Scala Data Centers taps US and Chinese tech for investment in Brazil ‘AI City’ – report
Brazilian data centre operator Scala Data Centers is progressing plans for a large-scale “AI City” near Porto Alegre, with construction …
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UK announces Sovereign AI fund to fast-track domestic AI startups
The UK government has made its first investment under the £500m ($675m) Sovereign AI fund aimed at accelerating the commercial …
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IEA warns AI could double data centre power use by 2030
A new International Energy Agency (IEA) report titled Key Questions on Energy and AI shows that AI is rapidly transforming global …
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Abu Dhabi considers merging China investments into joint venture– report
Abu Dhabi is considering combining China-related holdings from L’imad Holding and Mubadala Investment into a jointly owned investment vehicle, Bloomberg …
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CIP approves start of construction at Patache project in Chile
Copenhagen Infrastructure Partners (CIP), via its Growth Markets Fund II (GMF II), has announced the final notice to proceed (FNTP) …
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IEA warns AI could double data centre power use by 2030
A new International Energy Agency (IEA) report titled Key Questions on Energy and AI shows that AI is rapidly transforming global …
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Abu Dhabi considers merging China investments into joint venture– report
Abu Dhabi is considering combining China-related holdings from L’imad Holding and Mubadala Investment into a jointly owned investment vehicle, Bloomberg …
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CIP approves start of construction at Patache project in Chile
Copenhagen Infrastructure Partners (CIP), via its Growth Markets Fund II (GMF II), has announced the final notice to proceed (FNTP) …
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US, Philippines to build Luzon industrial hub
The US and the Philippines are planning to develop a 1618ha industrial hub within the Luzon Economic Corridor to reinforce …
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UAE and Jordan agree $2.3bn rail project deal
The United Arab Emirates (UAE) and Jordan have reached a $2.3bn agreement to develop a 360km railway network in Jordan. The …
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Aegon to sell UK business to Standard Life as it deepens US expansion
Aegon has agreed to sell its UK operations to Standard Life in a £2bn ($2.7bn) deal, as the Dutch financial …
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Toyota Motor Europe builds a new digital hub in Poland
Toyota Motor Europe has announced the opening of a Toyota Digital Hub in Wrocław, Poland. The centre will focus on …
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The USMCA negotiations are about more than trade
“This is probably the largest reframing of North American relations in modern history,” Diego Marroquin, a lead researcher on the …
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Indiana launches $60m Israeli tech start-up initiative
The US state of Indiana has announced a $60m partnership programme aimed at drawing Israeli technology start-ups to the state …
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Chevron increases Venezuela heavy oil stake through asset swap with PDVSA
Chevron has signed an asset exchange agreement with Petróleos de Venezuela (PDVSA), broadening its involvement in Venezuela’s heavy oil industry …
