Apollo Eyes Potential $5 Billion Investment in Intel

September 23, 2024 – According to Bloomberg, asset management company Apollo is considering a potential equity investment in Intel, with a maximum amount reaching 5billion.Thisinvestment,whichequatestoapproximately5.493.19 billion, reflects Apollo’s confidence in Intel’s strategic transformation plan. However, informed sources have indicated that Intel executives are still weighing Apollo’s proposal, and no final decision has been made. Not…

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Hybrid Cars Emit 2-5 Times More Greenhouse Gases Than Pure Electric Vehicles Over Their Lifecycle

August 12, 2024 – A new study conducted by the International Council on Clean Transportation (ICCT) has revealed that pure electric vehicles (EVs) significantly outperform other vehicle types in terms of emissions over their entire lifecycle, particularly when charged using renewable energy. The environmental impact is remarkably evident for the average 2024 model year vehicles…

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NVIDIA and Google Team Up to Boost Quantum Processor Development

November 19, 2024 – NVIDIA and Google Quantum AI have announced a collaboration that will utilize the NVIDIA CUDA-Q platform to empower Google researchers in developing large-scale digital models of quantum computers, aimed at addressing design challenges. According to the joint statement, Google’s Quantum AI division will leverage NVIDIA’s Eos supercomputer and its hybrid quantum-classical…

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HP to Lay Off Up to 2000 Employees Amid US Tariff Impact on Profits

February 28, 2025 – HP Inc. released its second-quarter profit forecast yesterday, revealing figures that fell short of market expectations. The company attributed the lower-than-expected profits to “increased component costs and tariffs imposed by the US authorities.” According to HP, earnings per share for the second fiscal quarter ending in April are expected to range…

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