IBM has unveiled plans to allocate $150 billion towards advancing technological innovation and economic growth in the US over the next half-decade. This ambitious initiative includes a commitment exceeding $30 billion dedicated specifically to research and development, with a particular emphasis on sustaining the domestic production of mainframe and quantum computing systems. The company’s long-standing …
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A new economic partnership between the United States and Ukraine has been formalized through a minerals and rare earth agreement that will fund Ukraine’s reconstruction and help offset billions in US war aid. The pact lays the groundwork for a US-Ukraine Reconstruction Investment Fund, designed to support post-war rebuilding and future development. Under the deal, …
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This marks the second bulk order for the FX Super One MPV (Multi-purpose vehicle) in a one-week span and signifies the strong market demand and momentum for the FX brand and its lineup of new vehicles. A total number of 1,300 units through non-binding pre-orders marks the continuous breakthroughs of B2B co-creation ecosystem model. Non-binding …
HOUSTON–(BUSINESS WIRE)–Solaris Energy Infrastructure, Inc. (NYSE:SEI) (“Solaris” or the “Company”), today announced significant continued momentum within its business, along with first quarter 2025 financial and operational results. First Quarter 2025 Summary Results Revenue – Revenue of $126 million increased 31% sequentially from the fourth quarter 2024 due to activity growth within Solaris Power Solutions and …
CIOCoverage is an official Media Partner with Identiverse 2025 starting from June 3rd 2025. For 16 years, Identiverse® has provided the keystone platform for digital identity industry leaders and professionals to discuss and develop new and emerging ideas, to establish and share best practice, to showcase innovative solutions, and to advance the state of the …
CIOCoverage is an official Media Partner with Broadband Communities Summit 2025 starting from June 23rd 2025. Broadband Communities Summit is the leading event for community leaders, property owners, network infrastructure builders and telco service providers to meet and discuss strategies for delivering connectivity for communities all over the US. The Summit focuses on how to …
The US Space Force has selected three major aerospace companies—SpaceX, United Launch Alliance (ULA), and Blue Origin—to carry out a series of satellite launches valued at a total of $13.5 billion through 2029. These contracts fall under the National Security Space Launch (NSSL) program’s third phase, with approximately 54 missions scheduled to be assigned through …
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While global markets reeled from a dramatic downturn sparked by sweeping US tariffs, Warren Buffett’s investment approach once again proved resilient. As over $5 trillion was wiped out from global equities following former President Donald Trump’s tariff announcement targeting 184 nations, Buffett’s fortune surged—adding approximately $13 billion to his net worth. Despite the carnage, Buffett’s …
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The Department of Government Efficiency (DOGE), overseen by Elon Musk, is advancing a plan to introduce a high-value immigration visa program dubbed the “Gold Card.” Valued at $5 million per visa, the initiative represents a shift in DOGE’s strategy—from reducing government expenditure to creating new revenue channels. This new visa category is designed for affluent …
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CIOCoverage is an official Media Partner with IoT Tech Expo North America 2025 starting from June 4th 2025. Secure your spot at the forefront of IoT innovation by booking your conference and expo ticket for IoT Tech Expo North America. Uncover the latest advancements across diverse sectors such as Manufacturing, Transport, Health, Logistics, Government, Energy, …
