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Stock impact report

Space-Based AI: Dr. Richard Lu Comments on Elon Musk Remarks at The World Economic Forum [Yahoo! Finance]

PowerBank Corporation (SUUN) 
Company Research Source: Yahoo! Finance
TORONTO Jan. 27, 2026 /CNW/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) (" PowerBank " or the " Company "), a North American renewable energy company focused on solar energy infrastructure and battery energy storage systems (BESS), with an intention to move into advanced data center solutions including spaced-based solar powered AI infrastructure, today comments on recent remarks at The World Economic Forum in Davos, Switzerland, highlighting the critical intersection of renewable energy and artificial intelligence infrastructure. During his address at Davos, Musk emphasized that "I think the limiting factor for AI deployment is fundamentally electrical power." This observation resonates deeply with PowerBank's strategic focus on solar energy production and intention to move into space-based computing infrastructure through its collaboration with Smartlink AI ("Orbit AI"). Musk further outlined an ambitious vision for space-based solar power, stating: "It's Show less Read more
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