DayOne and Nxera signed their respective MoUs on power supply with Sembcorp to support their data center developments in Asia. DayOne and Nxera have signed their respective memorandums of understanding on power supply with Sembcorp Utilities to support their data…
Mian Nadeem Published October 30, 2026 | 05:06 PM Artificial intelligence will surpass human intelligence and become smarter than all humans within the next five years, Elon Musk claims. SAN FRANCISCO, (UrduPoint / Pakistan Point News - 30th Oct, 2026) The world's richest person and the head of…
The shift comes as surging AI demand drives shortages of memory and storage chips, raising PC bills of materials and prompting manufacturers to seek greater production efficiency, Nikkei notes. According to TrendForce, CPU, DRAM, and SSD costs accounted for approximately…
Moving PC production back to China cuts costs as memory prices climb, sources told Nikkei Asia. Chinese contract makers such as Luxshare and Huaqin stand to win orders. HP, Asus and Acer are moving some PC production back to China…
Recorded Music subscription revenue rose 9.5% excluding Downtown, and total revenue grew 12.3% to €3.39 billion Universal Music Group reported third-quarter results on Thursday that showed faster subscription revenue growth, and its stock surged by up to 15% in early trading in Europe. The…
The senior unsecured notes mature between 2028 and 2066, and proceeds may fund capital expenditures, buybacks or acquisitions Microsoft $MSFT -0.16% announced plans to sell $25 billion in senior unsecured notes on Thursday, the company said. The offering is expected to close on Nov.
Binance has suffered the largest cryptocurrency hack in history, involving $6.3 billion in various assets, but the exchange expects to resume cryptocurrency withdrawals within 45 hours. Indeed, the exchange confirmed on X earlier on Friday, October 30, that it remained on schedule to…
Less than five months ago, on June 12, Elon Musk's Space Exploration Technologies (SPCX -0.92%), better known as SpaceX, rewrote Wall Street's record books with its $1.77 trillion initial public offering (IPO). Within the next couple of weeks, the developer of the Claude…
A promising AI data-center opportunity is approaching a critical financial test. Discover what Navitas has achieved, what remains uncertain, and which numbers could change the investment case. Navitas Semiconductor (NVTS -1.71%) is targeting a return to year-over-year revenue growth as Nvidia's…
Anthropic recently filed its S-1 form, paving the way for its initial public offering (IPO) in the coming weeks. And many investors are already eager to get their hands on shares of one of the world's leading artificial intelligence (AI) companies.
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