TechLife Chronicle

  The International Monetary Fund (IMF) has cut its global growth forecasts, and its Chief Economist, Pierre-Olivier Gourinchas, has called for central banks to continue to apply pressure to bring inflation rates down. Speaking to reporters in Washington, DC on Tuesday, April 11th, Gourinchas highlighted the need for vigilance, warning of a fragile economic outlook and downside risks. The IMF's Revised Growth Forecasts According to Gourinchas, global growth is expected to bottom out at 2.8% this year before rising modestly to 3% next year. These predictions are almost unchanged from the IMF's projections in January. The tightening of monetary policies by most central banks is starting to bring inflation back towards its targets, and persistent high inflation rates have led central banks and governments to tighten financial conditions. Risks to Financial Stability While tightening financial conditions may help to bring inflation rates down, it has also exposed some banking vulne...

 Despite facing significant challenges, Intel seems to be making steady progress with its next-generation graphics cards, with plans in place for the future. According to a recent report, Intel has reportedly placed a large order for GPU chips from TSMC. Intel® Arc™ A350M Graphics Although Intel Arc is struggling to compete against the best graphics cards in the market, this news is still very positive for the GPU industry as a whole. Here's why. Compared to its competitors AMD and Nvidia, Intel is still relatively new to the discrete GPU market, with only a limited number of cards available, including the Arc A770, Arc A750, and Arc A380. While it failed to make a significant impact by arriving late in the respective GPU lifecycle, the cards were priced competitively in line with Intel's focus on performance per dollar rather than raw numbers. It has been known for some time that Intel plans to follow Arc Alchemist with Battlemage, and then eventually, Celestial GPUs, but thes...