Will IREN’s $9.3B Funding Cover Its 150K GPU Expansion Costs?

IREN Limited IREN has secured about $9.3 billion worth of funding over the past eight months through customer prepayments, convertible notes, graphics processing units (GPU) leasing and financing. The company aims to use this capital to fund GPU purchases and data center build-out linked to its customer contracts. The company plans to spend about $3.5 […]

What Those Gaps Along Highway Bridges Are Really Designed To Do

Those gaps on highway bridges are more than just jarring moments that make your car go ka-thud (and can exacerbate the symptoms of wonky suspension), they are crucial to maintaining the structural integrity of the bridge. So how does purposefully putting bone-rattling gaps in a road actually improve infrastructures reliability while providing an additional thrill […]

Mubadala and Aldar launch Dhs60bn joint venture to expand Al Maryah Island

In this interview with Gulf Business, Jameel Motors chief commercial officer – Mobility – Youssef Hussein details the strategic launch of Farizon’s electric commercial vehicle lineup in the UAE, a move directly aligned with the nation’s ambitious ‘Net Zero by 2050’ policy. He explains how Jameel Motors is creating an integrated ecosystem of service, financing, […]