Investment stories
New South Wales launches Investment Delivery Authority to fast-track AUD $50 billion digital projects every year.
Airwallex appoints a new board for its SVF unit as it nears an ADI licence in Australia, following a USD $300 million funding round valuing the company at USD $6.2 billion.
Asia Pacific is set to surpass the US by 2030 with 23,904 MW of data centre capacity, driven by rising demand and higher average rental rates.
In Asia Pacific, 94% of manufacturers plan AI investments, prioritising quality control and cybersecurity to boost efficiency and tackle labour shortages.
BGF invests in UK-based PMC to accelerate global expansion and enhance its digital engineering and managed services across retail and commerce sectors.
Accelex has opened a Sydney office to tackle data challenges as Asia-Pacific private equity hits USD $138 billion, its second-highest deal volume in a decade.
Forrester highlights ten emerging technologies, including AI chips and digital twins, set to drive business value and boost efficiency by 2025.
Apptio unveils AI TCO & Usage and Hybrid IT TCO Impact tools to boost transparency and control over AI and hybrid IT investment costs.
CrowdStrike's Q1 revenue rose 20% to USD $1.10bn with ARR growing 22% to USD $4.44bn, reflecting strong subscription and cash flow performance.
LuminX raises USD $5.5 million seed funding to boost AI vision language models improving efficiency in warehouse and supply chain operations.
Fintechs face tough scaling challenges amid market consolidation; data-driven strategies and strong trust are key to surviving and thriving.
The UK's new Industrial Strategy pledges GBP £6.6bn to the British Business Bank and GBP £500m for quantum computing to boost tech innovation and growth.
CaseCraft.AI has raised GBP £550,000 to enhance its AI-driven platform aimed at simplifying small claims resolutions across the UK.
Alibaba Cloud will open its second South Korean data centre by June 2025 to boost AI and cloud services amid rising local demand.
Payment Assist has launched a lending division offering loans and finance solutions to UK garages and dealerships, aiming to support growth and cashflow.
Boxphish, backed by BGF's GBP £400 million funding, plans further growth after 70% ARR rise and acquiring dark web intelligence firm Trillion.
French President Emmanuel Macron will join NVIDIA and Mistral AI leaders at VivaTech in Paris to debate Europe's AI future, focusing on competitiveness and sovereignty.
New Zealanders' US stock and bond investments soar to a record USD $67.1 billion by March 2025, doubling since 2020 amid growing global market interest.
Glance has launched a USD $200 million AI shopping hub on Samsung phones, letting 50 million US users visualise and buy outfits from their lock screen.
Blueberry Life launches crowdfunding to back AI-driven longevity insurance, aiming to aid those with chronic illnesses in the UK and beyond live healthier, longer lives.