latest news in companies

Solar Manufacturer Tandem PV Secures 1 Billion Dollars in Orders as Next Generation Panels Hit Market

Solar Manufacturer Tandem PV Secures 1 Billion Dollars in Orders as Next Generation Panels Hit Market

Santa Clara, Thursday, 13 August 2026.
Tandem PV has secured nearly $1 billion in preliminary orders for its highly efficient perovskite-silicon solar panels, which are scheduled to begin commercial sales later in 2026.

Soaring Demand Triples Compute Rental Prices for Cloud Provider Nebius

Soaring Demand Triples Compute Rental Prices for Cloud Provider Nebius

New York, Thursday, 13 August 2026.
Surging artificial intelligence demand drove Nebius Group’s second-quarter revenue up 454% to $582 million as computer chip rental prices tripled amid severe hardware supply shortages.

Kidz AI Cuts Quarter Losses by 35% While Spending Big on Tech Infrastructure

Kidz AI Cuts Quarter Losses by 35% While Spending Big on Tech Infrastructure

New York, Thursday, 13 August 2026.
Kidz AI reduced its second-quarter net loss to $2.50 million while slashing debt by 92%, successfully reallocating resources from traditional tutoring to build out high-performance computing infrastructure.

Arrive AI Hires Wall Street Veteran as Financial Chief Amid Mounting Debt

Arrive AI Hires Wall Street Veteran as Financial Chief Amid Mounting Debt

Indianapolis, Thursday, 13 August 2026.
Arrive AI appointed former Wall Street executive Piyush Phadke as chief financial officer as falling stock prices triggered mandatory monthly debt payments totaling $962,500.

Ondas Reports Surge in Quarterly Revenue Driven by Expanding Defense Contracts

Ondas Reports Surge in Quarterly Revenue Driven by Expanding Defense Contracts

Waltham, Thursday, 13 August 2026.
Ondas achieved a 13-fold year-over-year revenue surge to $83.8 million in the second quarter of 2026, prompting the company to raise its full-year financial outlook.

Energy Developer Fermi Secures $6.5 Billion Customer Deal for AI Power Campus

Energy Developer Fermi Secures $6.5 Billion Customer Deal for AI Power Campus

New York, Thursday, 13 August 2026.
Fermi Inc. secured its first anchor customer in a $6.5 billion, 15-year lease while raising over $431 million to construct a massive artificial intelligence energy grid in Texas.

Disney+ Secures Rights to Gary Neville's Podcast Brand The Overlap

Disney+ Secures Rights to Gary Neville's Podcast Brand The Overlap

London, Thursday, 13 August 2026.
Disney+ has signed a deal with Gary Neville’s digital media network, acquiring rights to popular sports podcasts to expand unscripted programming and counter Netflix’s growing presence in football content.

Dell Expands Enterprise Storage Reach Across North America

Dell Expands Enterprise Storage Reach Across North America

Round Rock, Thursday, 13 August 2026.
Dell Technologies authorized D&H Distributing to handle its complete enterprise storage portfolio across North America, positioning the tech titan to capture accelerating infrastructure demand and potential stock upside.

European Tour Prepares to Reinstate Fines for Golfers Joining Saudi Circuit

European Tour Prepares to Reinstate Fines for Golfers Joining Saudi Circuit

London, Thursday, 13 August 2026.
The DP World Tour has notified LIV Golf players that conditional releases will expire after 2026, threatening fines, suspensions, and Ryder Cup eligibility for those recommitting in 2027.

Elon Musk's xAI Launches Autonomous Digital Coworkers That Run Around the Clock

Elon Musk's xAI Launches Autonomous Digital Coworkers That Run Around the Clock

Palo Alto, Thursday, 13 August 2026.
xAI has launched Grok Bot, introducing persistent AI agents capable of operating cloud computers 24/7 to autonomously execute complex workplace tasks without human supervision.