AI power demand poses global supply risks, says Hitachi Energy
The increasing electricity consumption by tech companies for AI training poses risks to global power supply stability, according to Hitachi …
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Dubai launches digital real estate investment collaboration
The Dubai Land Department has signed a memorandum of cooperation with Singapore-based Crypto.com to develop an investment framework for digital …
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Samsung cancels Mexican auto parts plant
Samsung Electro-Mechanics Company, an electronic parts manufacturer belonging to South Korea’s Samsung Group, has abandoned plans to build an automotive …
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Groq launches its first European data centre in Helsinki
US-based artificial intelligence (AI) chipmaker Groq has unveiled a new data centre in Helsinki, Finland. The new facility will cater to …
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US eases chip software export rules to China
The US has removed export restrictions on semiconductor design software to China, signalling a de-escalation in trade tensions between the …
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Nine EU member states receive $4bn in total for energy-related projects
The European Commission (EC) and the European Investment Bank have announced a disbursement of €3.66bn ($4bn) from the bloc's Modernisation …
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BYD begins production in Brazil
China’s BYD Auto has begun production at its newly-built passenger vehicle assembly plant in Bahia State, Brazil, as the company …
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Interview: FDI Center’s Nada Snoussi on how IPAs should cope with AI job disruption
“Everyone is asking the question, is AI going to replace my job?” Nada Snoussi tells Investment Monitor. She says reading …
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Romet announces US expansion with new facility in Indianapolis
Romet Limited, a Canadian-based manufacturer of assembly and precision measurement and monitoring solutions for energy companies, has announced its first …
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German dairy group Münsterland J Lülf sold to Irish investors
Irish investment company Kerga has acquired Münsterland J Lülf, a German RTD specialist, for an undisclosed sum. Münsterland J Lülf produces …
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Is Nvidia really bringing AI sovereignty to Europe?
Once upon a time, people in the tech industry said, “Nobody gets fired for buying IBM.” You could experiment and …
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Alibaba Cloud launches new AI Global Competency Centre in Singapore
Alibaba Cloud, the cloud computing division of Chinese technology giant Alibaba Group, has launched a new Artificial Intelligence (AI) Global Competency …
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Bangladesh needs $980m annually for 2030 renewable energy targets: IEEFA
Bangladesh has embarked on an ambitious plan to generate up to 30% of its electricity from renewable sources by 2040. The …
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Global automakers step up US investments
Since the US government announced it was hiking import tariffs on new vehicles and components to 25% earlier this year, …
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Hioki opens Vietnam subsidiary to support carbon neutrality goals
The Japanese technology company Hioki has inaugurated its Vietnamese subsidiary, Hioki Electric Vietnam, at a ceremony in Hanoi last Friday …
