STOCK TITAN

SAI.TECH Global Corporation - $SAI STOCK NEWS

Welcome to our dedicated page for SAI.TECH Global Corporation news (Ticker: $SAI), a resource for investors and traders seeking the latest updates and insights on SAI.TECH Global Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SAI.TECH Global Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SAI.TECH Global Corporation's position in the market.

Rhea-AI Summary

SAI.TECH Global has signed an MOU with Green Agritech for the Canada Manitoba Site Project to establish a 1MW computing data center. The project will utilize SAI's waste heat recovery technology to recycle heat for onsite use, marking the company's entry into the Canadian sustainable computing market. SAI will partner with OCEC for facility development, share revenues and costs with Green Agritech, and secure miners for the data center.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.78%
Tags
none
-
Rhea-AI Summary
SAI.TECH Global (NASDAQ: SAI, SAITW) reported its audited financial results for the fiscal year ended December 31, 2023, and filed its Annual Report on Form 20-F. The company operates as a sustainable distributed bitcoin mining operator and clean-tech company integrating the bitcoin mining, power, and heating industries. Shareholders can access the report on the company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.45%
Tags
-
Rhea-AI Summary
SAI.TECH Global announces a major scale-up of its SAI NODE Marietta facility, enhancing technology for high-performance computing liquid cooling and industrial-scale computing heat recycling. The expansion includes the addition of 478 bitcoin mining machines, increasing hash rate capacity by 68 PH/s. The Company's self-mining operation now has approximately 150 PH/s operational hash rate with an overall efficiency of 27.3 J/TH.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
Rhea-AI Summary
SAI.TECH Global Corporation (NASDAQ: SAI, SAITW) reported unaudited financial results for the six months ended June 30, 2023. Total revenues decreased by 44% to US$ 3.0 million, gross profits decreased by 70% to US $0.2 million, and net losses increased to US$3.7 million, attributed to tightened regulation on crypto mining businesses and cryptocurrency market fluctuations. Despite this, SAI.TECH has powered up its U.S. R&D Center SAI NODE Marietta and OCEC Computing Heat Recycle Technology Development Center, and focused on developing innovative liquid cooling technologies for energy-saving clean bitcoin mining operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.64%
Tags
-
Rhea-AI Summary
SAI.TECH Global Corporation announces adoption of shareholder proposals at AGM
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
Tags
none
-
Rhea-AI Summary
SAI.TECH begins development of containerized data center with liquid cooling capabilities
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
Tags
none
Rhea-AI Summary
SAI.TECH Global Corporation begins research and production of containerized data center with immersive liquid cooling capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.5%
Tags
AI
-
Rhea-AI Summary
SAI.TECH Global Corporation announced the successful completion of its 2nd 'Bit Heat Day' at SAI NODE Marietta in Ohio. The event showcased the SAI U.S. R&D Center and the OCEC Computing Heat Recycle Technology Development Center. Key speakers highlighted the potential of computer heat recycling technology in achieving carbon-neutral objectives and its benefits for various industries. The event was attended by industry experts, government officials, and media outlets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.96%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.58%
Tags
conferences
Rhea-AI Summary
SAI.TECH Global Corporation will hold its annual general meeting (AGM) virtually on September 6, 2023. Shareholders are encouraged to vote in favor of the proposals set forth in the Notice of AGM. The AGM will be accessible at www.virtualshareholdermeeting.com/SAI2023. Holders of record of ordinary shares as of July 27, 2023, are eligible to attend and vote.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
none
SAI.TECH Global Corporation

Nasdaq:SAI

SAI Rankings

SAI Stock Data

20.52M
5.40M
54.69%
0.2%
0.13%
Software Publishers
Information
Link
United States of America
NEW YORK

About SAI

benham is an architecture, engineering, and designbuild firm with a very diverse client base: large and small, private and public. we embrace each client relationship, helping them reach where they want to be, working collaboratively and strategically to deliver innovation, high quality and sustainability performance. the goals, expectations and needs of our clients provide the foundation for every project we accomplish together.