A new analysis by McKinsey & Company projects a massive 3.5-fold increase in the global demand for AI-specific data center capacity by 2030, potentially creating a multi-trillion-dollar market opportunity for chipmaker Nvidia Corp. NVDA.The report forecasts that the power demand for AI workloads will surge from 44 gigawatts (GW) in 2025 to 156 GW by the end of the decade.McKinsey Projects Data Center Capacity At 219GW In 5 YearsThe McKinsey report, titled “Scaling bigger, faster, cheaper data centers with s ...

Hedge fund titan Bill Aman is having a baffo year. His Persian Square Holdings Fund is up 33% year to date versus the S&P 500 which is up 12%. Okay.And then year to date, it's just fascinating to see over the past 5 years you've got Persian Square up 127%. Since the fund is not listed here in the states, but on the London Stock Exchange, the problem becomes the fact that the shares are difficult to obtain obtained stateside. But now, a newly hatched ETF allows you to invest like Acman.Vista Share CEO Adam P ...

The loan approval comes amid the Indian government's green energy push targeting 500 gigawatts of non-fossil capacity by 2030, and, according to analysts, stands out as one of the larger deals in the sector's recent history. KPI Green Energy develops, builds, and manages renewable power facilities, specialising in solar, wind and hybrid power solutions. The company is raising the funds via a 20-year loan at an interest rate of 8.45% from the "By 2027, we will finish all our projects in hand in IPP", said ...

First of all, we continue to pay a lot of money to the US government as part of the tariff and it's part of the business, right. And most customers don't like tariff. They want there's they want they want there to be zero tariff.But the fact that we have to pay certain percentage sometimes a lot of money and it's just cost of doing business. For us, it's not an option. We can choose or not.It's a way for us to make sure even with additional money the customer have to pay, we need to guarantee they still hav ...

Changing careers from one stream to another brings both excitement and challenges. During these transitions, individuals often face financial strain, joblessness, and associated complications.To navigate such situations, personal loans offer a simple and flexible way to fund education, training, travelling and living expenses. Here are five essential things to keep in mind when considering a personal loan for career changes:Understand your borrowing requirements carefully before going ahead with any persona ...

Nvidia's RTX6000D, its newest artificial intelligence chip tailored for the Chinese market, has seen only lukewarm demand with some major tech firms opting not to place orders, two people with knowled... ...

It's actually pretty simple for us. We want to make ourselves accessible to everybody in the world and uh Hong Kong and also China market is extremely important to us because we feel like those are the people who know a lot more about our business comparing to the typical shareholder in NASDAQ who has less information about the China market. So that's why coming to Hong Kong, I believe the Chinese investors are much more savvy about our business and uh thus we feel like it's a great opportunity for us to fu ...

By Liam Mo and Brenda Goh BEIJING/SHANGHAI (Reuters) -Nvidia's (NVDA) RTX6000D, its newest artificial intelligence chip tailored for the Chinese market, has seen only lukewarm demand with some major tech firms opting not to place orders, two people with knowledge of procurement discussions said. The RTX6000D, designed mainly for AI inference tasks, is seen as expensive for what it does, the two people said. They added that testing of samples showed its performance lags the RTX5090 - a chip banned by the ...

Kering SA, whose luxury brands include Gucci, Saint Laurent and Balenciaga, said Monday it was the victim of a data breach that was discovered in June, the latest in a string of attacks on the consumer goods sector.Hackers accessed “limited customer data from some of our Houses,” the company said in an emailed statement. Those houses, or brands, immediately disclosed the breach to relevant authorities and notified customers, the company said. No financial information, including bank account numbers, credit ...

While Wall Street fretted about Google losing the AI race to ChatGPT around three years ago, Alphabet (NASDAQ: GOOGL) quietly built something far more valuable: an empire worth US$3 trillion.The search giant just became the fourth company to reach this milestone, joining Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Apple (NASDAQ: AAPL) in tech’s most exclusive club.Here’s how Google’s parent turned doubters into believers – and why the best may be yet to come.Reason #1: The Invisible Empire Beneath ...