News & Views
Google invests €13 billion in Finnish digital infrastGoogle recently announced their intentions to invest roughly €13 billion in digital infrastructure across Finland over the next two years. This move would put AI facilities, nuclear power and...
Mistral raises €3 billion in funding roundMistral recently raised around €3 billion in a Series D funding round led by Samsung Electronics. This momentum has helped take the French AI player’s valuation above €21 billion...
Data centre spending could hit $32 Trillion by 2050Accord to a recent report published by consultancy group PwC, global spending on data centres is set to hit $31.6 trillion by 2050 as demand for AI computing capacity...
Nvidia to acquire AI startup Hugging FaceNvidia recently agreed to acquire Hugging Face for $13 billion. The company went on to pledge that it would to scale the AI startup’s platform, strengthen infrastructure and expand...
KARTY LLC receives the Visa FinTech Innovation Award foKARTY LLC, Qatar’s leading digital wallet and payment startup, has received Visa’s FinTech Innovation Award, recognising its work to advance digital payments and money management services in Qatar. The...
Google Cloud launches Gemini Enterprise for financial sRecently, Google Cloud unveiled Gemini Enterprise for Financial Services, a purpose-built agentic AI solution engineered for financial professionals. This solution includes a Google-managed Financial Research agent, more than 50...
Nvidia receives Wall Street capital for AI infrastructuNvidia has recently joined forces with some of Wall Street’s largest banks and investors to raise $500 billion in capital for AI infrastructure development. The chipmaker said it had...
New Splunk research reveals downtime is a $600 billion Cisco recently announced the release of Splunk’s latest research, The Hidden Costs of Downtime, revealing the aggregate cost of unplanned downtime for Global 2000 companies has surged to $600...
Anthropic could reach $1 trillion valuationAnthropic recently raised $65 billion in its latest funding round, which took its valuation to $965 billion as investor money continues to pour into AI companies. Financial Times reported...
China examines a $295 billion AI planChina is reportedly planning an investment of around CNY2 trillion ($295 billion) over the next five years to build out data centres across the country. State-owned telecoms operators will...
OpenAI finalises joint venture to support AI deploymentThe Deployment Company is a new joint venture (JV) being finalised by OpenAI with investment firms. This venture aims at helping businesses use its AI software in day-to-day operations....
Anthropic collaborates on enterprise AI services entityAnthropic recently collaborated with Blackstone, Goldman Sachs and private equity firm Hellman & Friedman to launch an enterprise AI services entity with a value of about $1.5 billion. The...
Apple enjoys a record Q2 thanks to China revenueApple‘s outgoing CEO Tim Cook recently highlighted record Q2 revenue on an earnings call, emphasised by a 28% increase in China. The news comes despite supply chain issues for...
Cloud spending crosses the $500 billion markSynergy Research Group recently unveiled their findings about global cloud infrastructure spending by enterprises. The group determined that the spending had surpassed an annualised run rate of half-a-trillion dollars...
Amazon plans to invest billions in Anthropic AIAmazon recently announced plans to invest up to $25 billion in Anthropic as the pair deepen a partnership focussed on developing large scale compute infrastructure for generative AI. The...
Meta Platforms to become a frontrunner in advertising rAccording to a new report from Emarketer, Meta Platforms will soon overtake Google in terms of total advertising revenue by the end of 2026 both globally and within the...
Amazon looks to acquire Globalstar for $11.6 billionAmazon entered into a deal to acquire Globalstar for around 11.6 billion as it looks to bolster its Amazon Leo satellite business with direct-to-device (D2D) services. Amazon stated it...
Kaspersky reports strong 2025 financial resultsKaspersky posted positive sales results that grew by 4%* year-on-year (YoY) and approached USD 836** million in 2025. This expansion was principally driven by a 16% YoY sales growth...
SoftBank takes out loan to fund OpenAI investmentSoftBank Group recently took out a $40 billion bridge loan from a collection of big name financial institutions. In part this move was calculated to cover an additional investment...
AT&T marks anniversary with the promise of a multiAT&T recently celebrated the 150th anniversary of the first telephone call with a plan to invest more than $250 billion over the next five years to strengthen and expand...
