Fermi, co-founded by former U.S. energy secretary Rick Perry, has raised $682.5 million in a U.S. IPO, reflecting strong demand for AI-driven data infrastructure. The Texas-based company, valued at $12.46 billion, is building a massive energy and data campus set to supply 11 GW of power by 2038.
PredictAP has secured an additional $5 million in funding, rounding off a year of significant growth and expansion. The company now serves over 100 clients, processes more than 4 million invoices annually, and continues to enhance its AI-driven accounts payable automation technology for the real estate sector.
IHG Hotels & Resorts has announced the U.S. launch of Ruby Hotels, its 20th global brand, bringing its successful European “urban micro” concept to major city markets with a focus on stylish, compact design and efficient development opportunities.
Sempra has announced the $10 billion sale of a 45% stake in Sempra Infrastructure Partners to a KKR-led consortium and reached a final investment decision for Port Arthur LNG Phase 2, moves that bolster its transition towards a U.S. utility-focused growth strategy.
Beale Infrastructure has unveiled a revised $3.6 billion data centre design in Pima County that eliminates industrial water use and highlights its commitment to sustainable development.
Suffolk has commenced work on Miami-Dade County’s new $210 million Integrated Command & Communications Centre in Florida, a state-of-the-art emergency hub set to enhance regional safety and resilience.
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