investment
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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.
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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.
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Raxio Group has secured $100 million in financing from the International Finance Corporation (IFC) to fuel its Sub-Saharan African regional data centre platform.
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Data centres are expanding at breakneck speed, and fibre networks are racing to keep up.
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T-Mobile has completed its acquisition of fiber-to-the-home (FTTH) provider Lumos, forming a joint venture set to bring full-fibre broadband to homes across the US.
Forthcoming events
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The recently announced Stargate Initiative—a $500 billion investment in AI infrastructure—has set the tech industry abuzz. In an exclusive interview, Joe Capes, CEO of LiquidStack, shared his insights on the initiative's implications for AI infrastructure, cooling technologies, and the challenges ahead.
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Even as market jitters over the DeepSeek sell-off dragged down tech stocks, industry giants posted robust earnings this week, with several reporting billion-dollar revenue gains driven by sustained demand for AI and cloud infrastructure.
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Carlos Slim, the Mexican billionaire and one of the world’s richest individuals, has reduced his stake in BT Group for the first time since his initial investment in the company.
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SoftBank is reportedly in talks to increase its investment in OpenAI, potentially injecting up to $25 billion into the ChatGPT maker.
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Yann LeCun, Meta’s chief AI scientist, claimed the market reaction to DeepSeek was “woefully unjustified” and that open source research powered the Chinese startup's meteoric rise, not its hardware.
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Zayo Group is reportedly leading the pack to acquire Crown Castle’s assets, including its fibre and small cell businesses, in a deal potentially valued at more than $8 billion.
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Reliance, the Mukesh Ambani-owned conglomerate, wants to build the largest data centre in the world, with plans to construct a multi-gigawatt-scale site in Jamnagar.
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LG Electronics (LG) has solidified its position as a leader in robotics by acquiring a majority stake in Silicon Valley-based Bear Robotics, a pioneer in AI-powered autonomous service robots.
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Private equity firm Novacap has launched a new fund to invest more than $1 billion in digital infrastructure projects across North America.
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The US Commerce Department has finalised Infinera’s $93 million CHIPS Act funding in what could be one of the final grants before President-Elect Trump takes office.
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Aligned Data Centers, has completed a $12 billion capital raise. This includes over $5 billion in new primary equity and more than $7 billion in new debt commitments, enabling accelerated expansion and innovation across the Americas.
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The Scottish National Investment Bank has invested £20m in subsea cable manufacturer XLCC to support the construction of its new manufacturing facility in Ayrshire.
