A new report highlights the demand for startups building open source tools and technologies for the snowballing AI revolution, with the adjacent data infrastructure vertical also heating up. Runa Capital, the venture capital (VC) firm that upped sticks from Silicon Valley and moved its HQ to Luxembourg in 2022, has published the Runa Open Source Startup … Read more
In the current era of spaceflight, the Moon is arguably the place to be. International space agencies and private companies alike are racing to the lunar surface, hoping to establish a permanent presence on Earth’s natural satellite that would propel them to farther celestial pitstops. All that increased activity on the Moon may affect the … Read more
Eugene Mymrin/Getty Images Boardroom executives are eager to exploit generative artificial intelligence (GenAI). The demand is creating huge pressure for CIOs and IT professionals, according to Logicalis’ tenth annual CIO Report. Logicalis group CTO Toby Alcock says his firm’s research shows CIOs are in a tough spot. The rest of the business has heard about GenAI’s … Read more
An oil pumpjack operates in Los Angeles on July 31, 2023. Mario Tama | Getty Images Crude oil futures posted a weekly loss as lackluster demand out of China collided with a market that the International Energy Agency views as well-supplied. The West Texas Intermediate contract for April fell 92 cents, or 1.17%, to settle … Read more
HONG KONG — China’s exports and imports for the first two months of the year beat estimates, an indication that demand may be improving as Beijing attempts to speed up its economic recovery. Exports in January-February grew 7.1% from a year earlier, according to customs data released Thursday, up from a 2.3% rise in December. … Read more
Workers collect dry cocoa beans in front of the store of a cocoa cooperative in the village of Hermankono on Nov. 14, 2023. Sia Kambou | Afp | Getty Images Analysts believe the cost of the core chocolate ingredient may have room to extend its record-breaking run, with no sign of significant demand destruction yet … Read more
A travel-focused startup that the COVID pandemic could have killed has instead thrived. TravelJoy, a company providing a suite of tools for travel entrepreneurs and travel business operators, is now facilitating over $1 billion in annual spend for its customers, as interest in travel rebounded in the U.S. in the post-pandemic months. Now, the company … Read more
Samsung said on Tuesday that it has developed the industry’s first 12-stack HBM3E DRAM, making it a high bandwidth memory with the highest capacity to date. The South Korean tech giant said the HBM3E 12H DRAM provides a maximum bandwidth of 1,280GB/s and a capacity of 36GB. The bandwidth and capacity are all up by … Read more
gorodenkoff/Getty Images Some top universities are pitching professional development programs for artificial intelligence that seem to require very little of a programming or development background. The University of Pennsylvania, for example, offers a 24-week boot camp that states, “no previous programming experience required.” Not to be outdone, the Massachusetts Institute of Technology offers a 12-week … Read more
ZAGREB, Croatia — Thousands of people rallied in Croatia’s capital on Saturday, accusing the ruling center-right party of corruption and demanding that this year’s parliamentary election be held as soon as possible. The gathering in Zagreb was organized by 11 center and left-leaning opposition parties, with political tensions in the European Union member nation rising. … Read more