Schneider Electric Revenue Surges on AI Data Center Demand
Schneider Electric beat Q3 revenue estimates as demand for AI-powered data centers drives growth. U.S. expansion plans and supply chain strategies support the momentum.
Schneider Electric beat Q3 revenue estimates as demand for AI-powered data centers drives growth. U.S. expansion plans and supply chain strategies support the momentum.
Alphabet, Microsoft, and Meta announced higher capital expenditures as they invest in AI and data centers. Investors favored Alphabet for its strong cash flow coverage.
Berlin-based startup Paperspell has launched an AI-powered document assistant to simplify Europe’s complex bureaucracy, helping users translate, organize, and manage official paperwork.
OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1 trillion, positioning it as one of the most anticipated tech listings in history.
Vention expands its AI-powered full-stack automation platform with AI Operator, a new Developer Toolkit, and advanced simulation features, enabling manufacturers to achieve faster, smarter, and safer automation from design to deployment.
IBM introduces the IBM Defense Model, a specialized AI solution co-developed with Janes, designed to deliver accurate, mission-critical intelligence in classified, edge, and air-gapped environments.
Cisco and NVIDIA unveil industry-first solutions for AI-ready data centers, including the N9100 series switch and Secure AI Factory enhancements, empowering enterprises, neocloud, and telecom customers with unmatched flexibility, performance, and security.
Grammarly has rebranded as Superhuman and introduced Superhuman Go, a new AI assistant that integrates across productivity and communication apps.
Google partners with the UAE’s AI Office to launch “AI for All,” a nationwide initiative offering training and resources to help people of all ages and professions develop AI skills safely and effectively.
Nvidia hits a $5 trillion market valuation, cementing its role at the heart of the global AI surge and propelling CEO Jensen Huang into Silicon Valley legend status.
Character.AI is phasing out open-ended chat access for users under 18 after reports linking its chatbot platform to teen mental health crises and safety risks.
OpenAI CEO Sam Altman says the company is on track to develop a fully autonomous AI researcher by 2028, capable of conducting complex scientific work without human oversight.
OpenAI has finalized its recapitalization, forming the OpenAI Foundation with $25 billion dedicated to health breakthroughs and AI resilience initiatives.
YC-backed startup Mem0 has raised $24 million to develop a universal memory layer for AI apps, enabling models to retain context across agents and platforms.
Take-Two Interactive CEO Strauss Zelnick says AI can’t replicate the creativity behind “Grand Theft Auto,” arguing that generative systems remain “backward looking” and derivative.