ZURICH (Reuters) - ABB expects increased demand from the data centre market for its electrification products, CEO Morten Wierod said on Thursday, despite the promise of lower-energy AI models from ...

ZURICH: ABB said it was seeing strong demand for electrical products used by data centres needed for artificial intelligence on Thursday as it reported profit slightly ahead of forecasts.

Zurich-based electrification and automation company ABB has acquired Lumin, a provider of residential energy management systems in the United States, the companies announced Tuesday. Financial ...