Chinese robotics firm Micbot is preparing to supply AI-powered industrial quadrupeds to Saudi Aramco, with first shipments expected in September or October and a mass-procurement decision by year-end,…
A study published in Nature Communications found that AI-driven productivity gains in fossil fuel extraction could increase net yearly carbon pollution by 0.47 to 1.8 gigatonnes, or about 1-5% of the …
A first-of-its-kind study finds that AI will boost fossil fuel production more than renewable energy, causing annual carbon emissions to rise by 0.47 to 1.8 gigatonnes, equivalent to 1% to 5% of the e…
SLB, the $70 billion oil services giant formerly known as Schlumberger, is poised to profit from AI data centers and the post-Strait of Hormuz oil exploration boom, according to Melius Research analys…
Aramco Ventures led a $800 million Series C investment in Together AI, valuing the open-weight AI infrastructure company at $8.3 billion post-money. The round, which included Nvidia, General Catalyst,…
South Korea's SK Hynix is launching a $28 billion Nasdaq listing to give US investors easier access to the AI memory-chip boom. The company will sell 17.79 million new shares as American Depositary Re…
Schneider Electric acquired Cognite for $3.1 billion in late June 2026, marking the largest Norwegian software exit. The deal gives Schneider ownership of Cognite's industrial data platform, which con…
South Korean chip giant SK Hynix announced plans to raise up to $29.4 billion through a US stock market listing on Nasdaq, aiming to capitalize on surging investor appetite for AI stocks. The Nvidia s…
SpaceX announced a $20 billion bond offering on June 18, 2026, to refinance debt and fund AI infrastructure, following its record $75 billion IPO. The company also disclosed holding 18,712 Bitcoin wor…
SpaceX priced its initial public offering at $135 per share, raising $75 billion in the largest IPO in history, surpassing Saudi Aramco's 2019 debut. The 555.6 million shares will begin trading on the…
SpaceX is going public in what is expected to be the largest IPO in history, with $75 billion in shares set to be sold on the Nasdaq Friday at $135 per share, valuing the company at roughly $1.75 tril…
Rob Arnott, founder of Research Affiliates, warned that upcoming IPOs from SpaceX, Anthropic, and OpenAI could create a prolonged drag on equity markets by diverting tens of billions of dollars from e…
SpaceX's $75 billion initial public offering has received orders exceeding the number of shares available, according to people familiar with the matter, putting the company on track for the largest-ev…