Nvidia and Schneider Electric Team Up to Create More Efficient Data Centers
Schneider Electric and Nvidia are pairing up to create “digital twins” of artificial intelligence data centers to help manage electricity efficiently.
Air Products And Chemicals: New Management Team Is Derisking The Company's Project Pipeline, Buy Confirmed
Exiting several projects and focusing on core gas projects will reduce spending, improve backlog perceptions, and potentially boost APD's stock multiple. The company communicated the new CEO change. Guidance unchanged despite a soft Q2 outlook. Valuation remains at a discount vs peers. Our buy is confirmed.
Team Internet confident in its 'fundamental prospects and business' as Verdane shelves interest
Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) said it was confident in its 'fundamental prospects and business' as would-be buyer Verdane confirmed it would not be formally bidding for the group. It also noted that the Oslo-based private equity firm is "bound by the restrictions set out in Rule 2.8 of the City Code on Takeovers and Mergers", the key stipulation of which is it can't make a further offer for the UK domains and search group for six months.
Report: Meta to Form Team Focused on AI-Powered Humanoid Robots
Meta is reportedly forming a new team that will be devoted to developing artificial intelligence-powered humanoid robots. The team will be within the company's Reality Labs hardware division, Bloomberg reported Friday (Feb. 14), citing unnamed sources.
Team Internet ends the financial year with record cash flow
Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF)ended 2024 with record operating cash flow, highlighting strong financial management despite a slight dip in revenue. The digital services group generated approximately $95 million in adjusted operating cash flow, up from $93 million the previous year, with a cash conversion rate of 103%.
Axalta and Durr Team Up to Provide Digital Paint Solution
AXTA enters into a strategic partnership with Durr Systems AG to introduce overspray-free applications in the market.
Team17 to be renamed everplay as revenues are set to slightly beat expectations
Team17 Group PLC (AIM:TM17), which is about to rename as everplay Group PLC, told investors that its trading in 2024 was robust, with revenue and earnings (adjusted EBITDA) set to slightly exceed expectations. The independent video game developer described its Christmas period as strong, and said the positive momentum has carried over into January.
Brown-Forman Unveils Strategic Measures & Restructures Executive Team
BF.B announces a line of strategic measures to aid growth. Such actions will simplify and streamline the company's structure.
Team Internet propsective bidder Towerbrook drops out
One of the prospective bidders for digital marketeer Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) has dropped out with TowerBrook Capital Partners stating today it does not intend to make an offer. AIM-listed Team Internet disclosed on Tuesday it had received two approaches each worth 125p cash from Towerbrook and also one from fund manager Verdane.
Team Internet jumps 30% as AIM group gets two bid approaches
Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) has confirmed it has received separate bid approaches from private equity group TowerBrook Capital partners and fund manager Verdane each at 125p cash plus an unlisted share alternative. The two proposals follow earlier approaches for the digital marketing specialist from each of the respective offerors, Team Internet said, both of which were rejected by the board as undervaluing the company.
Amid Funding Milestones, Analyst Bets On Vertical Aerospace's Strong Engineering And Design Team
Canaccord Genuity analyst Austin Moeller maintained a Buy rating at Vertical Aerospace Ltd. EVTL with a price target of $16.
Petrobras & Constellation Team Up for Offshore Drilling Work in Brazil
PBR partners with Constellation for a $528 million deal to deploy the Amaralina Star drillship offshore Brazil, enhancing operations in key oil fields.
