investment
-
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.
-
The Commerce Department has finalised Hemlock Semiconductor (HSC)’s $325 million direct funding award to build a new manufacturing facility in Hemlock, Michigan.
-
Asia Pacific data centre operator Digital Edge has raised more than $1.6 billion to expand its services across the region.
-
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.
-
Microsoft plans to invest $80 billion to build AI-enabled data centres, Brad Smith, the company’s president has revealed.
Forthcoming events
-
NS1 has gained US$40 million in funding and a new board member, following its Series D venture round led by Energy Impact Partners (EIP).
-
The Trans Europe Asia System (TEAS), a Europe to India data transport infrastructure project, has reached a new milestone following a collaboration between Stonecourt Capital and Cinturion Corp Ltd.
-
Qualcomm Ventures, the investment arm of Qualcomm Incorporated, has taken a 1.5% equity stake in Jio Platforms for US$97 million as the Indian telco looks to advance 5G services.
-
Intel Capital, the investment arm of Intel Corp (NASDAQ: INTC) has joined the growing list of global firms investing in a stake in India’s digital future.
-
Ethiopia has received 12 expressions of interest (EoI) from nine telecom and two non-telecom operators looking to secure a partial stake in the country’s telecommunications industry.
-
The British city of Cambridge is to host the Huawei Campus after the Asian tech giant received approval for the project’s first phase.
-
NanoAvionics, the Lithuanian firm building a global IoT network, has won a contract with Thales Alenia Space to build two satellite buses for Omnispace's satellite-based Internet of Things (IoT) infrastructure.
-
Burned by the investment decisions of the past, telcos have for years been largely absent from the data space. However, it could be time to revise the strategy. Melanie Mingas writes.
-
A special edition rich list analysing the impact of Covid-19 on the fortunes of the world’s “most successful entrepreneurs”, has been dominated by executives from across the tech and communications landscape.
-
Telia Company has announced a series of changes to the line-up of its executive management team, following the divestment of its stake in Turkcell Holdings and exit from Turkey as a country market.
-
Transatlantic cable projects are entering a renewable phase, powered by new business models and technological advances that could open up new routes.
-
Saudi Arabia’s Public Investment Fund (PIF) has become the 10th investor to back Reliance Industries’ Jio Platforms, taking a 2.32% equity stake for US$1.5 billion.
