08:08 AM EDT, 09/04/2024 (MT Newswires) -- OpenAI Chief Executive Sam Altman's plans to build infrastructure for artificial intelligence, including machinery and systems, will begin in the US with an expected tens of billions of dollars investment, Bloomberg reported Tuesday, citing a person familiar with the matter. Altman's initiative aims to attract global investors to fund the building of data...

HOUSTON, Sept 4 (Reuters) - Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in Exxon Mobil Corp's ( XOM ) proposed low-carbon hydrogen project in Texas, with the companies announcing a one-year start-up delay until 2029. ADNOC's investment shows a sign of confidence in a multi-billion dollar project that Exxon has threatened to cancel if the...

DUBAI, Sept 4 (Reuters) - Abu Dhabi state oil giant ADNOC will acquire a 35% stake in a planned Exxon Mobil ( XOM ) large-scale hydrogen plant in Texas, the companies said on Wednesday. The production facility aims to produce up to 1 billion cubic feet per day of low-carbon hydrogen, with around 98% of carbon dioxide removed, they said...

08:05 AM EDT, 09/04/2024 (MT Newswires) -- Quarterhill ( QTRHF ) on Wednesday said it has been awarded a contract to supply multiple AI Video Automatic Traffic Recorders (ATR) for Minnesota DOT (MnDOT). Quarterhill's ( QTRHF ) iTHEIA unit watches over three lanes of traffic. It operates on a computing platform that does not require internet connectivity, but can be...