The great computing chasm
IN May, Sam Altman, chief executive officer of OpenAI, donned a helmet to visit the Texas construction site of a new data centre project.
Bigger than New York's Central Park and costing an estimated US$60bil, the facility is set to become one of the world's most powerful computing hubs when it opens as early as next year.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malaysian Reserve
an hour ago
- Malaysian Reserve
DRB-Hicom to acquire Spirit AeroSystems Malaysia for US$95.2m
DRB-HICOM Bhd's wholly-owned subsidiary, Composites Technology Research Malaysia Sdn Bhd (CTRM), has entered into a conditional share purchase agreement with Spirit AeroSystems Inc and Spirit AeroSystems International Holdings Inc for the acquisition of Spirit AeroSystems Malaysia Sdn Bhd (Spirit MY) for a purchase consideration to be derived based on an enterprise value of US$95.2 million. The transaction is subject to all relevant approvals and conditions being fulfilled. CTRM, recognised as a leading supplier of advanced aerospace composites, specialises in the development and production of composites sub-assemblies for the global aerospace industry. Its core expertise includes producing aircraft composite components, designing and manufacturing composites for aerospace and non-aerospace applications, as well as offering support services such as testing laboratory facilities, composites engineering, and supplier management. Spirit MY, based in Subang, Selangor, is a supplier to global original equipment manufacturers (OEMs) within the aerospace industry. It produces advanced technology aerostructures and provides ancillary services to its related companies. Its products include key components and assemblies for Airbus and Boeing programmes such as the A220, A320/A321, A350, B737 and B787. The company also offers engineering services, supply chain management and shared services. According to CTRM, the proposed acquisition 'represents a strategic opportunity to further enhance CTRM's competitive position in the aerospace industry by enhancing its aerostructures expertise. This would contribute towards improved scale, efficiency, and growth in various areas that would elevate CTRM's presence in key aerospace programmes and deepen its relationships with global OEMs, expanding CTRM's relationships with Airbus for their A220, A320, and A350 programmes, and to Boeing on the 737 and 787 programmes.' The group added that the move would strengthen its presence across the supply chain, positioning it for long-term competitiveness and sustainable growth 'in an increasingly challenging and dynamic aerospace market'. CTRM also noted that the acquisition is aligned with national objectives to strengthen Malaysia's position as a regional aerospace hub under the New Industrial Master Plan 2030 and the Malaysian Aerospace Blueprint 2030, while promoting Malaysian ownership of strategic assets. AmInvestment Bank has been appointed as the principal adviser to DRB-Hicom for the proposed acquisition. — TMR
The Star
an hour ago
- The Star
FBM KLCI gains amid mixed Asian markets, eyes US-China trade talks
KUALA LUMPUR: The FBM KLCI edged higher on Monday amid mixed regional market performance, as investors focused on US-China trade truce developments and awaited a crucial US inflation report. The FBM KLCI rose 6.26 points, or 0.4% to 1,563.24 after moving between its intraday high of 1,565.44 and low of 1,554.95. On the broader market, gainers trounced losers by 513 to 480, while 511 counters were unchanged. About 2.54 billion shares, valued at RM2.2bil, changed hands. Malaysian Pacific Industries was the top gainer, jumping RM1.32 to RM21.50, followed by Nestle, which rose RM1.02 to RM88.52, F&N, which gained 50 sen to RM28 and Hong Leong Bank climbed 24 sen to RM19.34. Among the decliners, Khind slid 54 sen to RM1.66, Mega First fell 14 sen to RM3.45, Tenaga Nasional lost 14 sen to RM13.66 and PIE declined 12 sen to RM3.73. NexG, one of the most actively traded counters, had its intraday short selling (IDSS) suspended for the day. Its share price plunged 29.91%, or 16 sen to 37.5 sen with 188.03 million shares traded. Meanwhile, the ringgit was quoted at 4.2325, up 0.18% against the US dollar, and at 3.2957, up 0.25% against the Singapore dollar. Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.31%. South Korea's Kospi ended 0.1% lower at 3,206.77 while Hong Kong's Hang Seng index closed up 0.19% at 24,906.81. China's blue-chip CSI300 index rose 0.43% to 4,122.51 and the Shanghai Composite Index added 0.34% to 3,647.55. Japanese markets closed for the Mountain Day holiday.
The Star
an hour ago
- The Star
Critical Holdings wins RM41mil mechanical and electrical job
PETALING JAYA: Critical Holdings Bhd has secured a contract worth RM40.76mil to undertake mechanical and electrical works for a new production floor fit up, including cleanroom architecture and process utilities. In a filing with Bursa Malaysia, the engineering services company said the contract was secured via its wholly-owned subsidiary, Critical Sales & Services Sdn Bhd. Critical Holdings said the contract was obtained from a renowned US based multinational corporation 'which offers edge AI deployment, that brings deep-learning to devices with ultra-low-power neural decision processors and hardware-agnostic machine learning models.' 'The aforesaid works are expected to commence and complete by Aug 15, 2025 and Nov 21, 2025 respectively. 'The contract is expected to contribute positively to the earnings and net assets of the company for the financial year ending June 30, 2026,' it said. Other than the normal operational risks associated with the contracts, Critical Holdings said it does not anticipate any exceptional risks.
