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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Tech giant Apple Inc (NASDAQ: AAPL) has acquired its fourth start-up of the year, signalling that it could be about to return to the frenetic pace set in 2019, despite an impending global recession caused by Covid-19.
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As the world continues to cope with the effects of Covid-19, the telecoms and tech sector has undoubtedly come to the forefront as the golden child of the global economy.
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Capacity Latam 2020 in Sao Paulo hosted around 200 companies with over 600 senior level attendees present.
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Affluence Corporation is divesting its entertainment division interests to focus on 5G infrastructure and technologies.
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Cellnex Telecom has signed an agreement with Altice Europe and Belmont Infra Holding to acquire all of OMTEL’s towers and sites in Portugal for €800 million.
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3i Infrastructure plc has agreed to sell its 93% stake in Wireless Infrastructure Group (WIG) to Brookfield Infrastructure.
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South Africa’s pension fund for government employees is likely to take a stake in a Liquid Telecom share offer, according to reports.
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365 Data Centers has acquired a 25,000 sq ft NYI-NJ Bridgewater facility, bolstering its network-centric, edge data centre portfolio.
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Macquarie Infrastructure Partners IV has expanded its communications infrastructure footprint by acquiring Netrality Data Centers.
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The Angolan government is to sell stakes in 10 of the country’s telecoms companies, including Angola Cables, as part of a wide-ranging privatisation move.
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SoftBank has invested $200 million in Cybereason, the US-Israeli company that in June said an unnamed nation has been mounting global attacks against mobile phone operators.
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Marc Ganzi and his team have led investments in cell towers, data centres and fibre for a quarter of a century. But there’s one thing he won’t talk about with Alan Burkitt-Gray.
