LiquidStack, a Trane Technologies company, has commercially launched its GigaModular™ CDU platform designed for high-density AI data centers. The platform offers flexible, scalable liquid cooling capacity up to 14 MW, enabling operators to expand cooling infrastructure incrementally without major redesigns. It supports evolving AI workloads and next-gen GPUs, simplifying operations and improving efficiency. Early customer orders indicate strong market demand, with demonstrations planned at the upcoming Datacloud Global Congress.
Electrolux Group has announced a fully underwritten rights issue of approximately SEK 9.06 billion, subject to approval at an Extraordinary General Meeting on May 27, 2026. The proceeds will finance growth initiatives, including a strategic partnersh...
XRP has experienced renewed volatility this week, trading between $1.35 and $1.55, driven by speculation around ETF activity and institutional interest, including mentions of Goldman Sachs. Regulatory progress with the U.S. CLARITY Act has added opti...
Private equity firms Bain Capital, Warburg Pincus, and Blackstone are considering bids to take Nikkon Holdings private in a deal potentially worth up to $7 billion. Nikkon Holdings, a Tokyo Stock Exchange-listed logistics company with a market cap ar...
Metallium Limited presented its patented Flash Joule Heating (FJH) technology at the Canaccord Genuity Global Metals and Mining Conference, highlighting its potential to revolutionize metals processing and reduce U.S. dependence on China. The technol...
Kontoor Brands announced the sale of its Lee business to Authentic Brands Group for up to $1 billion, including $750 million upfront and a potential $250 million earnout. This move aims to sharpen focus on higher-growth brands like Wrangler and Helly...
