Amazon Web Services (AWS) is investing $11 billion to expand its data centers in St. Joseph County, Indiana. The investment is set to generate more than 1,000 new jobs and significant GDP growth.
The U.S. tech giant said it will also commit toward AI skills training for over 100,000 Thais and support local developers.
Venture capital investment in India doubled sequentially in the March quarter, touching $3.2 billion across 354 deals, outperforming a subdued global market, according to a new report.A total of 313 deals worth $1.6 billion were closed in the December quarter, according to KPMG Private Enterprise Venture Pulse report.Fintech continued to attract investor attention in India though marked by smaller deal sizes with key transactions such as KreditBee ($209 million), SK Finance ($160 million), and...
Microsoft is committing to Thailand’s AI development. This investment comes as part of a broader push into Southeast Asia, where Microsoft has already announced a massive investment in Indonesia just a couple of days ago. The main part of Microsoft’s plan is the construction of Thailand’s first Azure data center, along with investments in AI infrastructure. This will provide resources for Thai businesses and […]
- Canada's Brookfield Asset Management is set to develop new wind and solar farms with backing from tech giant Microsoft in an attempt to bring 10.5 gigawatts of generating capacity online, the Financial Times reported on Wednesday. Microsoft expects its partnership with Brookfield to help finance the creation of renewable electricity projects to be built between 2026 and 2030, beginning in the U.S. and Europe, according to the newspaper. The deal underscores the race to meet clean energy...
Google will invest 600 million euros to construct a new data center on the industrial estate Westpoort in Groningen. This will be the tech company's fourth data center in the Netherlands, and the company reported that it has invested around 3.8 billion euros in the Netherlands thus far. Google already has a data centre at Eemshaven in Groningen. There are auxiliary facilities at Winschoten and in the west of the city. These complexes are known for using a relatively high amount of electricity.
Venture capital (VC) operation General Catalyst has reportedly raised almost $6 billion for technology startups. The company, which has invested in Stripe, Snap and Mistral, could close its newest fund as soon as May, the Financial Times reported Sunday (April 28), citing sources familiar with the matter who say the funds will be invested in various sectors including defense, space, climate, […]
Semiconductors form the backbone of modern electronics, powering everything from smartphones and computers to advanced medical devices and innovative military technology. The United States has long been a leader in semiconductor manufacturing, but in recent years, the industry has faced increasing competition from overseas manufacturers. Recognizing the strategic importance of maintaining a strong domestic semiconductor […]
Google is bullish on its investment in data centers in the Netherlands as the company is investing €600 million to build a third one in the European country with a huge focus on sustainability.
A think tank has called for the creation of a 'British Library' of the public's data to help improve Britain's position in the global AI race.
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%.
Aging properties are more likely to have issues with heating and cooling systems, outdated appliances and structural problems.