Investment stories - Page 7
Intel & AWS expand partnership with USD $7.8 billion investment
Tue, 17th Sep 2024
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it in manufacturing
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hyperscale
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collaboration
Intel and AWS boost partnership with multi-year, multi-billion-dollar investment in custom AI chips, aiming to enhance U.S. semiconductor manufacturing and innovation.
Quantum tech revenue to surge from $2.7bn to $9.4bn
Tue, 17th Sep 2024
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partner programmes
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quantum computing
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investment
A Juniper Research study indicates commercial revenue from quantum technology will surge from $2.7 billion in 2024 to $9.4 billion by 2030, despite only 300 quantum computers being deployed.
How MDR will transform cybersecurity in the mid-market
Mon, 16th Sep 2024
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ransomware
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siem
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phishing
Mid-sized businesses under cyber-attack pressure look to Managed Detection and Response (MDR) to bridge security and staffing gaps, navigating an evolving threat landscape.
GPTStrategic, BidWrite partner to launch bidwritegpt
Thu, 12th Sep 2024
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ai agents
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productivity
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autonomy
GPTStrategic and BidWrite have launched bidwritegpt, an AI-driven platform poised to revolutionise tender writing, promising increased efficiency and productivity.
UK businesses lag in cybersecurity & tech connectivity
Thu, 12th Sep 2024
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risk & compliance
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ai
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cybersecurity
Only 25% businesses in the United Kingdom see themselves as cybersecurity leaders, placing the UK last among surveyed countries.
Oracle unveils new cloud services to boost customer success
Thu, 12th Sep 2024
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hybrid cloud
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ai
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cloud services
Oracle has unveiled Oracle Cloud Success Protection and Assurance Services, enhancing cloud investments with proactive support, guided learning, and 24/7 technical assistance.
SAP Concur highlights complexities in return on investment in AI
Wed, 11th Sep 2024
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ai
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sap
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accounts payable
Businesses must navigate complexities to unlock the ROI in AI and automation, focusing on data management, security, and strategic implementation.
AI reduces software development time by up to 50%, survey finds
Wed, 11th Sep 2024
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devops
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apm
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low-code
A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.
HeyFlow secures GBP £235,000 from Aer Venture Studios
Wed, 11th Sep 2024
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storage
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ai
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workplace
HeyFlow has secured GBP £235,000 from Aer Venture Studios to enhance its platform, tackling workplace reproductive health issues and promoting gender inclusion.
Forrester's 2025 predictions reveal mixed trends in AI & tech
Wed, 11th Sep 2024
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digital transformation
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aiops
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ai
Forrester's 2025 Predictions reports forecast AI and tech trends, highlighting AI investment pitfalls and increased AIOps adoption to manage tech debt.
QuantumLight, Revolut CEO release guide for startup founders
Wed, 11th Sep 2024
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investment
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venture capital
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performance management
QuantumLight, led by Revolut's CEO Nik Storonsky, releases a playbook for tech startup founders on building high-performance teams, based on Revolut’s success.
True IDC to invest THB ฿10bn in data centre expansion
Tue, 10th Sep 2024
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power / energy
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cleantech
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investment
True IDC to invest over THB 10 billion in expanding its data centre and cloud business from 2024 to 2027, aiming to be Thailand's largest data centre.
BGF invests £16.5 million in fintech firm Twenty7tec
Tue, 10th Sep 2024
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fintech
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investment
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growth
BGF injects £16.5 million into fintech firm Twenty7tec to boost product development and expand market reach, appoints Angela Williams as Chair.
AI startup Shutterspeed gains Techstars backing
Tue, 10th Sep 2024
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devops
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apm
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software development
Startup Shutterspeed secures backing from global venture capital firm Techstars, marking a significant achievement for Kiwi tech with its AI-driven business assistant for creatives.
Shire Leasing launches new Tech Finance division for SMEs
Mon, 9th Sep 2024
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investment
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smes
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it infrastructure
Shire Leasing launches a technology finance division to help small and medium businesses access financial solutions for IT investments.
STT GDC to invest USD $3.2 billion in India's digital growth
Fri, 6th Sep 2024
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digital transformation
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hyperscale
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dc
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 Australia reports modest growth for the year ending March 2024
Thu, 5th Sep 2024
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toshiba
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investment
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financial results
Toshiba reports modest growth for the year ending March 2024, with steady revenue increases balancing rising operational costs and strategic investments.
Aerospike sees 51% revenue boost in Q2 2024 with AI demand
Thu, 5th Sep 2024
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paas
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iaas
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ai
Aerospike reports a 51% revenue surge in Q2 2024, fuelled by rising demand for scalable AI solutions and bolstered by a $114m investment.
Moneybox partners with Aurum Solutions to automate reconciliations
Thu, 5th Sep 2024
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digital transformation
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investment
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automation
Moneybox has partnered with Aurum Solutions to automate its reconciliation processes amid a 43% growth in assets.
AI drives productivity with minimal job loss in New Zealand
Wed, 4th Sep 2024
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genai
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ai
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productivity
AI is boosting productivity with minimal job loss in New Zealand, reveals new research by AI Forum NZ, Victoria University, and Callaghan Innovation.