Why is Palladyne AI stock surging today?
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Infineon says AI data centre boom to persist despite growing backlash
Infineon expects soaring demand for chips powering AI infrastructure to sustain growth, despite mounting concerns over the environmental and economic costs of data centre expansion.
- Infineon predicts AI data centre expansion will persist despite US opposition.
- CEO Jochen Hanebeck argues global regions can accommodate data centres without major impact.
- Infineon reports 12% revenue increase and forecasts 20% sales growth this year.
Anthropic targets valuation of up to $1.4tn in IPO
The Claude maker says it and some of its investors plan to sell shares for as much as $78 each
Cognizant sets up Claude Frontier group with over 25,000 professionals
The IT services firm also introduces a managed services model for Claude, aiming to help enterprises deploy, operate and scale AI systems securely across core business functions
Anthropic values itself at nearly $1.3 trillion, according to new IPO filing
The company is valuing itself at about $1.3 trillion.
Novus Loyalty opens Dubai office to strengthen AI-powered enterprise loyalty across the GCC and MENA
Novus Loyalty Limited , a BSE-listed, AI-powered enterprise loyalty and customer engagement technology company, has opened its Dubai office, marking a significant step in strengthening its presence…
Israeli AI security startup Bay raises $50 million
Bay says it addresses a primary barrier to AI adoption by "allowing autonomous agents to perform business-critical work safely while enterprises retain control and accountability at scale".