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Investment Stories - Page 31

Asian Stories

Investment stories

Google invests USD $5 billion in data centre expansion in Singapore
Hyperscale

Google invests USD $5 billion in data centre expansion in Singapore

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.

By Sean Mitchell • 3 min read • Mon, 3rd Jun 2024

Global Stories

Investment stories

Investment in data centres surges, ABS gaining traction
Artificial Intelligence

Investment in data centres surges, ABS gaining traction

Global investment in data centres hits USD $22 billion in five months, with asset-backed securitisations driving financial strategies, Linklaters reports.

By Sean Mitchell • 3 min read • Wed, 12th Jun 2024
Australian executives predict AI-driven business growth in 2024
Fintech

Australian executives predict AI-driven business growth in 2024

A new survey by OpenText Cybersecurity reveals that 92.5% of Australian executives in MSPs and MSSPs foresee significant business growth driven by AI investments in the next year.

By Catherine Knowles • 3 min read • Tue, 11th Jun 2024
HSBC & BNY Mellon to pilot Quantexa's new AI technology
Risk & Compliance

HSBC & BNY Mellon to pilot Quantexa's new AI technology

HSBC and BNY Mellon join Quantexa's Lighthouse Programme to deploy Q Assist, a context-aware generative AI suite, debuting at London Tech Week to optimise financial services.

By Catherine Knowles • 3 min read • Tue, 11th Jun 2024
AI in Commerce: Why retailers need to beware
Customer Experience

AI in Commerce: Why retailers need to beware

Retailers must tread cautiously with AI technology, where data quality and ethical use are critical for truly beneficial outcomes.

By Graham Jackson • 4 min read • Tue, 11th Jun 2024
UK leads Europe in digital FDI growth despite overall decline
Cloud Services

UK leads Europe in digital FDI growth despite overall decline

The UK has secured its position as Europe's top destination for digital FDI with 255 projects in 2023, according to EY's latest survey, outpacing the continent amidst a broader decline.

By Kaleah Salmon • 3 min read • Tue, 11th Jun 2024
Majority of firms bolster SaaS security despite economic woes
Cloud Security

Majority of firms bolster SaaS security despite economic woes

A CSA survey shows that 70% of firms have dedicated SaaS security teams despite economic challenges, and 39% increased their SaaS cybersecurity budgets.

By Shannon Williams • 3 min read • Fri, 7th Jun 2024
New Zealand's Fingermark secures major investment from Ecolab
Unified Communications

New Zealand's Fingermark secures major investment from Ecolab

Fingermark secures multimillion-dollar investment from Ecolab, aiming to revolutionise global Quick Service Restaurants with advanced automation technology.

By Catherine Knowles • 3 min read • Wed, 5th Jun 2024
Freelancer appoints Catcha Group CEO Patrick Grove to board
Initial Public Offering

Freelancer appoints Catcha Group CEO Patrick Grove to board

Freelancer appoints Catcha Group CEO Patrick Grove as Non-Executive Director to its Board, aiming to leverage his tech sector expertise to drive growth.

By Imee Dequito • 3 min read • Wed, 5th Jun 2024
Google.org invests major $1.5 million boost to enhance AI
Artificial Intelligence

Google.org invests major $1.5 million boost to enhance AI

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

By Melania Watson • 3 min read • Wed, 5th Jun 2024
Australian & Kiwi SMBs increase AI investments for growth
Unified Communications

Australian & Kiwi SMBs increase AI investments for growth

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.

By Kaleah Salmon • 3 min read • Wed, 5th Jun 2024
UK science superpower aspirations hindered by short-termism
Investment

UK science superpower aspirations hindered by short-termism

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.

By Sean Mitchell • 3 min read • Tue, 4th Jun 2024

Stories from Other Regions

Investment stories

Kramer acquires Ashton Bentley to enhance UCC offerings
Acquire

Kramer acquires Ashton Bentley to enhance UCC offerings

Kramer has acquired Ashton Bentley, a move poised to boost its offerings in the Unified Communication and Collaboration sector with integrated hybrid conferencing solutions.

By Kaleah Salmon • 2 min read • Thu, 13th Jun 2024
Finance professionals lead in AI adoption, report reveals
Crypto

Finance professionals lead in AI adoption, report reveals

Finance professionals lead AI adoption, with 63% utilising it for fraud detection and risk management. Marketing and sales show lower usage at 27% and 19%.

By Melania Watson • 3 min read • Fri, 7th Jun 2024
Australian customer experience quality stagnates or declines
Customer Experience

Australian customer experience quality stagnates or declines

Forrester's report reveals that customer experience quality in Australia has stagnated or declined since 2020, with banks and government sectors hit hardest.

By Kaleah Salmon • 3 min read • Thu, 6th Jun 2024
Jio launches 'JioFinance' app to revolutionise digital banking
Digital Transformation

Jio launches 'JioFinance' app to revolutionise digital banking

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

By Kaleah Salmon • 3 min read • Wed, 5th Jun 2024
McConnell Dowell invests in tech to enhance Melbourne projects
Software-as-a-Service

McConnell Dowell invests in tech to enhance Melbourne projects

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

By Catherine Knowles • 3 min read • Tue, 4th Jun 2024