Siemens to Spend 300 Million Euros on German Plants for AI-Era Technology
Construction crews will begin work this month on a new Siemens supplier facility in Offenbach, outside Frankfurt, one of three projects the German industrial group announced on July 1 as…
Japanese Passive Component Makers Post Record Capacitor Shipments
The unglamorous parts inside every electronic device are having a moment. Japanese manufacturers of capacitors, resistors and other passive components shipped 231.4 billion yen worth of goods in April, up…
Anthropic’s Claude Models Arrive on Microsoft’s Azure Cloud
The model catalog inside Azure AI Foundry gained a new entry this week, and for many of Microsoft’s enterprise customers it was the name they had been waiting for. Anthropic…
Schneider Electric to Buy Industrial AI Firm Cognite for $3.1 Billion
Schneider Electric has agreed to acquire Cognite, a Norwegian company whose software organizes data streaming off factory floors, for $3.1 billion in cash, the French energy-management group said. The deal…
Machine Learning Points to Two New Superconductors, Finnish Team Says
A research team led by Finland’s Aalto University says it has discovered two new superconducting materials by screening a vast field of candidates with a method that combines machine learning…
ChatGPT to Deploy on U.S. Military’s GenAI.mil Platform in Early July
The laptop an Air Force analyst opens in a few weeks will have a new icon on its desktop. ChatGPT is arriving on GenAI.mil, the U.S. military’s artificial-intelligence platform, in…
Prime Day Opens Strong as Amazon Tests Drone Deliveries to Balconies
The first hours of Amazon’s Prime Day brought the kind of numbers the company’s retail business has been waiting for. Sales on the first day of the annual shopping event…
Tesla’s Q2 Delivery Report Looms After Shares Rally Above $420
The numbers will be released after the market closes on Thursday, and Tesla’s investors have already voted with their money. The company’s shares have risen more than 10 percent this…
Micron’s $100 Billion Order Book Rewrites Memory Math
The earnings call on June 24 had the kind of numbers that used to belong to software companies, not chipmakers. Micron Technology reported revenue of $41.5 billion for its fiscal…
AirTrunk Pledges $30 Billion to Make India an AI Powerhouse
The meeting in New Delhi was brief, and the announcement that followed was anything but. Robin Khuda, the chief executive of AirTrunk, the Australian data-center operator backed by Blackstone, met…