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News
HSBC bags £135m from UK wing of collapsed Silicon Valley Bank
2+ mon, 2+ week ago (392+ words) The rescued UK wing of Silicon Valley Bank has paid another bumper dividend to HSBC as it racked up costs amid a sweeping restructure. HSBC Innovation Banking – the branding bestowed on the collapsed Silicon Valley Bank UK (SVBUK) – was taken…...
Super Micro Expands Silicon Valley Campus
4+ mon, 2+ week ago (172+ words) Super Micro Computer (SMCI, Financials) announced a major expansion in Silicon Valley with a new business complex near its San Jose headquarters, as demand for artificial intelligence infrastructure continues to grow. Warning! GuruFocus has detected 6 Warning Signs with SMCI. Is…...
UC Berkeley offers tech to United Nations to reduce pollution
9+ mon, 3+ day ago (561+ words) The United Nations is unveiling a new tool to help countries cut down pollution. The tool was created in the Bay Area. Senior Investigative Reporter Bigad Shaban reports. The University of California, Berkeley unveiled a new interactive tool on Tuesday…...
OpenAI, AMD sign chip supply partnership for AI infrastructure
11+ mon, 1+ week ago (470+ words) Semiconductor maker AMD will supply its chips to artificial intelligence company OpenAI as part of an agreement to team up on building AI infrastructure, the companies said Monday. OpenAI will also get the option to buy as much as a…...