The demand for diamonds has declined as its allure fades in a key consumer market, China. “Diamonds don’t really fit in anymore despite the strong legacy of De Beers under Anglo,” independent diamond industry analyst Paul Zimnisky reportedly said. According to Zimnisky’s rough diamond index, diamond prices have decreased byRead More →
While Nvidia continues to dominate the AI chip market headlines, Infineon, a German semiconductor company, is also making waves. Infineon is capitalizing on the AI surge, aiming to generate billions in revenue through the sale of premium chips. As AI applications proliferate, encompassing data centre servers and integrated chipsets forRead More →
China’s exports in May increased more than anticipated, whereas imports fell short of expectations, according to customs data released on Friday 7th May 2024. Exports increased by 7.6% in May from the previous year, surpassing the analysts’ expectations of 6% growth. Imports, however, increased by 1.8% during that time, missingRead More →
On Thursday, 6th June 2024, the European Central Bank announced a reduction in interest rates, a move that was widely expected, despite persistent inflationary pressures in the eurozone, which comprises 20 nations. The central bank’s primary rate has been lowered to 3.75%, a decrease from the historic high of 4%Read More →
The S&P 500 reached a new high as Nvidia surpassed the $3 trillion mark for the first time, and the anticipation of an interest rate cut grew due to softer-than-expected job data. S&P 500 all-time high as of 5th June 2024 Similarly, the Nasdaq 100 and Nasdaq Composite achieved newRead More →
Election UK style. “Take me to your leader.” “Err… we don’t have one!”Read More →
How about if we sell ‘slogan’ advertising space on the lectern. ‘I Have a plan‘ and ‘Change‘ spring to mind. A plan to do what and a change to what… exactly?Read More →
Banknotes featuring a portrait of King Charles III entered circulation on Wednesday 5th June 2024. Charles’s portrait will be featured on the front of the £5, £10, £20, and £50 banknotes, visible through the notes’ transparent security window. He is only the second monarch to appear on British banknotes, followingRead More →
Albert Camus 1913 – 1960 Albert Camus was a French philosopher, author, dramatist, journalist, world federalist, and political activist. He received the 1957 Nobel Prize in Literature at the age of 44, becoming the second youngest recipient in history. See WikipediaRead More →
Kneron, a startup specializing in artificial intelligence chips, unveiled its latest products on Wednesday 4th June 2024. The company aims to exploit the growing world-wide interest in AI and provide an alternative to industry heavyweights such as Nvidia and AMD. The company, headquartered in Taiwan and supported by American semiconductorRead More →
Intel announced its new Xeon 6 processors at the Computex tech conference in Taiwan on Tuesday 4th June 2024. This announcement coincides with the recent launches of new artificial intelligence chips by rivals Nvidia and AMD on Sunday and Monday 2nd and 3rd June 2024 – as they compete forRead More →
ThousandEyes, Cisco’s internet monitoring division, has introduced a new suite of AI-driven features known as Digital Experience Assurance, or DXA, on Tuesday 4th June 2024. The firm asserts that this new AI technology will allow customers to not only monitor but also automatically address issues affecting network quality. Describing itselfRead More →
Bad economic news appears to have had an interesting impact on the stock market recently. Traditionally, negative economic data might be anticipated to result in falling stock prices; however, recent trends have diverged from this norm. News trend In the past two months, negative economic news has had a paradoxically positiveRead More →
Bitcoin miners have been diversifying operations into artificial intelligence (AI) due to several key factors. Since Bitcoin halving, miners have been searching for more lucrative income streams as AI and crypto industries collide. Revenue shift The revenue from crypto mining, especially Bitcoin, has significantly decreased in recent months. After the ‘BitcoinRead More →
“My new best friend… what makes you think I work from home?”Read More →
AMD announced new artificial intelligence chips on Monday 3rd June 2024, aiming to position itself as a leader in the market alongside competitors such as Nvidia and Intel. “AI is our number one priority and we’re at the beginning of an incredibly exciting time for the industry as AI transformsRead More →
Nvidia has revealed its latest generation of AI chips, coming just months after the release of its preceding model. This rapid succession underscores the intense competition within the AI chip market and Nvidia’s relentless effort to maintain its leading position. CEO Jensen Huang has now committed to unveiling new AIRead More →
