Lumen Orbit secures $10m for AI data centers in space
Lumen Orbit, a startup backed by Y Combinator, has raised over $10 million to develop data centers in space. It plans to support AI training in a way that’s both…
Nvidia briefly surpasses Apple to become world’s most valuable company
Friday, October 25, 2024 will remain a memorable day for Nvidia as it briefly took the top spot as the world’s most valuable company, overtaking Apple with a market cap…
Global mobile internet usage reaches 57%, but growth is slowing
More than half of the global population now has access to mobile internet, but the growth rate is slowing. While some of those without access live in remote areas, the…
Nokia looks to data centers for growth as Q3 sales decline
Nokia is betting big on data centers to fuel future growth, even as its Q3 2024 sales took a hit. The company saw an eight percent drop in net sales…
US plans to break Google, may impact AI ambitions
The U.S. Department of Justice (DOJ) is ramping up efforts to break up Google's dominance in the search market, and it could deal a serious blow to the tech giant's…
IFC investment expert urges Data Center investors to consider EBITDA and IRR for long -term success
Obinna Isiadinso, Global Sector Lead for Data Center and Cloud Investments at the International Finance Corporation (IFC), has emphasized the importance of a balanced approach to evaluating data center investments.…
Wi-Fi’s value set to reach $2.4 trillion by 2027 – report
A new study commissioned by WiFiForward and authored by Telecom Advisory Services reveals that the economic value of Wi-Fi in the United States is projected to increase from $1.3 trillion…
Cloudbrink introduces AI-powered mobile hotspot optimizer for on-the-go enterprises
Cloudbrink has rolled out a new AI-powered mobile hotspot optimizer, designed to help roaming users stay securely connected in places where stable service is hard to come by—think remote manufacturing…
Meta introduces Movie Gen: the future of AI-powered video creation
Meta has introduced an innovative AI tool called "Movie Gen," designed to simplify video creation for businesses and content creators, regardless of their editing expertise. This cutting-edge tool allows users…
Data centers are the hottest asset class, with growing transaction sizes of up to 300 MW
The recent Hyperscalers Convergence Africa conference highlighted the growing global interest in data centers as a key asset class, with transaction sizes increasingly reaching up to 300 MW. The recent…
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