The global asset management market is projected to grow from $885.92 billion in 2025 to $18,071 billion by 2035, at a CAGR of 35.2%. This surge is fueled by AI and IoT technologies transforming enterprise asset management from basic maintenance to predictive and autonomous operations, enhancing efficiency and reliability. Key sectors driving growth include manufacturing, financial services, and infrastructure, with cloud-based software dominating the market. The U.S. and Europe lead in market size, while Asia Pacific shows the fastest growth due to rapid industrialization and digital adoption.
YY Group Holding Limited saw its shares surge 52.91% in after-hours trading following the announcement of a new humanoid robotics initiative. The Singapore-based company plans to deploy Unitree G1 humanoid robots to collect workforce data from facili...
Entergy CEO Drew Marsh assured that data centers will not financially burden residential ratepayers due to the company's "Fair Share Plus" framework. This policy requires data center operators to cover all incremental infrastructure and some fixed co...
Loop Industries shares fell 8.5% after hours following the company's annual report that raised doubts about its ability to continue operating without additional financing. The recycling tech firm, which converts PET plastic waste into recycled materi...
Elon Musk, CEO of SpaceX and Tesla, predicted that SpaceX could put 1 million tons of payload into orbit within the next five years, surpassing current expectations. This follows a valuation model by Mach33 suggesting over 40,000 tons of Starlink pay...
At ILA Berlin 2026, Akkodis presented innovative aerospace solutions combining digital engineering, AI, and additive manufacturing to enhance existing aircraft fleets. A key highlight is a newly developed additively manufactured wingtip system aimed ...
