Workday CEO Carl Eschenbach warns that “yesterday’s success” poses the greatest danger to today’s leaders. His philosophy, shared by Amazon and Walmart CEOs, reveals why resting on laurels guarantees decline in the fast-moving tech world.
Applied Digital has signed a 15-year, $5 billion lease agreement with an unnamed U.S. hyperscaler for 200 MW of AI infrastructure capacity. The deal comes as the company’s stock faces recent declines, though it has nearly quadrupled in value this year.
Applied Digital has reportedly signed a $5 billion infrastructure lease agreement with a U.S.-based hyperscaler, according to company reports. The 15-year lease will provide 200 megawatts of capacity at the Polaris Forge 2 campus in North Dakota, bringing the company’s total leased capacity across its two campuses to 600 megawatts. Sources indicate that this move aligns with the tech industry’s rapid investment in artificial intelligence infrastructure to meet anticipated demand surges.
The Grid Reliability Challenge Electric utilities across the United States are facing an unprecedented forecasting dilemma as they attempt to…
Billionaire founder Austin Russell has launched a bid to acquire Luminar Technologies five months after being replaced as CEO. The proposed acquisition would involve his new company, Russell AI Labs, purchasing all outstanding shares of the lidar maker according to regulatory filings.
Austin Russell, the billionaire founder of lidar company Luminar Technologies, has reportedly made a bid to acquire the company just five months after being replaced as CEO following an ethics inquiry, according to recent SEC filings. The proposed takeover would involve his new venture, Russell AI Labs, purchasing 100% of Luminar’s outstanding Class A Common Stock at an undisclosed price.
Nvidia’s flagship AI accelerators now rent for as low as $2.80 per hour, representing significant declines from previous pricing. Industry analysts suggest this reflects an emerging divide between hyperscale cloud providers and smaller competitors in the AI infrastructure market.
The artificial intelligence hardware market is experiencing dramatic price fluctuations, with GPU rental costs for AI training plummeting while major cloud providers maintain stable premium pricing, according to recent industry analysis. Sources indicate that Nvidia’s B200 GPU accelerator, which reportedly cost approximately $500,000 upon its late 2024 release, now rents for as low as $2.80 per hour—representing a significant decline from earlier pricing levels.
