
OpenAI Australia Data Center Switches Cooling Strategy After Recycled Water Plan Fails
Jul 23, 2026 00:48 am UTC| Business Technology
OpenAIs planned mega data center in Australia will rely on a more energy-intensive cooling system after developers abandoned plans to use recycled water, according to a Reuters report published Thursday. The change comes...

GE Vernova Q2 Revenue Tops Estimates as Earnings Miss, Shares Slide Despite Higher 2026 Outlook
Jul 23, 2026 00:46 am UTC| Business
GE Vernova (NYSE: GEV) reported mixed second-quarter 2026 results, with revenue beating Wall Street expectations but earnings falling short, sending the companys shares more than 6% lower in trading. Investors focused on...

Cathay Pacific Sees H1 Profit Surge on Strong Travel Demand
Jul 22, 2026 07:31 am UTC| Business
Cathay Pacific Airways (HK:0293) expects a significant jump in first-half 2026 earnings, supported by robust passenger demand, resilient cargo operations, and a one-time investment gain, despite higher fuel costs driven by...

Samsung Eyes Up to $1.14 Billion Investment in AI Startup Mistral
Jul 22, 2026 07:28 am UTC| Business Technology
Samsung Electronics is reportedly in discussions to invest as much as 1 billion euros ($1.14 billion) in French artificial intelligence startup Mistral, a move that could strengthen the South Korean tech giants position in...

Alaska Air Q3 Outlook Misses Estimates as Higher Fuel Costs Weigh on Profit Forecast
Jul 22, 2026 02:28 am UTC| Business
Alaska Air Group (NYSE: ALK) projected weaker-than-expected third-quarter earnings on Tuesday, citing continued pressure from elevated jet fuel costs that it expects to recover only partially through higher fares. The...

Wistron Opens $700M Texas AI Factory to Build Nvidia Superchips in U.S.
Jul 22, 2026 02:24 am UTC| Technology Business
Taiwan-based Wistron Corp. (TW:3231), one of Nvidias leading manufacturing partners, has officially opened its first U.S. production facility in Fort Worth, Texas, marking a significant milestone in the expansion of...

Wistron Opens $700M Texas AI Factory to Build Nvidia GB300 Superchips
Jul 22, 2026 01:51 am UTC| Business Technology
Taiwan-based Wistron Corp., a major Nvidia supplier, has opened its first U.S. manufacturing facility in Fort Worth, Texas, investing $700 million to expand artificial intelligence infrastructure production as global...