Paul Jackson

AI Revenue Starts Catching Up to the Data-Center Spending Boom

AI revenue has crossed an important financial threshold Artificial intelligence is beginning to generate enough revenue to cover the estimated depreciation cost of the chips and data centres supporting it. Global AI sales outside China reached approximately $25 billion in

US Crude Falls Below $70 as Hormuz Tanker Traffic Recovers

Oil prices are rapidly giving back the war premium Crude prices fell about 4% Wednesday as improving tanker movement through the Strait of Hormuz reduced fears of prolonged supply disruption. West Texas Intermediate reached an intraday low of $69.63 a

OpenAI Unveils First Custom AI Chip in Challenge to Nvidia

OpenAI is moving deeper into the AI infrastructure stack OpenAI has unveiled its first custom artificial intelligence processor, marking a major step in its effort to control more of the computing infrastructure behind ChatGPT, Codex and future AI products. Called

Nasdaq Slides as Global Chip Rout Tests the AI Trade

Wall Street recovered from the opening lows US stocks remained under pressure Tuesday, but the major indexes recovered from their steepest declines as investors reassessed a global selloff in technology and semiconductor shares. The Nasdaq Composite was down about 1.6%

US Commits $17.5 Billion to Accelerate 10 Large Nuclear Reactors

Washington is putting federal financing behind a large-scale nuclear buildout The Energy Department has conditionally committed $17.5 billion in financing to accelerate the potential construction of 10 large nuclear reactors across the United States. The program would support five separate

Nvidia Pushes Deeper Into Biomedical AI With New BioNeMo Agent Toolkit

Nvidia is turning general AI agents into specialized research assistants Nvidia is expanding its healthcare and life-sciences business with a new software platform designed to help AI agents perform complex scientific work. The BioNeMo Agent Toolkit connects general-purpose AI systems

Dow Edges Higher as SpaceX and Alphabet Drag Nasdaq Lower

Wall Street returned from the holiday to a divided market US stocks traded mixed Monday as investors balanced improving signals from US-Iran peace negotiations against heavy selling in several of the market’s largest technology companies. The Dow Jones Industrial Average

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