Topic: infrastructure investment
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AI Funding Crisis: $800 Billion Shortfall Threatens Scaling
Meeting global AI demands by 2030 requires $2 trillion in annual revenue, but a projected $800 billion funding gap threatens to stall infrastructure development and progress. AI's compute needs are growing faster than Moore's Law, straining power grids and requiring massive capital investment, wh...
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Equinix Launches First AI Data Center in Chennai to Fuel India's Growth
Equinix has launched its first AI-ready data center, CN1, in Chennai, representing a major step to support India's digital transformation and AI innovation. The facility, with an initial investment of $69 million and a capacity of 800 cabinets, is designed for high reliability, targeting 99.999% ...
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Meta's New Program Boosts Startups Using Llama AI Models
Meta's Llama for Startups program offers financial incentives (up to $6,000 monthly) and technical support to early-stage U.S. startups developing generative AI solutions, with applications closing May 30. The initiative aims to strengthen Meta's position in the open-source AI model arena...
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Breaking Data Silos: SA Pathology's Journey to Connected Care
Australia's healthcare system is shifting from planning to actively building interoperability through collaboration among digital health providers, clinicians, and government bodies, moving beyond isolated data islands. The adoption of FHIR standards is foundational, enabling seamless data sharin...
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Oracle-OpenAI Deal: Why Wall Street Didn't See It Coming
OpenAI and Oracle have entered a $300 billion five-year agreement, boosting Oracle's stock and highlighting its significant role in AI infrastructure. The partnership allows OpenAI to diversify risk and scale its computational capabilities, forming a comprehensive global AI supercomputing foundat...
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Egypt's Mining Boom: How Reforms Are Driving Growth
Egypt is implementing strategic reforms to boost its mining sector's GDP contribution to 6% by 2030, aiming to attract global investment and showcase opportunities at the African Mining Week conference in October 2025. Key initiatives include digitalizing mining services through a new Track Licen...
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White House Plan Ushers in Open-Weight AI Era, New Guardrails Needed
The White House AI Action Plan outlines a strategic roadmap for federal agencies to collaborate with AI developers, prioritize infrastructure, and set international AI diplomacy guidelines, impacting both government and private sectors. The plan emphasizes rapid AI deployment with fewer regulator...
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Alibaba's $53B AI Push: New Dubai Data Center at GITEX 2025
Alibaba Cloud has expanded its Middle East presence by opening a second data center in Dubai, supported by a $53 billion investment to enhance AI and cloud infrastructure over the next three years. The new facility offers advanced cloud-native and AI solutions, along with big data and storage ser...
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The Dirty Secret Behind Your AI Tools
The rapid expansion of artificial intelligence is driving increased natural gas extraction, as tech companies build energy-intensive data centers near gas fields and use on-site fossil fuel power generation to meet their electricity demands. This trend raises significant environmental and social ...
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70% of Smart Home Devices Vulnerable to Cyber Attacks, UAE Council Warns
70% of smart home devices in the UAE are vulnerable to cyberattacks, largely due to risky user behaviors like weak passwords and unsecured networks. The UAE faces intense cyber threats, including a 30% increase in ransomware and AI-powered attacks like deepfakes and autonomous malware. The UAE ha...
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Snowflake Expands to AWS New Zealand to Meet Growing Demand
Snowflake is expanding in New Zealand by deploying a local instance on AWS's new region to address demands for data sovereignty, security, and governance, keeping data onshore while offering scalable AI services. The local instance, operational by the first half of 2026, will allow public and pri...
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Cassava & Accenture to Build Africa's Sovereign AI Cloud
Cassava Technologies and Accenture are partnering to establish Africa's sovereign AI cloud, enabling businesses to process AI workloads while keeping data within their own countries to comply with local regulations. The initiative will utilize Cassava's GPU-as-a-service infrastructure and Accentu...
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e&, Space42 Partner to Boost 5G with Hybrid Satellite-Terrestrial Tech
e& UAE has partnered with Space42 to explore Equatys, a direct-to-device initiative that integrates satellite and terrestrial networks to provide seamless 5.5G connectivity, aiming to eliminate coverage gaps globally. The collaboration includes technical integration, regulatory cooperation, and j...
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