By Atul Roy
Recent market turmoil in utility stocks, situated near major data centre hubs has sparked debate about the future of AI-supporting infrastructure. While this market reaction initially suggested scepticism about AI's power demand, a deeper analysis reveals a more complex transformation — not a reduction in power demand, but a fundamental shift in how and where that power will be consumed and, consequently, where it is generated.
Empire Metals Ltd (AIM:EEE) progress toward mine development at its Pitfield titanium project, in Western Australia, continues to gather great momentum.
The small-cap firm today reported significant progress on the proposed mine’s process flowsheet and metallurgical test work.
ImmuPharma PLC (AIM:IMM), a specialist in drug discovery, has secured £2.91 million in new funding through an oversubscribed placing and a subscription deal with investor Lanstead Capital.
The money will support further development of its P140 autoimmune technology, as well as ongoing discussions with large pharmaceutical companies about potential licensing deals.