SpaceX seeks $40 billion to buy Nvidia chips, FT reports
Oct 6 (Reuters) - SpaceX is seeking to raise $40 billion in a financing effort led by asset manager Apollo Global Management to purchase Nvidia chips, the Financial Times reported on Tuesday, citing people familiar with the matter.
Samsung's Q3 profit seen jumping nine-fold, but chip margins may be flat
SEOUL, Oct 7 (Reuters) - Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit, driven by robust AI demand, though analysts have cut forecasts by nearly 8% since the end of August.
FICO cuts workforce by 15% as part of AI-driven restructuring
Oct 6 (Reuters) - Credit-scoring giant Fair Isaac, known as FICO, said on Tuesday it would trim about 15% of its workforce as part of a broader restructuring and AI integration, becoming the latest US company to cut jobs as businesses automate tasks and redirect spending toward the technology.
Black Hills plans $1.8 billion investment to power Google's data center
Oct 6 (Reuters) - Black Hills Corp said on Tuesday it signed agreements to power a proposed Google data center in Cheyenne, Wyoming, and plans to spend $1.8 billion from 2027 to 2029 on new generation capacity, as tech firms race to secure electricity for power-hungry AI data centers.
US Justice Dept tells staff to call AI 'super intelligence' under Trump order
WASHINGTON, Oct 6 (Reuters) - The US Justice Department directed its employees on Tuesday to use the words "super intelligence" instead of "artificial intelligence" when referring to the technology in most circumstances, including in court, according to a memo seen by Reuters.
Anthropic opens its most powerful AI models to more security teams
Oct 6 (Reuters) - Anthropic is expanding a program that allows vetted cybersecurity professionals to test its most powerful AI models with fewer safeguards, after its Project Glasswing initiative helped uncover more than 100,000 software vulnerabilities this year.
Nvidia-backed Lambda targets $4 billion raise ahead of planned IPO, WSJ reports
Oct 6 (Reuters) - Nvidia-backed cloud-computing company Lambda is raising up to $4 billion at a pre-money valuation of $14.5 billion in what would be its final funding round before a planned initial public offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Danube hits record low flow in Bratislava
BRATISLAVA, Oct. 6 (Xinhua) -- The Danube River, one of Europe's largest rivers, has hit a record low in Bratislava's Devin borough, with its average daily flow falling to 575.9 cubic meters per second on Oct. 5, the Slovak Hydrometeorological Institute (SHMU) said on Tuesday.
U.S. dollar ticks down
NEW YORK, Oct. 6 (Xinhua) -- The U.S. dollar weakened in late trading on Tuesday.
Türkiye's renewable energy share hits new high in Jan.-Aug. period
ANKARA, Oct. 6 (Xinhua) -- Türkiye's solar and wind power generation reached a record high in August, the Energy and Natural Resources Ministry said Tuesday, while renewable energy accounted for its highest share of total electricity generation since 2000 in the first eight months of the year.
