IndustrySeagate CEO says capacity expansion isn't feasible now, sparking sell-off in memory stocksSeagate CEO Dave Mosley told a JPMorgan conference that expanding manufacturing capacity quickly is not viable, saying new plants or production lines take too long and would slow technological progress.2 min read
IndustryRising energy costs threaten Europe’s bid to lead in AISoaring electricity prices across Europe are undermining the continent’s plans to scale up data-centre capacity and compete with the United States and China in artificial intelligence.4 min read
IndustryUK launches Project NYX to develop loyal-wingman drones for Apache helicoptersThe UK Ministry of Defence has launched Project NYX, a £10 million programme to develop autonomous "loyal wingman" drones to operate alongside AH-64E Apache helicopters.2 min read
IndustryRapid AI Data‑Center Buildout Could Double Electricity Use by 2030, IEA WarnsThe International Energy Agency says fast growth in AI-focused data centers could raise global data‑center electricity use from 485 TWh in 2025 to about 950 TWh by 2030, roughly 3% of world power demand.3 min read
IndustryHow data and energy can become competitive assets: AI in Energy conference on May 27, 2026On May 27, 2026, Portfolio's AI in Energy conference at the Marriott Hotel Budapest will examine how data and artificial intelligence can be turned into concrete business resources for the energy sector.2 min read
IndustryFigure’s humanoid robots sustain multiday shifts, sorting over 80,000 packagesFigure streamed a continuous stress test of its Figure 03 humanoid robot fleet, which has operated beyond 64 hours (and later past 100 hours), sorting more than 80,000 packages at an average cadence of 2.9 seconds per item (about 1,240–1,250 packages per hour).2 min read
IndustryOpenClaw billing reveals $1.3M monthly run-rate for 100 agentsPeter Steinberger’s OpenClaw team published a billing example showing roughly $1.3 million spent in 30 days for about 100 Codex agents — roughly $13,000 per agent per month.2 min read
IndustryOpenAI pilots countrywide ChatGPT Plus rollout in MaltaOpenAI has introduced a nationwide ChatGPT Plus program in Malta that pairs an AI literacy course with one free year of ChatGPT Plus for participants.2 min read
IndustryAI is reshaping UK mortgage lending but challenges remainArtificial intelligence is increasingly used across the UK mortgage market, from automating document processing to suggesting loan options and enabling faster transactions.4 min read
IndustryWhich AI Use Cases Deliver Quick Gains for SMEs — and Why Company Size MattersCompany size strongly shapes how firms approach AI: smaller businesses tend to adopt off-the-shelf tools for quick wins, while larger companies build controlled, often closed systems that prioritize risk management, data protection and explainability.3 min read
IndustryFinancial IT 2026 conference to examine AI, fintech and cybersecurity trends in bankingThe Financial IT 2026 conference will be held on May 28 at the Marriott Hotel Budapest, focusing on artificial intelligence, fintech competition, digital transformation and cybersecurity in the banking sector.4 min read
IndustryIndustrial and Chip Stocks Moving Together as AI Builds Drive, Raising Market-Risk ConcernsAI-related data-center construction is increasingly aligning the performance of traditional industrial firms with semiconductor makers, pushing correlations to multi-decade highs and concentrating market risk.3 min read
