investment
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Blog
CMA gives Google’s $2B Anthropic investment the green light
It took the UK’s Competition and Markets Authority (CMA) less than a month to decide that there is no need to proceed further with a merger investigation after Google’s purchase of a $2 billion stake in Anthropic. In a statement released on Oct. 24, the CMA indicated that it had obtained “sufficient information” to launch a preliminary investigation into the…
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Business leaders face green ‘investment paralysis’ as concerns clash with climate targets
Business leaders in the UK are anxious about sustainability, with efforts to go green hampered by a lack of sustainable investment. That’s according to research from BT, with three-quarters (72%) of surveyed business leaders saying they feel stress over sustainability targets. With the UK government pushing towards climate targets — including an 81% reduction in emissions compared to 1990 levels…
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US finalizes curbs on investment in AI and critical technology in China – Computerworld
“Companies might also need to reassess their strategic priorities, which may lead to an unnecessary increase in innovation costs,” said Charlie Dai, VP and principal analyst at Forrester. “On the other hand, regulatory concerns will force enterprises outside the US to further prioritize localization strategies to achieve self-sufficiency in critical areas, potentially leading to increasingly isolated innovation ecosystems.” The new…
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E.U. Partners With Venture Capital Firms to Boost Tech Investment
The European Union has announced that it is teaming up with 71 investors that will co-invest in innovative tech projects in the region. Together, the venture capital funds, public investment banks, foundations, and corporate venture funds represent over €90 billion of assets. The so-called “Trusted Investors Network” was launched on Monday to help finance “high-risk deep tech companies that have…
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Software developers, security experts, and even investment bankers all report that ‘tool sprawl’ is burning budgets and wasting employees’ time
Bloated software ecosystems saturated with underutilized or inefficient SaaS tools are bogging down practitioners operating across a range of different industries, but what can be done to remedy the situation? Enterprises have complained repeatedly about being bogged down by the digital complexity in their IT estates, which is not only impacting productivity, but also expanding attack surfaces and exposing them…
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£6.3 billion data center investment marks major ‘vote of confidence’ for UK tech industry
Four US firms have announced plans to invest a total of £6.3 billion in data center infrastructure across the UK in a move described by technology secretary Peter Kyle as a ‘vote of confidence’ in Britain. The deals with CyrusOne, ServiceNow, CloudHQ, and CoreWeave, announced as part of this week’s International Investment Summit, bring the total investment in UK data…
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UK govt appoints Microsoft CEO to chair industrial strategy council as it looks to attract tech investment
Microsoft’s UK CEO Clare Barclay will chair the government’s new Industrial Strategy Advisory Council as part of a sharpened focus on UK tech investment. Announced jointly by Business and Trade Secretary Jonathan Reynolds and UK Chancellor Rachel Reeves, the council will look to deliver a modern industrial strategy focused on eight key areas. Digital and technologies are one of these…
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UK IT leaders prioritize cloud investment – but AI skills shortages continue to cause worries
Preparing for AI adoption has become a major factor in determining cloud strategies in the UK, but more than eight in ten IT managers say there’s an urgent AI skills gap. Almost all (98%) leaders surveyed for a new Red Hat report said they saw advantages in adopting enterprise open source solutions for AI, mostly through accelerating innovation and cost-efficiency.…
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Microsoft just announced its biggest ever investment in Italy
Microsoft has announced plans to invest €4.3 billion over the next two years to expand its hyperscale cloud and AI data center infrastructure in Italy, marking its biggest investment in the country yet. The move means that Italy North will become one of Microsoft’s largest data center regions in Europe, with the development playing a crucial role in meeting European…
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“Values drive value” – Salesforce Ventures is ramping up AI investment, and ethical development is a key focus
Salesforce Ventures has unveiled another $500 million AI investment fund, bringing its total funding for AI entrepreneurs to $1 billion – and the company has no plans to slow down support for innovators, according to a senior company figure. The expansion of the fund doubles down on its backing of high-growth companies operating in the AI industry. When it first…
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