Tag: boom
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Southeast Asia’s Data Center Boom – The Diplomat
[ad_1] Advertisement American investment giant Kohlberg Kravis Roberts & Co (commonly known as KKR) recently acquired a 20 percent stake in Singtel’s regional data center unit, Digital InfraCo. The deal is worth around $800 million, which would put an overall valuation on Singtel’s data center business somewhere in the area of $4 billion. Singtel, which…
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Dumb Money Is an Entertaining Rehash of the GameStop Stock Boom
[ad_1] Remember “stonks”? It was a Reddit term of art that became suddenly ubiquitous during the heady, strange days of the 2021 GameStop stock craze, a so-called meme stock insurgency launched by online trolls (and some regular folks just looking to make a buck) that disrupted markets, shuttered a hedge fund, and gave Wall Street…
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Nvidia profits surge 843pc in AI boom
[ad_1] The Silicon Valley chipmaker at the heart of the new artificial intelligence (AI) boom has seen its profits surge 843pc as the world rushes to buy its technology. Nvidia increased net profit to $6.2bn (£4.9bn) in the three months to July 30, up from $656m recorded during the same period last year. The world’s…
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Inside the $220bn American cleantech project boom
[ad_1] A year ago, President Joe Biden launched a new era of US industrial policy, signing into law the Inflation Reduction Act and the Chips and Science Act. Passed within days of each other last August, the two laws offered more than $400bn in tax credits, loans and subsidies, all designed to spark development of…
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China’s EV Export Boom Is Bringing Southeast Asia Into Beijing’s Orbit – The Diplomat
[ad_1] Advertisement Beijing is beginning to reap the rewards of decades of deliberate industrial policy directed at accruing strategic resources plentiful across the Global South. This is the lesson of the remarkable news that, this year, China has surpassed Japan as the world’s largest exporter of automobiles. Halfway through 2023, China has exported over 2.5…
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AI boom could lead to a new GPU shortage, but Nvidia says the current problem is just packaging
[ad_1] Why it matters: The crypto boom caused a severe spike in PC graphics card prices throughout 2020 and 2021, and prices still aren’t where many users would like them. The current AI craze could have a similar effect as some companies report shortages, but Nvidia says the supply chain is more complex than many…
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Drug crime boom threatens EU democracies – POLITICO
[ad_1] Press play to listen to this article Voiced by artificial intelligence. Rule of law in European democracies is at risk of being undermined unless EU leaders significantly ramp up their response to a boom in drug-related crime, the head of the bloc’s law enforcement agency told POLITICO. Europol chief Catherine De Bolle said Europe had…
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Getting rich during China’s boom – then fleeing as prospects darken — Radio Free Asia
[ad_1] As President Xi Jinping began a third term in office pledging “Chinese-style modernization” in October 2022, commentators expected him to steer China further in the direction of a state-dominated, planned economy. Xi’s ideology sounded an ominous note for the private sector, as well as for private individual wealth and influence. Meanwhile, three years of…
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The KOLs Powering China’s Sportswear Boom |
[ad_1] The KOLs Powering China’s Sportswear Growth KOLs’ contribution to China’s sportswear MIV expanded 27 % over 2022 to virtually $700 million, almost thrice larger than KOLs’ MIV within the EMEA market, Alison Bringé, Chief Advertising and marketing Officer at Launchmetrics, tells Jing Each day. “This implies KOL voices play a major position in shaping client…
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DC sonic boom updates: Plane that crashed lost contact with air traffic control just after takeoff
[ad_1] NTSB investigating lethal Va. aircraft crash Signal as much as our Night Headlines e-mail to your day by day information to the most recent information Signal as much as our free US Night Headlines e-mail The pilot of the non-public Cessna Quotation jet that brought about a panic in Washington DC on Sunday when…
