AITECH Cloud Network Rebrands and Ethereum Migration; Sopra Steria Q1 Revenue Up 3.2%
AITECH Cloud Network, formerly Solidus AI Tech, confirmed its migration from BNB Chain to Ethereum and unveiled a rebrand to position for next-generation AI infrastructure. French IT peer Sopra Steria reported a 3.2% organic Q1 revenue increase to €1.5 billion, driven by defence and consulting, highlighting competitive pressures.
1. Rebrand to AITECH Cloud Network and Ethereum Migration
AITECH Cloud Network has completed a strategic rebrand from Solidus AI Tech and initiated migration of its ecosystem from BNB Chain to the Ethereum network, aiming to leverage Ethereum’s smart-contract capabilities for scalable AI services. The shift is designed to enhance integration within next-generation AI infrastructure and broaden developer adoption of ACN protocols.
2. Sopra Steria Q1 Revenue Growth and Competitive Implications
Sopra Steria posted a 3.2% organic increase in Q1 revenue to €1.5 billion, driven by strength in defence and consulting, while a completed Sparda banks programme shaved growth by 1.2 percentage points. Under CEO Rajesh Krishnamurthy, the group reaffirmed its 2026 organic growth target of 1–2% and launched a €40 million share buyback, intensifying competition in European IT services.