Ormat

Brazil

AFD and IDB Launch $324M Subsea Fibre and Data Centre Project in Brazil’s Amazon

The French Development Agency (AFD) has collaborated with the Inter-American Development Bank (IDB) to allocate $324 million toward a comprehensive subsea fiber…

Finland

New Nokia 7220 IXR-H6 Switches Deliver Extreme Performance for AI Data Centers

Nokia announced an expansion of its data center networking portfolio to support the rising performance and scalability needs created by AI workloads. The compan…

China

China Mobile Boosts Global Subsea Network With Major Hong Kong and Africa Milestones

The company announced the completion of two major developments, including the landing of the Hong Kong segment of the SEA-H2X submarine cable and the activation…

Turkey

Google Cloud Expands Into Türkiye via Turkcell Partnership

Google Cloud and Turkcell announced a strategic partnership to launch a new Google Cloud region in Türkiye, aimed at providing high-performance, low-latenc…

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 …