Hive Digital accelerates European AI expansion by converting existing Swedish Bitcoin mining facility to GPU data center. The strategic pivot highlights growing competition for AI infrastructure but faces significant execution hurdles.
Scania has inaugurated its first fully-owned manufacturing facility in China, representing a €2 billion investment. The new plant in Jiangsu province will produce advanced “Super” trucks for customers across Asia, significantly reducing delivery times compared to European exports.
Swedish truck manufacturer Scania, owned by Volkswagen Group, has launched its first fully-owned production facility in China, according to reports from Reuters. The new manufacturing hub, located in Rugao within Jiangsu province, represents what company executives describe as a strategic hedge against global trade uncertainty while positioning the company for stronger presence across Asian markets.
Spotify Launches Managed Accounts to Safeguard Parental Music Profiles Spotify is addressing a common frustration for parent users by introducing…
