Tag: fast
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Half of OVHcloud capacity is available, AI model launching in early 2027, CEO says
Oct 20 : OVHcloud expects to launch its first AI model in early 2027, its chief executive said on Tuesday, while adding that about half of the French company’s connected cloud was available for new clients.The available capacity means the cloud operator can onboard clients without spending on construction,
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Alberta rejects plan for referendum on leaving Canada
Jeffrey Rath, a top leader of the separatist Alberta Prosperity Project, told reporters his push for an independent Alberta will “absolutely” continue.
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OVHcloud eyes faster 2027 growth as it posts first positive cash flow since IPO
Oct 20 : French cloud operator OVHcloud reported its first positive levered free cash flow since its 2021 listing on Tuesday, as its revenue grew 7.2 per cent to €1.15 billion ($1.29 billion) in the financial year through August.The milestone means OVHcloud now covers its heavy capital spending from its ow
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ABB posts record quarterly orders helped by data centre boom
ZURICH, Oct 20 : ABB said on Tuesday a boom in spending on data centres used to power artificial intelligence helped push its quarterly orders to a record, as the Swiss engineering group announced a $495 million investment to expand in Asia.Orders surged 40 per cent to $12 billion in the three months ended S
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UEFA demands answers from FIFA over Infantino presidency – reports
Oct 20 : UEFA has sent a letter to FIFA seeking answers about Gianni Infantino’s presidency, including questions over the FIFA Forward Enterprise (FFE) project and the FIFA Peace Prize, by November 2, British media reported on Monday.UEFA has led calls for Infantino to resign since he proposed the now-abandon
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Shares stumble, oil rises as investors await AI sector earnings
TOKYO, Oct 20 : Asian stocks retreated broadly on Tuesday while oil prices rose as geopolitical risks rattled sentiment ahead of key results from AI bellwether companies. The euro recouped some losses from the previous session that were spurred by escalating riots in France. Crude prices resumed their climb
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Coach of England’s test team should be English, says New Zealander Fleming
Oct 20 : Stephen Fleming is the fifth foreign coach to take charge of England’s test team but the New Zealander hopes his successors will be English and says he will seek to develop home-grown coaching talent during his tenure.Fleming was appointed in July to replace compatriot Brendon McCullum, with Australi
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Singapore tech giant Sea plans IPO for financial services arm Monee, memo says
The memo said the tech group would also launch an AI-first enterprise platform named Sea Cloud.
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OVHcloud meets 2026 targets, posts first positive cash flow since IPO
Oct 20 : French cloud operator OVHcloud said on Tuesday its revenue rose 7.2 per cent to €1.15 billion ($1.29 billion) in the year to August 31, and that it posted its first positive levered free cash flow since its 2021 listing. The milestone means the French group now covers its heavy capital spending fr
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ABB says data centre business booming, Q3 figures in line with forecasts
ZURICH, Oct 20 : ABB is continuing to see a boom in spending on data centres used to power artificial intelligence, the engineering group said on Tuesday, as it reported its latest earnings. The Swiss company said its operational earnings before interest, tax and amortisation jumped 24 per cent to $2.03 billi
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