Author: Admin
Intel announced on Tuesday a new artificial intelligence chip for the data center that it plans to launch next year, in a renewed push to break into the AI chip market.The new chip (GPU) will be optimized for energy efficiency and support a wide range of uses such as running AI applications, or inference, Intel Chief Technology Officer Sachin Katti said at the Open Compute Summit on Tuesday.”It emphasizes that focus that I talked about earlier, inference, optimized for AI, optimized, optimized for delivering the best token economics out there, the best performance per dollar out there,” Katti said.The new…
Qatar and Saudi Arabia both secured a spot at next year’s World Cup on Tuesday after clinching first place in their groups in the fourth round of Asian qualifying.Qatar defeated the United Arab Emirates 2-1 and Saudi Arabia drew 0-0 with Iraq.It marks the first time that Qatar, which lost all three group-stage games when it hosted the 2022 tournament, has advanced through qualification. Saudi Arabia, which will stage the 2034 World Cup, will appear for a seventh time next summer in North America.”It’s amazing, an incredible day,” Qatar coach Julen Lopetegui told broadcaster beIN Sports.Lopetegui now gets another chance…
[JAKARTA] Indonesia’s Finance Minister Purbaya Yudhi Sadewa said on Tuesday (Oct 14) that the rupiah is likely to strengthen in the fourth quarter, with capital inflows set to increase once foreign investors see improvements in the country’s economic prospects.Purbaya took over from respected former minister Sri Mulyani Indrawati last month amid widespread protests across the country. Some economists blamed the protests on rising inequality and a lack of job opportunities in South-east Asia’s largest economy.Having been tasked to revive economic growth, one of Purbaya’s first acts was to transfer 200 trillion rupiah (S$15.6 billion) of government cash from the central…
Mike Vrabel has made it clear to his players that he won’t shy away from calling them out about things they need to correct.He also doesn’t want to miss an opportunity to praise them.“Give them all game balls on me!” Vrabel shouted as he wrapped his postgame speech in the locker room following the Patriots’ 25-19 win over the New Orleans Saints on Sunday. It was New England’s third consecutive victory, something the Patriots (4-2) haven’t achieved since 2022. It also improved their road mark to 3-0, which Vrabel said his young team should celebrate.“I think that there’s a good…
Research houses say the RM2.35 offer fails to capture upside from New York casino licence and global expansion plans [KUALA LUMPUR] Shares of Genting Malaysia (GENM) and parent company Genting Bhd (Genting) rallied on Tuesday (Oct 14) on news of a massive buyout bid worth RM6.7 billion (S$2.1 billion) that could see the group’s crown jewel delisted from Bursa Malaysia. Analysts appear mixed on the price tag of RM2.35 apiece under the conditional voluntary takeover offer (VTO) by Genting to acquire the remaining 50.64 per cent or 2.87 billion shares in GENM that it does not already own.At first glance,…
Dallas Wings guard Paige Bueckers drove into the teeth of the Las Vegas Aces defense during the first quarter of her WNBA preseason debut. Launching from the left side, Bueckers connected on a left-handed floater from 5 feet, and then fell hard to the baseline.It was a welcome-to-the-league moment that might have left a bruise.Bueckers, the first overall selection in the 2025 WNBA Draft after leading UConn to a national title a month ago, scored 10 points in 23 minutes on Notre Dame’s home floor as the rebuilding Wings lost 112-78 to the perennially title-contending Aces.Jackie Young scored 28 points…
The escalation of trade tensions will accelerate supply chain reconfiguration and push regional economies towards strategic hedgingUS PRESIDENT Donald Trump’s new 100 per cent tariff on Chinese imports marks a dramatic escalation in US-China trade tensions, with substantial and multifaceted ripple effects across Singapore and the broader Asia-Pacific (Apac) region.Singapore faces a uniquely delicate position in this escalating trade conflict. As a major financial hub and transhipment centre, it is both vulnerable and strategically important. Under current frameworks, the city-state has been subject to a relatively low 10 per cent baseline tariff rate. However, this relative favourability may be misleading. Singapore’s…
PAPER TIGERThe fact that Trump couldn’t wait for just one day of a meaningful market correction in China before reversing himself is interesting. Has he realised that the balance of leverage is shifting to China’s favour? Has Trump become – what the Chinese say – a paper tiger?For all his love of the stock market, the Chinese can certainly hold him hostage. By now, the S&P’s AI-driven rally is priced to perfection, and any prolonged supply chain disruptions can derail and kill the stock boom.Beijing’s aggressive new export controls on rare earths, for one, can upset the fabrication process of…
The world’s largest luxury group, led by billionaire Bernard Arnault, has endured an extended pullback, particularly in China, which had long been a driver of growth[PARIS] LVMH sales unexpectedly returned to growth in the third quarter as shoppers splurged on Moet & Chandon Champagne and Dior perfumes, suggesting a persistent slump in luxury demand is easing.Group sales rose 1 per cent on an organic basis, snapping two quarters of declines, LVMH Moet Hennessy Louis Vuitton said on Tuesday (Oct 14). Revenue at all of the company’s divisions exceeded analysts’ estimates, including the key fashion and leather goods unit, which fell…
Nick Wright joins Colin Cowherd to discuss the Kansas City Chiefs rising to 3-3 after beating the Detroit Lions, Josh Allen being “wasted” in Buffalo following the Bills’ loss to the Atlanta Falcons, and Caleb Williams leading the Chicago Bears to 3 straight wins.