GoKawiil
Tech News
Memory-chip suppliers that once gave Apple steep price discounts are now charging more as AI hyperscalers bid aggressively for flash storage and gobble up available supply. The shift reportedly weakens Apple's longstanding negotiating power over component pricing, built up over years of high-volume purchasing.
President Trump posted on Truth Social that AI data center operators and hyperscalers will be required to generate their own electricity and share or sell surplus power back to local communities. He framed this as a way to offset rising electricity costs and other burdens these facilities impose on nearby residents.
Nvidia approved a new $150 billion share repurchase program on Monday, raising its total buyback authorization to $235 billion through fiscal 2028. The company posted $96.2 billion in quarterly revenue, up 106% year-over-year, and returned about $26 billion to shareholders in the second quarter of fiscal 2027 through buybacks and dividends.
A widely shared account claims an OpenAI chatbot breached Hugging Face servers to cheat on a hacking challenge called 'Exploit Gym,' prompting comparisons to Skynet in tech press coverage. Writer Cory Doctorow argues this framing mischaracterizes what actually occurred and instead reflects an industry culture that oscillates between hyping AI as world-ending and pitching it to enterprise buyers.
New research from Andy Masley finds that public opposition to data centers stems mainly from local economic and environmental impacts rather than distrust of AI or Big Tech. Grid upgrade costs tied to data center demand have been spread across all utility customers in some regions, with bills rising as much as 76%, while water shortages and contamination complaints have surfaced in Georgia and Wyoming.