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Key Takeaway The new portfolio, designed for the AI era, aligns with the DOE’s mission to enhance U.S. leadership in AI and supercomputing across various sectors. It supports the U.S. AI Action Plan for secure national AI infrastructure. Antonio Neri, HPE’s CEO, emphasized the importance of this initiative, building on the success of the Frontier […]
Key Takeaway Google is investing $9 billion in South Carolina to enhance its data center infrastructure, promote energy affordability, and train the local workforce for careers in tech and energy. Ruth Porat, President and Chief Investment Officer at Alphabet, emphasized that this investment will support job growth and secure South Carolina’s role in the company’s […]
Key Takeaway Aligned Data Centers is set to be acquired for US$40 billion by a consortium of major tech and investment firms, including Nvidia, Microsoft, xAI, and BlackRock. This acquisition underscores the growing importance of hyperscale and AI-ready data centers in the digital economy. The deal, facilitated by the Artificial Intelligence Infrastructure Partnership and BlackRock’s […]
Key Takeaway Technology firms are increasingly targeting Latin America for AI expansion, aiming to tap into local talent and meet demand for autonomous solutions. Salesforce plans to invest $1 billion in Mexico over the next five years to enhance its operations. This investment will support the development of its Agentforce platform, establish a new headquarters […]
Key Takeaway Centersquare CEO Spencer Mullee announced a significant acquisition package valued at $1 billion, emphasizing its role in enhancing the company’s growth and market strength. The acquisitions, funded entirely with cash reserves, include facilities across the US and Canada, notably in Boston, Minneapolis, Dallas, and Toronto. This expansion aims to meet the rising demand […]
Key Takeaway DoorDash’s recent acquisition of Deliveroo significantly expands its international presence, particularly in markets where it previously had limited influence. Deliveroo operates in nine countries, with the UK and Ireland accounting for 59% of its business in 2023, making them key to DoorDash’s European strategy. This deal follows DoorDash’s 2022 acquisition of Wolt Enterprises, […]
Key Takeaway Vantage Data Centers is prioritizing resource efficiency in its new campus design, featuring a closed-loop chiller system that significantly reduces water usage for cooling, potentially saving billions of gallons annually. The facility aims for LEED certification, reflecting its commitment to sustainability amid growing environmental concerns regarding data centers. Additionally, the project is set […]
Key Takeaway Trump is targeting Intel’s CEO, Lip-Bu Tan, due to alleged ties to Chinese businesses, calling for his immediate resignation on Truth Social. He claims Tan has invested over $200 million in Chinese firms since 2012. Republican Senator Tom Cotton supports Trump’s stance, citing Tan’s previous leadership at Cadence Design Systems, which faced export […]
Key Takeaway In response to US trade challenges, Apple is shifting its supply chain strategy to focus more on domestic manufacturing. The company plans to relocate a significant portion of its iPhone production to the US and has launched the American Manufacturing Program (AMP) to enhance advanced manufacturing within the country. Apple announced a US$100 […]
Key Takeaway HSBC aims to achieve net zero emissions by 2050, focusing on helping customers transition to sustainable practices. The bank plans to facilitate between US$750 billion and US$1 trillion in sustainable finance by 2030, with US$54.1 billion already allocated in the first half of 2025. HSBC’s strategy includes continuous review of interim targets for […]
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