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Author: Team NIDO
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It’s no secret that Nvidia (NASDAQ: NVDA) dominates the artificial intelligence (AI) chip market, particularly in the large-scale data center sector. Think of the server farms built by companies like Amazon and Alphabet. Last quarter, the company brought in $26.5 billion in revenue from high-profit segments. That’s 10 times the amount managed by its biggest competitor, AMD, but not only is Nvidia selling more, it’s selling at a lower cost. The company’s net income for the same period was a whopping 25 times that of AMD.Media attention is almost entirely focused on this segment. It makes perfect sense. That number…
Netflix announced its third quarter financial results on Thursday. The number of new subscribers was 5.07 million, exceeding analysts’ expectations. Streaming services are looking to increase new revenue sources such as games and advertising. Thank you for registering! Access your favorite topics in a personalized feed on the go. Download the app By clicking “Sign Up”, you agree to our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our settings page or by clicking “unsubscribe” at the bottom of the email. Netflix’s subscriber base grew more than expected in the third quarter, showing that…
A California tribe that supports education throughout the state, including the Coachella Valley. State Representative Greg Wallace presented $5,000 Barona Education Grants to students at La Quinta Middle School on Thursday. This funding is intended to purchase educational materials such as books and computers to help current and future students learn more. La Quinta Middle School administrators said they plan to use the award to purchase high-interest books and support families to improve their students’ literacy skills. La Quinta Middle School Principal Kristen Wood said: “We think this is great. Anyone, any charity, supports early literacy and we love that…
Fortress Investment Group has risen to the top of the litigation funding industry. It put $6.6 billion into legal assets and another $2.9 billion into intellectual property. But beyond money, the secret to the company’s success may be its enthusiasm and attention to detail. Listen here and subscribe to On The Merits on Apple Podcasts, Spotify, Megaphone, or Audible.Bloomberg Law Litigation and Finance correspondent Emily Siegel spoke with two Fortress executives: Jack Newmark, managing partner and co-chief information officer, and Eran Tzur, head of intellectual property. The conversation lasted almost three hours. The two discussed the firm’s litigation finance activities…
President of Ukraine Volodymyr Zelenskiy signed the Law on Amendments to the Customs Law of Ukraine on the Application of Certain Provisions of the Customs Law of the European Union. According to the Ukrinform news agency, this was reported via telegram by Jaroslav Zhelezniak, a member of the Golos parliament faction. This law effectively completes the implementation of the main parts of EU customs legislation (EU acquis) in Ukrainian law. In particular, the concept of customs representation similar to that existing in EU countries has been introduced, and companies are gradually moving towards the European authorization system. Additionally, the document…
President Trump’s plan to deport millions of immigrants will cost hundreds of billions of dollars, CBS News analysis shows
In the final months of his presidential campaign, former President Donald Trump is doubling down on his promise to carry out the largest mass deportation effort in American history. Last week in Reading, Pennsylvania, President Trump received enthusiastic applause from a crowd at a rally when he said he would “get these people out of the country” and “deport them rapidly.” On Friday in Aurora, Colorado, President Trump told rallygoers: “We will save Aurora and all the towns that have been invaded and conquered.” Immigration researchers, lawyers and economists point to enormous constitutional, humanitarian and economic problems posed by President…
You’re reading the web version of STAT’s Health Tech newsletter. This newsletter is a guide to how technology is transforming the life sciences. Sign up to get it delivered to your inbox every Tuesday and Thursday. Medical organizations supporting the GLP-1 telemedicine boom It’s relatively easy to go online and pick up a prescription for a GLP-1 treatment for diabetes or obesity, thanks to dozens of companies stepping up to meet the demand for potentially life-changing treatments is. STAT’s Katie Palmer reports that behind the scenes, a small network of clinicians writes prescriptions for many websites. Some sites do not…
U.S. nuclear power is getting a big boost from Big Tech as the use of energy-intensive AI expands. Amazon announced Wednesday that it is investing $500 million to develop nuclear technology to power its data centers. The announcement comes just two days after Google revealed its own nuclear power project.In a blog post on Monday, Google said: “We are adding new power to the power grid to support AI technologies that drive great advances in science, better serve businesses and customers, and promote national competitiveness and economic growth.” We need a source.”Last month, Microsoft announced plans to work with Constellation…
The Texas State Board of Education will vote on state-developed textbooks next month. Check it out now.
The Texas Education Agency on Wednesday released updated instructional materials that the state Board of Education is expected to vote on in late November. The public can view the latest versions of the materials online.The revisions come about a month after public comment and feedback during several hours of SBOE hearings last month, during which critics argued that English language arts for kindergarten through fifth grade They criticized the inappropriate inclusion of Bible stories in the reading curriculum and the privileging of Christianity over other religions. Supporters countered that Biblical stories have literary and historical value.TEA previously told KUT in…
Shares of several semiconductor manufacturers rose on Thursday as Taiwan Semiconductor Manufacturing Co.’s (TSM) strong third-quarter results sparked optimism about AI demand.After underperforming the broader market earlier this week, the PHLX Semiconductor (^SOX) index was up 1.8% as of midday trading Thursday, while the S&P 500 (^GSPC) was up about 0.1%.AI chip maker Nvidia (NVDA) rose 3% to a new intraday high as investors reacted to TSMC’s positive outlook on artificial intelligence. Nvidia rival Advanced Micro Devices (AMD) rose 1.3% before paring. Semiconductor maker Qualcomm (QCOM) rose 1.7%, and semiconductor giant Broadcom (AVGO) rose 3.5%. U.S.-listed TSMC shares rose 11%,…