Michael Burry issues blunt warning as he bets against 2 AI favorites
Michael Burry has been building short-semiconductor-book lately. I covered his Micron short, his Caterpillar bet, and his SOXX…
City Rail Link: Three reviews to examine cost, delays and benefits
“That does come with trade-offs along the way,” he said. The first review is underway and being led…
Yemen’s crumbling roads mean an arduous quest for water for Taiz villagers | Humanitarian Crises
Taiz, Yemen – Hiring a minibus to the Ragem village market, 70km (45 miles) from Taiz, has become…
Proposal to truck Delmore wastewater from Ōrewa to Whangārei raises concerns
Based on those preliminary estimates, tanker journeys between Ōrewa and Whangārei could total about 486,000km and more than…
IMF Report: AI Could Boost Sub-Saharan Africa’s GDP by 4% if Infrastructure Barriers Are Overcome
Artificial intelligence (AI) could increase Africa’s gross domestic product (GDP) by up to 4 per cent over the…
New Zealand Army recruit training not in a position to meet demand effectively, Government paper says
Asked if that was a risk, Penk said it was a “risk that always exists if you don’t…
St Mary’s Bay sinkhole raises questions as intensification looms
Auckland Council has approved Plan 120, a move that would permit building heights of up to 15 storeys…
Seagate forecasts upbeat quarter on strong AI-driven storage demand
July 28 (Reuters) – Seagate Technology forecast quarterly revenue and profit above estimates on Tuesday, as the rapid…
Yemen’s health workers race to halt latest outbreak of deadly dengue fever | Health News
Mukalla, Yemen – Under the scorching sun and through heady humidity, Salem bin Shabz and his team of…
‘The AI trade is still on’: Wall Street sees Big Tech’s spending as positive for semiconductor stocks
The AI trade this year has been centered around infrastructure plays, including chips, networking equipment, and data center…
Data centers are actually making your electric bill cheaper—but sinking AI demand could change that
In the era of hyperscalers, the rising unpopularity of data centers has become inextricably linked with the fear…
Oracle Cut 21,000 Jobs as Big Tech’s $600B AI Buildout Grinds On
Image: Flickr – Not Quite a Photographr Big Tech’s infrastructure buildout has a price tag that goes beyond…