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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Liquid Telecom began as a carrier providing services across Africa. Now, CEO Nic Rudnick tells Alan Burkitt-Gray why they’ve changed the name to reflect the group’s new business.
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Investors KKR and DTCP have unveiled an independent wholesale fibre venture, which aims to deploy FTTH to "a minimum one million homes by 2025".
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KPN has attracted the biggest pension fund in the Netherlands to take a 50% stake in its open-access rural fibre business at a cost of €440 million.
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Google is to invest $7 billion on its data centres and offices in the US this year, a $3 billion reduction on the figure spent last year.
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Activist investor Cevian Capital has reduced its stake in Ericsson by 1%, less than two months after criticising the firm's approach to growth targets.
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TPG's global impact investing platform The Rise Fund is to invest US$200 million in Airtel Mobile Commerce (AMC), with potential for an IPO within four years.
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Cerberus Capital Management's second blank cheque company targeting the ICT industry, is looking to raise US$500 million in its IPO.
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Rio de Janeiro-based financial group Piemonte Holding has purchased five data centres from Oi for a total cost of US$70 million (R$367 million).
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SoftBank’s internet subsidiary Z Holdings (ZHD) has outlined plans to invest US$4.7 billion in technology over the coming five years as it looks to "resist an onslaught from larger overseas rivals".
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IFC, part of the World Bank Group, is to loan US$3 million to the Kyrgyz Republic's largest private wholesale broadband operator, its first investment in the country.
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Former EdgeMicro, CyrusOne and Verizon executive Josh Snowhorn has raised an initial US$13 million in seed funding for his new data centre project.
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PPF Group NV has appointed banks BNP Paribas, Morgan Stanley and Societe Generale to explore a potential IPO of its telecoms division.
