Tag: Networking

To Build a Better AI Supercomputer, Let There Be Light
Technology

To Build a Better AI Supercomputer, Let There Be Light

GlobalFoundries, a company that makes chips for others, including AMD and General Motors, previously announced a partnership with Lightmatter. Harris says his company is “working with the largest semiconductor companies in the world as well as the hyperscalers,” referring to the largest cloud companies like Microsoft, Amazon, and Google.If Lightmatter or another company can reinvent the wiring of giant AI projects, a key bottleneck in the development of smarter algorithms might fall away. The use of more computation was fundamental to the advances that led to ChatGPT, and many AI researchers see the further scaling-up of hardware as being crucial to future advances in the field—and to hopes of ever reaching the vaguely-specified goal of artificial general intelligence, or AGI, meaning pro...
Huawei Expects 9% Revenue Growth This Year
World

Huawei Expects 9% Revenue Growth This Year

Dec. 28, 2023 10:09 pm ETHuawei Technologies projected that its revenue grew about 9% in 2023, reflecting the company’s return to a more normal course after years of dealing with U.S. sanctions.The Chinese hardware giant said in a note Friday that it expects annual revenue of 700 billion yuan, or approximately $98 billion, up from CNY642 billion in 2022.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple Is Being Overtaken by Chinese Smartphone Rivals—in Cars
Technology

Apple Is Being Overtaken by Chinese Smartphone Rivals—in Cars

After a decade, Apple still hasn’t introduced an Apple car. Some of its biggest smartphone rivals in China are moving faster.Huawei and Xiaomi, whose phones battle the iPhone for supremacy in China, both released new cars this week with advanced digital features. The companies’ goal is to keep their phone customers engaged in high-tech vehicles and seize turf before Apple’s possible entry into the fray.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Nokia Cuts Operating Margin Guidance Amid Challenging Market
World

Nokia Cuts Operating Margin Guidance Amid Challenging Market

Nokia cut its operating margin guidance as market conditions in its mobile networks business remain challenging, with operator spending falling and a normalization in India after a period of rapid 5G deployment.The Finnish telecom equipment maker said Tuesday that it now targets a comparable operating margin target of at least 13% by 2026, from at least 14% previously.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
SoftBank Corp. to Invest $513 Million in Software Provider for Connected Vehicles
World

SoftBank Corp. to Invest $513 Million in Software Provider for Connected Vehicles

SoftBank Corp.is set to invest 473 million euros, equivalent to $513 million, in Cubic Telecom, a provider of software that helps vehicles link to computer networks and analyzes data from connected vehicles, it said Tuesday.The mobile unit of Japanese technology investor SoftBank Group plans to take a 51% equity stake in Cubic Telecom, valuing the Dublin, Ireland-based company at more than EUR900 million.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
TuSimple Winds Down U.S. Operations as It Looks for Buyer
World

TuSimple Winds Down U.S. Operations as It Looks for Buyer

Self-driving trucking company TuSimple Holdings said Monday that it is winding down its U.S. business, reducing its workforce to about 30 people as it looks for a buyer for its assets that remain in the country.The demise of TuSimple’s U.S. operations marks a precipitous fall for the one-time leader in autonomous long-haul trucking. The San Diego-based company in the past year has had to grapple with safety concerns as well as government scrutiny of its dealings with a Chinese trucking startup. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple Had Better Watch Its Back in China
Money

Apple Had Better Watch Its Back in China

Signals are finally getting stronger for the global smartphone market. Chinese handset makers like Huawei, which had been locked out of the race by U.S. sanctions, are dialing back in.That adds up to a tricky outlook for Apple in China, its second-largest revenue region after North America. Huawei’s Chinese rival Xiaomi, which reported third-quarter results Monday, is also making a renewed push in the premium segment—Apple’s bread and butter.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Walmart Earnings, Low Fuel Prices Drag on Stocks
Money

Walmart Earnings, Low Fuel Prices Drag on Stocks

Earnings selloffs in Cisco Systems and Walmart pulled down the Dow. But the broader market narrowly overcame those drags as well as tumbling energy shares to keep the November rally going.The S&P 500 added 0.1%. The tech-oriented Nasdaq Composite eked out a smaller gain than that and is now up 9.8% this month. The Dow Jones Industrial Average shed about 0.1%, or 46 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
‘Digital Discrimination’ in the Crosshairs of New FCC Rule
World

‘Digital Discrimination’ in the Crosshairs of New FCC Rule

WASHINGTON—Internet service providers will have their business practices scrutinized for “digital discrimination” based on income or race under a regulation set to be adopted Wednesday by the Federal Communications Commission, raising legal risks for some of America’s most powerful companies.  The new rule lays the groundwork for the FCC to hold providers such as AT&T or Comcast liable if their actions “differentially impact consumers’ access to broadband”—intentionally or not. That will include decisions about network upgrades, pricing, marketing, maintenance and more. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Canada Orders Phone Companies to Offer Wholesale Access to Fiber-Optic Broadband
World

Canada Orders Phone Companies to Offer Wholesale Access to Fiber-Optic Broadband

OTTAWA—Canada’s telecommunications regulator on Monday ordered the country’s big phone companies to make available their fiber-optic internet services to small independent broadband providers, saying this would improve access to higher-speed internet for households and bolster competition in the sector.The Canadian Radio-television and Telecommunications Commission said the decision was triggered by worries over a decline in competition in internet services.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8