AI market could grow to US$990 billion by 2027: Bain & Co report
The Artificial Intelligence (AI) boom is only beginning. As per Bain & Company’s 5th Annual Global Technology Report, the market for AI products and services is expected to grow between 40 and 55 percent annually, and reach between US$ 780 – 990 billion by 2027. Bain & Co., a global consultancy firm, shared its findings […]
Digital Dubai picks Moro Hub to develop Data and AI Platform
Digital Dubai, the government entity overseeing digital transformation in Dubai, announced that it is developing a Dubai Data and Artificial Intelligence Platform, and that it has awarded a contract to Moro Hub – Data Hub for Integrated Solutions (Moro), a subsidiary of Digital DEWA, the digital arm of the Dubai Electricity and Water Authority (DEWA), […]
NTT Eyes Singapore for Billion-Dollar Data Center REIT
Nippon Telegraph & Telephone Corp (NTT) is exploring the possibility of listing a data center real estate investment trust (REIT) in Singapore. According to sources familiar with the matter, the company could raise up to US$1 billion through this initial public offering (IPO). The proposed REIT would likely include data center assets valued between US$2 […]
Cloud Carrier Launches “Next-Generation” Data Centre Purpose-Built for HPC, AI and Data-intensive workloads
Cloud Carrier, a privately owned Australian company has announced the launch of its Southern Highlands Data Campus (SHDC). As Australia’s first liquid-cooled data campus, the company describes this as “a ground-breaking move that signals a new era for sustainable and energy-efficient data centres” and as a significant development in Australia’s data centre infrastructure. Covering 67 […]