AWS to Invest $5BN in South Korea by 2031 for AI Data Centres
Wedoany.com Report-Oct. 30, AWS Chief Executive Officer Matt Garman announced a major new investment during a meeting with South Korean President Lee Jae Myung on the sidelines of the Asia-Pacific Eco...
Airbus Cuts Production Rate Target for Its A220 Jet
Wedoany.com Report-Oct. 30, Europe’s Airbus (AIR.PA) announced on Wednesday that it has lowered its production target for the A220 jetliner, offsetting the positive impact of stronger quarterly earn...
OpenAI Lays Groundwork for Juggernaut IPO at up to $1 Trillion Valuation
Wedoany.com Report-Oct. 30, OpenAI is preparing for a potential initial public offering (IPO) that could value the company at up to $1 trillion, according to three people familiar with the matter. If ...
US Strengthens Grain Exports to Saudi Arabia
Wedoany.com Report-Oct. 29, A delegation from the U.S. Grains & BioProducts Council (USGBC) visited Saudi Arabia to promote American corn, sorghum, and co-products such as Distiller’s Dried Grai...
Saudi Railway Signs MoU With Ericsson for Future 5G Deployment
Wedoany.com Report-Oct. 29, Ericsson and Saudi Railway Company (SAR) have signed a memorandum of understanding (MoU) to introduce 5G technology into SAR’s rail operations. The partnership aims to de...
Portugal’s Mota-Engil Lands €1BN Mexican Rail Deal
Wedoany.com Report-Oct. 29, Mota-Engil has secured over €1 billion in new rail contracts in Mexico, strengthening its position as a leading infrastructure player in Latin America and bringing its to...
Amazon Subsidiary to Invest $5 Billion in South Korea, Presidential Office Says
Wedoany.com Report-Oct. 29, Amazon Web Services (AWS) announced on Wednesday that it will invest at least $5 billion in South Korea by 2031 to establish new artificial intelligence data centres, suppo...
Foxconn to Deploy Humanoid Robots at Houston AI Server Plant
Wedoany.com Report-Oct. 29, Foxconn, the world’s largest electronics manufacturer and a major supplier of AI servers for Nvidia, announced on Tuesday that it will introduce humanoid robots at its Ho...
Microsoft, OpenAI Reach Deal Removing Fundraising Constraints for ChatGPT Maker
Wedoany.com Report-Oct. 29, Microsoft and OpenAI announced a major restructuring deal on Tuesday, allowing the ChatGPT developer to transition from its nonprofit origins to a public benefit corporatio...
DNV Grants Aip for SMR-Powered Container Vessel
Wedoany.com Report-Oct. 28, DNV has awarded HD Korea Shipbuilding & Offshore Engineering (HD KSOE) an Approval in Principle (AiP) for a new 15,000 TEU container vessel design powered by Small Modu...