supply
OpenAI signs chip supply deal with AMD to build AI infrastructure
[ad_1] 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...
Oil posts 8% weekly loss on potential Opec+ supply additions
[ad_1] [HOUSTON] Oil prices settled higher on Friday but posted a weekly loss of 8.1 per cent after news of potential increases to Opec+ supply.Brent crude futures closed up 42 cents,...
Fu Yu closes investigations into supply chain unit, sees ‘no merit’ in taking action against individuals involved
[ad_1] [SINGAPORE] Precision manufacturer Fu Yu Corporation will close its investigations into irregularities at its wholly owned supply chain unit, and will not take further action against the individuals involved.“The...
Samsung, SK Hynix to supply memory chips to OpenAI’s Stargate project
[ad_1] [SEOUL] Samsung Electronics and SK Hynix have signed letters of intent to supply memory chips for OpenAI’s data centres, they said on Wednesday (Oct 1), as South Korean chipmakers...
Oil settles lower as Opec+ plan adds to expectations of supply surplus
[ad_1] [HOUSTON] Oil prices settled lower on Tuesday as investors braced for a supply surplus due to potential Opec+ plans for a larger output hike next month and the resumption of oil exports...
Oil gains on Ukraine drone attacks cutting Russian supply
[ad_1] [HOUSTON] Oil prices rose on Friday (Sep 26) as Ukraine’s drone attacks on Russia’s energy infrastructure cut the country’s fuel exports.Brent futures settled at US$70.13 a barrel, up 71...
Oil prices surge 3% to 7-week high as surprise US stockpile draw adds to supply worries
[ad_1] [NEW YORK] Oil prices climbed about 3 per cent to a seven-week high on Wednesday as a surprise drop in US weekly crude inventories added to a sense in the...
Petronas reaffirms gas supply commitments after Malaysian court win
[ad_1] Shell Malaysia says that Shell MDS respects and will comply with the ruling of the Court of Appeal on the matter[KUALA LUMPUR] Malaysian state energy firm Petronas said on...
Tech deals no longer an easy win for investors; AI demand will see more need for power supply: Bain report
[ad_1] Software spending among companies is declining, and software revenue as a percentage of US GDP has started to ease off[SINGAPORE] After years of seeing great returns from investing in...
Oil prices slip as robust supply outweighs Fed cut
[ad_1] [HOUSTON] Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by the US Federal Reserve...
