Just a few weeks ago, the largest AI development and product companies led by Microsoft, OpenAI, Google, Facebook ...
ABB expects increased demand from the data centre market for its electrification products, CEO Morten Wierod said on Thursday, despite the promise of lower-energy AI models from China's DeepSeek.
Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.
The meteoric rise of Chinese start-up DeepSeek may have shaken Wall Street's confidence in some favorite trades, but it’s unlikely to change the immediate outlook for the spending that has fueled the ...
Together with other companies, BASF will invest a total of KRW 80 bn (EUR 50m) in upgrading the Korean site, adding some 40 new jobs. The German group’s Yeosu complex, established in 1998 and ...