NVIDIA Corporation has delivered a remarkable performance in its third quarter of fiscal 2025, reporting a 94% year-over-year surge in revenue to $35.1 billion. The company’s earnings were bolstered by unprecedented demand for artificial intelligence (AI) computing platforms, cementing its position as the global leader in AI infrastructure and technology. For the quarter ending October […]
FuelCell Energy has announced a sweeping global restructuring plan, slashing 17% of its workforce in a bid to stabilize operations amidst mounting financial pressures. The dramatic reduction, which impacts approximately 100 employees, comes as the company struggles with declining revenue and persistent market challenges in the clean energy sector. The Connecticut-based company confirmed that the […]
NVIDIA Corporation (NASDAQ: NVDA) reported impressive financial results for the second quarter ended July 28, 2024. The company achieved a revenue of $30.0 billion, reflecting a significant 15% increase from the previous quarter and a staggering 122% rise from the same period last year. The surge in revenue underscores NVIDIA’s strong market performance and expanding […]
HFCL Limited (HFCL) has made a major impact at the ISE EXPO 2024 in Dallas, Texas, with the introduction of its revolutionary optical fiber cable solutions. This move highlights HFCL’s commitment to advancing network infrastructure amidst the rapidly evolving digital landscape of North America. The company’s latest offerings, featuring state-of-the-art high-density ribbon and microcable solutions, […]
Accenture, the global consulting leader, has made headlines with its latest move: the acquisition of BOSLAN, a prominent provider of management services for large-scale infrastructure projects based in Bilbao, Spain. This strategic acquisition is set to revolutionise how clients approach net-zero infrastructure projects by integrating artificial intelligence (AI) and cutting-edge digital technologies into asset lifecycle […]
In a landmark development, American tech giant Meta has agreed to pay $1.4 billion to settle a lawsuit filed by the state of Texas. The lawsuit, initiated under Texas’s 2009 biometric privacy law, accused Meta of illegally collecting biometric data from millions of Texans through its facial-recognition technology. The settlement, which is to be paid […]
Nxtra by Airtel, a leading data center company in India, has taken a significant step towards environmental sustainability by joining the RE100 initiative and committing to source 100% of its electricity from renewable resources. Nxtra by Airtel’s commitment positions it as the only data center organization in India to pledge allegiance to the RE100 initiative, […]
In a strategic move to strengthen its position in the semiconductor industry, Renesas Electronics Corporation, a leading supplier of advanced semiconductor solutions, has entered into a definitive agreement to acquire all outstanding shares of Transphorm, Inc., a global leader in robust gallium nitride (GaN) power semiconductors. The deal, valued at approximately $339 million, involves purchasing […]
Vantage Data Centers, a globally recognized provider of hyperscale data center campuses, has announced a substantial $6.4 billion equity investment. The investment is led by prominent entities in the digital infrastructure space: DigitalBridge Group, Inc. (NYSE: DBRG), a leading global alternative asset manager dedicated to digital infrastructure, and Silver Lake, a global leader in technology […]
Digital Realty (NYSE: DLR), a leader in cloud- and carrier-neutral data center solutions, in collaboration with Blackstone Inc. (NYSE: BX), has announced a groundbreaking joint venture. This partnership, led by Blackstone-affiliated funds from Infrastructure, Real Estate, and Tactical Opportunities, aims to develop four hyperscale data center campuses across three metro areas on two continents. The […]