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Investment Stories - Page 25

Asian Stories

Investment stories

Oracle invests USD $6.5 billion in AI & cloud in Malaysia
Data Analytics

Oracle invests USD $6.5 billion in AI & cloud in Malaysia

Oracle plans to invest over USD $6.5 billion in AI and cloud services in Malaysia, launching a new public cloud region for enhanced digital capabilities.

By Sean Mitchell • 3 min read • Sun, 6th Oct 2024
Google Cloud & DNeX partner to boost Malaysia's cloud tech
Artificial Intelligence

Google Cloud & DNeX partner to boost Malaysia's cloud tech

Google Cloud and DNeX partner to offer sovereign cloud services in Malaysia, targeting industries with strict data needs like finance and healthcare.

By Catherine Knowles • 3 min read • Thu, 3rd Oct 2024
LitUp signs MoU with International Gateway for USD $300m plan
Network Infrastructure

LitUp signs MoU with International Gateway for USD $300m plan

LitUp Network and International Gateway Company have inked a USD $300 million MoU to enhance Thailand's network infrastructure, boosting their ASEAN presence.

By Catherine Knowles • 3 min read • Wed, 2nd Oct 2024
Princeton Digital to invest USD $5 billion in Asian expansion
Artificial Intelligence

Princeton Digital to invest USD $5 billion in Asian expansion

Princeton Digital Group plans a USD $5 billion expansion in Asia, adding 500 MW in India, Malaysia, and Indonesia to meet surging AI-driven data centre demand.

By Kaleah Salmon • 3 min read • Wed, 2nd Oct 2024
Google invests USD $1 billion in Thailand's digital future
Google

Google invests USD $1 billion in Thailand's digital future

Google has declared a USD $1 billion investment to boost Thailand's digital infrastructure, bolstering cloud and data centres in Bangkok and Chonburi.

By Sean Mitchell • 3 min read • Tue, 1st Oct 2024

Global Stories

Investment stories

Mobii partners with North Rakaia for NZ green data centre
Hyperscale

Mobii partners with North Rakaia for NZ green data centre

Mobii Green Energy Group has partnered with North Rakaia Ltd to launch a green hydrogen data centre in Canterbury, featuring an initial investment of USD $2 billion.

By Sean Mitchell • 3 min read • Tue, 8th Oct 2024
Layer secures USD $6m to boost decentralised web tech
Crypto

Layer secures USD $6m to boost decentralised web tech

Layer has raised USD $6 million in seed funding to enhance trust in internet software, spearheading advancements in decentralised application technology.

By Sean Mitchell • 3 min read • Tue, 8th Oct 2024
Aussie firms lead AI shift with strong digital literacy push
Artificial Intelligence

Aussie firms lead AI shift with strong digital literacy push

Australian companies outpace US, UK, and Europe in AI readiness, with 90% prioritising AI literacy and GTM leaders gearing up for a 20% tech investment increase by 2025.

By Catherine Knowles • 3 min read • Fri, 4th Oct 2024
ANZ SOC teams distrust legacy tools, turn to AI solutions
Semiconductors

ANZ SOC teams distrust legacy tools, turn to AI solutions

A Vectra AI report reveals 69% of ANZ SOC practitioners fear missing cyber threats due to legacy tools, while AI gains trust as a modern solution.

By Imee Dequito • 3 min read • Fri, 4th Oct 2024
ANZ leaders invest USD$15 million in generative AI for 2024
Generative AI

ANZ leaders invest USD$15 million in generative AI for 2024

Australia and New Zealand are outpacing the world in generative AI investment, committing USD$15 million in 2024, surpassing the global average.

By Shannon Williams • 4 min read • Wed, 2nd Oct 2024
Tiger Global invests $20 million into LiquidStack's Series B
Manufacturing

Tiger Global invests $20 million into LiquidStack's Series B

LiquidStack has secured a $20 million boost from Tiger Global in its Series B funding, raising the total to $35 million to enhance cooling solutions.

By Catherine Knowles • 3 min read • Thu, 26th Sep 2024

Stories from Other Regions

Investment stories

UK ranks lowest in 5G connectivity among major countries
Unified Communications

UK ranks lowest in 5G connectivity among major countries

A report by the Social Market Foundation reveals the UK ranks last for 5G connectivity among 15 global markets, with coverage only 10% of the time.

By Catherine Knowles • 3 min read • Thu, 10th Oct 2024
Enky introduces sustainable subscription furniture to UK
Clean technologies

Enky introduces sustainable subscription furniture to UK

Belgium-based start-up Enky launches its subscription furniture service in the UK, focusing on sustainability and the circular economy for businesses.

By Sean Mitchell • 2 min read • Wed, 9th Oct 2024
Capmont Technology launches €100m fund for B2B tech startups
Robotics

Capmont Technology launches €100m fund for B2B tech startups

Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.

By Catherine Knowles • 3 min read • Wed, 2nd Oct 2024
UK business leaders to boost tech investments by 23% next year
Artificial Intelligence

UK business leaders to boost tech investments by 23% next year

UK business leaders are set to boost tech investments by 23% due to AI innovations, a new study from Seismic reveals.

By Shannon Williams • 3 min read • Wed, 2nd Oct 2024
UK firms boost AI spending 177%, ChatGPT leads with 835% rise
Artificial Intelligence

UK firms boost AI spending 177%, ChatGPT leads with 835% rise

UK businesses ramp up AI investment by 177% year-on-year, leveraging tools like ChatGPT and Fireflies.ai, but finance teams lag in adoption, reports Soldo.

By Shannon Williams • 3 min read • Tue, 1st Oct 2024
Consent Labs expands in Victoria amid growing demand for education
EduTech

Consent Labs expands in Victoria amid growing demand for education

Consent Labs expands operations in Victoria to meet demand for consent education, supported by a Federal Government investment of AUD $117.6 million.

By Catherine Knowles • 3 min read • Mon, 30th Sep 2024