Hyperscale Data has signed a Master Services Agreement worth over $1.2 billion to provide 20 MW of AI computing power at its Michigan data center, with options to expand up to 84 MW. The company is repurposing 28 MW of power from Bitcoin mining to AI workloads, investing $100-$120 million to retrofit 60,000 sq ft of its facility. Bitcoin mining will continue at a separate Montana site. The Michigan campus has capacity for over 300 MW, leaving room for future growth even if the full deal is exercised. This deal marks a major shift from cryptocurrency mining to AI infrastructure, reflecting growing demand for AI compute resources.
ABI Research forecasts that industrial AI in software-defined automation will generate over $5 billion in revenue by 2035. Growth is driven by AI integration in SCADA/HMI, DCS software, Industrial PCs, and virtual controllers, enhancing flexibility a...
Man Group PLC filed a Form 8.3 disclosure revealing it holds a 1.57% interest in Senior Plc, primarily through cash-settled derivatives, totaling 6,613,314 securities as of June 23, 2026. This disclosure is part of regulatory requirements under the T...
The European Venture Fair (EVF) celebrates its 25th anniversary on September 9-10, 2026, in Zurich, gathering around 150 investors to discuss major themes like energy, fusion technology, physical AI, and AI's role in venture capital. The event featur...
Seven Boson Group Ltd. has launched its Sovereign AI Decision Intelligence service, allowing countries to deploy and govern advanced AI independently of foreign providers. This launch coincides with the EU's new legal mandate for AI sovereignty, mark...
Bunzl Canada's Cleaning & Hygiene division has achieved the Diamond status, the highest recognition from the Ontario Education Collaborative Marketplace (OECM) supplier program for 2025. This honor highlights Bunzl's consistent excellence in service,...
