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Home > Latest

Sinnet: No business cooperation with Aisteria Global Inc.

date
05/11/2026
Sinnet stated on the interactive platform on November 5 that the company has not engaged in any cooperative business with Aisteria Global Inc.
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3 m ago
According to the Financial Times, Nscale, Britain's most valuable AI startup, failed to reach a potential new multi-billion-dollar agreement with Microsoft, casting fresh doubt on its plan to achieve a $35 billion listing target. According to three people familiar with the matter, Microsoft declined to more than double the scale of an existing data center compute leasing contract, with the relevant facilities located in Texas, United States. This means Nscale must find new customers for the data center or risk losing billions of dollars in future revenue. Currently, discontent triggered by AI data center construction across the United States has become one of the reasons voters refused to support Republican incumbent candidates in Tuesday's midterm elections. In some states, including Texas, incoming Democratic governors are calling for an immediate moratorium on data center development projects.
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According to the Financial Times: Microsoft (MSFT.O) declined to reach a multi-billion-dollar AI deal with the emerging UK cloud service provider Nscale.
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Toyota Motor reported on Thursday that it achieved its first profit increase in six quarters, as a weaker yen and strong demand for hybrid vehicles offset sales declines in some regional markets. Toyota's operating profit for the July-to-September quarter rose 34% year on year to 1.13 trillion yen (about $7.1 billion), exceeding the median market forecast of 992 billion yen.
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