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Bloomberg7d agoneutral
AI’s Volatile Power Demand Is Damaging Its Own Data Centers

(Bloomberg) -- Artificial intelligence’s tremendous hunger for electricity is already well known. What’s less familiar is how the rapid fluctuations in data centers’ appetites can break essential equipment at the facilities.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOMicrosoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowSpaceX’s $101 Bi

Bloomberg11d agoneutral
AI Isn’t a Catch-All Trade for Stocks in This Earnings Season

(Bloomberg) -- Equity investors are learning a harsh lesson this corporate earnings season: Not all artificial intelligence trades are created equal.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesMoonshot’s Kimi Uses 20,000 Nvidia Chip Cluster From AlibabaTrump Orders Iran Attack as Soon as This Weekend, WSJ SaysAnthropic AI Models Hacked Three Organizations During TestsVitol, Cargill Cut Ties With Radiant World Amid Fake Invoice ConcernsWhile profits at

Bloomberg55d agoneutral
Traders’ Latest AI-Related Play Is a Struggling Car Parts Stock

(Bloomberg) -- Investors looking for the stock market’s next artificial intelligence winner have honed in on embattled French car parts maker Valeo SE.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealUS and Iran Delay Nuclear Talks as Lebanon Clashes WorsenUS Tells ASML It’s Concerned China May Have Top Chip ToolShares in Valeo, which makes engin

Schneider Electric Sponsor Spotlight
Bloomberg68d agoneutralVIDEO
Schneider Electric Sponsor Spotlight

Elizabeth Hackenson, Chief Information Officer at Schneider Electric speaks with Bloomberg's Sofia Economopoulos about sustainability and digital infrastructure at Bloomberg Tech 2026 in San Francisco.

SoftBank to build up AI data centres in France with major investment
Reuters74d agoneutral
SoftBank to build up AI data centres in France with major investment

Japan's SoftBank Group will invest €45 billion over the next five years in a push to ‌build up artificial intelligence infrastructure in France, the company ‌announced on Saturday. SoftBank said the investment, described as the biggest of its kind ​so far in Europe, would be made in the northern Hauts-de-France region and deliver 3.1 GW of capacity. The investment plans are due to be formally announced on Monday at the annual Choose France ‌business conference.

Schneider Electric sees India data center business outpacing core growth on AI boom
Reuters80d agoneutral
Schneider Electric sees India data center business outpacing core growth on AI boom

Schneider Electric expects its India data center business to outpace broader operations in the country over the ‌next four to five years, driven by surging demand for AI-ready infrastructure, ‌according to a senior executive. Data centers currently account for 15% to 20% of Schneider Electric's India ​business and are growing at a double-digit pace, with the company expecting the segment to become a much larger share, Sumati Sahgal, vice-president for Secure Power and Data Centres, Greater India Zone, told Reuters in an interview on Friday.

Regal Rexnord (RRX) Q1 2026 Earnings Transcript
Motley Fool92d agoneutral
Regal Rexnord (RRX) Q1 2026 Earnings Transcript

Before we get into first quarter performance, I would like to invite our Chairman, Rakesh Sachdev to spend a few minutes discussing our CEO succession. Rakesh Sachdev: Thank you, Louis, and good morning, everyone. As you likely saw, we announced on April 22 that Aamir Paul will succeed Louis as Regal Rexnord's sixth CEO.

Schneider Electric to launch Southeast Asia training hub in Malaysia
Reuters98d agoneutral
Schneider Electric to launch Southeast Asia training hub in Malaysia

French energy technology firm Schneider Electric plans to open a Southeast Asian training centre in ‌Malaysia this year, a senior executive said on Wednesday, as ‌a boom in artificial intelligence infrastructure drives up power demand in the region. Southeast Asia's ​data centre capacity is expected to grow threefold by 2030, according to analysts, with Malaysia emerging as a major hotspot, attracting investments from tech giants such as Microsoft, Amazon and Alphabet's Google in recent years.