Technology

Microsoft pledges $2.7 billion investment in Brazil’s cloud, AI infrastructure

Microsoft will also launch ConectAI to train five million people over the next three years with AI skills

Microsoft to invest $1.3 billion in Mexico’s cloud, AI infrastructure

Comapany also announced that it will continue to invest in the application of AI, by leveraging the AI for Good program

Elon Musk reveals plans for five uncrewed Mars missions

Musk has often revised Starship timelines, claiming uncrewed Mars landings in five years and human landings in seven 

U.S. White House launches $1 billion fund to boost EV growth, innovation

Fund to invest in innovative companies in battery component and subcomponent manufacturing and materials recycling

South Korea’s KASA, NASA collaborate on deep space exploration, lunar research, and space traffic management

The two entities pledged to identify innovative projects in space life sciences and deep space antennas

Microsoft to launch $30 billion investment fund for AI infrastructure with BlackRock

Funding to mobilize up to $100 billion in total investment potential when including debt financing

Intel awarded up to $3 billion in direct funding for U.S. government semiconductor manufacturing

In 2023, the company successfully delivered the first multi-chip package prototypes under the SHIP program

Amazon to invest $1.8 billion in Brazil by 2034

The company also committed to investing $10.47 billion in its data center operations in the U.K. over the next five years

India to establish national cyber criminal registry, train 5,000 cyber commandos

Home Minister Amit Shah emphasized that the national suspect registry will be vital in preventing future cybercrimes 

Amazon plans over $10 billion investment in U.K. data centers, supporting 14,000 jobs annually

Amazon has made direct investments of more than £56 billion in the U.K. between 2010 and 2022

India, Singapore elevate bilateral ties, ink four deals across key sectors

Singapore, with an investment of around $160 billion in the Indian economy, is a leading economic partner for India

Nokia, AT&T partner to accelerate future-ready fiber broadband growth

Nokia’s Lightspan platform will give AT&T the choice and flexibility to optimize its network to its specific business case and needs

India to produce 6 million chips daily with new semiconductor unit in Gujarat

The chips produced here will serve various industries, including automotive, electric vehicles, consumer electronics

India’s fintech industry attracts $31 billion in investment

Startups in this field have surged by 500 percent, says Prime Minister

ChatGPT’s weekly users exceed 200 million, says OpenAI

The startup also revealed that 92 percent of Fortune 500 companies are using its products

59 percent of EU enterprises embrace digitalization in 2023

Finland emerged as the EU country with the highest level of enterprises reaching a very high level of digitalization at 13 percent

U.S. to award HP $50 million in funding for Oregon facility expansion, modernization

Development and expansion using U.S. funding would boost the lab-to-fab ecosystem that HP has established in Corvallis

India’s bio economy to reach $300 billion by 2030 under new government policy

New policy seeks to foster the development of bio-based products with minimal carbon footprints in India

What to expect from Apple’s highly anticipated fall event on September 9

How Apple aims to reignite global growth with its fall lineup

$30 million data centre inaugurated in Congo to catalyze digital economy

The 400-rack capacity facility is expected boost DRC's digital landscape

North America’s under-construction data center supply rises 70 percent In H1 2024 as demand continues to grow: Report

North America continued to see an increase in data center pricing during the first half of the year albeit at a slower rate than last year

Pakistan’s IT exports surge 32 percent to $297 million in July on software and telecommunications

Software consultancy services saw a significant surge, increasing by 24.53 percent to reach $77.262 million

Taiwan’s TSMC breaks ground on $11 billion chip factory in Germany

TSMC expects to hold a 70 percent stake in the Germany plant, with the other partners will each hold 10 percent