Friday, March 24, 2023

Xiaomi Reports Record Drop in Q4 Revenue, Loses Indian Smartphone Market in Higher-End Devices to Samsung

Chinese smartphone maker Xiaomi on Friday reported a record drop in fourth-quarter revenue as the company weathered a slowdown in consumption and disruptions due to China's COVID-19 curbs. Early signs suggest China's economy will only rebound slowly, as consumers remain cautious about spending money despite an easing of restrictions on domestic and international trave...

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Elon Musk’s xAI supercomputer gets 150MW power boost despite concerns over grid impact and local power stability

Elon Musk's xAI supercomputer gets power boost amid concerns 150MW approval raises questions about grid reliability in Tennessee Lo...