SLATE SWITCHES BATTERY TYPE IN AFFORDABLE EV TRUCK
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Slate has changed the battery technology in its budget electric truck. The decision reflects years of strategic momentum toward the switch.
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SK Hynix and Micron Technology have solidified their position at the center of the AI boom through consecutive announcements this week, establishing memory chips as the hottest segment of the artificial intelligence market.
Qualcomm raised its non-handset chip revenue forecast to $40 billion by 2029, nearly doubling its previous $22 billion projection. The chipmaker expects data center sales alone to reach $15 billion within the same timeframe.
A new cooling architecture operating at 45°C reduces data center water consumption to near zero while handling high-density AI workloads. The design addresses water scarcity concerns as data centers consume billions of gallons annually.
Cerebras Technologies' stock plunged following its first earnings report as a public company, after the AI chipmaker provided a narrower gross margin outlook for its core business. CEO Steve Letter attributed the market reaction to misunderstandings about the company's profitability trajectory.