SecurityBrief UK - Technology news for CISOs & cybersecurity decision-makers

Investment stories - Page 1

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GaiaLens wins ESG innovation funding for anti-greenwashing
4 days ago
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dei
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ai
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cleantech
GaiaLens has been named a winner of FinTech Scotland's ESG innovation call, securing funding to enhance its Greenwashing Analytics Solution.
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Telecom firms lead the way in GenAI adoption & investment
Last week
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uc
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data analytics
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cx
A new study reveals that 70% of telecommunications firms are adopting generative AI, outpacing other sectors in investment and implementation.
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Kao Data begins £350m data centre project in Stockport
Last week
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edutech
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power / energy
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ai
Kao Data has begun construction on a GBP £350 million data centre in Stockport, set to enhance Greater Manchester’s digital infrastructure by 2026.
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New robotic palletising solution launched for Singapore SMEs
Last week
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robots
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it in manufacturing
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it automation
ProPal Robotics and OnRobot have unveiled Southeast Asia's first off-the-shelf palletising automation solution, targeting Singapore's SME manufacturers.
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UK ranks lowest in 5G connectivity among major countries
Last week
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uc
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5g & beyond
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telco
A report by the Social Market Foundation reveals the UK ranks last for 5G connectivity among 15 global markets, with coverage only 10% of the time.
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Enky introduces sustainable subscription furniture to UK
Last week
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cleantech
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sustainability
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investment
Belgium-based start-up Enky launches its subscription furniture service in the UK, focusing on sustainability and the circular economy for businesses.
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Mobii partners with North Rakaia for NZ green data centre
Last week
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hyperscale
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dc
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ai
Mobii Green Energy Group has partnered with North Rakaia Ltd to launch a green hydrogen data centre in Canterbury, featuring an initial investment of USD $2 billion.
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Layer secures USD $6m to boost decentralised web tech
Last week
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cryptocurrency
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blockchain
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software development
Layer has raised USD $6 million in seed funding to enhance trust in internet software, spearheading advancements in decentralised application technology.
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Oracle invests USD $6.5 billion in AI & cloud in Malaysia
This month
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data analytics
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digital transformation
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hyperscale
Oracle plans to invest over USD $6.5 billion in AI and cloud services in Malaysia, launching a new public cloud region for enhanced digital capabilities.
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Aussie firms lead AI shift with strong digital literacy push
This month
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ai
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management
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digital literacy
Australian companies outpace US, UK, and Europe in AI readiness, with 90% prioritising AI literacy and GTM leaders gearing up for a 20% tech investment increase by 2025.
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ANZ SOC teams distrust legacy tools, turn to AI solutions
This month
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advanced persistent threat protection
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soc
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ai security
A Vectra AI report reveals 69% of ANZ SOC practitioners fear missing cyber threats due to legacy tools, while AI gains trust as a modern solution.
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Google Cloud & DNeX partner to boost Malaysia's cloud tech
This month
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ai
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cloud services
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investment
Google Cloud and DNeX partner to offer sovereign cloud services in Malaysia, targeting industries with strict data needs like finance and healthcare.
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LitUp signs MoU with International Gateway for USD $300m plan
This month
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network infrastructure
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connectivity
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investment
LitUp Network and International Gateway Company have inked a USD $300 million MoU to enhance Thailand's network infrastructure, boosting their ASEAN presence.
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Capmont Technology launches €100m fund for B2B tech startups
This month
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robots
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iot
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cybersecurity
Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.
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Princeton Digital to invest USD $5 billion in Asian expansion
This month
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ai
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investment
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expansion
Princeton Digital Group plans a USD $5 billion expansion in Asia, adding 500 MW in India, Malaysia, and Indonesia to meet surging AI-driven data centre demand.
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ANZ leaders invest USD$15 million in generative AI for 2024
This month
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genai
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ai
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software development
Australia and New Zealand are outpacing the world in generative AI investment, committing USD$15 million in 2024, surpassing the global average.
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UK business leaders to boost tech investments by 23% next year
This month
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ai
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investment
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generation z
UK business leaders are set to boost tech investments by 23% due to AI innovations, a new study from Seismic reveals.
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UK firms boost AI spending 177%, ChatGPT leads with 835% rise
This month
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ai
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productivity
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spending
UK businesses ramp up AI investment by 177% year-on-year, leveraging tools like ChatGPT and Fireflies.ai, but finance teams lag in adoption, reports Soldo.
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Google invests USD $1 billion in Thailand's digital future
Last month
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google
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jobs
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alphabet
Google has declared a USD $1 billion investment to boost Thailand's digital infrastructure, bolstering cloud and data centres in Bangkok and Chonburi.
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Consent Labs expands in Victoria amid growing demand for education
Last month
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edutech
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nfp
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investment
Consent Labs expands operations in Victoria to meet demand for consent education, supported by a Federal Government investment of AUD $117.6 million.