AI needs to keep cool—literally. That’s driving demand for these infrastructure companies
The advent of AI has skyrocketed demand for data centers and industrial components to keep all the AI chips from overheating.
AstraZeneca to withdraw Covid vaccine worldwide, citing a drop in demand
Pharmaceutical giant AstraZeneca on Wednesday said it planned to withdraw its Covid-19 vaccine as demand for it has declined.
Georgia appeals court will hear Trump bid to disqualify D.A. Fani Willis in election case
A Georgia appeals court agreed to hear a bid by Donald Trump to disqualify Fulton County District Attorney Fani Willis from his election interference case.
EU seeks information from X on content moderation amid first major probe under new tech rules
The EU Commission is requested information from X under the Digital Services Act, a groundbreaking law that aims to crack down on illegal and harmful content.
Shopify shares plunge 18% on weak guidance
The Canadian e-commerce company beat on the top and bottom line, but it gave downbeat guidance for the second quarter.
Workers are secretly using AI on important tasks over fears it makes them look replaceable, new Microsoft and LinkedIn research finds
Almost half of professionals are worried AI will replace their jobs and are considering quitting in the year ahead, a new Microsoft and LinkedIn report finds.
European markets close higher as investors react to more earnings; Sweden’s central bank cuts rates
European markets closed higher on Wednesday as investors digested more earnings reports in the region.
FTX says most customers of the bankrupt crypto exchange will get all their money back
FTX estimates that it owes creditors around $11.2 billion. FTX said it has between $14.5 billion and $16.3 billion to distribute to creditors.
London’s elite Garrick Club votes to allow women for the first time
Members of Britain’s exclusive all-male Garrick Club voted on Tuesday to permit women to join the institution for the first time in its 193-year history.
British neobank Monzo boosts funding round to $610 million to crack U.S. market, launch pensions
TS Anil, CEO of Monzo, told CNBC his firm plans to use the cash to build new products and accelerate its international expansion plans.
