Tag: spend
Dubai’s Damac Group to Spend $1B in Thai Data Center Push
(Bloomberg) -- A subsidiary of Dubai-based Damac Group is investing round $1 billion in a knowledge heart venture…
Google to Spend $1B in Thailand in Asia AI Push
(Bloomberg) -- Alphabet’s Google plans to take a position $1 billion to construct knowledge facilities in Thailand, becoming…
Singtel, KKR spend $1.3B in data center segment with two deals
Singtel and KKR collectively make investments $1.3 billion to take a minority stake in ST Telemedia World Information…
Report: AWS to spend billions on new cloud data center infrastructure in Italy
Amazon.com Inc.’s cloud computing enterprise is holding talks with the Italian authorities over a possible multibillion-dollar funding that…
UK Regulator Doubles AWS Spend While Investigating Cloud Giant | DCN
This article originally appeared in Channel Futures. The UK’s Competitors and Markets Authority (CMA) is ready to double its cloud…
AI fuels almost 30% increase in IT modernisation spend, but firms are unprepared for data demands
Couchbase, a cloud database platform firm, has launched the findings from its seventh annual survey of world IT…
Edge computing to face a paradigm shift as worldwide spend is set to exceed $232 billion
Worldwide spending on edge computing is predicted to be $232 billion in 2024, a rise of 15.4% over…
Edge Computing Spend to Hit $232B in 2024, Fueling AI Deployment
International funding on edge computing is anticipated to succeed in $232 billion in 2024, a 15.4% rise from…
Telcos to spend $20B on AI network orchestration by 2028
Telecom companies are expected to increase their spending on AI for automating network management to $20 billion by…
China cloud infrastructure spend hits $9.2bn in Q3 with ‘relentless’ AI focus
Spending on cloud infrastructure services in mainland China hit $9.2 billion USD (£7.29bn) in the third quarter of…
Amazon, Meta, and enterprise spend to drive data centre growth
“Worldwide data center capex is projected for only a 4 percent growth in 2023. The slowdown in general-purpose…