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Showing 391–420 of 493 source-linked items · page 14 of 17
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Australia data centre firm NextDC reports rising water, energy use with profit beat

The company's water usage effectiveness (WUE) ratio climbed to 2.40 litres per kilowatt-hour in the year to June, from 2.25 the prior year, while its ‌power usage effectiveness (PUE) ⁠ratio, ⁠which measures how much electricity a data centre needs for cooling and other overheads, rose to 1.49 from ​1.44.

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Micron's Taiwan unions threaten strike over bonus dispute

The two unions representing Micron workers in Taoyuan and Taichung said ‌in a ⁠written response ⁠to Reuters that they had close to 10,000 members among roughly 15,000 workers ​at Micron facilities in the two cities. More than 80% of members who ​took part in an internal online survey in August backed strike action, they said.

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Dell again lifts annual forecasts as AI demand powers record results

Dell raised its annual revenue outlook to $192 billion from $167 billion and adjusted earnings per share forecast to $25.50 from its earlier expectations of $17.90. The company, whose shares have more than tripled this year, now expects fiscal 2027 revenue for AI-optimized servers to be $74 ‌billion, up from its prior projection of $60 billion.

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Nvidia to start employee-funded US political action committee

Companies often set ⁠up federal ‌political action committees, called ​PACs, ​to donate to political ⁠candidates who are aligned with their corporation's ​policy goals. Nvidia joins other ​tech companies, including Meta Platforms and Alphabet's Google, in creating a committee to spend money to influence elections.

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Advent, Stripe consortium is said to drop pursuit of PayPal

The payments company, once the crown jewel of American ​financial technology, received a $60.50-per-share ⁠bid from ‌Stripe and private equity firm ​Advent ​International, which valued it at ⁠more than $53 billion, Reuters reported in July, ​citing sources.

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India preparing rollout of agentic payments on UPI

While leading payment companies have launched such frameworks in the U.S., Europe, Singapore and Australia, a rollout on the popular Unified Payments Interface would also put India among the first countries to have ‌a national infrastructure ⁠for ⁠agentic AI payments.

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Anthropic plans to publicly unveil IPO prospectus after Labour Day

Anthropic is planning to unveil its IPO prospectus ​after Labour Day, with ​a potential listing in late September or ​early October, The Information reported on Thursday, citing people familiar with the process.

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Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boom

The Hiranandani Group-backed ⁠firm is looking to file draft IPO papers in October and aims to raise up to $1.5 billion to repay debt, buy graphics ‌processing units and expand sovereign cloud infrastructure that keeps data within national borders, he said.

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AI, athletes, and Keith Rabois: StrictlyVC is back in New York on September 10

A boutique StrictlyVC evening returns to New York's West Village on September 10 with Keith Rabois, Craig Shapiro, Jason Levien, Tristan Walker, Brynn Putnam, and Deven Parekh — covering AI, sports investing, community-building, venture economics, and politics, with cocktails, food, and networking throughout the night.

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