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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Altitude Infrastructure is planning fibre investments of €2.5billion as it builds on its parent company’s recent acquisition of Kosc.
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Illinois-based FTTH operator i3 Broadband has been sold to Wren House Infrastructure Management, a subsidiary of the Kuwait Investment Authority (KIA), for an undisclosed sum.
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Verizon has awarded a US$6.6 billion, five-year contract to Samsung to provide wireless network equipment for its 5G network.
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Papua New Guinea is to receive an investment of US$25 million from the Asian Development Bank (ADB) to finance a greenfield 4G mobile network.
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ACL Mobile is now officially under new ownership following the completion of “part one” of Sinch AB’s acquisition.
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Macquarie Telecom Group Ltd (ASX: MAQ) saw revenue increase by 8% in the 2020 financial year, with chairman, Peter James, crediting a “track record of delivery” and long-term investments with driving the growth.
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With ESG funds outperforming the competition in a pandemic-driven bear market, Gordon Smith, CEO of Sagent explains how to boost – and leverage – corporate sustainability
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The West Indian Ocean Cable Company Ltd (WIOCC) has welcomed a US$20 million cash injection from the IFC to boost connectivity across Africa.
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After months of speculation around who could bid for a stake in Ethio Telecom, the Ethiopian government has u-turned on its earlier decision to allow foreign companies to participate.
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Cellnex has announced plans to issue 101.4 million new shares to fund a multi-million Euro, Europe-wide acquisition strategy.
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Over the top (OTT) service providers and hyperscalers are driving the evolution of finance models for new submarine cable systems.
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South Korea's three major mobile operators have agreed to invest US$22 billion (KRW 25.7 trillion) over the next 18 months, to boost 5G infrastructure across the country.
