Yoolim Lee / Bloomberg:
Seoul-based chip designer FuriosaAI signs a deal with LG to use its AI chip RNGD, its first major contract, after rejecting Meta's $800M buyout offer in March — FuriosaAI Inc., the Seoul-based startup seeking to design chips to compete with Nvidia Corp., has sealed its first major contract months …
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Tuesday, July 22, 2025
Seoul-based chip designer FuriosaAI signs a deal with LG to use its AI chip RNGD, its first major contract, after rejecting Meta's $800M buyout offer in March (Yoolim Lee/Bloomberg)
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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)
Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...
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Amid government scrutiny over its various trade practices, the firm has been able to hold on to a set of consumers looking for cheaper goods...
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http://bit.ly/2XqNIDz
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