(Reuters) - French electrical equipment maker Schneider Electric is working with Nvidia ( NVDA ) to develop designs for data center cooling systems for use in new artificial intelligence data centers, it said on Wednesday. Schneider's designs will be used in data centres that use Nvidia's ( NVDA ) flagship server containing 72 of its most powerful AI chips, which...

NEW YORK (Reuters) - Buyout firm TPG is weighing a potential sale of Crunch Fitness that could value the gym chain at more than $1.5 billion, including debt, people familiar with the matter told Reuters on Tuesday. TPG, which acquired Crunch Fitness through its buyout arm that focuses on small and mid-sized acquisitions, is working with investment bank Jefferies on...

CHICAGO (Reuters) -Global commodities trader Cargill began laying off employees across its vast operations on Tuesday in a drive to slash headcount by 5%, sending U.S. workers from supply chain, inventory control and other roles to look for new jobs. Cargill, a major grain merchant and U.S. beef processor, is facing a downturn in returns in cattle, grains and oilseeds...

11:07 AM EST, 12/04/2024 (MT Newswires) -- (Adds analyst comment.) Sandstorm Gold (SSL.TO, SAND) on Wednesday detailed exploration advancements on certain assets from its stream and royalty portfolio. The company noted additional high-grade intercepts at Lundin Gold's ( LUGDF ) Fruta del Norte gold mine in Ecuador, where it holds a 0.9% net smelter royalty (NSR) on the precious metals...