Schneider Electric and Switch have inked a massive $1.9 billion cooling contract, the largest ever in North America. The deal includes prefabricated power modules and Uniflair chillers for Switch’s AI-focused data centers.
MP Materials surged 9% Wednesday after announcing a Pentagon-backed joint venture with Saudi Arabia’s Maaden to develop a rare earth refinery. The Defense Department will finance the U.S. portion while MP provides technical expertise. This marks a significant expansion of America’s rare earth supply
Apple is challenging the financial backing behind a massive $4 billion UK class action lawsuit targeting iCloud storage practices. The tech giant argues the lawsuit’s funder suffered a catastrophic 99% stock collapse, raising serious questions about whether the case can proceed. This comes as Apple
Meter is betting that the next 1,000 days will determine which networking company dominates the next decade. The NaaS specialist just unveiled nine new hardware platforms and major AI upgrades to its Command platform, claiming deployments are now twice as fast as legacy vendors.
Memory prices are set to potentially double by mid-2026 as chipmakers pivot production to advanced AI components. The shift is creating critical shortages in mature chips like LPDDR4, with prices already up 50% this year. Analysts warn this will significantly increase costs for consumer devices.
German industrial giant Siemens is teaming up with Taiwanese power specialist Delta Electronics to deliver modular, plug-and-play power solutions for data centers. The partnership promises to slash construction timelines and capital expenditures while addressing the growing power demands of AI workl
Adobe is making a massive bet on the future of search with its $1.9 billion acquisition of Semrush. The deal comes as AI chatbots are fundamentally changing how people discover content online. This could reshape digital marketing strategies for years to come.
Illinois has officially launched mobile driver’s licenses in Apple Wallet starting today. Residents can now add their IDs for use at TSA checkpoints and select businesses. This brings the total number of participating states to 13.
The New York Democrat sounded the alarm at a House hearing on Tuesday, comparing potential AI market collapse to the 2008 financial crisis. She argued against any federal bailouts for AI companies while everyday Americans face healthcare and food assistance cuts.
TikTok is rolling out new controls that let users manage how much AI-generated content they see. The platform will also add invisible watermarks to AI content to improve detection. Both features are launching over the coming weeks.
