Next week, investors are expected to witness one of the most significant public market events of the decade. SpaceX is reportedly set to price its initial public offering on 11 June before beginning trading as early as 12 June. According to its latest SEC filing, the company plans to sell approximately 555.6 million shares at a fixed price of US$135 per share, raising aroun...

Wolfspeed (NYSE: WOLF) has launched a dedicated data centre solutions business and established a regional office in the San Francisco Bay Area as the company seeks to expand its presence in the growing market for AI and high-performance computing infrastructure. The US-based silicon carbide technology company said the new team will work closely with hyperscale cloud provide...

Duos Technologies Group has received about US$50.4 million from the sale of substantially all assets of New APR Energy. Duos, a Nasdaq-listed provider of modular colocation edge and AI data centres and technology infrastructure, owns a 5% non-voting interest in Sawgrass APR Holdings, the ultimate parent company of New APR. The assets were sold to a third party on 26 May ...