time to be heavily invested in equities, his firm Greenlight Capital said in a letter.Even non-tech stocks are trading 30 to 50 times earnings, Greenlight said.Investors are fueling what looks like the most expensive stock market in decades, billionaire investor David Einhorn wrote in his hedge fund’s quarterly letter. Just consider the fact that Warren Buffett is cashing out of the bull run, it said.According to the Greenlight Capital letter, equities…
By Tom Westbrook SINGAPORE (Reuters) – Asian shares steadied on Thursday ahead of a housing policy briefing in China that has raised expectations of support for the ailing property sector, while the dollar stood near 2-1/2 month highs on the prospect of a Donald Trump presidency. Global bonds rallied after a surprisingly large drop in British inflation and as the European Central Bank is expected to announce its first back-to-back rate cut in 13 years. Results at chipmaking giant TSMC will be in focus after a soft outlook from equipment supplier ASML (AS:). was up 0.2% in early trade and…
Advocacy group Tax Justice Network has ranked the British Virgin Islands, followed by the Cayman Islands and Bermuda as “most complicit” in helping corporations underpay corporate income tax.Traveler1116 | E+ | Getty ImagesBritish overseas territories are the world’s top enablers of corporate tax abuse, according to a ranking by tax advocacy group Tax Justice Network. The British Virgin Islands is the territory “most complicit” in helping multinational corporations underpay corporate income tax, followed by the Cayman Islands and Bermuda, according to the latest update to TJN’s Corporate Tax Haven Index earlier this month. “The UK and its network of British tax havens,…
By Kirstin Ridley LONDON (Reuters) – The number of women who hold executive reins in corporate Britain has fallen for the first time in eight years in an “unacceptable” reversal that could delay gender parity for another five generations, a consultancy said on Thursday. The Pipeline, which analyses gender diversity at senior corporate levels, said the average proportion of women on executive committees at Britain’s 350 biggest, listed companies slipped to 32% in 2024 from a revised 33% last year. The drop appears small. But Geeta Nargund, the group’s chair, told Reuters it reflected a sharp disconnect with male numbers…