ASML Shares Plummet 16% as Company Slashes 2025 Sales Expectations

October 16, 2024 – On Tuesday, leading photolithography machine manufacturer ASML predicted lower than expected sales and orders for 2025, citing persistent weakness in certain segments of the semiconductor market. This announcement triggered a significant drop in the company’s share price, resulting in the largest single-day decline since 1998. Despite a robust demand for chips…

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Lenovo and NVIDIA Unveil Groundbreaking Liquid-Cooled AI Server

October 16, 2024 – At its annual global innovation event, Tech World 2024, Lenovo Group unveiled the sixth-generation vertical liquid cooling product, ThinkSystem N1380 Neptune, designed to power generative AI computations. During the conference, Lenovo announced a collaboration with NVIDIA to introduce the Lenovo Hybrid AI Comprehensive Advantage Set. Furthermore, they launched the ThinkSystem SC777…

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OpenAI Lands Top Microsoft AI Executive Sébastien Bubeck

October 15, 2024 – In a significant move within the realm of artificial intelligence, Microsoft announced on October 14 that Sébastien Bubeck, its Vice President of Generative AI Research, is set to depart the company to join OpenAI, the creator of ChatGPT. This development marks a turning point not only for Microsoft but also for…

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Tesla’s ‘We, Robot’ Faces Design Controversy as ‘I, Robot’ Director Mulls Legal Action

October 15, 2024 – Following the conclusion of Tesla’s “We, Rebot” conference, Alex Proyas, director of the film “I, Robot,” took to social media platform X to draw parallels between Tesla’s new products and the futuristic designs featured in his movie. Proyas posted a series of comparative images, juxtaposing Tesla’s Optimus robot, Cybercab self-driving taxi,…

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Google Signs Nuclear Deal to Fuel its AI Ambitions

October 15, 2024 – On Monday, Google announced that it had signed a power purchase agreement with Kairos Power, a company specializing in small modular reactors (SMRs). Under the agreement, Google intends to acquire electricity from six to seven SMRs, totaling 500 megawatts, to meet the growing energy demands of its artificial intelligence operations. According…

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