Micron Technology said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers.
Global Payments has agreed to buy rival Worldpay from FIS and private equity firm GTCR for $24.25 billion in a three-way deal, sharpening its focus on merchant services in its race for big-business clients in a crowded payments market.
Stargate, a $500 billion U.S. data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday.
Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan’s Hitachi in 2018.