All articles by Swagath Bandhakavi
Swagath Bandhakavi
Applied Materials reports $7.05bn Q4 revenue, forecasts weaker demand outside AI chips
The company projects Q1 FY2025 revenue of $7.15bn, which is a 7% year-over-year growth, but falls slightly short of Wall Street’s $7.22bn expectation.
AWS launches free access to Trainium chips to boost AI research
The cloud computing division of Amazon is making this move to enhance the performance and capabilities of its Trainium chip, positioning it as a direct competitor to the solutions provided by Nvidia, AMD, and Alphabet.
88% of business leaders will increase IT investments in sustainability, reveals survey
The IBM-sponsored ‘State of Sustainability Readiness 2024’ report is based on a survey of 2,790 business leaders across 15 industries and nine countries.
40% of AI data centres to face power constraints by 2027
Gartner reports that the rise of AI and generative AI technologies is driving power demands, putting significant pressure on data centres and potentially impacting efficiency and expansion.
Global companies urged to embrace AI to reach net zero targets
Accenture’s latest “Destination Net Zero” report examines the net zero commitments, emissions data, and carbon reduction efforts of the world’s 2,000 largest corporations.
DSIT secretary confirms UK to legislate on AI risks in 2025
The government’s intention to establish a legal framework for its current AI regulations was revealed by Peter Kyle during the Financial Times’ Future of AI summit.
Supermicro shares drop 17% amid delays in annual results and weak guidance
The share price crash follows the resignation of its auditor, EY, over concerns about corporate governance at the server provider.
Nokia launches investigation into alleged source code theft
The relevant threat actor alleges that they acquired sensitive data, which includes Nokia’s proprietary software and security keys, by breaching the server of a third-party vendor.
ChatGPT-4o-driven voice scams pose emerging threat to enterprises, researchers warn
New research from the University of Illinois Urbana-Champaign reveals how the voice capabilities of ChatGPT-4 can be exploited to carry out financial scams, taking advantage of OpenAI’s latest advancements.
OpenAI launches real-time web search feature for ChatGPT users
The new feature enables users to receive timely, enriched responses with relevant links, eliminating dependence on traditional search engines by merging conversational AI with current information.