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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

In 2023, the company made a net loss of €3.4 billion, compared to a net loss of €1 billion on revenue of €11.3 It also forecast at least one more year of declining revenue, before a return to slow growth in 2025 and a slight acceleration, to 6.2%, in 2026. billion on revenue of €10.7 billion in 2022.

.Net 104
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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

This sector is expected to see an annual growth rate exceeding 20 percent from 2023 to 2026. “We We expect ISG net revenue to grow, driven by our AI-optimized servers, improving demand for our traditional servers, and a recovery in demand for our storage offerings,” Dell said in the filing. “We

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This startup turns discarded crab shells into useful industrial chemicals

GeekWire

On the horizon: Tidal Vision is seeing significant growth, with net revenue increasing 80-to-100% year-over-year for the past three years. Kasberg is looking to raise a growth equity round in the next six to nine months, and aiming for an IPO in the 2026-’28 time period.

Chemicals 108
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Helijet plans to buy flying taxis from Beta Technologies for all-electric flights in B.C.

GeekWire

The aircraft, popularly known as flying taxis, are currently slated to undergo commercial regulatory certification in 2026 and would be available for commercial service shortly thereafter, Helijet said in a news release. Beta Technologies’ Alia eVTOLs are built to carry a pilot and up to five passengers. to Montreal.

.Net 117
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Quantum hardware startup Rigetti Computing to go public in $1.5B SPAC deal with ex-Zillow CEO

GeekWire

31, 2021, and a net loss of $26.1 It estimates revenue to grow to $288 million by 2025, and $594 million by 2026. We plan to use this capital to accelerate our product development and accelerate our goal to bring this transformational computing capability to every major industry.” ” Rigetti reported revenue of $5.5

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IT services company Atos plans IBM-style split

CIO Business Intelligence

IBM was still broadly profitable when it split, having made a net profit of $5.7 Bihmane has already set out his strategy to restore TFCo’s growth, profitability, and cashflow by 2026. billion in 2024 and 2025 before returning to growth in 2026. Legacy losses. It’s been trying throughout the COVID pandemic, but to no avail.

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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

Declining market share Philippe Oliva, Atos co-CEO in charge of Eviden, outlined how the company plans use that capital, growing revenue by 7% annually through 2026. billion; its net loss increased slightly to €600 million, from €503 million a year earlier. It has already raised €700 million this way over the last year.

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