Investment stories - Page 4
EDGNEX to build 40MW data centre in Madrid by 2026
Last month
#
datacentre infrastructure
#
ai
#
cleantech
EDGNEX Data Centers, part of DAMAC Group, is investing EUR 400 million in a new 40MW data centre in Madrid to meet rising global demand.
Chipotle invests in AI supply chain firm Lumachain
Last month
#
data analytics
#
cleantech
#
sustainability
Lumachain, an AI supply chain platform from Sydney, secures a minority investment from Chipotle's USD $100 million Cultivate Next fund to enhance food supply transparency.
GaiaLens wins ESG innovation funding for anti-greenwashing
Last month
#
dei
#
ai
#
cleantech
GaiaLens has been named a winner of FinTech Scotland's ESG innovation call, securing funding to enhance its Greenwashing Analytics Solution.
Telecom firms lead the way in GenAI adoption & investment
Last month
#
uc
#
data analytics
#
cx
A new study reveals that 70% of telecommunications firms are adopting generative AI, outpacing other sectors in investment and implementation.
Kao Data begins £350m data centre project in Stockport
Last month
#
edutech
#
power / energy
#
ai
Kao Data has begun construction on a GBP £350 million data centre in Stockport, set to enhance Greater Manchester’s digital infrastructure by 2026.
New robotic palletising solution launched for Singapore SMEs
Last month
#
robots
#
it in manufacturing
#
it automation
ProPal Robotics and OnRobot have unveiled Southeast Asia's first off-the-shelf palletising automation solution, targeting Singapore's SME manufacturers.
UK ranks lowest in 5G connectivity among major countries
Last month
#
uc
#
5g & beyond
#
telco
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.
Enky introduces sustainable subscription furniture to UK
Last month
#
cleantech
#
sustainability
#
investment
Belgium-based start-up Enky launches its subscription furniture service in the UK, focusing on sustainability and the circular economy for businesses.
Mobii partners with North Rakaia for NZ green data centre
Last month
#
hyperscale
#
dc
#
ai
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.
Layer secures USD $6m to boost decentralised web tech
Last month
#
cryptocurrency
#
blockchain
#
software development
Layer has raised USD $6 million in seed funding to enhance trust in internet software, spearheading advancements in decentralised application technology.
Oracle invests USD $6.5 billion in AI & cloud in Malaysia
Last month
#
data analytics
#
digital transformation
#
hyperscale
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.
Aussie firms lead AI shift with strong digital literacy push
Last month
#
ai
#
management
#
digital literacy
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.
ANZ SOC teams distrust legacy tools, turn to AI solutions
Last month
#
advanced persistent threat protection
#
soc
#
ai security
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.
Google Cloud & DNeX partner to boost Malaysia's cloud tech
Last month
#
ai
#
cloud services
#
investment
Google Cloud and DNeX partner to offer sovereign cloud services in Malaysia, targeting industries with strict data needs like finance and healthcare.
LitUp signs MoU with International Gateway for USD $300m plan
Last month
#
network infrastructure
#
connectivity
#
investment
LitUp Network and International Gateway Company have inked a USD $300 million MoU to enhance Thailand's network infrastructure, boosting their ASEAN presence.
Capmont Technology launches €100m fund for B2B tech startups
Last month
#
robots
#
iot
#
cybersecurity
Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.
Princeton Digital to invest USD $5 billion in Asian expansion
Last month
#
ai
#
investment
#
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.
ANZ leaders invest USD$15 million in generative AI for 2024
Last month
#
genai
#
ai
#
software development
Australia and New Zealand are outpacing the world in generative AI investment, committing USD$15 million in 2024, surpassing the global average.
UK business leaders to boost tech investments by 23% next year
Last month
#
ai
#
investment
#
generation z
UK business leaders are set to boost tech investments by 23% due to AI innovations, a new study from Seismic reveals.
UK firms boost AI spending 177%, ChatGPT leads with 835% rise
Last month
#
ai
#
productivity
#
spending
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.