Data4, a company backed by Brookfield, is set to invest approximately €300 million ($331 million) to establish a cutting-edge data center hub in Greece, as demand for artificial intelligence (AI) services continues to surge. The Paris-based firm is currently in talks with existing lenders and Greek banks to finance the majority of the project through

While much of the attention at Apple Inc.’s upcoming product launch event will focus on the iPhone 16 lineup, a significant opportunity for growth lies in the company’s wearables division. The long-neglected segment, including the Apple Watch and AirPods, is set for a revival with the introduction of new and upgraded devices. For the first

Japanese semiconductor startup Rapidus Corp. is seeking to raise ¥100 billion ($696 million) through new equity financing, targeting both existing and new investors. The funds are aimed at bolstering its efforts in chip development and production. Rapidus has already approached its current shareholders—including industry giants like Toyota Motor Corp., Sony Group Corp., SoftBank Corp., and

In an industry where reducing aircraft weight has long been the mantra to save on fuel costs, Deutsche Lufthansa AG is taking a counterintuitive approach to ensure the comfort of its first-class passengers. The German airline’s Swiss subsidiary has decided to add lead weights to the tails of some aircraft, a move designed to counterbalance

Aleksandr “Shurick” Agapitov, the CEO and founder of Xsolla, is known for his extravagant spending to promote his company, which plays a pivotal role in the $188 billion gaming industry. From lavish booths at major gaming events like Gamescom in Cologne, Germany, to organizing Go-Karting tournaments in Las Vegas, Xsolla’s presence is felt far and

In the midst of uncertainties surrounding Federal Reserve policies, the state of the economy, and the upcoming U.S. presidential election, one thing remains indisputable on Wall Street: the relentless investment in artificial intelligence (AI) infrastructure. Companies are channeling vast sums into AI, with Nvidia Corp. emerging as a primary beneficiary. The chipmaker’s upcoming earnings report

Shares of Grab Holdings Ltd. dropped significantly after the company reported revenue growth that fell short of market expectations, underscoring the stiff competition it faces in Southeast Asia’s ride-hailing and delivery sector. By mid-morning in New York on Thursday, Grab’s stock had declined by 5.5%. The company posted a 17% increase in revenue for the

Tencent and Apple in Negotiations Over Revenue Sharing for WeChat Mini Games Tencent Holdings Ltd., one of China’s tech giants, has confirmed that it is in discussions with Apple Inc. about sharing revenue generated from WeChat mini games, signaling a potentially transformative development for the mobile gaming industry in China. For the first time, Tencent’s

Xiaomi Corp. has set an ambitious goal to deliver 120,000 units of its SU7 electric vehicle (EV) this year, raising its target for a model that aims to compete with industry leaders like Tesla Inc. and drive the company’s broader strategic ambitions. President Lu Weibing announced this revised target following Xiaomi’s impressive quarterly revenue growth,

Xpeng Inc., a prominent player in the Chinese electric vehicle sector, recently reported a first-quarter loss that was narrower than anticipated, signaling resilience despite the intense pricing competition affecting the industry. For the first quarter, Xpeng recorded a non-GAAP net loss of 1.41 billion yuan ($195 million), outperforming analysts’ expectations of a 1.71 billion yuan