investment
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Anthropic, the Amazon and Google-backed AI startup behind Claude is once again on the hunt for cash, with reports suggesting it could raise up to $2 billion. -
Microsoft has continued its global cloud and AI infrastructure investing efforts, unveiling plans to spend $3 billion in India.
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The Commerce Department has finalised Hemlock Semiconductor (HSC)’s $325 million direct funding award to build a new manufacturing facility in Hemlock, Michigan.
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Asia Pacific data centre operator Digital Edge has raised more than $1.6 billion to expand its services across the region.
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The US Department of Commerce has earmarked the location of the third flagship CHIPS for America research and development (R&D) facility and greenlit the creation of a virtual semiconductor manufacturing research centre.
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Microsoft plans to invest $80 billion to build AI-enabled data centres, Brad Smith, the company’s president has revealed.
Forthcoming events
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UK-based Onecom has acquired Olive Communication, creating a service provider that is on track to generate annual turnover of more than £140m.
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Lansdowne Investment Company Cyprus (LICC) has become the latest investor to back AttoCore, the UK-based networking firm.
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Goldman Sachs has promoted two company veterans to jointly head its TMT activities, following the departure of Nick Giovanni.
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Rounding off a tumultuous year TMT deals didn’t stop over the holiday season.
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Ian Waters, senior director of EMEA marketing at ThousandEyes writes about the big tech firms adding new strings to their bows – and why software is eating telcos
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Euskaltel, the telco based in the Basque country of northern Spain, has three bids for a stake in its broadband network unit, according to reports.
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The first space-based network to connect directly to 4G and 5G smartphones has received a multi-million-dollar funding boost for the first phase of its commercial launch.
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Holland’s largest telco, KPN, is to invest €3.5 billion to 2024 as it continues to pursue nationwide fibre roll outs.
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US-based start-up EdgeQ Inc has reached the US$51million funding milestone, paving the way for it to converge 5G connectivity and AI compute onto a “system-on-a-chip”.
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Gold Data is to expand its regional footprint by connecting all the major data centres in Mexico City via a redundant fibre optic network deployed by the firm.
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KKR has invested an undisclosed sum from its infrastructure fund in the parent company of Frontier Tower Associates Philippines (FTAP).
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Kevin Billings, director and communications industry principal at Pegasystems, says that despite economic constraints, telcos cannot neglect technology investment
