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AI boom fuelling data centre expansion into Asia
Reuters, Published on 08/05/2024
» SINGAPORE - Global private equity investors and asset managers are readying for billions of dollars worth of mergers and aquisitions (M&A) and other investment linked to data centres in the Asia-Pacific region as the artificial intelligence (AI) boom fuels demand for digital infrastructure.
Meta launches 'Twitter Killer' Threads app
Reuters, Published on 06/07/2023
» NEW YORK: Meta's Mark Zuckerberg delivered a blow to Elon Musk on Wednesday night, as the tech billionaires' rivalry went live with the launch of Instagram's much-anticipated Threads platform, a clone of Twitter.
Microsoft in talks to invest $10bn in ChatGPT owner
Reuters, Published on 10/01/2023
» BENGALURU: Microsoft Corp is in talks to invest US$10 billion into OpenAI, the owner of ChatGPT, which will value the San Francisco-based firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter.
No relief for Facebook shares after Zuckerberg apology
Reuters, Published on 22/03/2018
» Shares of Facebook Inc fell 3% in premarket trading on Thursday as an apology from Chief Executive Mark Zuckerberg did little to quell Wall Street nerves about how much a row over user data privacy will cost the company.