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'The Donald of Dubai': UAE billionaire close to Trump bets $66 billion on AI to become the world's data kingUAE real estate magnate Hussain Sajwani is investing billions in data centers to capitalize on the AI boom, aiming for global leadership. H...- Vanguard slashes Ola value; War chokes PCB supplyAmerican investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5.
- French AI firm Mistral announces deals with BMW, AirbusFrench AI company Mistral is forging new alliances with automotive giant BMW and aerospace leader Airbus. These collaborations aim to expan...
- West is between peace and war, as AI races ahead: UK cyberspying chiefBritain's top cyber spy, Anne Keast-Butler, warns that artificial intelligence is being used in new ways that threaten national security. S...
- Energy security: The backbone of India’s AI futureThe official pre-summit ahead of the India AI Impact Summit, hosted by Hitachi Energy India, made the case that power infrastructure will d...
- Bajaj Finserv's AI push; Govt's UPI fixBajaj Finserv chairman Sanjiv Bajaj says the company will launch a dedicated fund for AI startups. This and more in today's ETtech Top 5.
- France's Mistral raises $830 million in debt for AI data centre build-upThe deal, set to be announced on Monday, marks Mistral's first debt raising and underscores growing investor confidence in European AI firm...
- French AI startup Mistral invests $1.4 billion in data centres in SwedenFrench AI firm Mistral AI is investing 1.2 billion euros in new data centres in Sweden. This significant investment aims to build independe...
- Brookfield to start cloud business amid AI frenzy: The InformationBrookfield plans to launch its own cloud business, leasing chips in data centres directly to AI developers. It will be backed by a new $10 ...
- Brookfield Asset Management plans $10 billion data centre for AI in SwedenBAM said the site in the Swedish city of Strangnas west of Stockholm will create more than 1,000 permanent jobs and around 2,000 jobs durin...
- Meta hit with privacy complaints over AI plansA Vienna-based privacy group filed complaints against Meta in 11 European countries over unlawful AI data use. Microsoft announced a $3.2 b...
- Microsoft to invest $3.2 billion in Swedish cloud, AIMicrosoft will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure in Sweden ...
- Google invests 1 billion euros in Finnish data centre to drive AI growthIn recent years, many data centres have been located in the Nordic countries because of the region's cooler climate, tax breaks and abundan...
- Tesla strike in Sweden continues, union says, contradicting Elon MuskTesla mechanics strike in Sweden continues, drawing investor scrutiny and disrupting operations. IF Metall remains in dispute with Tesla ov...
- VFS Global India renews visa contract for SwedenVFS Global has been awarded the global tender by the Swedish Ministry of Justice to provide visa services in 37 countries. Under the agreem...
- Tech Mahindra plans acquisition in EuropeTech Mahindra claims to have doubled investments for business opportunities in manufacturing, banking, financial services and insurance sec...
- Nokia launches data centre networking tools, developed with AppleNokia, which competes against China's Huawei and Sweden's Ericsson to build 5G networks, has been broadening its portfolio by adding open i...
- Ericsson raises investments in artificial intelligence, to ramp up hiringThe company is hiring engineers globally for its AI accelerators, including 150 engineers in Bengaluru.
- Facebook building massive wind-powered data centre in TexasFacebook said it will be powering the new data center with 100 percent renewable energy, stemming from 200 megawatts of wind energy.
- HCL Tech bags $ 300-million deal from Finnish Paper Pulp Maker companyIt bagged a similar contract from Sweden's Statoil last month besides being a services supplier to Finland's Nokia, Sweden's IKEA and Elect...
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