Latest AI News

Europe's aging power plants are undergoing digital transformation in response to surging electricity demand from AI data centers. Traditional plants are being upgraded with digital twins, IoT sensors, and automated controls to improve efficiency and reliability. These modernizations allow plants to optimize operations, predict maintenance needs, and quickly adapt to fluctuating power demands. While the upgrades help extend plant lifespans and support Europe's renewable-focused grid, challenges remain in integrating new technology with old infrastructure and balancing emissions targets with growing energy requirements for AI systems.

South Korea has announced support measures for companies facing new US tariffs following a bilateral agreement that set a 15% rate on Korean exports, lower than the initially threatened 25%. The deal affects various industries, particularly automobiles, while semiconductors and pharmaceuticals received provisions ensuring equal treatment with other US trading partners. Government assistance will include financial support, market diversification programs, and trade consultation services. The US remains a crucial market for South Korea, which exported $131.5 billion in goods there last year, prompting officials to closely monitor economic impacts and indicate willingness to revisit negotiations if necessary.

Broadcom's new Jericho4 ethernet fabric router enables distributed AI infrastructure to connect over one million accelerators across multiple data centers. It delivers 51.2 Tbps deep-buffered Ethernet with lossless, low-latency networking optimized for AI workloads spanning geographic distances. Key innovations include HyperPort technology that improves network utilization by 70%, deep buffering to prevent data loss, line-rate security, and advanced congestion control. This technology addresses the growing need to interlink power-intensive AI data centers across distances while maintaining performance and reliability.

Palantir Technologies has raised its annual revenue forecast amid surging AI demand, reporting second-quarter revenue of $934-938 million that exceeded market expectations. The company's stock has more than doubled this year, reaching record highs as it becomes the S&P 500's best performer in 2025. Growth is particularly strong in the U.S. commercial segment (up 68%), driven by widespread AI adoption across industries. Palantir has increased its full-year growth guidance to 36% and projects third-quarter revenue of $1.08-1.09 billion. Despite this momentum, some analysts express concern about the company's valuation at 277 times expected forward earnings, significantly higher than industry peers.