Investment stories - Page 22

Google.org is investing another USD $1.5 million to boost AI capabilities for humanitarian and environmental nonprofits across the Asia-Pacific.

SMBs in Australia and New Zealand are ramping up AI investments, with nearly half planning major boosts over five years to drive growth and innovation, a survey reveals.

Jio Financial Services launches the 'JioFinance' app beta, aiming to revolutionise digital banking and financial activities for Indian citizens.

McConnell Dowell partners with TechnologyOne to bolster Melbourne's key infrastructure projects through a GBP £45 million investment in cutting-edge SaaS technology.

A new report from the Council on Geostrategy criticises the UK's short-termism, hindering its science and tech ambitions, as a snap election looms.

Google completes USD $5 billion data centre expansion in Singapore, bolstering the city's position as a regional tech hub and supporting AI-driven economic growth.

Australian CEOs support Ed Husic’s tax cut proposal for AI and automation, eyeing reduced costs and shifts to local manufacturing as crucial benefits.

Switch Datacenters launches AMS4, a 15-18 MW facility in Amsterdam, marking a significant boost to the city's digital infrastructure amid growing service demand.

Tanium appoints Workday CIO Rani Johnson and TPG's Tim Millikin to its board, aiming to leverage their expertise for accelerated growth and strategic innovation.

As World Environment Day nears, Australia's AU$399 million move to boost its Net Zero Economy Authority shines a spotlight on the UK's business struggle needing £ support.

Google is investing US$2 billion in Malaysia to build its first data centre and a Google Cloud region, boosting the nation's digital transformation efforts.

Hong Kong's IT sector leads investment in employee share plans, pouring HKD $38.5 billion in 2022, to attract and retain top talent.

Research finds enterprises struggle with unstructured data despite its vast potential. Lack of expertise and inadequate tools are key barriers.

Australian businesses have boosted investment in assets by 22%, particularly in green technologies like electric vehicles, despite a slowing economy, reports the Commonwealth Bank.

Altium is pouring resources into Bangalore, aligning with India's 'Make in India' drive to tap into its electronics market. This expansion includes a new office and educational initiatives.

Turn/River Capital invests in Paessler AG to fuel growth and global expansion of its IT and OT monitoring solutions, marking a significant milestone for the company.

One New Zealand has clinched the Best in Test mobile network award for 2024, marking its third consecutive win, highlighting top performance in voice, data, and reliability categories.

Language AI leader DeepL lands $300M investment, boosting valuation to $2B. New funding aims to fuel product innovation and global expansion, says CEO.

A global survey reveals high trust in AI among executives, yet exposes a significant gap in confidence regarding effective AI strategy execution and data readiness.

Telstra's restructure could lead to up to 2,800 job losses as the company aims to streamline operations and support its long-term investment in technology and infrastructure.