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WHTop → 📋 News → Trump Unveils $20B US Data Center Investment by Emirati Billionaire
Trump Unveils $20B US Data Center Investment by Emirati Billionaire
📅 - Hussain Sajwani, a billionaire businessman and close associate of the Trump family, has announced a $20 billion investment in U.S. data centers through his Emirati firm, DAMAC Properties. The investment, which aims to bolster Americas standing in technology innovation, will fund large-scale data center developments across the Sun Belt and Midwest regions.
This initiative marks DAMACs first foray into the U.S. data center market, expanding its existing EDGNEX portfolio, which currently operates or plans operations in countries like the United Arab Emirates, Saudi Arabia, Turkey, Spain, Thailand, and Indonesia.
The ambitious U.S. investment aligns with the growing global demand for data [...][... Check source for end of article ...]
📅 - Backblaze Launches New Data Center in Canada, Now Open for Business - Backblaze, a pioneer in cloud storage that offers a cutting-edge alternative for conventional cloud providers, has established a new data center location in Canada. With its new Canada East (CA East) area in Toronto, Ontario, the company is making a big step forward in its goal of providing enterprises all around the globe with high-performance and legally compliant cloud storage solutions.
The market for cloud services in Canada is growing quickly due to rising demand from sectors including government, healthcare, and finance, all of which often need data to stay within national boundaries. In the next years, the industry is anticipated to expand at a compound annual growth rate (CAGR) [...]
📅 - Microsoft Invests $3B in India to Boost AI Innovation and Cloud Infrastructure - Microsoft is making a significant investment in India, committing $3 billion over the next two years to enhance the countrys cloud and AI infrastructure, talent development, and AI adoption. This announcement, made during CEO Satya Nadellas recent visit to India, includes plans to build new data centers and accelerate AI innovation.
The initiative would align with Prime Minister Narendra Modi's vision of a developed India by 2047, often referred to as Viksit Bharat.
Part of Microsoft's strategy involves expanding its ADVANTA(I)GE India initiative to provide AI skills training to 10 million people over the next five years. This initiative follows the program's earlier success in training [...]
📅 - Nokia Sells Alcatel Submarine Networks to France - Nokia has officially completed the sale of Alcatel Submarine Networks (ASN), a leading global provider of undersea communication networks, to the French government, represented by the Agence des participations de l'tat. The transaction, finalized on December 31, 2024, marks a strategic shift for Nokia as it refocuses its business portfolio on core markets.
As part of the agreement, Nokia retains a 20% stake in ASN and maintains board participation to ensure a smooth transition. The French government is expected to acquire Nokia's remaining stake at a later date.
This sale would align with Nokias broader strategic goals, including its June 2024 announcement of the planned acquisition of [...]
📅 - Oracle Exadata X11M Released for Extreme Data Performance and AI Workloads - When mission-critical workloads can be executed more quickly and on fewer systems, along with intelligent power management, clients may meet their sustainability and energy efficiency objectives. Furthermore, the same features are accessible in on-premises, multicloud, and public cloud settings, allowing users to deploy and operate their Oracle Database workloads wherever they need to without requiring any modifications to their applications.
"With Oracle Exadata X11M, we continue to offer our customers business value, extreme scale, performance, and the freedom and flexibility to deploy anywhere they requireon-premises, in a multicloud, or in the public cloud. Actually, Exadata X11M will [...]
📅 - Accenture: AIs True Potential Lies in Trust-Driven Technology Strategies - Accentures latest Technology Vision 2025 report underscores a transformative era for businesses as artificial intelligence (AI) continues to drive unprecedented levels of autonomy across industries. Celebrating its 25th year, this annual report outlines how AI is reshaping technology development, customer engagement, workforce dynamics, and interactions within the physical world.
According to Accenture, the emergence of AI-powered systems represents a pivotal shift in digitalization, where continuous learning and adaptability are central to business innovation. The study reveals that 69% of executives believe this evolution demands urgent action to redesign technology systems and [...]
📅 - AWS Launches Cloud Infrastructure Region in Thailand - Amazon Web Services (AWS) has announced the launch of its Asia Pacific (Thailand) Region, marking a significant step in the cloud provider's commitment to supporting digital transformation in Southeast Asia. This development offers businesses, government entities, and educational institutions in Thailand enhanced access to AWSs advanced cloud capabilities, enabling innovation and efficiency in their operations.
As part of its long-term strategy, AWS plans to invest over $5 billion in the Thai economy, further solidifying the country's position in the global digital landscape.
AWS projects that the establishment and ongoing operations of the Thailand Region will contribute nearly $10 [...]
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