investment
-
The uncertain future of embattled semiconductor giant Intel has taken a significant step towards clarity, as it has reportedly agreed to join forces with TSMC. -
Microsoft is reportedly pulling the plug on additional data centre projects, with planned sites in Indonesia and Australia now joining a string of cancellations across the US, UK, and Europe, signalling a possible rethink of its AI strategy.
-
The iliad Group has finalised its multi-billion dollar partnership with private equity firm InfraVia that looks to position its data centre subsidiary OpCore as a major European hyperscale platform.
-
AirTrunk is securing a US$1.7 billion (SG$2.2 billion) green loan to fund an 80.2MW data centre in Singapore—yet no one in the industry seems to know where this new facility will be located.
-
Raxio Group has secured $100 million in financing from the International Finance Corporation (IFC) to fuel its Sub-Saharan African regional data centre platform.
-
Data centres are expanding at breakneck speed, and fibre networks are racing to keep up.
Forthcoming events
-
Britain’s economy saw an unexpected boost in the final quarter of 2024, with GDP rising by 0.1% despite earlier predictions of a decline.
-
Huawei has pledged its support for Kenya’s efforts to boost the participation of women and girls in science, technology, engineering, and mathematics (STEM) as part of the country’s digital transformation agenda.
-
Senior executives at BT appear to be signalling confidence in the company’s ongoing restructuring as they reinvest dividends into company shares.
-
France is challenging the US's OpenAI-led Stargate project with President Emmanuel Macron announcing €109 billion (USD$112 billion) in AI infrastructure investments.
-
Elon Musk’s feud with OpenAI has taken a new turn, with reports suggesting the billionaire is leading a consortium aiming to buy the ChatGPT maker for $97.4 billion.
-
Investment firm Brookfield is set to invest €20 billion to build out AI infrastructure in France.
-
The Iliad Group has unveiled a €3 billion war chest to invest in AI infrastructure, including new data centres and GPUs to power AI workloads.
-
Mistral AI, Europe’s leading answer to OpenAI, unveiled plans to build its first AI cluster in France to further power its training efforts.
-
Amazon just about scraped by projected earnings but investors still soured on the tech giant after a less-than-stellar performance from its cloud business.
-
Global data centre capital expenditure will surpass $1 trillion according to new projections from Dell'Oro Group.
-
The University of Sydney received a landmark $100 million donation from the family foundation of AirTrunk founder Robin Khuda to support girls from Western Sydney in pursuing science, technology, engineering, and mathematics (STEM) careers.
-
Federal Communications Commission (FCC) chair Brendan Carr revealed that the agency is considering auctioning off more C-band spectrum.
