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Europe and Middle East Datacenter Trends
BSO intents to build Europe’s largest AI data center in France
What happened BSO has announced plans to build one of Europe’s largest AI-focused data centers, named DataOne, in France. The company has taken over an existing Tier-3 data center and plans to expand it into a 400MW facility by 2028. The project is led by Charles-Antoine Beyney…
Global Cloud Services Trends
GoCardless simplifies payments for grassroots football
What happened GoCardless has announced a strategic partnership with Total Grassroots and Kelme, a kit manufacturer, aimed at simplifying payment collection for grassroots football clubs.This alliance is designed to alleviate the administrative burden of collecting cash, a common…
Global Cloud Services Trends
Crypto miners pour $3.6B into new tech advancements
___________ What happened Publicly traded crypto mining companies have spent $3.6 billion on plant, property, and equipment (PP&E) so far in 2024, with most funds allocated to hardware upgrades. The report by TheMinerMag highlights that the third quarter marked the highest PP&E…
Asia-Pacific Cloud Services Trends
Explosion shatters Japan’s rocket test, halting ambitious plans
What happened Japan’s space agency aborted an engine test for the Epsilon S rocket on Tuesday (November 26) after it exploded and caught fire, a repeated failure that will likely push the rocket’s debut launch beyond the March-end target and delay the national space programme.…
Europe and Middle East Cloud Services Trends
UK invests $4.34M in satellite comms for remote areas
What happened To boost the trend in the satellite telecommunications industry, the UK Space Agency announced a funding package of up to £3.5 million($4.34 million) on November 27. This will be used to test innovative hybrid connectivity solutions in some very difficult to reach…
Global Cloud Services Trends
Denmark faces major telecom service outage
What happened Danish telecoms operator TDC Net has suffered a major telecoms outage. The telco, which is Denmark’s largest network provider, has blamed the outage on a software update it implemented on November 27. The outage has meant thousands of customers have been unable to…
Asia-Pacific Cloud Services Trends
North Korean hackers infiltrate firms as IT workers and recruiters
What happened North Korean hackers are increasingly posing as job seekers, recruiters, and venture capitalists to infiltrate multinational companies, security researchers at Cyberwarcon 2024 in Washington, DC, have warned. Their goal is to fund North Korea’s nuclear programme by…
Africa Cloud Services Trends
M-KOPA targets $400M revenue despite economic challenges
What happened M-KOPA, the African fintech offering pay-as-you-go asset financing, is on track to exceed an annual revenue of $400 million by the end of the year. Serving 5 million underbanked Africans, the company has grown its customer base from 4 million last year, despite…
Global Cloud Services Trends
Akhetonics raises $6.33M for innovative all-optical chips
What happened In a bold move to revolutionise the semiconductor industry, German startup Akhetonics raises $6.33 million (€6 million) in seed funding to develop all-optical chips. These chips, relying entirely on photons for data processing, are designed to offer unmatched speed…
North America Institutional Trends
BAE Systems, Rocket Lab receive $60M US semiconductor boost
In a strategic move aimed at bolstering its defence and space capabilities, the US government is finalising nearly $60 million in subsidies for two prominent companies in the semiconductor sector: BAE Systems and Rocket Lab. These investments come under the Biden administration’s…
Global Cloud Services Trends
IFX Payments hires Barclays VP as new COO
What happened IFX Payments, a leading fintech firm specializing in global payments, has announced the appointment of Adam Dowling as its new Chief Operating Officer (COO). Dowling previously served as Vice President at Barclays, where he led operational and strategic projects in…
Asia-Pacific Cloud Services Trends
China to test next-gen Beidou satellite network by 2027
What happened China announced its plan to test a next-generation Beidou satellite navigation system by 2027. This upgraded network aims to improve accuracy, speed, and coverage, surpassing the current Beidou capabilities. The new system will feature more advanced satellites…
Asia-Pacific Cloud Services Trends
Google announces two new subsea cables for Indo-Pacific connectivity
What happened Google announced plans to build two new subsea cables, “Topaz” and “Pearl,” to bolster digital connectivity across the Indo-Pacific region. These cables will link key hubs, including Southeast Asia, India, and Australia, aiming to handle increasing data demands and…
Global Cloud Services Trends
COP29 pledges to accelerate climate action in the tech industry
What happened At COP29, a global coalition of governments, companies, and digital organizations made a unified commitment to accelerate climate action within the tech industry. The COP29 Declaration on Green Digital Action highlights the dual role of technology. On one hand, it…
Global Cloud Services Trends
Tech Mahindra and AWS join forces to bring AI to telecom networks
What happened Tech Mahindra has taken a step into the future of telecom with a new partnership with Amazon Web Services (AWS). Together, they’ve unveiled the Autonomous Network Operational Platform (ANOP), a solution designed to transform the way telecom operators manage their…
Asia-Pacific Cloud Services Trends
SmartJumper by Seiko Solutions: Streamlined IT access management with security and ease
Seiko Solutions Inc. has launched SmartJumper, an innovative access management software designed to simplify network operations. Focusing on usability, security, and seamless integration, SmartJumper offers a fresh approach to IT device management across Japan. In an exclusive…
North America Institutional Trends
ViaSat launches ViaSat-3 F1 Service for U.S. marine corps
Delivering services to U.S. marine corps ViaSat, Inc., a global leader in satellite communications, announced that it is now delivering ViaSat-3 F1 (VS3 F1) services to the U.S. Marine Corps, marking the first time the ViaSat-3 network is being used by a government customer. This…
Europe and Middle East Datacenter Trends
Top tech news today: November 29, 2024
1. Europe’s largest AI data centre planned BSO is investing in building Europe’s largest AI-focused data centre in France, aiming to support high-performance computing for AI development. Capacity Media. Starlink satellite-to-phone plan moves ahead with FCC approval. 2. AI data…
North America Institutional Trends
AI data centers increase U.S. energy bills by 70% in five years
What happened A report from the Jack Kemp Foundation warns that rising energy demands from AI data centers could cause U.S. electricity bills to increase by up to 70% in the next five years. Data centers, particularly those supporting AI workloads, consume vast amounts of power.…
North America Institutional Trends
Intel Secures $7.9B Subsidy Amidst Growing Costs
What happened Intel recently secured a $7.86 billion subsidy from the U.S. government under the CHIPS Act to support its semiconductor production efforts. However, the funding imposes stringent conditions on Intel Foundry Services (IFS), should it spin off into an independent…
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