Stargate, a joint venture led by OpenAI, Oracle, and SoftBank, will invest $500 billion for artificial intelligence infrastructure in United States. President Donald Trump announced the three companies plan to build 20 massive datacenters and create 100,000 jobs in the U.S. This follows a March 2024 report detailing a $100 billion data center project by…
Possible iPhone 17 Air rear panel components leaked
Tech leaker Majin Bu has released images purportedly showing rear panel components of the rumored iPhone 17 Air. The photos suggest a glimpse of the design for Apple’s anticipated new smartphone model. The images reveal a single camera housing, suggesting that they belong to the iPhone 17 Air, Apple’s rumored thin smartphone model that reportedly…
Prodigy Learning and Minecraft Education unveil AI skills course for students
DUBLIN: Prodigy Learning, an Irish-headquartered education technology company, in collaboration with Minecraft Education, announced the launch of a new artificial intelligence (AI) skills course designed for students. The course, titled “AI Ready Skills,” aims to engage young and diverse learners through game-based learning and rewards their progress with credentials. The curriculum consists of four units…
DigitalOcean launches advanced generative AI Platform at Deploy 25
AUSTIN: DigitalOcean (NYSE: DOCN), a leading provider of scalable cloud solutions for tech companies, launched its new GenAI Platform today at the Deploy 25 developer conference in Austin, Texas. The GenAI Platform enables customers to deploy AI agents using foundational models from third-party providers, eliminating the need for advanced expertise in AI or machine learning….
Mardi Holding expands into UAE
DUBAI: Mardi Holding, a prominent real estate development company from Georgia, has announced its expansion into the UAE. This move aims to attract investors to its branded developments in Georgia, in cooperation with the global hospitality group Accor. Based in Batumi, Mardi Holding has been active in the real estate market since 2010 and has…
Pennpetro Energy appoints Robert Menzel as new CEO
LONDON: Pennpetro Energy (LSE: PPP) announced that Robert Menzel has been appointed as Chief Executive Officer of the company with immediate effect. Robert is the founding member and Chairman of Globalvision International Lda, an international commodity trading organisation with a focus on developing oil and gas investment projects. His career experience includes setting up new…
Petra Diamonds sells entire stake in Williamson Diamonds Limited for $16 million
LONDON: Petra Diamonds Limited (LSE: PDL) has entered into an agreement to sell its entire shareholding in the entity that holds its interest in Williamson Diamonds Limited (WDL) to Pink Diamonds Investments Limited for up to $16 million. Transaction Highlights: – The sale includes Petra’s entire shareholding in the entity holding its WDL interest and…
LPA Group signs deal with Eaton Electrical Products to acquire Eaton’s Powertron business
LONDON: LPA Group plc, the innovation-led engineering specialist in electronic and electro-mechanical components and systems, announced that an agreement has been signed to acquire the UK trade and assets of a power supply provider. LPA has reached agreement with Eaton Electrical Products Limited to acquire Eaton’s Powertron business. The Acquisition includes the UK trading division…
EnQuest agrees to acquire Harbour Energy’s business in Vietnam
LONDON: EnQuest has signed a Sale and Purchase Agreement to acquire Harbour Energy’s business in Vietnam, which includes the 53.125% equity interest in the Chim Sáo and Dua production fields. This transaction aligns with the Group’s strategic aim to grow its international operating footprint by investing in fast-payback assets, with low capex and reduced carbon…
Manx Financial Group has acquired CAM Wealth Group
LONDON: Manx Financial Group (AIM:MFX), the holding company providing a range of diversified financial services to the Isle of Man and the United Kingdom, has acquired the UK FCA licenced Wealth Management business, CAM Wealth Group Holdings Limited and its subsidiary CAM Wealth Group Ltd, trading as CAM Wealth. This purchase links to the Group’s…
Chatham to sell Korella North and South leases to Marshall Group
WELLINGTON: Chatham Rock Phosphate has reached an agreement in principle to sell four mining and exploration leases to the Australian entity Marshall Group. The properties involved are Korella North and South, currently held by Chatham’s 100% owned subsidiary, Avenir Makatea Pty Limited (AML). The leases to be sold include ML100379, EPM 28589, and EPM 28882…
Grant Viney appointed Chief Executive Officer of EBOS Animal Care
WELLINGTON: EBOS Group Limited announced the appointment of Mr Grant Viney to the role of Chief Executive Officer of EBOS Animal Care with effect from 1 February 2025. Mr Viney is currently the Executive General Manager of EBOS-owned Masterpet, having joined the business in 2019. The business, which includes premium natural pet food brand, Black…