Investment stories - Page 4
New Zealand invests NZD $20bn in data infrastructure boom
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uc
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digital transformation
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ai
New Zealand is set to transform its economy with over NZD $20 billion in data centre investments, positioning itself as a key player in the Asia-Pacific digital landscape.
Stargate Project to invest USD $500bn in AI for OpenAI
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ai
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agi
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microsoft
The Stargate Project has unveiled a monumental investment of USD $500 billion aimed at bolstering artificial intelligence infrastructure in the US over four years.
XTI Aerospace to acquire 30% stake in ReadyMonitor
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drones
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daas
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ai
XTI Aerospace has signed a non-binding Memorandum of Understanding to acquire a 30% stake in Drone-as-a-Service leader ReadyMonitor, enhancing VTOL tech.
Comcast invests $7 million to boost Kingsland's internet
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uc
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network infrastructure
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cybersecurity
Comcast's $7 million investment has introduced high-speed Internet services to Camden County, significantly enhancing connectivity for Kingsland residents and businesses.
Vertice secures $50 million to optimise enterprise spend
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saas
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procurement
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spending
Vertice has secured $50 million in Series C funding, boosting its total to over $100 million, aimed at enhancing global procurement processes.
Abnormal Security appoints new CFO ahead of public listing
Last month
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saas
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ai
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cybersecurity
Abnormal Security has appointed Lisa Banks as Chief Financial Officer as it gears up for an initial public offering, aiming for over USD $1 billion in annual revenue.
UK unveils £14 billion AI plan with tech sector backing
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cx
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martech
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risk & compliance
The UK aims to lead in artificial intelligence with a new AI Opportunities Action Plan and GBP £14 billion investment from tech firms to enhance various sectors.
Boba Mint acquires 50% stake in Werd Studios for USD $2.55M
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investment
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distributed ledger technology
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venture capital
Boba Mint Holdings plans to acquire a 50% stake in Toronto's Werd Studios for USD $2,550,000, aiming to enhance its blockchain gaming initiatives.
Canada invests CAD $7.3m to boost Quebec business growth
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investment
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entrepreneurship
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business support
Canada's government has announced an investment of over CAD $7.3 million towards eight projects aimed at boosting local businesses in Quebec's Outaouais and Laurentides regions.
BPR Hub raises USD $2.6m to simplify compliance for SMEs
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devops
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apm
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risk & compliance
BPR Hub has secured USD $2.6 million in seed funding to tackle manufacturing compliance challenges, aiming to simplify regulatory processes for businesses worldwide.
Aligned Data Centers secures USD $12 billion for expansion
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digital transformation
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hyperscale
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cloud services
Aligned Data Centers has successfully raised over USD $5 billion in equity and USD $7 billion in debt to expand its AI infrastructure across the Americas.
Young entrepreneurs launch Echo AI note-taking assistant
Last month
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data protection
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biometrics
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software development
Young British entrepreneurs Charlie Gray and Ben O'Nion have launched Echo AI, an AI-driven note-taking assistant, with a GBP £2 million investment to boost productivity.
UK space investment soars, creating jobs & educational prospects
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edutech
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spacetech
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cloud services
Investment in the UK's space sector has surged by 435% since 1990, creating nearly 49,000 jobs and fostering educational opportunities for future generations.
JLL appoints regional co-heads for Asia Pacific data sector
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hyperscale
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dc
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investment
JLL has expanded its Asia Pacific data centre capital markets platform, appointing Luke Jackson and Bob Tan as regional co-heads to enhance investor services.
Commpete backs AUD $3bn fibre upgrade, urges caution
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uc
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digital transformation
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telco
Commpete has cautiously welcomed the Australian Government's AUD $3 billion investment to upgrade fibre connections, urging attention to emerging technologies and timeline adherence.
Harvey Norman reports mixed Financial Results for FY2024
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harvey norman
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investment
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financial results
Harvey Norman New Zealand reports a 6.1% drop in revenue to NZD $1.05 billion for FY2024, yet maintains profitability with a net profit of NZD $33.4 million.
SOUTHSTART event expected to drive innovation & connection
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collaboration
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agritech
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investment
Australia's leading start-up festival, SOUTHSTART, has revealed its 2025 programme, taking place in Adelaide from March 4 to 6, to connect industry leaders.
Keir Starmer unveils AI action plan to drive growth & innovation
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edutech
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digital transformation
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data privacy
In a bid to enhance its position in AI innovation, Prime Minister Keir Starmer has unveiled the AI Opportunities Action Plan, aiming for GBP £47 billion growth and ethical standards.
Patients Know Best secures GBP £6m for PHR expansion
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healthtech
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capital
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digitalisation
Patients Know Best has raised GBP £6 million in funding from Growth Lending to enhance its Personal Health Record platform, supporting NHS digitalisation efforts.
Quantum computing remains distant despite advancements
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paas
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encryption
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iaas
A Forrester report reveals that while quantum computing has made strides, practical applications remain a decade away due to persistent challenges.