The sub-Saharan African data centre company, Raxio Group, has announced an agreement with the International Finance Corporation (IFC) (a member of the World Bank Group), having secured $100 million in financing. The investment is set to boost Raxio’s expansion of data centres in Africa in the next three years. The funds will support data centre […]
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Meta Platforms is reportedly behind a planned data centre development in central Wisconsin valued at close to $1 billion, according to a person familiar with the matter. The project is part of a broader push by major tech firms to expand infrastructure in support of artificial intelligence and cloud computing. Wisconsin approved an incentive package […]
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Microsoft has paused or delayed several data centre projects around the world, reflecting a recalibration of how and where it builds the infrastructure to support artificial intelligence and cloud services, according to Bloomberg. Development activity has been scaled back or put on hold in countries including Indonesia, the UK, and Australia, as well as in […]
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Huawei Cloud has announced several solutions and technologies at the Huawei Cloud Go-Global Summit 2025 (Chongqing, China, March 24-25), designed to support Chinese companies developing their businesses to serve overseas markets. Jacqueline Shi, President of Huawei Cloud’s Global Marketing and Sales Service (see image above), said the key to expansion was a change in practice, […]
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Oracle UK cloud has announced plans to invest US$5 billion to expand its cloud infrastructure in Britain over the next five years. The March 17 announcement aims to support the UK Government’s priorities for what it terms on AI-driven future, and meet global demand for Oracle’s cloud computing services. The investment will expand Oracle Cloud […]
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Oracle is in talks with the Indonesian Government to set up a cloud services centre on Batam Island, according to people familiar with the discussions. The move reflects Oracle’s effort to expand its data centre presence in Southeast Asia. According to Bloomberg, the company is apparently looking into Nongsa Digital Park in Batam as a […]
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CoreWeave, an Nvidia-backed artificial intelligence startup, has struck a five-year agreement worth $11.9 billion with OpenAI. The agreement means CoreWeave is to provide AI infrastructure for OpenAI as it prepares for its initial public offering (IPO). Under the agreement, OpenAI will receive $350 million of CoreWeave shares through a private placement when the company floats […]
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Tencent Cloud has signed a partnership agreement with TrueWatch, a Singapore-based provider that offers a unified monitoring platform. The agreement was formalised at the Tencent Cloud Day event in Indonesia recently and is designed to allow TrueWatch to launch its observability platform on Tencent Cloud’s Indonesia Availability Zone. It aims to improve monitoring capabilities, reduce […]
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Google Cloud is expanding its telecom partnerships with Deutsche Telekom and Vodafone Italy, focusing on AI-driven network operations and cloud-based data modernisation. AI-powered RAN optimisation with Deutsche Telekom Google Cloud and Deutsche Telekom are working together to enhance Radio Access Network (RAN) operations using Google’s Gemini 2.0 AI model. The collaboration introduces RAN Guardian, an […]
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CoreWeave, a cloud computing provider known for supplying Nvidia GPUs to companies such as Meta and Microsoft, has filed for an initial public offering (IPO) on Nasdaq under the ticker CRWV. As reported by CNBC, CoreWeave reported a 700% boost in revenue in 2024, reaching $1.92 billion, while recording a net loss of $863.4 million […]
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