Italy and UAE to Strengthen Ties with $40 Billion Deal In a significant move towards fostering stronger bilateral relations, Italy and the United Arab Emirates (UAE) are set to embark on a groundbreaking $40 billion deal that aims to deepen cooperation in key sectors such as energy, technology, and defense. This landmark agreement marks the […]
AI chip firm Groq lands $1.5 billion Saudi investment
AI Chip Firm Groq Secures $1.5 Billion Investment from Saudi Arabia Groq, a leading AI chip firm, has recently made headlines with the announcement of a substantial $1.5 billion investment from Saudi Arabia. This significant financial commitment is set to fuel Groq’s expansion plans, particularly in enhancing its AI chip delivery and data center capabilities […]
Vietnam plans legal framework for digital assets
Vietnam Takes Steps to Regulate Digital Assets Amid Rising Investor Concerns Vietnam is gearing up to establish a comprehensive legal framework for digital assets, a move prompted by escalating worries regarding investor security in the wake of a staggering $100 million cryptocurrency fraud incident. As the global financial landscape continues to witness a significant shift […]
Thailand advances digital economy with strategic partnerships in Southeast Asia
Thailand’s Strategic Partnerships in Southeast Asia Elevate its Digital Economy Thailand is making significant strides in advancing its digital economy through strategic partnerships within Southeast Asia. With a vision to position itself as a regional hub for digital technology, the country is forging alliances to drive innovation, foster collaboration, and promote sustainable growth within the […]
ESR and CloudHQ plan $2 billion Osaka data centre project
ESR and CloudHQ to Develop $2 Billion Osaka Data Centre Project ESR, a leading logistics real estate developer, and CloudHQ, a prominent data centre operator, have joined forces to embark on a groundbreaking venture in Osaka. The collaboration aims to establish a state-of-the-art data centre campus with a whopping $2 billion investment, marking a significant […]
Swiss Canton Moves Forward with Bitcoin Mining Report
In a significant move reflecting the increasing acceptance of cryptocurrency, a Swiss canton has taken steps to advance a report on Bitcoin mining. This initiative is a response to the growing interest in cryptocurrency within Switzerland, a country known for its progressive stance toward digital currencies and blockchain technology. However, this initiative is not without […]
Groundbreaking Subsea Cable Connecting Saudi Arabia and Egypt Launched to Boost Regional Telecommunications
In a significant advancement for regional telecommunications, NTT DATA and Google Cloud have laid the foundation for a new subsea cable connecting Saudi Arabia and Egypt. This ambitious project aims to enhance connectivity across the Red Sea, linking the Arabian Gulf to Egypt’s strategic Red Sea landing station. The cable is anticipated to improve data […]