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WHTop → 📋 News → Asia Pacific AI Investment Reaches $15.4B Despite Fewer Deals, Says IDC
Asia Pacific AI Investment Reaches $15.4B Despite Fewer Deals, [...]
Asia Pacific AI Investment Reaches $15.4B Despite Fewer Deals, Says IDC
📅 - Artificial intelligence investment in Asia Pacific reached a significant milestone in 2024, with USD 15.4 billion flowing into digital-native businesses (DNBs), according to new research from IDC. Despite a decline in overall AI deal volume, the total capital invested highlights a continued appetite for scalable and sector-specific AI innovation across the region.
IDC's report, Powering the AI Wave: Venture Capital Trends and Strategic Vendor Pathways in Asia/Pacific's AI Landscape - 2025, outlines how funding trends have shifted and what opportunities lie ahead for vendors and investors.
The information technology sector led AI funding activity, particularly in areas such as cloud [...][... Check source for end of article ...]
📅 - Novva Data Centers Unveils New Sustainable Facility in Tahoe Reno - In Storey County, Nevada, Novva Data Centers has officially opened its newest facility, a 300,000-square-foot data center designed with sustainability at its core. Located on a 20-acre site within the Tahoe-Reno Industrial Center (TRIC) - one of the largest industrial parks in the world - the Novva Tahoe Reno campus marks a strategic expansion for the company, aligning with its broader ambition to develop environmentally conscious digital infrastructure across the Western United States.
The facility delivers 60 megawatts of IT power and serves as Novva's fourth completed site, following earlier builds in West Jordan, Utah; Colorado Springs, Colorado; and North Las Vegas, Nevada. The [...]
📅 - Cairo Data Center Fire Kills 4, Injures 27, Disrupts Internet Across Egypt - A devastating fire at a major Telecom Egypt data center in downtown Cairo claimed the lives of four employees and injured at least 27 others, while plunging much of the country into a digital blackout. The blaze, which broke out on Monday, July 7, disrupted nationwide internet connectivity and mobile services, impacting critical infrastructure such as emergency hotlines, digital banking, and air travel.
According to the Egyptian Health Ministry, most injuries were caused by smoke inhalation. Some victims were treated on-site, while others were taken to hospitals. Telecom Egypt confirmed that the four deceased were employees trapped in the building when the fire erupted.
Internet [...]
📅 - LG Sets Sights on Becoming Leading Global HVAC Provider - LG Electronics has announced a significant strategic push to become a global leader in HVAC systems, with a special focus on AI-driven data center infrastructure. Unveiled at a press event at LG Sciencepark in South Korea on July 8, the company outlined a growth roadmap aimed at expanding its Energy Solutions (ES) division, targeting KRW 20 trillion (approximately USD 14.5 billion) in HVAC revenue by 2030.
This long-term strategy is set to be driven by increasing demand for AI data centers and the need for energy-efficient and high-performance cooling systems in industrial and commercial environments.
With the proliferation of generative AI and large-scale data processing, modern data [...]
📅 - SUSE Introduces EU-Focused Support Service for Digital Sovereignty - SUSE, a global provider of enterprise open-source solutions, has launched a new service aimed at meeting the rising demand for digital sovereignty across Europe. The offering, called SUSE Sovereign Premium Support, is designed for organizations requiring a proactive, customized, and regulation-aligned approach to IT infrastructure management.
With a focus on maintaining operational resilience and independence, the service supports both public and private sector clients navigating evolving European Union data regulations and geopolitical pressures.
The launch comes as IDC reports that more than 80% of European organizations either currently use or plan to implement sovereign cloud [...]
📅 - Rad Web Hosting launches white-label WordPress reseller hosting platform - The platform features one-click deployments, automated offsite backups, professional email hosting, and LiteSpeed Enterprise technology, offering up to 25 times faster load speeds for WordPress and WooCommerce websites.
"With this launch, we're giving agencies a way to eliminate technical roadblocks, improve client satisfaction and create new monthly recurring revenue streams—all while keeping their own branding front and center," said Scott Claeys, CEO and Founder of Rad Web Hosting.
The white-label hosting service is designed specifically for agencies and freelancers managing multiple client sites.
Features include: One-click staging, cloning, and push-to-productionPre-loaded theme [...]
📅 - evroc Launches Sovereign AI Cloud for Europe - Aiming to reshape Europe's digital infrastructure landscape, Stockholm-based AI cloud startup evroc has officially launched its sovereign cloud and AI services, now accessible to new customers. The move signals a critical step forward in the continent's pursuit of digital sovereignty, data security, and sustainable infrastructure ownership - core principles driving the strategic evolution of European tech capabilities in an increasingly AI-dominated world.
Designed from the ground up to deliver a secure and developer-friendly environment, evroc's cloud services promise scalable and high-performance computing power, tailored to support sensitive workloads across key sectors such as [...]
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