Data and artificial intelligence firm Databricks has raised $5 billion in a strategic funding round, achieving a post-money valuation of $190 billion. The company announced the capital raise on Thursday,
Infrastructure
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Israeli trading platform eToro has agreed to acquire United States-focused online brokerage TradeZero for $231 million, a move designed to accelerate its expansion within the American market. The transaction, which
Quantinuum and Oracle have announced a multi-year strategic partnership designed to integrate quantum computing capabilities directly into Oracle Cloud Infrastructure (OCI). This collaboration aims to facilitate broader adoption of quantum
Energy security is undergoing an immediate transformation driven by shifting global demands and systemic pressures. Power networks worldwide are experiencing significant strain as electricity consumption rises, artificial intelligence applications expand
A catastrophic power failure similar to the 2021 winter storm disaster was averted in July this year thanks to extensive solar infrastructure. When privately managed electricity grid operator ERCOT faced
Micron Biomedical has been awarded a four-point-five-million-dollar contract by the National Institute of Allergy and Infectious Diseases to develop medical countermeasures against radiation injury. The agreement was announced on July
Dr Ozan Özerk established banking-as-a-service provider OpenPayd in 2018 following a diverse career that included co-founding Biip.no, working as a doctor, and operating e-commerce businesses. He explains there was no
Advanced Micro Devices Inc is set to report its second quarter results on Tuesday evening amidst a sector-wide retreat that has raised questions about the sustainability of hyperscaler spending on
Uniper has appointed SLB Capturi to supply the carbon capture and storage technology required for its proposed power station at Connah’s Quay, a central component of the wider HyNet industrial
Gautam Adani, the Indian industrial magnate who sits at the pinnacle of wealth in a nation whose economy is among the fastest moving in the world, is reportedly weighing a
In a significant policy development, Rachel Reeves, the Shadow Chancellor of the Exchequer, is contemplating a return to the controversial practice of private sector involvement in funding major construction projects.
In a stark reminder of the fragility of our modern infrastructure, recent blackouts in Spain and Portugal have prompted significant discussions regarding the underlying necessities of everyday life, particularly the
Lord Wolfson of Aspley Guise, the Chief Executive of Next, has labelled the United Kingdom’s planning system as the most significant impediment to prosperity. Speaking at the Margaret Thatcher Conference
The co-owner of Virgin Media O2, Mike Fries, has issued a stark warning regarding the future of broadband development in the United Kingdom. The chief executive of Liberty Global made
A British-made satellite designed to look inside buildings is set to be launched into space this week. The satellite will be deployed aboard a SpaceX Falcon 9 rocket, reflecting the
The British infrastructure sector is currently facing scrutiny over the ever-increasing budgets associated with major projects, such as Heathrow Airport. Recent analyses highlight that infrastructure projects in the UK are
