Page 37 - Mostread Technology News Today

ITM Power announced the award of a contract for the procurement of long lead-time materials and components for a particular project, it announced on Monday.

Advanced materials firm Haydale reported a significant milestone on Thursday, with the completion of stages one and two of a three-stage low-power hot water project in collaboration with Cadent Gas.

The US Federal Trade Commission (FTC) has launched an investigation into artificial intelligence (AI) company OpenAI over allegations of violating consumer protection laws and jeopardising personal reputations and data, it was reported on Thursday.

Telecom and utility geospatial software specialist IQGeo announced the signing of significant new contracts with a tier-1 US telecom provider and one of Germany's top broadband operators on Tuesday.

Microsoft initiated fresh job cuts at the start of its 2024 fiscal year in addition to the 10,000 redundacies already announced on 18 January.

Electrolyser specialist ITM Power is expanding its presence in Germany, it announced on Monday, with the establishment of ITM Power Germany.

Equity strategists at J.P. Morgan sounded a cautious note on the outlook for stocks, arguing that they were no longer priced for disappointment - even when excluded Technology/Artificial Intelligence out of the equation.

Technology consultancy Next 15 Group said in an update on Thursday that its trading remained robust despite a challenging comparative period.

Oesophageal monitoring specialist Deltex Medical Group reported unaudited first-half revenues of £1.1m on Thursday - slightly lower than the £1.2m generated in the same period last year.

Cerillion announced on Thursday that Suriname's leading telecommunications provider, Telesur, had now implemented its billing, charging, and customer relationship management software solutions for its mobile services.