Month : April 2026

Markets

Allbirds drops sneakers, reinvents itself as an AI infrastructure company

Stewart Kerr
Allbirds on Wednesday announced that the company will pivot from making sneakers to providing computing infrastructure for artificial intelligence (AI). The San Francisco-based company said it will execute a $50 million convertible financing agreement with an institutional investor to begin acquiring graphics processing units (GPUs), which can be used to......
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AI Studios Disrupts Enterprise Localization with All-in-One 150-Language AI Dubbing Suite

Binarynewsnetwork
Palo Alto, CA, April 15th, 2026- As multi-national corporations face the dual pressure of rapid content cycles and tightening localization budgets, AI Studios has launched an enterprise-grade AI Dubbing and Video Translation solution that fundamentally alters the global media landscape. By supporting over 150 languages, the platform effectively eliminates the......
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Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026

Binarynewsnetwork
Sharjah, UAE, 14th April 2026, Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025. Income from investments in Islamic......
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ATxSG Renews Strategic Partnership With IMDA to Accelerate Asia’s Digital Future Over the Next Three Years

Binarynewsnetwork
Singapore, 14th April 2026, ZEX PR WIRE — Informa Festivals today announced a renewed three-year partnership with the Infocomm Media Development Authority (IMDA) to co-organise Asia Tech x Singapore (ATxSG), underscoring Informa’s commitment to elevating the region’s flagship technology festival on the global stage. As part of the renewed partnership, ATxSG will return from 20-22......