Connect with us

Technology

Oracle, BorderPlex, and Bloom Energy to Power Project Jupiter with Cleaner, Water-Efficient Fuel Cell Technology

Published

on

AI data center campus in Doña Ana County will preserve electricity rates for residents, dramatically reduce water use, and protect local air quality

AUSTIN, Texas, April 27, 2026 /PRNewswire/ — Oracle and BorderPlex Digital Assets today announced Project Jupiter will utilize Bloom Energy fuel cells to fully power the AI data center campus in Doña Ana County, New Mexico. As part of Oracle and Bloom’s previously announced expanded partnership, the data center will be supported by up to 2.45 GW of installed Bloom fuel cell capacity. This updated power design will replace Project Jupiter’s previously planned gas turbines and diesel generators and consolidate the facility into one single microgrid campus.

Fuel cells generate electricity without combustion, meaning the Bloom microgrid is highly efficient with low emissions and water use. Compared to its previously planned gas turbines, Project Jupiter with the Bloom microgrid will reduce NOₓ emissions by approximately 92% and will use a negligible amount of water.

“We are excited to move forward with this updated energy solution, which reflects our commitment to both the latest innovation and community priorities as we advance the next generation of AI infrastructure,” said Mahesh Thiagarajan, executive vice president, Oracle Cloud Infrastructure. “Bloom’s fuel cell technology enables us to deliver highly reliable on-site power with a lower environmental footprint—supporting the project’s performance needs while contributing to stronger environmental outcomes.”

For BorderPlex, the announcement marks an important milestone in a vision that began with a simple conviction: that industrial land in the southern New Mexico desert could become a national platform for advanced computing, cleaner energy, and long-term economic growth. BorderPlex will continue supporting Project Jupiter’s success in New Mexico while advancing additional growth infrastructure opportunities and other clean-energy initiatives in the state and beyond, including solar, storage and geothermal opportunities. BorderPlex and Oracle will continue working together on future initiatives that expand access to the infrastructure needed to support these priorities.

“Project Jupiter started with a belief that Doña Ana County could become a Tier 1 industrial engine for New Mexico,” said Lanham Napier, chairman, BorderPlex Digital Assets. “We said we could help bring cleaner energy, stronger infrastructure, more jobs and new investment to southern New Mexico, and that vision is becoming reality. With this announcement, Project Jupiter is becoming a platform for better jobs, stronger infrastructure, and generational opportunity in a region with the talent, work ethic, and ambition to help lead New Mexico’s next chapter of growth.”

“Bloom has rapidly become the platform of choice for powering AI data centers responsibly,” said Aman Joshi, chief commercial officer, Bloom Energy. “Bloom’s fuel cell technology will power what is expected to be one of the largest data center microgrids operating in the United States at the time of completion. Our energy solution not only dramatically reduces water use, it is also cleaner, quieter, and helps protect electricity rates for local residents. This is a model that can be replicated across America—it is digital power for the digital age.”

Oracle will continue to bear all energy costs for Project Jupiter, ensuring the initiative has no impact on residents’ electricity rates or grid stability. Together with the data center’s closed-loop, non-evaporative cooling systems designed to minimize day-to-day water use, the fuel cell solution addresses community priorities around air quality and water stewardship. 

Project Jupiter has also committed $50 million to help repair, upgrade, and improve local water systems; $360 million in direct support for schools, infrastructure, and local services; and $6.9 million to fund workforce development, the Boys and Girls Club of Las Cruces, clean drinking water, the community college, and habitat restoration.

Construction continues to move forward on schedule. Over the life of the project, Oracle expects Project Jupiter to create 4,000 construction jobs and support 1,500 ongoing positions on-site and in the surrounding community, prioritizing local hiring, opportunities for New Mexico’s skilled trades and union workforce, local suppliers, local contractors, and workforce partnerships that help New Mexicans access these opportunities.

Additional Resources

Read more about Project Jupiter’s approach to waterLearn about fuel cell technologyRead more about Oracle’s data center projects

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

About Bloom Energy
Bloom Energy empowers enterprises to meet soaring energy demands and responsibly take charge of their power needs. The company’s solid oxide fuel cell systems provide ultra-resilient, highly scalable onsite electricity for Fortune 500 customers around the world, including data centers, semiconductor manufacturing, large utilities, and other commercial and industrial sectors as well as mission-critical organizations in local communities, such as hospitals, college campuses and retailers. Headquartered in Silicon Valley, Bloom Energy employs more than 2,000 people worldwide and manufactures its systems in the United States. For more information, visit BloomEnergy.com.

About BorderPlex Digital Assets
BorderPlex Digital Assets is pioneering the development of Growth Infrastructure Campuses, combining land, power, industrial cooling, fiber, and compute in a single location. This unified platform is purpose-built to support innovation from data centers, advanced manufacturing, and logistics. The company’s flagship campus in Santa Teresa, New Mexico, represents a new model for growth infrastructure – powering economic development and addressing critical resource challenges for the community.

