The near-shutdown of the Strait of Hormuz has entered its 11th week, cutting about 20% of global seaborne crude supply and causing Iraqi exports to drop by up to 90%. This geopolitical tension has kept oil prices elevated, with WTI crude rebounding to $102, supported by technical indicators and strong buyer interest. Brent crude remains steady near $110, supported by an ascending channel and moving averages. The ongoing supply disruptions and inventory trends suggest continued volatility, with bulls targeting higher levels around $105 for WTI. Natural gas prices also show bullish momentum amid normal seasonal inventory builds and moderating demand forecasts.
Li Auto has integrated Arteris' FlexNoC 5 network-on-chip IP and Magillem software into its proprietary autonomous driving SoCs for the new L9 Livis SUV. This technology supports AI data movement and integration, enabling the vehicle to perform 2,560...
Arteris, Inc. announced its system IP technology is adopted by Li Auto for its new L9 Livis flagship SUV, integrating the Mach M100 autonomous driving SoC. This collaboration enhances AI data movement and system efficiency, meeting high performance, ...
Durantic, founded by former Meta and Hudson River Trading engineers, has launched a managed infrastructure layer to operate AI workloads across diverse GPU environments. The company addresses the growing complexity of AI infrastructure, which spans h...
Viavi Solutions announced a public offering of 11.1 million shares at $45 each, aiming to raise about $500 million before fees. The proceeds will primarily repay $450 million of Term Loan B debt, with any remaining funds used for working capital or g...
Singapore has signed agreements with OpenAI and Google to enhance its AI ecosystem and accelerate AI use in public services, healthcare, education, and enterprise. OpenAI will invest over 300 million Singapore dollars to establish its first overseas ...
