Houston, September 1, 2026 — The next bottleneck in artificial intelligence may not be chips. It may be heat. That is the thesis behind SLB’s $4.1 billion acquisition of Kelvion, a global provider of thermal management and heat-exchange technologies. The oilfield-services giant has agreed to acquire Kelvion for approximately $3.4 billion in cash and assume … Read more
Global energy technology leader Schneider Electric has announced a strategic partnership with Hon Hai Technology Group (Foxconn) to develop and scale the next generation of AI data centers, addressing the rapidly growing infrastructure demands driven by artificial intelligence adoption worldwide. The collaboration brings together Foxconn’s expertise in advanced computing platforms, AI server integration, and global … Read more
Siemens AG and Capgemini have announced an expansion of their long-standing strategic partnership to co-develop AI-native digital solutions designed to revolutionize product engineering, manufacturing, and operations. Unlike traditional tools that integrate AI as an add-on, these new solutions will embed artificial intelligence at their core from inception — driving measurable impact across efficiency, sustainability, quality, … Read more
