Global Shop Solutions has introduced two new AI features for its manufacturing ERP software. The tools automate accounts payable invoice processing and sales order entry, aiming to eliminate manual data entry errors and free up staff for more strategic work.
New research reveals the Middle East energy sector is significantly ahead of global counterparts in autonomous operations maturity. Nearly half of regional organizations aim to reach full Level 5 autonomy within five years, driven primarily by cost efficiency concerns rather than safety priorities.
Berlin-based Reflex Aerospace just raised the largest Series A round ever for a European NewSpace company. The funding will accelerate their plans to deploy satellite constellations for military intelligence by 2027.
Axon’s stock dropped 17% after reporting disappointing Q3 earnings. The company missed analyst expectations with adjusted earnings of $1.17 per share versus $1.52 forecast. Tariff impacts squeezed gross margins despite strong revenue growth across business segments.
JP Morgan Chase is deploying $1.5 trillion over 10 years to strengthen critical industries. The Security and Resiliency Initiative includes direct investments in defense, AI, supply chains and energy. This comes as the US races to counter China’s global economic influence.
General Motors is pushing for real scale in domestic supply chains, moving beyond announcements to actual production. The company has invested over $60 billion since 2020 and employs nearly 90,000 U.S. workers. But scaling faces major hurdles in financing, permitting, and workforce development.
Carrier Global has launched a new range of cooling distribution units for liquid cooling in data centers. The CDUs range from 1.3-5MW and feature modular heat exchangers with approach temperatures as low as 3.6°F.
U.S. Steel has detailed its massive $11 billion investment plan through 2028 under new owner Nippon Steel. The modernization effort aims to unlock $3 billion in savings while protecting over 100,000 jobs nationwide. The announcement comes just five months after Nippon Steel’s $15 billion acquisition
China is reportedly providing massive electricity subsidies to data centers using domestic AI chips from Huawei and Cambricon. These chips are significantly less power efficient than NVIDIA’s alternatives, creating huge energy costs that the government is now covering. The subsidies appear designed
Researchers have created molecules that can actively control light energy amplification through mechanical pressure. This breakthrough in singlet fission technology could lead to highly efficient energy devices and advanced medical treatments. The flexible molecular design responds differently to pr
