Articles for tag: artificial intelligence, circular economy, electronic waste, environmental impact, generative AI, large language models, Sustainability

Market News

AI

Generative AI’s rapid growth may lead to millions of tons of electronic waste, exacerbating environmental challenges without sustainable solutions.

Artificial intelligence is advancing quickly, learning to imitate human-like conversations, create art, and even replicate video games. However, a recent study warns that this rapid growth could contribute to a significant increase in electronic waste, with projections suggesting an additional 1.2 to 5 million metric tons by 2030 due to generative AI technologies. The study ...

Market News

AI

Big Tech faces looming energy and environmental challenges from data centers as AI demand soars; solutions include nuclear power and quantum computing.

The global surge in data centers is driving Big Tech to explore new energy solutions to support the growing demands of artificial intelligence. Options like nuclear power, liquid cooling, and advancements in quantum computing are on the table to meet this need. Experts caution that the environmental costs of this AI boom are often overlooked, ...

Market News

AI

Big Tech faces looming energy and environmental challenges from data centers as AI demand soars; solutions include nuclear power and quantum computing.

The global surge in data centers is growing rapidly, driven by the demand for artificial intelligence. Major tech companies are exploring solutions like nuclear energy, liquid cooling, and quantum computing to support this trend. Critics highlight the hidden environmental costs associated with this AI boom, urging tech giants to reconsider their fast-paced growth strategies. As ...

Market News

AI

The iFLYTEK AI Headquarters merges urban design with innovation, creating a vibrant campus that fosters collaboration and employee well-being.

The iFLYTEK AI Headquarters Campus, located in Hefei’s high-tech zone, spans over 200 acres with a planned area of approximately 400,000 square meters. Designed by line+ studio, the campus aims to support around 15,000 employees by blending advanced technology with a sustainable environment. Key features include a large public park integrated within the headquarters, promoting ...

Market News

AI

AI’s surge demands energy-intensive data centers, straining Europe’s sustainability goals and igniting a heated battle for efficient cooling solutions.

The rise of artificial intelligence is driving a significant change in how data centers operate, particularly in Europe. As demand for powerful chips like Nvidia’s GPUs surges, developers must now lower water temperatures in cooling systems to keep these chips functional. This shift poses challenges to the European Union’s energy efficiency goals, as AI is ...

Market News

Scania to Equip Electric Trucks with Northvolt Batteries for Future Growth

Scania to Equip Electric Trucks with Northvolt Batteries for Future Growth

Volkswagen AG's truckmaking brand, Scania, has announced plans to equip all its future electric trucks with batteries from Northvolt. This move signals a vote of confidence for the Swedish battery maker, which is currently seeking a rescue package amid financial struggles. Scania's commitment could help bolster Northvolt's position in the competitive electric vehicle market.

Market News

India and the US seek agricultural partnership, boosting trade and sustainability amid complex regulatory challenges and burgeoning seafood exports.

India and the US seek agricultural partnership, boosting trade and sustainability amid complex regulatory challenges and burgeoning seafood exports.

A senior official from ITC emphasized the importance of boosting agricultural productivity and improving food distribution between India and the US during a panel at the Indo-US Economic Summit. Sanjeev Bhat highlighted the growing trade in agricultural products, particularly seafood, rice, and spices, which is seeing a significant yearly increase. With plans for a new ...

Market News

B L Kamdhenu Farms partners with DeLaval, investing ₹1,500 crore to revolutionize India’s dairy industry and promote sustainability.

B L Kamdhenu Farms partners with DeLaval, investing ₹1,500 crore to revolutionize India’s dairy industry and promote sustainability.

B L Kamdhenu Farms Ltd has entered a major partnership with Swedish company DeLaval, investing around Rs 1,500 crore in the dairy sector. This collaboration was announced during World Food India 2024 and aims to promote a zero-waste economy and long-term sustainability in dairy farming. The initiative focuses on enhancing cattle breeding and dairy technology ...

Market News

PwC faces a record penalty in China for audit failures, prompting substantial investments to rebuild trust and ensure sustainability.

PwC faces a record penalty in China for audit failures, prompting substantial investments to rebuild trust and ensure sustainability.

PwC is making significant investments to enhance its business quality and sustainability in China following a recent record penalty. The firm faced a six-month suspension and a hefty fine of 441 million yuan (approximately $62 million) due to its involvement in the audit of the troubled property developer, China Evergrande Group. Chinese regulators accused Evergrande ...

Market News

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics has partnered with ASMPT Singapore to enhance semiconductor assembly and packaging in India, focusing on facilities in Assam and Karnataka. This collaboration includes workforce training, improving service engineering, and advancing research in semiconductor technologies. Tata Electronics is investing Rs 27,000 crore in a chip assembly plant in Assam, set to begin operations next ...

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