Investment stories - Page 11

A report by the Social Market Foundation reveals the UK ranks last for 5G connectivity among 15 global markets, with coverage only 10% of the time.

Belgium-based start-up Enky launches its subscription furniture service in the UK, focusing on sustainability and the circular economy for businesses.

Mobii Green Energy Group has partnered with North Rakaia Ltd to launch a green hydrogen data centre in Canterbury, featuring an initial investment of USD $2 billion.

Layer has raised USD $6 million in seed funding to enhance trust in internet software, spearheading advancements in decentralised application technology.

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.

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.

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 and DNeX partner to offer sovereign cloud services in Malaysia, targeting industries with strict data needs like finance and healthcare.

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 unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.

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 has secured a $20 million boost from Tiger Global in its Series B funding, raising the total to $35 million to enhance cooling solutions.

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.