Investment stories

STT GDC to invest USD $3.2 billion in India’s data centre expansion, tripling its IT load capacity over the next 5-6 years amid rising digital demand.

Toshiba reports modest growth for the year ending March 2024, with steady revenue increases balancing rising operational costs and strategic investments.

Aerospike reports a 51% revenue surge in Q2 2024, fuelled by rising demand for scalable AI solutions and bolstered by a $114m investment.

Moneybox has partnered with Aurum Solutions to automate its reconciliation processes amid a 43% growth in assets.

AI is boosting productivity with minimal job loss in New Zealand, reveals new research by AI Forum NZ, Victoria University, and Callaghan Innovation.

Outsource Group partners with Palo Alto Networks, becoming the exclusive Cortex MSSP in Ireland. The deal could yield millions, strengthening cyber security offerings.

Arrow Electronics and Citrix have struck a strategic distribution deal to streamline Citrix license services across North America and EMEA, starting 1 October 2024.

IDHL moves into a 9,600 sq ft space at 10 South Parade, Leeds, with a new 10-year lease, doubling its office size to support its 400-strong workforce.

Zendesk launches an outcome-based pricing model for its AI agents, aligning costs with resolved issues to enhance transparency and ensure tangible returns.

Implementing financial wellness programs can help Australian companies save significantly by reducing absenteeism and staff turnover, boosting productivity.

Australia's food sector eyes AI to boost efficiency and transparency. While major firms embrace AI, smaller players need strategic guidance to leverage its benefits.

SleekFlow secures USD $7 million in Series A+ funding led by Atinum Investment, pushing its total to USD $15 million to fuel global expansion and AI advancements.

Fresha secures a $31 million venture debt facility from J.P. Morgan to fuel expansion, enhance AI capabilities, and support new market entries.

MicroLED technology is set to revolutionise the automotive industry with brighter, more durable, and energy-efficient displays and lighting, enhancing both safety and efficiency in future vehicles.

Easy Crypto debuts a new wallet for Australian investors, simplifying crypto trading and storage for beginners with advanced security features.

New Zealand’s ed-tech star Kami secures major investment from Boston Ventures, boosting its valuation to $300 million and reaffirming its global ambitions.

HSBC and Singlife lead in customer experience in banking, investments, and insurance, says Forrester's 2024 Singapore CX Index.

LG Electronics pledges USD $10 million to SBVA's Alpha Intelligence Fund, targeting AI and deep-tech startup growth and future business innovation.

Rimini Street CEO Seth Ravin has discussed the company's rise and strategies to help clients optimise IT budgets amidst economic pressures.

CD&R and CVC will co-own Epicor, a leader in enterprise SaaS, under a new agreement enhancing SaaS migration and global expansion; financial terms undisclosed.