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A comprehensive AI sector study – conducted by the Department for Science, Innovation and Technology (DSIT) in collaboration with Perspective Economics, Ipsos, and glass.ai – provides a detailed overview of the industry’s current state and its future prospects. In this article, we delve deeper into the key findings and implications—drawing on additional sources to enhance […]
SK Hynix, the world’s second-largest memory chip manufacturer, posted remarkable financial results for the third quarter of 2024. The company’s operating profit reached 7 trillion won ($5 billion), marking a 29% increase from the previous year. The company’s revenue climbed to 17.6 trillion won, setting a new quarterly record with a 7% year-over-year growth. This […]
SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January 30, 2023. Jakub Porzycki | Nurphoto | Getty Images South Korea’s SK Hynix, one of the world’s largest memory chipmakers, on Thursday posted record quarterly profit, boosted by strong demand for its high bandwidth memory […]
A recall-related stop-sale in the third quarter flipped BMW brand’s 3.1 percent first-half sales increase into a 0.2 percent decline after nine months. Source link
New Zealand batter Chad Bowes broke the record for the fastest double century in men’s List A cricket by smashing 200 off 103 balls in a domestic one-day match. The 31-year-old reached the milestone while playing for Canterbury against Otago Volts in the Ford Trophy at Christchurch’s Hagley Oval. The previous record – a double […]
Aston Villa extended their 100% record in the Champions League this season by beating Bologna 2-0 at home on Tuesday. The result leaves Villa top of the 36-team league table, with three victories, six goals scored and zero conceded. Unai Emery’s side claimed the victory thanks to second-half goals from John McGinn and Jhon Duran, […]
For the first time in English top-flight history, four clubs remain without a win from their opening eight games of a season. But what does that mean for Wolves, Southampton, Ipswich and Crystal Palace? Can they turn their form around to avoid relegation from the Premier League in 2024-25? The 2024-25 Premier League campaign is […]
Government borrowing in September rose to the third highest figure for that month since records began in January 1993. Official figures show that borrowing – the difference between spending and tax revenue – reached £16.6bn last month. The Office for National Statistics (ONS) said the figure was £2.1 billion more than September last year. This […]
Mexico’s navy has said it arrested 23 people in its largest-ever drugs bust, seizing over eight tonnes of illicit cargo in an operation off the country’s south-western Pacific coast. “Navy personnel seized 8,361 kilograms of illicit cargo, which represents the largest amount of drugs seized in a maritime operation, unprecedented in history,” a statement from […]
A global episode of heat-related coral bleaching has grown to the largest on record, US authorities said Friday, sparking worry for the health of key marine ecosystems. From the beginning of 2023 through October 10, 2024, “roughly 77 percent of the world’s reef area has experienced bleaching-level heat stress,” Derek Manzello of the National Oceanic […]