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US power, tech companies lament snags in meeting AI energy needs

US power, tech companies lament snags in meeting AI energy needs

U.S. electrical systems are not expanding fast enough to meet rapidly growing power needs of technology like Generative AI, prompting data center businesses to sometimes bypass utilities, executives said at an energy conference this week.
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South Korea's LG Electronics raises $800 million dollar bond, term sheet shows

South Korea's LG Electronics raises $800 million dollar bond, term sheet shows

South Korea’s LG Electronics has raised $800 million through a dollar bond deal, according to a term sheet reviewed by Reuters. 
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Apple plans to invest more than $250 million to expand Singapore campus

Apple plans to invest more than $250 million to expand Singapore campus

Apple Inc plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement dated April 17. 
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Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss

Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss

Finnish telecom gear maker Nokia reported a smaller-than-expected rise in quarterly profit on Thursday as sluggish demand for 5G gear in key markets North America and India continued to weigh on sales.
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