Lee Shau-kee, a Hong Kong real estate tycoon who founded Henderson Land Development, passed away at 97, leaving behind a legacy of building affordable housing for middle-class residents. With an estimated net worth of $29.2 billion, he was known for his shrewd investments and philanthropy efforts through the Lee Shau-Kee Foundation, supporting education and vocational training in China and other countries. Despite challenges in the real estate market, Mr. Lee’s business acumen and foresight in catering to the needs of Hong Kong’s growing population solidified his status as one of the wealthiest individuals in the world.
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Nvidia CEO says power-saving optical chip tech will need to wait for wider use
Nvidia's CEO Jensen Huang revealed at a conference in San Jose, California that while co-packaged optics technology will be used in new networking chips for energy efficiency, it is not yet reliable enough for flagship GPUs due to the superiority of traditional copper connections. Silicon Valley is investing in optics technology for AI systems, with companies like Ayar Labs and Lightmatter raising significant venture capital. Nvidia is aiming to increase computing power with new server...
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