France's AI ambitions are getting a boost with Microsoft's €4 billion investment in new data centers, AI training, and support for startups. This commitment aims to position France as a leader in AI.
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Microsoft committed $2.2B to expand its cloud and AI operations in Malaysia over the next few years. This is the company's largest ever investment in the country with new local infrastructure.
Amazon Web Services (AWS) is investing $11 billion to expand its data centers in St. Joseph County, Indiana. The investment is set to generate more than 1,000 new jobs and significant GDP growth.
Figure AI, a humanoid robotics startup, is close to raising $500 million in a new funding round led by Microsoft and OpenAI. Founded in 2022, Figure is developing highly dexterous humanoid robots.
The government of the UK has announced an AI Diagnostic Fund of £21 million to provide AI tools to aid medical procedures and diagnoses in patients across the National Health Services.
AWS has said it will invest $12.7 billion in cloud infrastructure in India to meet growing demand. The investments will be made between now and 2030 and build on several other investments.
TSMC has reassured with a commitment to its expansion and investment plans in Taiwan despite reports of a slowdown in expansion in the Taiwanese city of Kaohsiung set to manufacture 28nm chips.
Foxconn is investing a massive $700 million to develop a new factory in India's Bengaluru that will manufacture Apple products like the iPhone. This comes amid companies moving capacity out of China.
Multiple analysts, news outlets, and tech executives have been warning investors in China not to blindly invest money into AI companies just because of the recent hype generated by ChatGPT.
Singapore aims to win its "fair share" of semiconductor investments amidst growing trade tensions between China and the United States, focusing on semiconductor assembly and design.
Microsoft and OpenAI have announced a multiyear, multibillion-dollar partnership. They didn't say how much money has swapped hands but did set out what they hope to gain from the partnership.
Microsoft could be looking to invest up to $10 billion into OpenAI to help it further develop AI technology like ChatGPT. While the investment would help, the company has some demands.
Foxconn is investing $500M in India to expand its iPhone manufacturing hubs in the country as Apple tries to increase its production in India to reduce reliance on China amid supply shortages.
Amid multiple instances of layoffs, Amazon's cloud computing unit AWS is planning to invest €2.5 billion in Spain over the coming 10 years. This will support 1,300 full-time jobs in the country.
Meta has reportedly killed off its Portal display business completely instead of repositioning it as an enterprise category. Investment is being winded down on its smartwatch project too.
Amazon has announced the new AWS Europe (Zurich) Region, based in Switzerland. Through 2036, investments from the firm will support 2,500 full-time external jobs annually, according to a study.
Amazon is putting €1 billion into its European operations to help it reach its net-zero goal by 2040. This plan will see it switch to using electric vans and HGVs and expand low-emission package hubs.
Brookfield Infrastructure will provide $15 billion in funding to Intel to help the latter expand its Ocotillo campus in Chandler, Arizona. It will help Intel diversify its supply of semiconductors.
Sony and Kirkbi have invested $1 billion each into Epic Games for helping it build the metaverse, while also supporting the company's continued growth. Epic Games has also recently partnered with Lego
Google will be investing $1 billion in Bharti Airtel to help get more Indians online. The plan will help both companies get more customers as barriers to owning a phone are made lower.
Google has purchased the Central Saint Giles development where its London headquarters are based for $1 billion. It is part of wider investments that the company is making in the UK.
Google has announced a multi-year $10 billion investment in improving the cybersecurity practices across the United States - especially in supply chain - following a meeting with President Joe Biden.
Huawei has announced that it will bolster the start-up scenes in four Asia Pacific nations to make them sustainable ecosystems. It revealed the plans at its first Huawei Cloud Spark Founder Summit.
Apple has announced $430 million in U.S. investments over the next five years. With this money, it hopes to create 20,000 new jobs, improve areas around the country, and invest in education.
NVIDIA has invested $1.5 million into Mozilla's Common Voice project. Mozilla will use the money to hire people to improve the product further and to reach new communities and volunteers.
Microsoft is partnering with US-based investment firm MSCI to offer Investment Solutions as a Service. Throughout 2021, four new services will launch built on top of Azure and Power BI.
Carl Pei's venture Nothing has announced that it will allow individuals to invest in the company through a community equity round. The company plans to raise $1.5 million through this initiative.
After accruing five consecutive quarters of profit, Tesla will be added to the S&P 500 index on December 21. It will edge out JPMorgan Chase as the tenth-biggest member of the index.
Microsoft has announced plans to build data centers in Greece, providing an investment amounting to roughly $1 billion in the country, which has suffered from a decade-long debt crisis.
OneWeb has announced that it's filing for bankruptcy. The firm was responsible for launching several internet-providing satellites but the economic situation caused by COVID-19 caused it to fail.
Twitter has partnered with Silver Lake and Elliot Management in order to begin a share repurchase program that will happen over an unspecified time period. It will also boost user monetization.
The UK's internet regulator, Ofcom, has announced proposals to bring full-fibre broadband to the whole of the country including rural areas. The proposals will be finalised in early 2021.
Social media goliath Facebook announced today a commitment of $1 billion to tackle the affordable housing crisis in the State of California. The investment will be injected over the span of a decade.
SoftBank's Vision Fund is believed to be preparing to invest as much as $1.5 billion in Singapore-based ride-hailing giant Grab as part of a broader effort to inject cash into Asian tech startups.
Apple has announced today a major expansion in the U.S., including a new campus in Austin in addition to its existing site in the area. The expansion is expected to create thousands of jobs.
SoftBank reportedly wants to invest $500 million in Grab as part of the ride-hailing firm's latest funding that seeks to raise $1 billion. The deal is supposed to be finalized in a few weeks.
CapitalG, the investment arm of Google's parent Alphabet Inc., led a funding round that yielded $185 million for Convoy as the startup aims to bolster its digital freight booking business.
Samsung has announced that it will invest $22 billion into upcoming technologies such as AI, 5G, autonomous vehicles, and biopharmaceuticals. It plans to create 40,000 direct jobs as a result.
The funding will be used for Microsoft's partnerships with Black Girls Code and the Technology Access Foundation, two nonprofits aiming to provide technology education to students of color.
Light says the investment will allow the company to introduce its camera tech to other applications beyond smartphones such as security, robotics, automotive, aerial imaging, and more.