AI driving big spending on Cloud Infrastructure: IDC Report
A recent report by the International Data Corporation (IDC) has revealed that spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 36.9 percent year-over-year (YoY) in the first quarter of 2024 (1Q24) to US$33.0 Billion. This was largely on the back of the Artificial Intelligence (AI) boom. […]
Vietnam Opens Doors to Foreign Data Center Investors
Vietnam has made a surprising about-face, welcoming foreign investment in its data center sector after strict data storage rules backfired. The new Law on Telecommunications, effective last week, eliminates foreign ownership restrictions for data and cloud providers, a stark contrast to the 49% cap on foreign investment in many other Vietnamese industries. This shift comes […]
Keppel DC REIT Expands to Japan, Acquiring Tokyo Data Center for $201 Million
Singapore’s Keppel DC REIT has taken a major step towards Asia-Pacific data center dominance by acquiring its first property in Japan, the strategically located Tokyo Data Centre 1. This $201 million deal marks the company’s entry into the second-largest data center market in Asia, a sector projected for explosive growth over the next five years. […]
AMD to Acquire Silo to Expand Enterprise AI Solutions Globally
July 11, 2024 — AMD (NASDAQ: AMD) today announced the signing of a definitive agreement to acquire Silo AI, the largest private AI lab in Europe, in an all-cash transaction valued at approximately $665 million. The agreement represents another significant step in the company’s strategy to deliver end-to-end AI solutions based on open standards and in strong partnership with the global […]
Ericsson: The telco transition can create value
“How far we have come …” As the 5G core network vendor of choice for all of the big three operators in Australia, plus Spark in New Zealand, Ericsson is at the heart of the future direction of mobile network infrastructure and the inevitable push towards virtualisation which is transforming how network services are deployed […]