Archive for the ‘AI’ Category

ByteDance to invest $2.1b in Malaysia; making it an AI hub for the region

June 19, 2024
Jabez Tan

ByteDance, owners of social media platform TikTok, plans to expand its data centre capacity in Malay...

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Bulk secures investment to fund AI-related capacity in southern Norway

June 18, 2024
Sacha Kavanagh

Bulk Infrastructure secured a €350m equity investment from BGO (BentallGreenOak), which has now in...

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Alibaba Group reports FY4Q24 results; Alibaba Cloud continues slow growth patterns

June 17, 2024
Philbert Shih

Alibaba Group recently reported its FY4Q24 results (CY1Q24), which included some details for the Ali...

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Oracle reports 4QFY24 results; Oracle Cloud with strong forward momentum, driving wider business

June 17, 2024
Philbert Shih

Oracle reported its 4QFY24 results, which showed more forward momentum. In terms of the wider Oracl...

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1Q24 IB: AI sparking company formation across segments, partnerships for scenarios

June 14, 2024
Philbert Shih

Rapidly emerging AI demand has sparked a wave of new company formation. ...

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1Q24 IB: Hyperscale CapEx trending upwards on long-term basis; multiple drivers

June 14, 2024
Philbert Shih

Hyperscale platforms continue to increase CapEx spending to support cloud infrastructure expansion p...

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1Q24 IB: Hyperscalers doubling down on cloud investments, fuelled by AI

June 14, 2024
Philbert Shih

AWS and Microsoft Azure are aggressively pumping more capital into markets around the world to suppo...

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1Q24 IB: GPU cloud providers raising more capital

June 14, 2024
Philbert Shih

GPU cloud providers continue to raise capital to support growth and expansion. ...

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Microsoft unveils two year $3.2b investment in Sweden

June 13, 2024
Sacha Kavanagh

Microsoft’s latest announcement for Europe is Sweden, where it plans to invest $3.2b over two year...

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DigitalBridge 1Q24 earnings focuses on power constraints; data points on pricing, self-perform

June 10, 2024
Vivian Kong

DigitalBridge highlighted the issue of power constraints as a major challenge for its business and t...

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CoreWeave to build European data centre infrastructure footprint in Nordics, Spain

June 10, 2024
Philbert Shih

CoreWeave confirmed plans to expand its data centre infrastructure footprint in Europe. ...

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CoreWeave to lease 200MW from Core Scientific; offer to acquire rejected in signal of demand levels

June 10, 2024
Philbert Shih

Core Scientific disclosed a significant data centre colocation deal with GPU-oriented cloud provider...

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