Tag Archives: facing

Gavin Cooney

reports from Uefa HQ, Nyon

THE FAI HAVE played their part in persuading Uefa to grant them co-hosting duties at Euro 2028, so now they must convince their base that it’s worthwhile. 

Given Ireland’s six games are at the Aviva Stadium, the FAI say their outlay will be modest, while it might rake in up to €25 million for the Association. That windfall depends on Ireland earning an invite to their own party, with qualification not guaranteed. But should Ireland participate at the tournament, FAI CEO Jonathan Hill estimates an income boost…

Artificial intelligence (AI) is one of the newest and most exciting fields in technology, and many start-ups are vying for market share. However, competition is fierce and businesses that cannot sustainably generate revenue risk disappearing. This is the case with Stability AI, a startup company that has built a great reputation thanks to its open source image generator, Stable Diffusion.

Funding and leadership issues

Stability AI has raised $100 million in the past year, but has spent a lot of those funds without being able to generate enough revenue to offset high server costs and rapid employee recruitment around the world. This has prompted the company to search for new executives who can help with sales and generate much-needed revenue.

However, it’s not just funding issues…

Businesses in the web hosting industry could be waiting up to a year for component deliveries as the server sector continues to face ongoing shortages.

According to Mitac Holding president Billy Ho, the server industry is currently having to wait up to 52 weeks for its component deliveries, which is set to only get worse in the second half of 2021, and little chance of improvement until 2022.