Eastern Canada’s Halifax declares emergency over wildfire, shutting schools

(Reuters) – The eastern Canadian city of Halifax declared a state of local emergency late on Sunday after a wildfire caused evacuations and power outages, with authorities shutting several schools in the affected area. The Halifax Regional Municipality has set up temporary accommodation for people fleeing the fire, and reminded residents in early on Monday…

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Nvidia to build Israeli supercomputer as AI demand soars

By Steven Scheer JERUSALEM (Reuters) – Nvidia Corp said on Monday it was building Israel’s most powerful artificial intelligence (AI) supercomputer to meet soaring customer demand for AI applications. Nvidia, the world’s most valuable listed chip company, said the cloud-based system would cost hundreds of millions of dollars and be partly operational by the end…

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Reliance’s JioCinema signs content streaming deal with NBC Universal

BENGALURU (Reuters) – JioCinema, the streaming platform run by India’s Reliance Industries Ltd, has signed a partnership with NBC Universal Media in a push to increase Hollywood content on the platform for Indian viewers, the companies said on Monday. The multi-year deal will give JioCinema’s premium subscribers access to popular shows such as “Downton Abbey”,…

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Singapore’s Temasek cuts staff compensation after failed FTX investment

By Urvi Manoj Dugar and Yantoultra Ngui (Reuters) -Singapore’s Temasek Holdings said it cut compensation for the team that recommended investing in the now-bankrupt FTX cryptocurrency exchange and for senior management, as they take “collective accountability” for the failed investment. The cuts were disclosed in a statement on Monday, a rare announcement for sovereign funds…

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