Trademarks
Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

Forward-Looking Statements Disclaimer
Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Many factors could affect Oracle’s current expectations and actual results, and could cause actual results to differ materially. A discussion of such factors and other risks that affect Oracle’s business is contained in Oracle’s Securities and Exchange Commission (SEC) filings, including Oracle’s most recent reports on Form 10-K and Form 10-Q under the heading “Risk Factors.” These filings are available on the SEC’s website or on Oracle’s website at http://www.oracle.com/investor. All information in this article is current as of April 27, 2026 and Oracle undertakes no duty to update any statement in light of new information or future events.

View original content to download multimedia:https://www.prnewswire.com/news-releases/oracle-borderplex-and-bloom-energy-to-power-project-jupiter-with-cleaner-water-efficient-fuel-cell-technology-302754698.html

SOURCE Oracle Corporation

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

AARP Mississippi Applauds Passage and Signing of law to Protect Consumers from Cryptocurrency Kiosk Fraud

Published

on

By

JACKSON, Miss., May 20, 2026 /PRNewswire/ — AARP Mississippi applauds passage and signing of House Bill 1625, landmark legislation that establishes statewide oversight and consumer safeguards for cryptocurrency kiosks (commonly known as crypto ATMs). The bill, passed during the 2026 legislative session and signed into law by Governor Tate Reeves, delivers meaningful protections against fraud and financial exploitation—particularly for older Mississippians. The law takes effect on July 1, 2026.

The measure enacts new statutory consumer protection regulations for virtual currency kiosks, addressing a growing avenue for scams that disproportionately impact adults age 50 and older. The law establishes comprehensive guardrails, including licensing and oversight requirements, mandatory consumer disclosures and fraud warnings, transaction receipts and improved traceability, and daily transaction limits.

“AARP Mississippi is proud to have helped advance this critical consumer protection,” said AARP Mississippi State Director Kimberly L. Campbell, Esq. “Crypto kiosk–related scams have caused devastating losses, especially for older adults. This law brings common-sense safeguards that reduce risk, improve transparency, and strengthen accountability.”

The law’s protections are designed to curb financial exploitation while empowering consumers to make informed decisions. By improving disclosures, setting transaction limits, and enhancing traceability, the law strengthens enforcement and helps prevent irreversible losses associated with crypto kiosk fraud.

About AARP 
AARP is the nation’s largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the 125 million Americans 50-plus and their families: health and financial security, and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation’s largest-circulation publications: AARP The Magazine and the AARP Bulletin. To learn more, visit aarp.org, aarp.org/espanol or follow @AARP, @AARPLatino and @AARPadvocates on social media.

Contact: Ronda Gooden
601-898-5417, 601-209-1812

View original content to download multimedia:https://www.prnewswire.com/news-releases/aarp-mississippi-applauds-passage-and-signing-of-law-to-protect-consumers-from-cryptocurrency-kiosk-fraud-302778264.html

SOURCE AARP Mississippi

Continue Reading

Technology

QBit Semiconductor Shares Surge to USD$18 on Debut, Driving Market Capitalization to USD$700 Million

Published

on

By

Fueling the Edge AI revolution, the Arm-backed SoC innovator sees robust investor demand as it officially lists on the Taiwan Emerging Stock Board (TWO: 7913).

TAIPEI, May 21, 2026 /PRNewswire/ — QBit Semiconductor Ltd. (TWO: 7913), a fabless semiconductor company, was officially listed on the Taiwan Emerging Stock Board on May 15. Strong investor demand drove the stock price to an intraday high of USD$18(NT$530), bringing the company’s market capitalization to approximately USD$700 million. This milestone marks a significant step in the company’s expansion toward global capital markets and reinforces its position in high-performance silicon solutions.

Led by Chairman Simon Shen, QBit’s R&D team is composed of industry veterans from global giants such as Qualcomm and CSR. The company specializes in System-on-Chip (SoC) development, integrating three core functions—Intelligent Image Processing, Precision Motion Control, and Energy-Aware Sensing Management—into its flagship products. QBit’s technology is widely adopted in Multi-Function Printers (MFP), photo and barcode printers, and medical imaging-related solutions, with potential to scale into Edge AI and Physical AI applications such as drones and robotics.

In response to global demands for edge device security, QBit has preemptively integrated Post-Quantum Cryptography (PQC) technology into its SoCs. Its QB7 series achieved certification from the U.S. National Institute of Standards and Technology (NIST) Cryptographic Algorithm Validation Program (CAVP) in 2025. This specialized expertise solidifies the company’s technical differentiation in an era of increasingly stringent cybersecurity standards.

Furthermore, QBit is expanding its footprint in Security Chips and ASIC services. Evolving from a pure controller chip supplier into a comprehensive provider of consumable authentication, secure architecture, and differentiated module designs, QBit has significantly enhanced its platform value and fostered long-term customer loyalty.

