Investment stories - Page 6

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 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.

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.

Australian and global CEOs prioritise Generative AI investments despite economic concerns, with most expecting returns in three to five years.

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 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.

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.

Rod Hamilton, ex-Culture Amp co-founder, joins Rampersand as Venture Partner, bringing product expertise to the venture capital firm's portfolio of startups.

BAM Mutual debuts bond insurance in Australia, targeting energy transition and social infrastructure, aiming to expedite and economise key projects in the region.