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NXT ASX: NextDC goes high-performance with $1 3b capital raise for new data centres

Chief executive Craig Scroggie said there was so much demand for processing amid an AI boom that the company had brought forward investment plans.

New zealandRobin khudaPaul masonMacquarie asset managementAustralian financial reviewStreet talkRoss barrows

APX ASX: Armughan Ahmad s Appen plunges 30pc as losses widen

Data services business Appen has warned its core business is under pressure as it shifts its focus to generative AI.

Armughan ahmadAustralian financialRoss barrows

Heaviest defeat so far for Workington Reds – cumbriacrack com

Heaviest defeat so far for Workington Reds – cumbriacrack com
cumbriacrack.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cumbriacrack.com Daily Mail and Mail on Sunday newspapers.

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The ASX stocks that could ride the AI boom like Nvidia

AI has lit a fire underneath tech stocks, but investors are split over whether the innovation will transform business models or end up a fad like blockchain or 3D printing.

Bevan slatteryTemple websterClayton larcombeCraig scroggieTobias yaoRoss barrowsMachine learning

ASX TNE: TechnologyOne shares hit record high, market capitalisation surpasses $5b

Enterprise software company TechnologyOne’s market capitalisation has surpassed $5 billion for the first time, following strong subscriber growth.

New south walesUnited kingdomCity ofTechnologyone saaRed chungLondon business schoolWilsons equity research ross barrowsEquity researchRoss barrowsLondon business

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