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Category: Business

OneRail uses Nvidia AI for real-time last-mile delivery optimisation

OneRail uses Nvidia AI for real-time last-mile delivery optimisation

OneRail has launched an AI-powered delivery platform that uses Nvidia technology to help retailers, wholesalers, and distributors decide how individual orders should be delivered. Called OmniSTAR, the system evaluates options including owned fleets, couriers, parcel carriers, and other delivery modes, then selects the lowest-cost option that meets the required service level, according to OneRail. The […]

Broadcom’s stock drops 5% as weak guidance overshadows earnings beat

Broadcom’s stock drops 5% as weak guidance overshadows earnings beat

Broadcom shares tumbled five percent in extended trading on Wednesday, proving that even a strong financial performance can be overshadowed by a cautious outlook. Despite beating analyst expectations for both revenue and earnings per share, investors reacted sharply to the company’s guidance for the coming quarter. While the firm reported an impressive quarterly revenue of […]

US borrowing costs hit fresh highs over inflation fears

US borrowing costs hit fresh highs over inflation fears

United States borrowing costs climbed to new heights on Tuesday, driven by escalating tensions in the Middle East that sent oil prices surging past ninety two dollars a barrel. This volatility in energy markets has reignited deep concerns regarding stubborn inflation, pushing the effective ten year borrowing rate to four point seven nine percent, the […]

Ila Kumar: Innovating with communities | MIT News

Ila Kumar: Innovating with communities | MIT News

Before graduate school, Kumar grew up in Philadelphia, attended the University of Pennsylvania, and worked on several projects at the intersection of technology and mental health or psychology research.  Through those experiences, Kumar began to question whether the technology she was helping to develop was having the sustained impact she hoped for. “I had done […]

Can cut-price Shein shine in its long-awaited stock market debut?

Can cut-price Shein shine in its long-awaited stock market debut?

After a grueling multiyear journey marked by political roadblocks and plummeting valuations, fast fashion titan Shein has finally made its long awaited stock market debut in Hong Kong. The listing arrives following unsuccessful attempts to go public in the United States and the United Kingdom, where the company faced stiff resistance from lawmakers concerned about […]