Masdar to collaborate with International Finance Corporation for climate action
Masdar, one of the world’s fastest-growing renewable energy companies, has signed an agreement with the International Finance Corporation (IFC), the largest global development institution focused on the private sector in developing countries, to explore collaboration in supporting climate action for emerging markets. This development is bound to help data centers in the region, which consume […]
Kotak Investment Advisors plans to raise USD 800 million through the Kotak Data Centre Fund
Kotak Mahindra Bank-led arm announced that it raised USD 590 million (roughly Rs 4,885 crore) for investments in data centers in the country. According to a statement filed in the exchanges, Kotak Investment Advisors (KIA) plans to raise USD 800 million through the Kotak Data Centre Fund, and this is the first close for the […]
Uber Partners with Google & Oracle to Migrate its Data Center Contents onto Cloud
Uber, an American transportation network company, has struck agreements with cloud giants Oracle and Google to migrate 95% of the contents of its data centers onto the cloud, with plans to use other services like Google Ads, the Google Maps platform, and database provider Cloud Spanner. According to Dara Khosrowshahi, CEO of Uber, both agreements […]
South Korea Opens Massive Computing Data Center for AI Research
The South Korean Science Ministry has announced the opening of a massive computing data center for artificial intelligence research as part of the country’s strategy to create a top-tier AI research network. According to the Ministry of Science and ICT, the Research Data Center of AI Innovation Hub, housed in Korea University’s Seoul campus, is […]
Tech Data to expand its cloud portfolio into Australian market
Tech Data has made an entrance for its enhanced cloud services portfolio into the Australian market. The expanded portfolio of cloud services includes managed services, where resellers will be able to drive value for customers and help accelerate their move to cloud, while the independent software vendor (ISV) solutions factory will help with app modernization […]
Huawei to invest $400 million in a cloud region in Saudi Arabia
Huawei announced a $400-million-dollar investment in a cloud region in Saudi Arabia, which will be distributed over the next five years. Announcing the news during LEAP 2023, Saudi Arabia’s largest and most comprehensive Information and Communications Technology exhibition, Huawei expects that the funding will boost the region’s digital economy and provide access to more advanced […]
Telkom Indonesia to reinforce 5G transport network with time synchronization
NEC Corporation and ADVA will join in deploying time synchronization solutions for Telkom Indonesia, the largest fixed network operator in Indonesia, to facilitate the operator’s transport network preparation to deliver time-sensitive 5G services across the country. New service monetization, such as the provision of ultra-low latency applications, is essential for mobile operators to build momentum […]
Shenzhen to Add 10,000 5G Base Stations to Bolster Internet Connectivity & Digital Economic Activity
Shenzhen, China’s Silicon Valley and the richest city in southern Guangdong province, plans to add 10,000 5G base stations this year as part of a strategy to improve internet access and digital economic activity in the metropolis, according to the local authorities. The Shenzhen municipal government’s Industry and Information Technology Bureau last week released a […]