NEW YORK: DigitalOcean Holdings, Inc. (NYSE: DOCN) announced a collaboration with AMD to provide its customers with access to AMD Instinct™ GPUs, (AI GPUs) starting with the MI300X model, to power artificial intelligence workloads. The cloud computing company said it will later expand its offerings to include AMD’s high-performance MI325X GPUs, giving developers more affordable…
Hastings Technology Metals appoints Vince Catania as CEO
PERTH: Hastings Technology Metals Limited (ASX: HAS) announced Thursday the appointment of Vince Catania as its new chief executive officer, effective immediately. Catania, who previously served as the company’s general manager of corporate, succeeds outgoing leadership as the rare earths miner advances its flagship Yangibana project. Catania joined Hastings in January 2023 and played a…
OGDC signs offshore exploration deal in Abu Dhabi, unveils new gas discovery in Sindh
ISLAMABAD: Oil & Gas Development Company Limited (OGDC) on Thursday announced the signing of a Production Concession Agreement (PCA) for the development of Offshore Block 5 in Abu Dhabi, solidifying its participation in an international upstream venture through a consortium-based initiative. The agreement was executed between the Supreme Council for Financial and Economic Affairs, representing…
FINEOS outlines strategic shift toward subscription model, AI integration at 2025 AGM
SYDNEY: FINEOS Corporation Holdings a global provider of core systems for life, accident and health insurers, is doubling down on its transformation into a high-margin, subscription-driven business, while emphasizing operational efficiency, artificial intelligence (AI) integration and deepening market traction, according to company leadership at its 2025 Annual General Meeting. Held virtually Thursday morning, the AGM…
MPower Group to sell renewable energy business to Wollemi for $19 million
SYDNEY: MPower Group Limited (ASX: MPR), a leading Australian renewable energy and battery storage developer, announced today it has agreed to sell substantially all its business assets to climate-focused investment firm Wollemi Energy Group for approximately $19 million. The deal, outlined in a binding Business Sale Agreement, includes MPower’s renewable energy platform, the Lakeland Solar…
Dalaroo Metals to acquire 80% stake in gold project in Côte d’Ivoire
PERTH: Dalaroo Metals Ltd. (ASX: DAL) announced plans to acquire up to an 80% interest in the Bongouanoa Gold Project in Côte d’Ivoire, a move that expands its footprint in the gold-rich Sefwi-Comé Belts of West Africa. The project, covering 400 square kilometers, has shown promising results from historical exploration, including high-grade gold intercepts from…
URU Metals secures investment to advance Zeb Nickel Project
LONDON: URU Metals Limited announced Tuesday that it has secured a £420,000 investment from a prominent institutional investor to accelerate exploration at its flagship Zeb Nickel Project in Limpopo, South Africa. The investment was raised through the issuance of 12 million new ordinary shares at 3.5 pence per share. The funds will support advanced exploration…
HyProMag USA secures $92 million financing interest from EXIM Bank for rare earth recycling facility
DALLAS-FORT WORTH: HyProMag USA, LLC, a joint venture between CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) and Mkango Resources Ltd. (AIM/TSX-V: MKA), has received a letter of interest from the U.S. Export-Import Bank (EXIM) for up to $92 million in financing to support its first integrated rare earth recycling and magnet manufacturing facility in Texas….
TotalEnergies partners with Mistral AI to advance AI innovation in energy sector
PARIS: TotalEnergies and French artificial intelligence firm Mistral AI announced a collaboration Tuesday to accelerate AI-driven innovation in support of the energy company’s multi-energy strategy, with a focus on low-carbon solutions. The partnership will establish a joint AI innovation lab staffed by teams from both companies. Mistral AI will provide its advanced AI technologies, while TotalEnergies…
Hercules plc has acquired Quality Transport Training Ltd
LONDON: Hercules plc (AIM: HERC), a leading technology-enabled labour supply company for the UK infrastructure and construction sectors, announced the acquisition of the business and assets of Quality Transport Training Ltd (“QTT”). QTT has a proven track record of supporting unemployed individuals into work through fully funded training programmes, often in partnership with local authorities,…
EARNZ Holdings to acquire A&D for up to £2.8 million in cash and shares
LONDON: EARNZ Holdings Limited, a wholly owned subsidiary of its parent company, has agreed to acquire the entire share capital of A&D for a maximum consideration of £2.8 million, the companies announced. The deal includes an initial payment of £1.3 million, consisting of £840,000 in cash at closing, £200,000 held in escrow contingent on A&D…
EDF Energy Customers to acquire Pod Point Group Holdings PLC in £10.6 Million Deal
LONDON: EDF Energy Customers Limited (EDF) has agreed to acquire Pod Point Group Holdings PLC (“Pod Point”) in a recommended cash deal valued at approximately £10.6 million, the companies announced Thursday. Under the terms of the acquisition, Pod Point shareholders will receive 6.5 pence per share, a 24% premium over the closing price of 5.24…