Strategically, QBit maintains deep partnerships with leading international brands. In addition to backing from Taiwan’s National Development Fund, QBit secured a strategic investment in early 2026 from Arm, the global semiconductor IP leader within the SoftBank Group ecosystem.

As AI applications and cybersecurity demands continue to surge, QBit Semiconductor is committed to strengthening its R&D and deepening its market presence to support future growth opportunities following the tremendous success of its public debut.

Media Contact: Ms. Hsu
Email: media@qbitsemi.com
Tel: +886-2-7755-7688 ext. 11068 / +886-911-687-913
Company Websites: 
QBit Semiconductor: https://www.qbitsemi.com/ 
Arm: https://www.arm.com/

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/qbit-semiconductor-shares-surge-to-usd18-on-debut-driving-market-capitalization-to-usd700-million-302777558.html

SOURCE QBit Semiconductor LTD.

Continue Reading

Technology

INTOUCH INSIGHT ANNOUNCES Q1 2026 FINANCIAL RESULTS

Published

on

By

OTTAWA, ON, May 20, 2026 /CNW/ – Intouch Insight Ltd. (“Intouch” or the “Company”) (TSXV: INX) (OTCQX: INXSF), a provider of customer experience measurement solutions, today announced its financial results for the first quarter ended March 31, 2026.

Key Highlights for Q1 2026 compared to Q1 2025

Total revenue increased 6% to approximately $6.7 million.Gross margin dollars increased by $123,762.SaaS revenue increased by 11% and recurring services increased by 5%.Adjusted EBITDA1 was $352,624, compared to $557,748, reflecting planned strategic investments in sales, marketing, and technology.

Note 1: EBITDA is a non-IFRS measure and is calculated as net income before interest expense, income taxes, financing costs, depreciation, and amortization.

Recent Operational Highlights

Announced a strategic expansion into the grocery sector, highlighted by an upcoming featured speaking engagement at the GroceryNEXT conference in Chicago.Published proprietary thought leadership studies on the Quick Service Restaurant (QSR) industry, identifying a “Transactional Gap” in customer experience and revealing key drivers for mobile ordering success.Advanced key merchandising initiatives to actively build the sales pipeline and establish a foundation for expected long-term revenue expansion.Enhanced software and technology offerings, including investments in AI automation to improve platform functionality and client outcomes.Expanded sales and marketing capabilities to target new verticals and accelerate organic growth.

Cameron Watt, President & Chief Executive Officer of Intouch Insight, commented:

“The first quarter of 2026 progressed in line with our strategic plan, delivering solid top-line growth across every single product line, including an 11% increase in our SaaS revenue. We are confident in the immediate market opportunities in front of us and we are willing to trade near-term profitability, even operating at a potential loss, to fund our commercial expansion. We are intentionally prioritizing top-line growth and market share today because we believe our underlying unit economics are strong. By rapidly scaling our recurring revenue base now, we are expecting to accelerate our path to a tipping point of improved operating leverage and growth in earnings power.”

Watt added:

“Our sales pipeline is converting, highlighted by recent contract signings and exciting momentum with expected upcoming RFP’s for both SaaS and Services. Within our merchandising business, while large-scale rollouts naturally involve extended sales cycles, we remain focused on our target of generating over $1 million in revenue this year, supported by active opportunities and potential scope expansions. With these near-term catalysts in play, we are confident in our trajectory toward double-digit growth for the full year, making this a pivotal time to be part of our growth story.”

Q1 Earnings Conference Call Information

To participate in this event, register and log-in approximately 5 to 10 minutes before the beginning of the call.

Date: May 21, 2026
Time: 8:30 a.m. eastern time
Register for the live webcast and access on-demand recording: click here.

Consolidated Statements of Operations

Q1 2026

Q1 2025

Revenue

$    6,670,446

$    6,319,663

Cost of services

3,356,169

3,129,148

Gross margin

3,314,277

3,190,515

Total operating expenses

3,130,742

2,819,164

Income from operating activities

183,535

371,351

Non-operating expenses  (earnings) 

76,230

82,097

Income tax expense (recovery)

76,652

Net income (loss)

$       107,305

$       212,602

About Intouch Insight
Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America’s most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit intouchinsight.com.

Certain statements included in this news release including those related to the Company’s quarterly results, future products, opportunities and cost initiatives, strategies, and other statements that are predictive in nature that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, are forward-looking statements within the meaning of applicable Canadian securities laws.  Forward looking statements that are made as of the date hereof, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements reflect the Company’s current views with respect to future events, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management cautions the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. Please refer to the risks set forth in the Company’s most recent annual MD&A and the Company’s continuous disclosure documents that can be found on SEDAR+ at www.sedarplus.ca. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Intouch Insight Ltd.

Continue Reading

Trending