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Federal Reserve's Goolsby: Labor market indicators show stability, but are not strong.

2026-08-12

Federal Reserve's Goolsby: Labor market indicators show stability, but are not strong.

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2026-08-11

Shanghai’s Commission of Economy and Informatization issues a software and information‑services plan to create a tiered supply system of large clusters + small clusters + edge compute. It calls for 100,000‑GPU‑class ultra‑large AI compute clusters in

Shanghai’s Commission of Economy and Informatization issues a software and information‑services plan to create a tiered supply system of large clusters + small clusters + edge compute. It calls for 100,000‑GPU‑class ultra‑large AI compute clusters in Songjiang, Lingang and Qingpu, and thousand‑GPU clusters in Baoshan, Pudong and Jiading. The plan directs conversion of traditional data centers and telecom rooms into ~100‑GPU edge compute centers to meet enterprise and consumer ultra‑low‑latency compute needs. It prioritizes finance, education, healthcare, culture/tourism and industry for Model‑as‑a‑Service (MaaS) platforms offering industry app marketplaces, model customization and hosting, Agent construction, low‑code development, APIs, compute provisioning and management, and AI inference services.
2026-08-11

Kioxia said on Tuesday that as of Aug. 3 former parent Toshiba cut its stake from 14.48% to about 14.12%, making BCPE Pangea Cayman2, set up by Bain Capital, the largest shareholder with a 14.19% holding. Kioxia’s annual report shows SK Hynix holds b

Kioxia said on Tuesday that as of Aug. 3 former parent Toshiba cut its stake from 14.48% to about 14.12%, making BCPE Pangea Cayman2, set up by Bain Capital, the largest shareholder with a 14.19% holding. Kioxia’s annual report shows SK Hynix holds bonds convertible into “almost all” of BCPE Pangea Cayman2’s voting rights; the company flagged SK Hynix’s claim as a risk that could create conflicts of interest. SK Hynix participated in the 2018 Bain-led buyout and agreed under the deal not to exceed 15% of Kioxia’s voting rights without Kioxia’s consent before 2028.
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