Business

Siemens to sell electrical motors business to KPS

German industrial giant Siemens said Thursday it will sell its electrical motors business Innomotics to private US equity firm KPS Capital Partners for 3.5 billion euros ($3.8 billion).

Energy & Green Tech

Microsoft makes renewable energy deal with Canada's Brookfield

Microsoft and Canada's Brookfield Asset Management have struck an agreement for the development of renewable energy that could make one of the biggest corporate purchases of green energy to date, the companies said on Tuesday.

Hardware

Amazon bets $150 billion on data centers required for AI boom

Amazon.com Inc. plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected explosion in demand for artificial intelligence applications ...

page 1 from 16