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Local business offers alternative options For more than 25 years, Luke Temple has been fascinated by the healing power of cannabis. After returning to Texas from California and learning about hemp legalization, he saw an opportunity to build something meaningful. That vision became T&T Roots, a health and wellness comp
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News
Oracle's quarterly revenue beats estimates as AI boom drives cloud demand
3+ day, 9+ hour ago (403+ words) Sept 10 (Reuters) - Oracle topped Wall Street expectations for first-quarter revenue on Thursday and lifted its annual profit forecast, boosted by strong demand for its cloud computing services from surging enterprise spending on AI. Shares of the company, which have fallen…...
Nvidia-backed Firmus signs deal with OpenAI for Malaysia data centre capacity
6+ day, 4+ hour ago (235+ words) Sept 8 (Reuters) - Australia's Firmus said on Tuesday it had signed a multi-year deal with OpenAI to supply computing capacity from two Malaysian data centres, making the ChatGPT maker an anchor customer as demand surges for infrastructure to run advanced AI…...
Nvidia pauses revenue-sharing deals with AI cloud companies, WSJ reports
2+ week, 3+ day ago (389+ words) Aug 27 (Reuters) - Nvidia has paused some deals that were part of its new financing initiative that offered credit support to AI cloud companies in exchange for a share of revenue, the Wall Street Journal reported on Thursday, citing people familiar…...
Nvidia discusses Perplexity investment at $30 billion-plus valuation, The Information reports
3+ week, 2+ hour ago (139+ words) The Lufkin Daily News Aug 23 (Reuters) - Nvidia is discussing investing in Perplexity as part of an equity round that would value the AI startup at more than $30 billion, the Information reported on Sunday citing people with knowledge of the discussion....
Nvidia to ship AI chip for China by year-end, The Information reports
3+ week, 3+ day ago (173+ words) Aug 20 (Reuters) - Nvidia plans to start shipping small volumes of an AI chip designed for Chinese customers by year-end, The Information reported on Thursday, citing two employees. Several Chinese customers have already ordered the chip, a version of Nvidia's language…...
Nvidia H200 chips reach China in small shipments, FT reports
3+ week, 5+ day ago (182+ words) Aug 18 (Reuters) - Small batches of Nvidia's H200 chips, one of the company's most powerful AI chips, have been allowed to enter mainland China, the Financial Times reported on Tuesday, citing two people with knowledge of the matter. ByteDance and Tencent have…...