Cisco: AI Infrastructure Non-Negotiable as APAC Demand Surges

Deloitte Establishes Asia Pacific Agentic AI CoE in India, Malaysia, and Singapore

Deloitte has officially opened for business the Asia Pacific (AP) Agentic AI Centre of Excellence (CoE) in India, Malaysia, and Singapore, a key milestone in the company's quest to assist organizations to use agentic AI at scale. The new CoE combines over 6,000 regional practitioners, underpinning a pipeline of AI...

Qualcomm to Acquire Alphawave Semi for $2.4B to Strengthen AI Data Center Strategy

Qualcomm Incorporated has announced a significant agreement to acquire Alphawave IP Group plc for an implied enterprise value of approximately $2.4 billion. The acquisition will be carried out by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary of Qualcomm. This move is set to accelerate Qualcomm’s entry into the data...

Enterprises See 45% ROI from AI Investments, Says Snowflake Executive

Snowflake's Head of AI, Baris Gultekin, recently discussed the growing trend of enterprises seeing strong returns on their AI investments, emphasizing how the technology is driving productivity, reducing costs, and automating tasks, even amid challenging macroeconomic conditions. Gultekin highlighted that the increasing demand for AI services is yielding tangible benefits...

Accenture Trains 500,000 Employees in Generative AI to Meet $2.6B Demand

Accenture is making a major investment in its workforce, training half a million employees to leverage the power of generative artificial intelligence (AI). The consulting giant is preparing for the growing wave of demand in AI consulting, which has rapidly become a cornerstone of its services. The company's ambitious training...

Zuckerberg Launches New AI Team at Meta to Pursue Artificial General Intelligence

Meta's Zuckerberg Assembles New AI Team to Achieve Artificial General Intelligence Mark Zuckerberg, CEO of Meta Platforms, is ramping up efforts to achieve the groundbreaking goal of Artificial General Intelligence (AGI), a technology capable of matching or surpassing human cognitive abilities. According to a Bloomberg report on June 10, Zuckerberg...

Google Commits $75B to AI Growth, Says CEO Pichai

At the recent Bloomberg Tech Summit, Google CEO Sundar Pichai shared an ambitious vision for the company’s future, revealing that Google is committing a staggering $75 billion in capital expenditures (Capex) this year to bolster its AI infrastructure. Pichai emphasized that AI will not only revolutionize Google's products but also...

FlexAI & Tenstorrent Partner to Boost AI Compute Access

FlexAI, the pioneer behind the industry’s first Workload-as-a-Service platform, announced a strategic partnership with Tenstorrent, a leading AI semiconductor company. This collaboration aims to expand access to high-performance AI compute, offering companies a fast, affordable AI infrastructure while drastically reducing the effort needed to manage backend operations. Through the partnership,...

Cisco Unveils AI Innovations for Enterprises at Cisco Live

At Cisco Live, Cisco introduced a range of AI-driven innovations aimed at helping enterprises adapt to the rapidly evolving AI landscape. As organizations increasingly adopt agentic AI to automate workflows and tackle complex problems, Cisco is enhancing its offerings to support secure, high-performance networks and intelligent workplaces. Jeetu Patel, President...

NVIDIA JUPITER: Europe's Fastest AI Supercomputer

NVIDIA’s JUPITER Supercomputer: Europe’s Fastest and Most Energy-Efficient AI Powerhouse NVIDIA has unveiled that the JUPITER supercomputer, powered by the NVIDIA Grace Hopper™ platform, is now the fastest supercomputer in Europe. It delivers over 2x speedup in high-performance computing and AI workloads, positioning JUPITER to become Europe’s first exascale supercomputer,...

Digital Edge and B.Grimm Power Launch $1B AI-Focused Data Center Venture in Thailand

Digital Edge Holdings Pte. Ltd., a leading pan-Asian data center platform backed by Stonepeak, has entered into a strategic joint venture with B.Grimm Power Public Company Limited, one of Thailand’s foremost energy producers. The partnership, Digital Edge B.Grimm (TH) Holdings Pte. Ltd., aims to develop next-generation hyperscale and AI-ready data...

TAE Technologies Raises $150M to Advance Fusion Energy

In a major leap toward clean energy innovation, TAE Technologies has raised over $150 million in a recent funding round, bringing its total equity funding to more than $1.3 billion since its inception in 1998. The round included participation from industry giants such as Chevron, Google, and New Enterprise Associates...

First Hydrogen, Alberta University Partner on SMR Tech

First Hydrogen Corp. has announced a strategic collaboration with Professor Muhammad Taha Manzoor from the University of Alberta to accelerate research and innovation in Small Modular Nuclear Reactors (SMRs). The initiative aims to optimize reactor design and fuel materials, particularly in the context of surging global energy demand driven by...