Oct 5, 2018
665 Energy, Inc. (OTC: SSOF), a holding company in the oilfield equipment and supply industry with facilities in Oklahoma, Germany and Dubai, specializes in supplying oilfield equipment, drilling rigs and drilling pipe. A recent name change from 66 Oilfield Services is designed to distinguish the corporate structure of the holding company from its three operating companies: Five Star Rig and Supply; Oklahoma Rig Fabricators; and 66 Oilfield Services, according to a recent news release (http://nnw.fm/We7JX).
The global market for oil and gas equipment is expected to grow from its current $194 billion to $205 billion by 2020, research firm Statista reported…
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The Department of Homeland Security (DHS) has ordered that products from the Chinese AI startup DeepSeek be removed from federal agency IT systems and barred from government contracting. The order, which initially went out in July, was published on the Federal Register website Monday. It said DeepSeek’s AI models present “multiple threat vectors,” noting the...
In New York last month, US-China talks on artificial intelligence opened up a path of cooperation. This was affirmed by the Xi-Trump summit in Washington where both presidents agreed to establish a formal AI dialogue and hotline. With the next AI meeting set to happen in November, it is imperative that both countries further cooperation. The AI ecosystem is in flux. American tech companies are draining their coffers as they commit vast sums to chips, data centres and energy before the revenue...
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Steve Verheul said the United States won’t simply drop issues like the Online News Act and digital sovereignty that it has identified as trade irritants.
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