The Next Web (1 hour ago)
Oracle has scrapped a chip leasing deal with Tencent worth an estimated $7bn after the Trump administration leaned on it, according to a Wednesday report in the Financial Times. US officials went to Oracle with concerns about the deal, the newspaper said, citing people familiar with the matter.
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Emirates SkyCargo has a new product for companies building out artificial intelligence. AI Tech is designed to move critical and sensitive AI infrastructure safely and on time, the cargo arm of Emirates said in a press release.
The data center segment, which includes both product lines, produced $8.5 billion of the total, or about 63% of net revenue. AMD expects to set another record next quarter with about $17 billion in revenue.
The Currys Black Friday sale is now even bigger, so I’ve searched through the offers and hand-picked 21 of the best deals that are worth buying now for any early shoppers out there.
Switch to a QD-OLED gaming monitor for just $269. This Walmart bargain nets you a 27-inch QHD display with a super-fast 240Hz refresh rate.
Grab a CyberPowerPC machine wtih an RTX 5070, 9800X3D, 32GB DDR5 and a 2TB SSD for $2,199.
AMD’s data center business surges as strong demand for Epyc processors and Instinct accelerators continues and sales of client hardware declines only slightly.
Bitcoin briefly fell to its lowest level in six weeks on Wednesday after Democrats won control of both the US Senate and House of Representatives in the midterm elections. The result could complicate the crypto industry’s push for faster deregulation, Reuters reported.
Binance says the hackers behind its $6.3bn theft spent five months gaining access to employees’ computers before using an internal AI tool to take control of the exchange’s wallets.
Cambridge-based biotech company bit.bio has raised $25M in a Series D round, ten months after securing its previous investment.
Canva is restructuring in a way that affects 1,271 people, or 22% of the company. Some staff will lose their jobs, others will change roles and some will be asked to relocate. Co-founder and chief executive Melanie Perkins announced the changes in a note to staff on Wednesday, which Canva published.
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