After a delay, Apple has announced that it’s bringing its AI-powered Live Translation feature to the European Union in December. The expansion is notable, not only because Live Translation was a key selling point of the recently released AirPods…
On Oct. 31, the National Veterinary Services Laboratories confirmed findings of vesicular stomatitis New Jersey virus (VSNJV) in horses on two separate premises in Cochise County, Arizona.
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Google is hatching plans to put artificial intelligence datacentres into space, with its first trial equipment sent into orbit in early 2027.
Its scientists and engineers believe tightly packed constellations of about 80 solar-powered satellites could be arranged in orbit about 400 miles above the Earth’s surface equipped with the powerful processors required to meet rising demand for AI.
Prices of space launches are falling so quickly that by the middle of the 2030s the running costs of a space-based datacentre could be comparable to one on Earth, according to Google research released on Tuesday.
Using satellites could also minimise the impact on the land and water resources needed to cool existing datacentres.
Once in orbit, the datacentres would be powered by solar panels that can be up to eight times more productive than those on Earth. However, launching a single rocket into space emits hundreds of tonnes of CO2.
Objections could be raised by astronomers concerned that rising numbers of satellites in low orbit are “like bugs on a windshield” when they are trying to peer into the universe.
The orbiting datacentres envisaged under Project Suncatcher would beam their results back through optical links, which typically use light or laser beams to transmit information.
Major technology companies pursuing rapid advances in AI are projected to spend $3tn (£2.3tn) on earthbound datacentres from India to Texas and from Lincolnshire to Brazil. The spending has fueled rising concern about the impact on carbon emissions if clean energy is not found to power the sites.
“In the future, space may be the best place to scale AI computers,” Google said.
“Working backward from there, our new research moonshot, Project Suncatcher, envisions compact constellations of solar-powered satellites, carrying Google TPUs and connected by free-space optical links. This approach would have tremendous potential for scale, and also minimises impact on terrestrial resources.”
TPUs are processors optimised for training and the day-to-day use of AI models. Free-space optical links deliver wireless transmission.
Elon Musk, who runs the Starlink satellite internet provider and the SpaceX rocket programme, last week said his companies would start scaling up to create datacentres in space.
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Nvidia AI chips will also be launched into space later this month in partnership with the startup Starcloud.
“In space, you get almost unlimited, low-cost renewable energy,” said Philip Johnston, co-founder of the startup. “The only cost on the environment will be on the launch, then there will be 10 times carbon dioxide savings over the life of the datacentre compared with powering the datacentre terrestrially.”
Google is planning to launch two prototype satellites by early 2027 and said its research results were a “first milestone towards a scalable space-based AI”.
But it sounded a cautionary note: “Significant engineering challenges remain, such as thermal management, high-bandwidth ground communications and on-orbit system reliability.”
The UEFA Youth League domestic champions path is in progress, with soo far former winners AZ Alkmaar and Genk through to the third and final of the two-legged knockout rounds and the rest of the line-up decided on Wednesday.
The financial services industry has quietly become an artificial intelligence battleground and Lemonade, ticker LMND , is back in focus putting the ‘squeeze’ on the massive insurance industry that is seen as analog in the new digital world. The company IPO’d in the summer of 2020 (ouch) and dropped over 80% into the lows set in late 2023. But the company is back on a strong growth trajectory, fueled by the AI boom that could possibly disrupt the antiquated insurance industry that has incumbents with large market share, but are slow to evolve. Lemonade is one of the most aggressive adopters of AI in the financial services space aiming to rewrite the economics of insurance from pricing, underwriting, to claims automation. The company is targeting younger customers who are comfortable in the digital world shopping for car, renters, or home insurance. The younger target market will have a higher lifetime value and a lower cost of acquisition than traditional insurance models. Lemonade has a fully custom tech stack that has changed the insurance experience including a fully digital onboarding and underwriting workflow. Turning to the technicals you’ll quickly notice the massive drop from 2020 to 2023 followed by a double bottom and a new uptrend. The uptrend can be measured as a percentage of how much the 2020-2023 decline has been ‘retraced’ using Fibonacci retracements. So far, the chart has recaptured 61.8% of the loss where it’s currently consolidating at around $62.00. If the stock can withstand this broader market volatility and continue through the $60s, the next top is the final retracement at $101.11. Looking at the earnings and sales tables on the right side of the chart you’ll see the company is still not profitable on a yearly basis, but the revenues are growing at pretty remarkable rates. Thirty-six percent growth is expected in 2025, which is then expected to accelerate to 64.59% growth next year. At the top of that table of the quarterly EPS surprises, see that even though the company is still losing money, they have beat analyst expectations in the prior 3 quarters by 25.27%, 8.97%, and 32.74%. In the race to widescale AI adoption and legacy business model disruption, this momentum-driven market is more focused on topline growth. It won’t be forever, but it is now, so we must trade and invest in the market we have. And this market requires aggressive and decisive behavior with embedded risk management. The daily chart shows the triple top consolidation born in August through today below that 61.8% retracement on the weekly. With Tuesday’s Palantir driven selloff from fear of richly valued AI growth stocks, LMND is showing impressive relative strength down only 2.5% as I type. We’ve been holding LMND in our Tactical Alpha Growth (TAG) portfolio since our Sept 15 rebalance and just today we added a half size position to our Active Opps portfolio with stop losses around $55.00. If we can get the ‘squeeze’ up and through $62.00 we’ll add the other half and trail stop losses today’s entry price. -Todd Gordon, Founder of Inside Edge Capital, LLC We offer active stock alerts , portfolio management, as well as regular market updates like the idea presented above. DISCLOSURES: Gordon owns LMND personally and in his wealth management company Inside Edge Capital. All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL’S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.
Alan Hollinghurst has been awarded the 2025 David Cohen prize for literature, one of the UK and Ireland’s most prestigious literary honours, in recognition of his lifetime’s achievement in fiction.
