US Approves Sale of 500 Patriot Missiles to Ukraine, Deliveries May Take Years

The AI Boom Is Creating A Global Memory Chip Shortage A global shortage of memory chips is emerging as demand for artificial intelligence infrastructure surges, according to a new report from Bloomberg. Large technology companies are locking in supply by signing long-term agreements and paying higher prices to guarantee access to chips years in advance. Because these deals are more profitable, chip manufacturers are increasingly directing production toward AI customers. This shift has reduced the number of chips available for other products such as laptops, smartphones, gaming consoles, and cars, pushing...

Saylor's Strategy Buys Another $100 Million Of Bitcoin Authored by Helen Partz via CoinTelegraph.com, Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added to its cryptocurrency reserves last week as BTC continued to trade below the company’s average cost basis of about $75,700. Strategy acquired 1,587 Bitcoin (BTC) for $100 million between June 8 and Sunday, according to Monday's 8-K filing with the US Securities and Exchange Commission. Source: SEC The purchase was made at an average price of $63,024 per Bitcoin, bringing the company’s overall average cost basis slightly lower to $75,656. With the latest...

NATO F-16s Blow Up Sea Drone That Threatened Romania's Largest Deep Gas Platform A wild and highly dangerous intercept incident happened in the Black Sea on Thursday. A pair of Romanian F-16s were dispatched to track and intercept a sea drone in the vicinity the huge Neptun Deep gas platform. The platform sits 80 miles east of the Romanian Black Sea city of Constanta and is the country's largest natural gas project and its first deep offshore project, with hundreds of people working at the site at any given time. Omv Petrom The Wall Street...