Investment stories
Oracle invests USD $6.5 billion in AI & cloud in Malaysia
Yesterday
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digital transformation
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data analytics
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hyperscale
Oracle plans to invest over USD $6.5 billion in AI and cloud services in Malaysia, launching a new public cloud region for enhanced digital capabilities.
Aussie firms lead AI shift with strong digital literacy push
Last week
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ai
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leadership
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digital literacy
Australian companies outpace US, UK, and Europe in AI readiness, with 90% prioritising AI literacy and GTM leaders gearing up for a 20% tech investment increase by 2025.
ANZ SOC teams distrust legacy tools, turn to AI solutions
Last week
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soc
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advanced persistent threat protection
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ai security
A Vectra AI report reveals 69% of ANZ SOC practitioners fear missing cyber threats due to legacy tools, while AI gains trust as a modern solution.
Google Cloud & DNeX partner to boost Malaysia's cloud tech
Last week
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ai
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ml
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investment
Google Cloud and DNeX partner to offer sovereign cloud services in Malaysia, targeting industries with strict data needs like finance and healthcare.
LitUp signs MoU with International Gateway for USD $300m plan
Last week
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network infrastructure
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investment
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connectivity
LitUp Network and International Gateway Company have inked a USD $300 million MoU to enhance Thailand's network infrastructure, boosting their ASEAN presence.
Capmont Technology launches €100m fund for B2B tech startups
Last week
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robots
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iot
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cybersecurity
Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.
Princeton Digital to invest USD $5 billion in Asian expansion
Last week
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ai
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indonesia
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malaysia
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.
ANZ leaders invest USD$15 million in generative AI for 2024
Last week
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genai
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ai
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software development
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 to boost tech investments by 23% next year
Last week
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ai
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investment
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generation z
UK business leaders are set to boost tech investments by 23% due to AI innovations, a new study from Seismic reveals.
UK firms boost AI spending 177%, ChatGPT leads with 835% rise
Last week
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ai
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productivity
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spending
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 invests USD $1 billion in Thailand's digital future
Last week
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jobs
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alphabet
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google
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 in Victoria amid growing demand for education
Last week
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edutech
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investment
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not for profit
Consent Labs expands operations in Victoria to meet demand for consent education, supported by a Federal Government investment of AUD $117.6 million.
Tiger Global invests $20 million into LiquidStack's Series B
Last month
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datacentre infrastructure
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it in manufacturing
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hpc
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.
‘How much crypto users buy’ is the wrong success metric for a crypto exchange
Last month
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mfa
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cryptocurrency
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blockchain
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 optimistic on growth, shift to proactive deal strategies
Last month
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ai
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cleantech
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climate change
UK CEOs are growing optimistic and shifting towards proactive deals. Investment in tech and strategic transactions are key.
Australian councils urged to invest in tech for trust boost
Last month
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ai
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transparency
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datacom
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 CEOs prioritise AI investment despite uncertainties
Last month
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dei
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genai
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ai
Australian and global CEOs prioritise Generative AI investments despite economic concerns, with most expecting returns in three to five years.
Salesforce to offer free AI training to close skills gap
Last month
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martech
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it training
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cdp
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 secures grid link for EUR €3.5 billion data centre
Last month
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power / energy
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investment
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construction
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.
HBS highlights DBS's pioneering AI strategy in banking
Last month
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digital transformation
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cx
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martech
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.