Author: IQ TIMES MEDIA
Oracle and OpenAI have aimed to build $500 billion of data centers by the end of the decade to power their artificial intelligence ambitions.But the massive initiative, called Stargate, may be exhausting the supply of available capital.JPMorgan Chase, the bank that recently led a pack of lenders to extend roughly $38 billion of debt for the construction of two planned Stargate data center campuses in Texas and Wisconsin, has encountered diminished interest as it has sold off pieces of the loan to other financial players, a person familiar with the situation said.The person said that the two projects are fully…
JEFFERSON CITY, Mo. (AP) — Sports bettors in Missouri could face new restrictions on college athlete wagers under rules being considered Thursday in response to an NCAA request to states following the latest betting scandal to rock college athletics.The move by the Missouri Gaming Commission comes a week after the NCAA sent a letter to state gambling oversight boards asking them to ban college athlete prop bets — a popular type of wager focused on what individual players will do in a game, like scoring a certain amount of points in basketball or surpassing a particular passing yardage in football.…
Apple’s decision to rebuild Siri around Google’s Gemini AI models looks, at first glance, like an admission of failure. After years of promising breakthroughs, Apple is reportedly paying Google roughly $1 billion a year to keep its digital assistant relevant.Look closer, though, and the move represents something more radical: a giant bet that AI models will become commodities.Top tech reporter Mark Gurman wrote this week that Apple’s revamped Siri, codenamed Campos, will launch later this year as a full-fledged chatbot embedded across iPhones, iPads, and Macs. The underlying intelligence will come from Google’s Gemini.The more important detail is architectural. Apple…
This as-told-to essay is based on a conversation with Derek Fulton, 31, a former Nvidia software engineer who quit to found the North Carolina-based cloud startup Carolina Cloud with his wife. Nvidia did not respond to a request for comment about its work culture. The following has been edited for length and clarity.I’ve been messing around with computers since I got my first MacBook in 2006 at age 11. From building potato cannons to flying drones, I always wanted to solve problems and build things.After college, I worked in data science at a European bank and as a quantitative analyst…
The CEOs of five major health insurers are set to face a grilling from members of Congress on Thursday as House Republicans seek to place blame for rising health care costs.The back-to-back hearings before the Energy and Commerce and the Ways and Means committees come after Republicans allowed enhanced Affordable Care Act subsidies to expire at the end of last year, a move that led to sharp premium increases for millions of Americans.Congress has few immediate plans to address the lapse in the tax credits. The House and the Senate have yet to reach a deal to lower skyrocketing health…
MINNEAPOLIS (AP) — A 5-year-old boy arriving home from preschool in Minnesota was taken by federal agents along with his father to a detention facility in Texas, school officials and the family’s lawyer said, making him the fourth student from his Minneapolis suburb to be detained by immigration officers in recent weeks.Federal agents took Liam Conejo Ramos from a running car in the family’s driveway Tuesday afternoon, Columbia Heights Public Schools Superintendent Zena Stenvik told reporters Wednesday. The officers told him to knock on the door to his home to see if other people were inside, “essentially using a 5-year-old…
By Puyaan Singh and Sneha S KJan 22 (Reuters) – The Trump administration has rolled back decades-old guidance recommending routine childhood vaccination against influenza and three other infectious diseases, saying their use should instead be decided between parents and healthcare providers.The changes, part of Health Secretary Robert F. Kennedy Jr.’s push to recast U.S. vaccine policy over objections of major medical groups and despite a lack of scientific evidence for the moves, follow last year’s removal of universal COVID‑19 and hepatitis B recommendations for children.Leading medical organizations and more than 20 state health departments have said they will continue to…
As the United States prepares to celebrate its 250th birthday, an auction in New York will feature rare items that trace the nation’s history.The event Friday at Christie’s, dubbed “We the People: America at 250,” will bring together foundational political texts, iconic American art and rare historical artifacts.Among the highlights is a rare 1776 broadside printing of the Declaration of Independence produced in New Hampshire by printer Robert Luist Fowle, estimated at $3 million to $5 million.“It’s historically significant because you get to see what people at the time actually saw,” said Peter Klarnet, senior specialist for books, manuscripts and…
The AI race doesn’t need to be a zero-sum game, says Satya Nadella.On an appearance of the “All-In” podcast recorded in Davos on Wednesday, the Microsoft CEO said current competition is intense — but that’s not a bad thing.”The way I always think is it’s always helpful when you have a complete new set of competitors every decade because that keeps you fit,” he said. He added, “It’s a pretty intense time. I’m glad there’s the competition.”Nadella said that when he joined the computer giant in 1992, Novell, a Utah-based software and services company, was the “big, existential competitor” Microsoft…
Jeff Bezos has unveiled his plans for a massive satellite network, mounting a direct challenge to Elon Musk’s grip on internet infrastructure in orbit.The project, called TeraWave, would deploy 5,408 satellites into orbit to serve data centers, governments, and businesses worldwide, Bezos’s space venture, Blue Origin, said in a statement on Wednesday.Launches are expected to begin in the fourth quarter of 2027.TeraWave is designed to deliver “data speeds of up to 6 terabits per second anywhere on Earth,” enabled by advanced optical communications between satellites, the company said.The network is “optimized for enterprise, data center, and government customers” and would…