Tag: data
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Owkin signs AI drug discovery deal with Boehringer for cancer, immunology
Sept 2 : AI company Owkin said on Wednesday it has signed a licensing deal with Germany’s Boehringer Ingelheim, giving the drugmaker access to its AI research platform and patient data to speed up discovery of drugs for cancer and immunity-related diseases.The deal adds Boehringer to a growing list of drugmak
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India’s Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boom
Sept 2 : Indian data centre operator Yotta Data Services plans to launch an IPO in the January-March quarter of 2027, CEO Sunil Gupta told Reuters, as it seeks to capitalise on booming demand for AI computing infrastructure.The Hiranandani Group-backed firm is looking to file draft IPO papers in October and a
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USDA to test satellites, AI to try to improve crop estimates amid farmer criticism
BOONE, Iowa, Sept 1 : The U.S. Department of Agriculture is launching a pilot project that will rely more heavily on technology as part of a broader effort to improve its closely watched U.S. crop acreage and yield estimates, Secretary Brooke Rollins said on Tuesday, as the agency faces mounting criticism from farme
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Analysis:Texas’ halt on powering data centers reflects US reckoning over ‘ghost’ demand
Sept 1 : Data centers have requested roughly as much electricity across the middle swath of the United States as it takes to power every home in the country, but much of that demand may be an illusion.In an attempt to find out what is real, Texas recently became the first major data center hub…
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Berlin is being blackmailed by hackers, mayor says
Kai Wegner says the German capital and city-state would not cave in to a ransom demand for data stolen in a cyber-attack.
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Japan spent record $96.5 billion to support yen over past month, ministry data shows
TOKYO, Aug 28 : Japanese authorities spent a record 15.4 trillion yen ($96.5 billion) intervening in foreign exchange markets over the past month to support the local currency, Finance Ministry data showed on Friday.The size of the intervention shows the level of Tokyo’s resolve to pull the yen away from four
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Australia data centre firm NextDC reports rising water, energy use with profit beat
SYDNEY, Aug 28 : Australian data centre developer NextDC said water and energy consumption rose in the past year as demand for computing capacity drove profit ahead of forecasts, figures which may feed public disquiet about the AI boom’s draw on resources.The company’s water usage effectiveness (WUE) ratio cl
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Lidl owner to invest up to $6.5 billion by 2033 in data centre in northern Germany
Aug 27 : Germany’s Schwarz Group, owner of discount retailer Lidl, said on Thursday it would spend up to €5.6 billion ($6.5 billion) on a data centre in northern Germany amid a push by European countries to become less dependent on overseas providers of cloud and AI services.Construction of the complex near
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Lidl owner to invest up to €5.6 billion by 2033 in data centre in northern Germany
Aug 27 : Schwarz Group, which owns the discount retailer Lidl, plans to invest €5.6 billion to build a data centre in the northern German state of Mecklenburg-Western Pomerania, the German supermarket conglomerate said on Thursday.• The data centre will have a capacity of 240 megawatts by 2033, it said in
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Global equity index, bond yields edge up with focus on inflation and Middle East
Aug 26 : MSCI’s global equities gauge barely rose on Wednesday after U.S. inflation data came in hotter than expected while investors waited for results from AI heavyweight Nvidia, and oil prices settled lower after a choppy session.A senior Iranian source said on Wednesday that Iran and Oman are still workin
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