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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PLDT and its wireless arm Smart Communications have announced increased 5G investments to improve customer experience and services in 2021.
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Cardiff-based ISP Spectrum has secured a £200 million investment to support it in delivering fibre-to-the-premises (FTTP) to 150,000 sites across the south of Wales.
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Investment news from Telia, Stonecourt and Expereo, and HAPs above New Mexico
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Reliance Industries has generated eight investments in its retail subsidiary Reliance Retail Ventures Limited (RRVL), however a legal notice from Amazon could be about to put the brakes on the momentum.
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A special purpose acquisition company (SPAC) formed by Cerberus Capital Management has filed IPO paperwork with the US Security and Exchange Commission (SEC).
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NTT has launched a buyout bid to take its mobile unit Docomo private, in a move that is likely to support the prime minister's push to reduce phone tariffs.
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Security automation firm Ivanti has acquired two businesses as it positions to enable “the self-healing autonomous edge”.
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US broadband communications provider Cable One (NYSE: CABO) has bought a 45% stake in Mega Broadband Investments Holdings LLC (MBI) in a US$574.1 million all cash deal.
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The parent company of Georgia’s Caucasus Online has told media that it has submitted a new offer to the national regulator as it works to settle the ongoing dispute over ownership.
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KKR has made a second investment in a Reliance Industries’ company, this time backing the firm’s retail subsidiary in return for a 1.28% equity stake.
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New data has highlighted just how much the world shifted to the cloud in the first half of 2020, driving revenues up 20% on last year’s figures.
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TIM has made the top 10 of a global diversity and inclusion index that ranks 7,000 companies on their D&I work.
