Browsing Tag
Microsoft
345 posts
Bango EBITDA rises 34% as Digital Vending Machine subscription growth accelerates
Bango recurring revenue rose 31% to $20.4 million as subscription growth lifted EBITDA 34%, expanded margins and strengthened cash generation.
Microsoft plans more than $10bn of Gulf cloud and AI investment through 2030
The technology group will expand infrastructure and operations across the United Arab Emirates, Saudi Arabia, Qatar and Kuwait while hardening critical data systems against regional conflict.
Mercedes-Benz signs production deal for Wayve AI Driver launch within two years
The definitive agreement advances Wayve from testing to selected Mercedes-Benz production lines, but safety validation, regulation and the economics of scalable deployment remain the decisive tests.
Apple targets local AI costs with new Mac mini and Mac Studio systems
Apple is positioning high-memory desktops and Thunderbolt clusters as private, unmetered AI machines, but it must overcome a vast Windows enterprise lead and Nvidia's entrenched developer ecosystem.
Paychex delivers 14% earnings growth but slower core HR revenue weighs on shares
Paychex stock fell despite 10% EPS growth and stronger margins as investors focused on slower core HR revenue and unchanged fiscal 2027 guidance.
Harworth rejects Peel’s £600m takeover as valuation battle intensifies
Harworth Group plc has unanimously rejected Peel Holdings Group Limited’s improved 177.5-pence-per-share offer, setting up a valuation battle over its industrial, logistics, residential and data-centre development pipeline.
Nscale’s IPO reveals $140.6m revenue against $1.02bn first-half loss
Nscale has filed for a New York Stock Exchange IPO after first-half revenue surged 1,252% to $140.6 million, but the AI infrastructure company also lost $1.02 billion while expanding a contracted portfolio that has reached $103.4 billion.
IREN secures $2.4bn GPU financing at 9% as AI Cloud ARR reaches $1bn
IREN has secured $2.4 billion of GPU financing for its Mackenzie AI campus at a 9% fixed rate, funding about 90% of associated GPU capex as operating AI Cloud ARR reaches $1 billion and contracted 2026 ARR approaches $4 billion.
NVIDIA forecasts first $100bn quarter as Data Center revenue surges 117%
NVIDIA Q2 revenue doubled to $96.2B as Data Center sales hit $89B and Q3 guidance reached a record $108B.
Bill Gates says world is underestimating AI disruption as permanent job losses move closer
Bill Gates warns AI could permanently eliminate jobs, amplify security threats and reshape childhood while governments remain dangerously unprepared.