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A consortium led by the Italian Treasury has agreed to buy Telecom Italia’s (TIM) undersea cable unit, Sparkle, in a deal worth $793.80 million (€700 million), including debt.
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Last week, Digital Realty launched a new HER1 data centre in Crete in partnership with Schneider Electric, a strategic move that supports digital transformation across the region.
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“People are investing ahead of the demand,” warned Alibaba chairman Joe Tsai, speaking about the current wave of data centre build-outs. As a billionaire investor and Jack Ma’s long-time right-hand man, Tsai knows a thing or two about spotting froth in the market. His view on the sector’s rapid growth? “I start to see the beginning of some kind of bubble.”
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Ericsson has launched a new wireless-first branch networking architecture aimed at helping enterprises manage increasingly AI-driven, distributed operations.
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AI was once again front and centre at Google Cloud Next 2025. CEO Sundar Pichai opened the show by reaffirming Alphabet’s long-standing approach: “to always bring our latest AI advances into the full layers of our stack: Products and platforms”.
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NTT Corporation has developed a purpose-built chip for AI inferencing on ultra-high-res video at the edge, capable of powering use cases like autonomous drone inspections of towers or real-time monitoring of critical infrastructure.
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