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Keywords: Technology Investment
Nvidia Considers Backing Nscale’s $AI Data Center Project in West Virginia Nvidia is reportedly exploring a potential financial support arrangement for British artificial intelligence infrastructure company Nscale as it advances plans for a major data center development in West Virginia. The discussions......
The artificial intelligence industry is producing an expanding list of abandoned products, discontinued services and startups struggling to survive. Despite substantial investment and rapid advances in AI capabilities, not every project has managed to turn public attention into a sustainable business. The......
A new approach to refrigeration could help improve the energy efficiency of household appliances and heating systems while reducing their reliance on environmentally harmful refrigerants. Pascal, a startup founded by scientists Adam Slavney and Jinyoung Seo, has secured $8.5 million in additional funding......
Countries deeply integrated into artificial intelligence supply chains are currently benefiting from a stronger economic position, according to International Monetary Fund Managing Director Kristalina Georgieva. Speaking at the IMF and World Bank meetings in Bangkok, Georgieva said economies more closely......
Finland has ordered a temporary halt to environment-altering preparatory work at two planned Google data center sites, placing one of Europe’s largest artificial intelligence infrastructure investments under closer regulatory scrutiny. The Finnish Supervisory Agency, known as LVV, has instructed......
Morocco has expanded its involvement in international artificial intelligence initiatives by joining a US-led partnership aimed at strengthening cooperation around the technologies and infrastructure needed to develop the global AI economy. Morocco is among 19 countries that recently joined a joint......
The global market linked to artificial intelligence could regain momentum after a period of volatility, according to J.P. Morgan strategists, who argue that the recent decline in AI-related stocks may have helped ease crowded positions and bring valuations closer to levels that could attract investors......
Strong investment in artificial intelligence is helping sustain global economic activity as countries face renewed pressure from higher energy prices and geopolitical uncertainty, according to the OECD’s latest Interim Economic Outlook. The organisation said the global economy has absorbed the......
British data centre developer Nscale is emerging as a major beneficiary of the global investment boom in artificial intelligence infrastructure, with Anthropic and Microsoft accounting for around 85% of the total value of contracts announced by the company, estimated at $103 billion. The figures highlight......