OIA-backed Crusoe to pilot nuclear-powered US data centre Business

OIA-backed Crusoe to pilot nuclear-powered US data centre

MUSCAT: Crusoe, the US artificial intelligence infrastructure company in which Oman Investment Authority (OIA) retains a stake, plans to pair a modular data centre with an advanced nuclear reactor at Idaho National Laboratory in 2027 under a proof-of-concept project with Austin-based Aalo Atomics. Aalo will initially supply power to a Crusoe Spark modular data centre […]

Global stocks climb as US jobs data cools Fed hike fears Business

Global stocks climb as US jobs data cools Fed hike fears

Global ​stocks extended gains on Friday after a lukewarm US jobs report softened expectations for an imminent rate hike from the Federal Reserve and regional activity gauges pointed to an economic expansion during June. Europe’s broadest index hit a record high and was set for its biggest weekly gain in over a month. The pan-European […]

Asian shares fall as chipmakers drag; US jobs data looms Business

Asian shares fall as chipmakers drag; US jobs data looms

Asian shares skidded on Thursday as investors rotated out of chipmakers following a stellar quarter, while currency and bond markets braced for U.S. jobs data that could gives hints about the risk of interest rate hikes. Oil prices hit new four-month lows, with Brent crude off 0.8% to $71 a barrel, as U.S. President Donald […]

NCSI to launch data management app ‘Artaj’ National

NCSI to launch data management app ‘Artaj’

MUSCAT: The National Centre for Statistics and Information (NCSI) will launch an interactive data management application codenamed ‘Artaj’ (great gates), which serves as a coordination portal for the State’s Administrative Apparatus or a central data repository project. The inaugural ceremony will be held in Muscat on Wednesday this week (June 24, 2026). The initiative is […]

Canada’s AI strategy must reckon with the environmental implications of data centres International

Canada’s AI strategy must reckon with the environmental implications of data centres

When Sturgeon Lake Cree Nation went to court recently to challenge Alberta’s handling of the proposed Wonder Valley AI Data Centre Park project, the dispute underscored a question that is increasingly difficult to ignore: What does Canada’s artificial intelligence future require from land, water and energy systems? Wonder Valley, which would be located south of […]