Investment stories - Page 7

Princeton Digital Group plans a USD $5 billion expansion in Asia, adding 500 MW in India, Malaysia, and Indonesia to meet surging AI-driven data centre demand.

Australia and New Zealand are outpacing the world in generative AI investment, committing USD$15 million in 2024, surpassing the global average.

UK business leaders are set to boost tech investments by 23% due to AI innovations, a new study from Seismic reveals.

UK businesses ramp up AI investment by 177% year-on-year, leveraging tools like ChatGPT and Fireflies.ai, but finance teams lag in adoption, reports Soldo.

Google has declared a USD $1 billion investment to boost Thailand's digital infrastructure, bolstering cloud and data centres in Bangkok and Chonburi.

Consent Labs expands operations in Victoria to meet demand for consent education, supported by a Federal Government investment of AUD $117.6 million.

LiquidStack secures $20 million from Tiger Global, boosting Series B funding to $35 million. Funds to enhance manufacturing, R&D, and expand cooling solutions for AI-driven data centres.

Easy Crypto reveals it returned NZD $2.7M to customers affected by fraud, shifting focus from trading volume to security and user protection in the crypto space.

UK CEOs are growing optimistic and shifting towards proactive deals. Investment in tech and strategic transactions are key.

New Datacom research reveals that 70% of Australians would increase their confidence in local councils through tech investments, yet only 37% see councils as tech-savvy.

Australian and global CEOs prioritise Generative AI investments despite economic concerns, with most expecting returns in three to five years.

Salesforce will offer its premium AI courses for free on Trailhead until end-2025, investing over USD $50 million to bridge the AI skills gap.

Echelon Data Centres has secured a grid connection for its DUB20 campus in County Wicklow, paving the way for a EUR €3.5 billion investment and 1,300 jobs.

Harvard Business School has released its first AI-focused case study on an Asian bank, detailing DBS’s AI strategy and its projected SGD $1 billion impact by 2025.

Rod Hamilton, ex-Culture Amp co-founder, joins Rampersand as Venture Partner, bringing product expertise to the venture capital firm's portfolio of startups.

BAM Mutual debuts bond insurance in Australia, targeting energy transition and social infrastructure, aiming to expedite and economise key projects in the region.

Intel and AWS boost partnership with multi-year, multi-billion-dollar investment in custom AI chips, aiming to enhance U.S. semiconductor manufacturing and innovation.

A Juniper Research study indicates commercial revenue from quantum technology will surge from $2.7 billion in 2024 to $9.4 billion by 2030, despite only 300 quantum computers being deployed.

Mid-sized businesses under cyber-attack pressure look to Managed Detection and Response (MDR) to bridge security and staffing gaps, navigating an evolving threat landscape.

GPTStrategic and BidWrite have launched bidwritegpt, an AI-driven platform poised to revolutionise tender writing, promising increased efficiency and productivity.