Microsoft is poised to invest $80 billion in building AI-enabled datacenters worldwide, with more than half of this investment allocated to the United States. The remaining funds will bolster infrastructure in other regions, supporting the global deployment of AI and cloud-based applications.
Digital Edge, a leading developer and operator of interconnection and hyperscale edge data centers across Asia and portfolio company of investment firm Stonepeak has announced it has raised over US$1.6 billion in new capital through a combination of equity and debt financing to fuel its next phase of growth. The capital raise includes approximately $640 million of equity […]
GlobalFoundries (GF) and IBM have announced that the two companies have reached a settlement in their ongoing lawsuits, resolving all litigation matters, inclusive of breach of contract, trade secrets and intellectual property claims between the two companies. This settlement marks the end of an ongoing legal dispute and allows the companies to explore new opportunities […]
Ericsson has announced a new organizational structure for its operations in the Middle East and Africa (MMEA) region, effective January 1, 2025. As part of this transformation, the Saudi Arabia market will be served under a newly established Customer Unit (CU), led by Håkan Cervell, Vice President and Head of CU Saudi Arabia. This move […]
The Middle East and North Africa (MENA) is emerging at the forefront of sustainable city adoption, led by visionary initiatives, most notably in the UAE and Saudi Arabia. As the region’s urban populations rise—with 60 per cent projected to live in these urban areas by 2030 – countries in the MENA region are responding with […]
Diriyah Company, the developer behind Saudi Arabia’s 14 sq km landmark cultural and lifestyle destination, Diriyah, has announced its successful deployment of SAP Private Cloud Solutions, marking a significant milestone in its digital transformation journey. This initiative, supported by cloud computing solutions, will significantly enhance services provided to visitors, residents, partners, and employees of Diriyah. […]
KAYTUS launched the KR2280V3, the commercially available server compliant with the CXL 2.0 standard. Housed in a 2U chassis, the KR2280V3 supports front- or mid-mounted CXL 2.0 E3. S modules, offering up to 10 front and 18 rear configuration options.
The mayor of Eldorado do Sul, Rio Grande do Sul state in Brazil has signed into law new legislation enabling the construction of Latin America’s first data center city. This paves the way for Scala AI City, a government-led initiative in partnership with Scala Data Centers, the leading sustainable hyperscale data center platform in Latin America. […]
The enterprise worldwide wireless local area network (WLAN) market grew 5.8% between the second and third quarters of 2024 to reach $2.5 billion, according to results published in the International Data Corporation (IDC) Worldwide Quarterly WLAN Tracker. The sequential growth in the third quarter follows a 12.4% increase between the first and second quarters of […]
The global demand for artificial intelligence (AI) and high-performance computing (HPC) will continue to rise, growing by over 15% in 2025, according to IDC ’s latest Worldwide Semiconductor Technology Supply Chain Intelligence report. Major application markets, ranging from cloud data centers to specific industry segments, are expected to undergo upgrades, heralding a new boom for the semiconductor industry. “As […]
