Bentley Systems, a software company that provides solutions for infrastructure engineering, has announced that it has acquired Blyncsy, an AI company that offers services for transportation departments to monitor and maintain road conditions. The acquisition is part of Bentley’s iTwin Ventures portfolio, which aims to foster the development and adoption of infrastructure asset analytics using…
Method Architecture acquires David Boggess Architects, expands its presence in Texas
Method Architecture, a Houston-based firm that specializes in designing breweries, mixed-use projects and commercial properties, has announced that it has acquired David Boggess Architects, another Houston commercial architecture firm. David Boggess Architects is known for its projects such as the redevelopment of the Hughes Tool site in Houston’s East End and an operations and training…
Chesapeake Energy sells its last Eagle Ford assets to SilverBow Resources
Chesapeake Energy, a major energy company based in Oklahoma, has announced that it will complete its exit from the Eagle Ford shale region in Texas by selling its remaining assets there to SilverBow Resources, a Houston-based exploration and production company. SilverBow agreed to pay between $700 million and $750 million for the assets, depending on…
Nvidia to sell over half a million H100 GPUs for AI and HPC in 2023
Nvidia, the world’s leading maker of graphics and compute processors, is expected to sell more than 550,000 of its latest H100 compute GPUs in 2023, according to sources cited by Financial Times. The H100 GPUs are designed for artificial intelligence (AI) and high-performance computing (HPC) applications, and are based on Nvidia’s Hopper architecture. The H100…
ZTX secures $13 million seed funding for its web3 metaverse and creator platform
ZTX, a web3 virtual world and creator platform, has announced that it has raised $13 million in seed funding from a group of investors led by Jump Crypto, a crypto-focused investment firm. The funding round also included Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group, and others. ZTX is a collaboration between Jump Crypto and…
Apple may surprise us with a USB-C update for the iPhone 14
The iPhone 15 series is expected to launch next month in September, and it may bring a major change to the charging port of the Apple devices. According to rumours, the iPhone 15 may ditch the Lightning port and adopt the USB-C standard, which is more widely used and compatible. However, a new report suggests…
DAE acquires 64 Boeing 737 MAX aircraft from Chinese leasing company
Dubai Aerospace Enterprise (DAE), a leading global provider of aviation services and leasing solutions, has announced that it has agreed to buy 64 Boeing 737 MAX aircraft from a subsidiary of China Aircraft Leasing Group Holdings Limited (CALC), a major Chinese aircraft leasing company. The deal, which was disclosed on August 14th, 2023, involves one…
ITV invests in pain relief brand Flarin as part of its Media for Equity portfolio
LONDON, UK: ITV, the UK’s largest commercial broadcaster, has announced its third deal of 2023 as part of its Media for Equity portfolio, investing in Flarin, a pain relief brand that offers a unique and patent protected anti-inflammatory painkiller. This is ITV’s first consumer healthcare investment to date. Flarin is one of the fastest growing…
How to Start Trading in LATAM: Top Tips
Trading in Latin America (LATAM) involves buying and selling assets such as commodities, stocks, and currencies within the region’s vibrant and diverse markets. With a rich economic landscape, LATAM provides unique opportunities for both novice and experienced traders. The LATAM markets comprise a dynamic blend of emerging and developed economies. Countries like Brazil, Mexico, and…
Liberty Global and Infosys sign $1.64 billion strategic collaboration
BENGALURU, INDIA: India’s Infosys and Liberty Global have signed an initial five-year agreement worth 1.5 billion euros ($1.64 billion) to evolve and scale the communications firm’s digital entertainment and connectivity platforms, the companies said in a joint statement on Tuesday. Building on their existing multi-year collaboration which has successfully supported Liberty Global’s technology services platforms…
UNITH launches digital humans for public engagement and demonstration
SYDNEY, AUSTRALIA: UNITH, a company that develops digital human technology, has announced the launch of three digital humans that have been integrated into its website for public engagement and demonstration. The digital humans are AIKO, a UNITH spokesperson, LAIA, a Barcelona tour guide, and Julia, a HR employee. The digital humans are powered by GPT…
BP invests in start-up to cut green hydrogen costs with vapour technology
BP, the British energy giant, has invested in a start-up company that is developing a novel technology to produce zero-carbon hydrogen from water vapour emitted by heavy industry. The technology, called Symbion, uses heat from existing industrial operations to reduce the electricity consumption and costs of water electrolysis, the process of splitting water into hydrogen…