| Mobile Web

Search results for 10

AI & Enterprise

Nvidia talks with OpenAI on $250 billion guarantee for Ohio data centre

Nvidia is discussing providing about $250 billion in payment guarantees for a large data centre project for OpenAI, the Wall Street Journal reported. The guarantee would support OpenAI leasing a 10-gigawatt project being developed in southern Ohio by an energy unit of SoftBank, the report said. Including chips, the overall cost could exceed $500 billion. The U.S. government would control the power, with Japan funding under a recent trade agreement.

Mobility

China and Thailand lead EV war as Japan and U.S. lag, analysis says

China and Thailand are moving ahead in reshaping the global auto industry by using domestic electric vehicle rollout policies to build export competitiveness, an analysis said. The key is the pace of electrification at home rather than export results alone. China’s plans target a sharp rise in new energy vehicles on its roads, supporting scale, learning effects and supply chains. Thailand is adjusting incentives toward export compensation as it becomes an EV export base.

Finance

KOSPI rebounds 1 percent, recovers 6,750 despite foreigners\' 2.885 trillion won net selling

South Korea\'s KOSPI rebounded despite heavy foreign selling, supported by buying from retail investors and institutions. The benchmark index rose 0.97 percent to 6,755.75 after giving up early gains and sliding as low as 6,557.39 before recovering in afternoon trade. Retail investors bought 1.98 trillion won net and institutions 862.3 billion won net, while foreigners sold 2.885 trillion won net. The Kosdaq climbed 2.22 percent.