Industry leading organizations unite under neutral Foundation led by new governing board chair David Nalley to support the future of interoperable AI Summary Agentic AI Foundation (AAIF) appoints David Nalley as governing board chair, and welcomes 18 new Gold Members and 79 new Silver...
The demand for diamonds has increasingly dropped over the years, a move attributed to an increased market for synthetic diamonds, slacking demand from China, and global economic instability. Local experts say diamond prices have been dwindling over the years, with the realisation that diamonds are not forever. Diamonds deliver Namibia’s biggest revenue, with a decline [...]The post Namibia faces fiscal pressure as synthetic diamonds devalue natural market appeared first on The Namibian.
Witchmark Distillery, based in a 17th-century barn on the historic Fonthill Estate near Salisbury, is now stocked in Selfridges.
A free pop-up experience in Santa Monica will help fans unleash their inner Parista – aka, someone who brings fun, flavor and glamour to their daily coffee routine. Join the Party: Event Quick Facts What: Free International Delight Parista Pop-Up Experience When: March 12, 2026, 4:30 p.m....
WASHINGTON, D.C., Feb. 24, 2026 (GLOBE NEWSWIRE) -- The United States Mint (Mint) will begin accepting orders for the 2026 American Eagle One Ounce Silver Proof Coin (W) (product code 26EA) beginning on February 26, 2026, at noon EST.
New venue is set to open in Colchester city centre after a premises licence was granted for a long-vacant unit on St John’s Street.
Five Scottish firms using data gathered from space to create environmental solutions are sharing £150,000 of funding to advance their projects
By the standards Trump uses to measure his success, there has been no progress, David Olive writes.
A little over one year ago, the American people gave Republicans in Congress and the White House a mandate: reverse course on four years of disastrous Biden Administration policy that had hollowed America into a shell of its former glory.
SAN FRANCISCO: Advanced Micro Devices said on Tuesday it has agreed to sell up to $60 billion worth of artificial intelligence chips to Meta Platforms over five years in a deal that allows the Facebook owner to purchase as much as 10% of the chip firm.AMD shares rose more than 10% in premarket trading after closing at $196.60 in the previous session.The company had signed a similar pact with OpenAI last year, which was hailed as a vote of confidence in its chips and software, significantly boosting its stock price.A recent slew of chip supply agreements underscores huge appetite for processors from the AI industry. Meta has separately struck a deal with AMD’s larger rival Nvidia to buy millions of AI chips.The partnership underscores the deepening ties among some of the AI industry’s top players amid rising concerns around circular deals.Meta and OpenAI are set to own a stake in one of their most significant suppliers at a time when rival chipmaker Nvidia is eyeing investments in some of its largest customers, including the ChatGPT parent.READ MORE: Reliance, Adani drive India’s AI push with plans to invest $210 billionAMD will supply six gigawatts’ worth of chips to Meta, starting with one gigawatt of the company’s forthcoming MI450 flagship hardware in the second half of this year, AMD CEO Lisa Su told a news briefing.Investor worries about the AI market also extend to the long wait for significant payoffs from Big Tech’s relentless spending to expand data center infrastructure.Capital expenditure from Alphabet, Microsoft, Amazon.com and Meta is expected to total at least $630 billion this year, according to Reuters calculations, with most of the spending focused on data centers and AI chips.In addition to the AMD’s flagship graphics chips, Meta also plans to buy central processors, including a variant that will be customized for the social media platform’s needs.The custom CPU will be tuned to deliver powerful performance while keeping energy consumption as low as possible, Su said. The deal will include two generations of AMD’s CPUs.“So no question Mark is very, very ambitious in what he wants to accomplish, and we want to use every aspect of our technology to really help Meta to accomplish that,” Su said, referring to Meta CEO Mark Zuckerberg.Meta helped contribute to the MI450 design that is optimised for a computing process known as inference, which is when a chatbot such as OpenAI’s ChatGPT responds to a user’s queries.Industry analysts expect the market for inference hardware to dwarf the size of the market for the equipment needed to build the large models AI runs from.As part of the agreement, AMD will issue a warrant for 160 million shares with an exercise price of one cent.The warrant will vest over the course of the deal and will do so after AMD stock price hits rising performance targets up to $600. In addition to the stock price targets, there are “technical and commercial considerations” for each tranche of the warrant that Meta needs to fulfill.“Meta is making a big bet on AMD,” Su said.Meta plans to continue to buy chips from other vendors and develop its in-house processors at the same time, Santosh Janardhan, Meta’s infrastructure head, said in a call with reporters.Meta has been in talks with Google about using the company’s tensor processors for AI work, sources have said. The scale at which Meta is building data centers and infrastructure requires multiple chip vendors and approaches, Janardhan said.“All of the chip makers end up having sort of a seat at the table,” Janardhan said.
The constant battle over tariffs in the last year has “exhausted” stock markets, which are likely to see big wins in technology earnings and metal prices this year, according to a market analyst.
There’s a new president in charge at the Seminole Hard Rock Hotel & Casino in Tampa — one in a slew of new appointments Seminole Gaming and Hard Rock International made across the country this month. According to a release, Travis Lunn, 52, has been named the president of the organization’s Tampa hotel and casino. A new addition to the organization, Lunn will report to David Hoenemeyer, the chief operating officer of Seminole Gaming. Seminole Gaming manages six Florida casinos for the Seminole Tribe of Florida, including the Hard Rock Hotel & Casino in both Tampa and Hollywood. The Tampa Hard Rock is the largest in Seminole Gaming’s portfolio. “These appointments reflect both the exceptional talent within our organization and hte caliber of new leaders we’re bringing to our team,” Jim Allen, Chairman of Hard Rock International and CEO of Seminole Gaming, says in the release. Lunn brings more than 25 years of gaming and hospitality leadership experience to his new role. He most recently worked for MGM Resorts international, serving as president and COO of Mandalay Bay, The W, Luxor and Four Seasons, according to the statement. Lunn’s career also includes leadership roles at The Borgata Casino and multiple roles in the MGM Resorts Southeast Group, overseeing Mississippi’s Beau Rivage Resort & Casino in Biloxi and Gold Strike Casino Resort in Tunica. Lunn also held leadership positions at the MGM Grand Las Vegas and the Venetian and The Palazzo resorts.