Datalec Precision Installations (DPI) has established a new entity in Saudi Arabia to expand its data centre design, build, and fit-out services in the rapidly growing digital infrastructure market. This move supports Saudi Arabia's goal of reaching 1.5 gigawatts of data centre capacity by 2030, driven by local data hosting laws and investments from major cloud providers like Microsoft and AWS. DPI aims to leverage its regional experience and local presence to meet increasing demand for AI, cloud, and data localization infrastructure, enhancing deployment speed, resilience, and cost efficiency. The expansion complements DPI's existing Middle East hub in Dubai and aligns with the Kingdom's digital transformation strategy.
Virtuals Protocol has introduced programmable agent wallets that enforce owner-set spending limits and kill switches at the signing layer, protecting funds from AI prompt injection attacks. These wallets operate independently of the AI's decision-mak...
Nvidia is strategically investing in the AI ecosystem by subsidizing major AI infrastructure projects, similar to how a nation-state might operate. This approach is aimed at expanding its future market and creating a strong competitive moat. Early si...
Comvita reported a net profit after tax (NPAT) of $7.7 million for the fiscal year ending June 30, 2026, marking a return to profitability. The company also significantly reduced its debt, normalized inventory levels, and restored positive cash flow....
Six months after the US and Israel launched combat operations in Iran, the conflict remains a stalemate with no clear resolution. The Trump administration has shifted from military action to economic pressure, including secondary sanctions, aiming to...
The U.S. SEC declared Evernorth Holdings' Form S-4 registration effective, allowing Armada Acquisition Corp. II shareholders to vote on the proposed merger on September 30, 2026. This merger would create a Nasdaq-listed company under the ticker XRPN,...
