Microsoft plans to invest $3bn to boost cloud and AI in India
Tech giant Microsoft has unveiled plans to invest $3bn to bolster cloud and AI infrastructure in India over the next …
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Malaysia and Singapore agree to special economic zone in Johor
Malaysian and Singaporean officials have announced that they finalised an agreement to form an SEZ on 7 January. Malaysian Prime …
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Damac’s Edgnex Data Centres unveils $20bn mega investment in the US
UAE-based digital infrastructure company Edgnex, part of the Damac Group, a UAE-headquartered property development company, has announced plans to invest …
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Indonesian officials to discuss Apple investment proposal
Indonesian officials are set to meet with Apple representatives today (7 January) to discuss the company's investment proposal, according to …
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Five key practical AI applications that are transforming modern business
GlobalData’s Tech Sentiment Polls Q3 2024 found that, of 1,477 respondents, 53% believed artificial intelligence (AI) would significantly impact their …
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WinWire sets up a new global innovation centre in Bengaluru, India
California-headquartered WinWire, a provider of AI transformation services, has announced the opening of its new Global Innovation Centre in Bengaluru. …
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Biden blocked the Nippon Steel deal. Now they are suing
Nippon Steel’s $15bn (Y2.35trn) bid to take over US Steel was officially shut down by US President Joe Biden last Friday. The …
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Renalfa IPP acquires 258MWac solar PV project in Romania
Renalfa IPP, a Vienna-based renewable energy company, has acquired a 258MWac (megawatt of alternating current) solar photovoltaic (PV) project in …
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Italy reportedly nearing $1.6bn security services deal with SpaceX
Italy is in advanced negotiations with SpaceX to secure a deal that would provide the country with enhanced secure telecommunications …
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Phoenix Group boosts US presence with new crypto mining facility
UAE-based technology conglomerate Phoenix Group has unveiled a new 50-megawatt (MW) cryptocurrency mining facility in North Dakota, US. The new site …
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Indovance targets global growth with new Pune facility
Indovance, a CAD software solution provider, has opened a new offshore delivery hub in the Indian city of Pune. The new facility, inaugurated …
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ACG boosts Asia presence with capsule manufacturing facility in Thailand
Indian pharmaceutical manufacturer ACG has opened a new capsule production facility in Rayong, Thailand. The new site is aimed at helping …
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Netherlands expands foreign investment screening for tech
The Dutch government announced it will add biotech, artificial intelligence (AI), nanotechnology and sensor and navigation technology to its investment …
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Chery launches automotive spare parts distribution centre in UAE
Chery, a Chinese automotive brand, has opened what it claims to be the largest automotive spare parts distribution centre in …
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Mexico imposes 35% import tariffs on textile sector
Mexico has raised import tariffs for products affecting its domestic textile industry to up to 35%, Economy Minister Marcelo Ebrard …
