Chinese scientists have created the world’s first superfast memory for quantum computers, solving a critical data-reading bottleneck and paving the way for big-data challenges such as drug discovery and detecting fraudulent financial activities. Quantum computers are expected to solve complex problems at speeds unattainable by traditional computers, and they need an efficient way to access classic...
Chinese scientists have created the world’s first superfast memory for quantum computers, solving a critical data-reading bottleneck and paving the way for big-data challenges such as drug discovery and detecting fraudulent financial activities. Quantum computers are expected to solve complex problems at speeds unattainable by traditional computers, and they need an efficient way to access classical data. Without a high-speed data interface, even the fastest quantum machine is slowed down when...
Regulators issued window guidance as early as April to control the scale of data asset ABS applications. Photo: VCG Chinese regulators have temporarily halted a fast-growing form of asset-backed financing tied to corporate data, amid concerns that local-government financing vehicles (LGFVs) are using the products to disguise debt. Regulators have recently suspended applications for asset-backed se...
Regulators issued window guidance as early as April to control the scale of data asset ABS applications. Photo: VCG Chinese regulators have temporarily halted a fast-growing form of asset-backed financing tied to corporate data, amid concerns that local-government financing vehicles (LGFVs) are using the products to disguise debt. Regulators have recently suspended applications for asset-backed securities (ABS) tied to data assets, several market participants and people close to regulators told Caixin. Two investment bankers said they received window guidance from exchanges on Wednesday telling underwriters to pause new filings.
India cut taxes on bond investments by foreign institutional investors to attract overseas capital and stabilize the rupee which has been under pressure from higher energy prices and equity market outflows. The government notified rules to exempt “any interest on government security, and any capital gains arising from the sale, exchange or transfer of such government security,” according to a noti...
India cut taxes on bond investments by foreign institutional investors to attract overseas capital and stabilize the rupee which has been under pressure from higher energy prices and equity market outflows. The government notified rules to exempt “any interest on government security, and any capital gains arising from the sale, exchange or transfer of such government security,” according to a notification on the official gazette. The measure is likely to check the slide in the local currency which has been among the worst performers in Asia this year.
Sundry Photography CrowdStrike ( CRWD ) CEO George Kurtz said concerns surrounding AI-powered cyber threats are becoming a growing tailwind for the company, but investors expecting to see that impact in the first quarter were looking too soon. “You’re talking about Mythos breaking in the middle of April. Our quarter ends at the end of April,” Kurtz said on Thursday to CNBC. “We’re selling enterpri...
Sundry Photography CrowdStrike ( CRWD ) CEO George Kurtz said concerns surrounding AI-powered cyber threats are becoming a growing tailwind for the company, but investors expecting to see that impact in the first quarter were looking too soon. “You’re talking about Mythos breaking in the middle of April. Our quarter ends at the end of April,” Kurtz said on Thursday to CNBC. “We’re selling enterprise software, not necessarily shipping boxes. So these things take time to get into customers’ hands.” Shares of CrowdStrike ( CRWD ) fell on Thursday despite 'strong' fiscal first quarter results, while analysts pointed to high investor expectations for annual recurring revenue . S ome investors also questioned why the heightened attention surrounding Anthropic’s ( ANTHRO ) Mythos did not translate into a larger near-term boost to results. CrowdStrike raised its full-year net new annual recurring revenue outlook by more than $50M, reflecting growing confidence in customer demand. Kurtz said the company’s updated guidance tells the more important story. “We have the confidence to do that because we see the opportunity that’s in front of us,” Kurtz said. “We see what customers are looking for, which is CrowdStrike.” The CEO said demand for the company’s AI security offerings is accelerating as businesses look for ways to safely deploy artificial intelligence across their organizations. He said CrowdStrike’s AI Detection and Response platform’s second quarter pipeline had already exceeded $50 million, while growing 250% sequentially. “What I know from talking to customers is they want to roll out more AI,” Kurtz said. “If you need more AI, you want to consume more AI, you’re going to need security.” “What AI has done is it’s created more adversaries with greater sophistication because they’re leveraging the models themselves,” Kurtz said. “It means more tailwinds for companies like CrowdStrike.” More on CrowdStrike CrowdStrike Holdings, Inc. 2027 Q1 - Results - Earnings Call P...
Nvidia CEO Jensen Huang said on Friday that he sees robotics as the next major sector in South Korea. He was talking to reporters after arriving at Gimpo airport in South Korea on a flight from Taiwan. Huang said he had meetings scheduled with Hyundai, LG, SK, Samsung and Naver during his trip.
Nvidia CEO Jensen Huang said on Friday that he sees robotics as the next major sector in South Korea. He was talking to reporters after arriving at Gimpo airport in South Korea on a flight from Taiwan. Huang said he had meetings scheduled with Hyundai, LG, SK, Samsung and Naver during his trip.