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Microsoft plans to invest $3B to build a data center in Mount Pleasant, Wisconsin, and train locals, alongside investing in a new AI lab at Wisconsin University (Tom Dotan/Wall Street Journal) 08-05-2024

Tom Dotan / Wall Street Journal: Microsoft plans to invest $3B to build a data center in Mount Pleasant, Wisconsin, and train locals, alongside investing in a new AI lab at Wisconsin University  —  Company has been on a global spending spree, trying to build infrastructure and goodwill for artificial intelligence Lees verder op Tech Meme

SIA and Boston Consulting Group: the US will triple its domestic chip manufacturing capacity by 2032, boosting its global chip making share to 14% from 10% now (Madeleine Ngo/New York Times) 08-05-2024

Madeleine Ngo / New York Times: SIA and Boston Consulting Group: the US will triple its domestic chip manufacturing capacity by 2032, boosting its global chip making share to 14% from 10% now  —  The United States will triple its domestic chip manufacturing capacity by 2032, the largest increase in the world … Lees verder op Tech Meme

Uber reports Q1 revenue up 15% YoY to $10.1B, Gross Bookings up 20% YoY to $37.7B, below $38B est., and adjusted EBITDA up 82% YoY to $1.4B; UBER falls 10%+ (Natalie Lung/Bloomberg) 08-05-2024

Natalie Lung / Bloomberg: Uber reports Q1 revenue up 15% YoY to $10.1B, Gross Bookings up 20% YoY to $37.7B, below $38B est., and adjusted EBITDA up 82% YoY to $1.4B; UBER falls 10%+  —  – Bookings growth still tops 20% on rides, order frequency gains  — Operating profit falls on anticipated legal fees, settlements Lees verder op Tech Meme