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Nvidia announces next-generation Rubin AI platform for 2026
Nvidia chief executive officer Jensen Huang said the company plans to upgrade its artificial intelligence (AI) accelerators every year, announcing a Blackwell Ultra chip for 2025 and a next-generation...
UBS announces equity conversion provision for almost US$5 billion in AT1 debt
UBS on Monday (May 13) said almost US$5 billion worth of Additional Tier one (AT1) bonds, a form of debt, have been made available for equity conversion following a...
Microsoft announces 4 billion-euro data centre investment in France
MICROSOFT on Sunday announced it would invest four billion euros (S$5.8 billion) to develop data centres in France to bolster its infrastructure in artificial intelligence and cloud computing.The US...
Nanjing Xinjiekou Department Store announces May 23 EGM; Cordlife seeking legal advice
CORDLIFE’S substantial shareholder Nanjing Xinjiekou Department Store said its nominee Philip Securities will exercise its rights as a member of Cordlife – on Nanjing Xinjiekou’s instructions – for an...
PetroVietnam announces new oil discoveries with initial reserves of 100.5 million barrels
AFFILIATES of Vietnam’s state oil firm PetroVietnam have made two new oil findings with combined initial reserves of 100.5 million barrels of crude oil, its exploration and production arm...
ANZ announces A$2 billion buyback despite lower cash earnings
ANZ Group announced a new A$2 billion (S$1.8 billion) share buyback on Tuesday despite reporting a 7 per cent slump in first-half cash earnings due to intense competition in...
Westpac net profit falls 16%, announces additional A$1 billion buyback
Australia’s Westpac Banking Corp reported a 16 per cent drop in its first-half net profit on Monday as intense lending competition and higher costs squeezed its margins.It also announced...
Microsoft announces US$2.2 billion AI, cloud investment in Malaysia
MICROSOFT on Thursday pledged a US$2.2 billion investment in artificial intelligence and cloud computing in Malaysia to help develop the country’s AI infrastructure, the tech giant said in a...
