Ormat

United States

Cisco Raises Annual Forecast on AI-Driven Demand for Networking Gear

Cisco Systems (CSCO.O) raised its full-year profit and revenue forecast on Wednesday, supported by rising demand for networking equipment as companies expand da…

United States

AMD Expects Profit to Triple by 2030, Data Center Chip Market to Grow to $1 Trillion

Advanced Micro Devices (AMD) announced on Tuesday that it expects annual data center chip revenue to reach $100 billion within the next five years, with earning…

United States

Apple Delays Next Version of iPhone Air, the Information Reports

Apple (AAPL.O) will delay the release of the next version of its iPhone Air, originally planned for fall 2026, due to weaker-than-expected sales, according to a…

Germany

AST Spacemobile, Vodafone Launch Satellite Operations Centre in Germany

AST SpaceMobile, the developer of the world’s first space-based cellular broadband network directly accessible by standard smartphones, and Vodafone Group…

United States

Meta Plans $600 Billion US Spend as AI Data Centers Expand

Meta Platforms (META.O) announced on Friday that it plans to invest $600 billion in U.S. infrastructure and job creation over the next three years, with a major…

Australia

Google Planning Powerful AI Data Centre on Tiny Australian Indian Ocean Outpost

Google plans to build a large artificial intelligence data centre on Australia’s remote Christmas Island in the Indian Ocean, according to documents revie…

Saudi Arabia

Nokia, CST & Stc Complete Middle East’s First 7 Ghz 6G Spectrum Trial

Nokia, the Communications, Space and Technology Commission (CST), and stc have announced the successful completion of the Middle East and Africa’s first 7…

India

Nvidia Joins India Deep Tech Alliance as Group Adds New Members, $850 Million Pledge

Nvidia on Wednesday joined Indian and U.S. investors in backing India’s deep-tech startups as the India Deep Tech Alliance expanded its membership and sec…

United States

Amazon’s $38 Billion OpenAI Deal Shows It Is No Longer an AI Laggard

Amazon’s $38 billion cloud agreement with OpenAI marks a major milestone for the company’s cloud computing division, Amazon Web Services (AWS), following rece…

United States

SLB Launches New AI Product as It Focuses on Digital Sales Growth

Energy technology company SLB (SLB.N) announced on Monday the launch of a new artificial intelligence tool called Tela, designed to automate processes and workf…

South Korea

NVIDIA, SK Group Strengthen Strategic Alliance to Build Korea’s Largest AI Factory

NVIDIA has announced a major collaboration with South Korea’s SK Group to build an AI factory aimed at advancing semiconductor research, development, and …

United States

Apple Shares Rise as iPhone Holiday Sales Forecast Soothes Supply Woes

Apple’s shares rose about 2% in premarket trading on Friday after the company issued an optimistic forecast for the holiday quarter, indicating that strong dem…

United States

Amazon Shares Soar as Cloud Growth Beats Expectations

Amazon (AMZN.O) reported its fastest cloud revenue growth in nearly three years, lifting the company’s shares by 14% in after-hours trading and prompting …

United States

OpenAI Lays Groundwork for Juggernaut IPO at up to $1 Trillion Valuation

OpenAI is preparing for a potential initial public offering (IPO) that could value the company at up to $1 trillion, according to three people familiar with the…

United States

Nvidia’s Stock Market Value Nears Record $5 Trillion

Nvidia was close to reaching a $5 trillion market valuation on Tuesday after announcing strong new orders and major government projects. The company said it had…