01.AI, a Chinese AI startup, has stockpiled enough Nvidia AI and HPC GPUs to last 18 months, in anticipation of a U.S. export ban. Looks like 01.AI is taking “goo big or go home” to a new level with their GPU shopping spree. They’re basically the dragon from “The Hobbit,” Read more…
US Treasuries may face renewed selling pressure into the new year if one measure of the nation’s swelling debt repayment bill is any guide. Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows. That projected amount Read more…
The Canadian federal government hired KPMG consultants at a cost of hundreds of thousands of dollars for advice on how to save money on consultants, documents show. New spending details tabled in Parliament show the department of Natural Resources, led by minister Jonathan Wilkinson, approved $669,650 for KPMG, a global Read more…
In an ingenious study published this summer, US researchers showed that within a few months of the launch of ChatGPT, copywriters and graphic designers on major online freelancing platforms saw a significant drop in the number of jobs they got, and even steeper declines in earnings. This suggested not only Read more…
A robot in a South Korea distribution center crushed a man to death after the machine apparently failed to differentiate him from the boxes of produce it was handling. The man, a robotics company worker in his 40s, was inspecting the robot’s sensor operations at a distribution centre for agricultural Read more…
