Investment stories - Page 14

New IoT Analytics research identifies top tech priorities for 2024-2025, spotlighting cybersecurity, process automation, and IT software, with AI rising to fourth place.

Equinix has invested $240 million to expand data centres in Sydney and Melbourne, addressing AI demands with over 4,000 new cabinets and cooling solutions.

Kobo's Libra Colour eReader, priced at NZD $399, brings vibrant colours to life for children's books, magazines, and graphic novels.

Global investment in data centres hits USD $22 billion in five months, with asset-backed securitisations driving financial strategies, Linklaters reports.

A new survey by OpenText Cybersecurity reveals that 92.5% of Australian executives in MSPs and MSSPs foresee significant business growth driven by AI investments in the next year.

HSBC and BNY Mellon join Quantexa's Lighthouse Programme to deploy Q Assist, a context-aware generative AI suite, debuting at London Tech Week to optimise financial services.

Retailers must tread cautiously with AI technology, where data quality and ethical use are critical for truly beneficial outcomes.

A CSA survey shows that 70% of firms have dedicated SaaS security teams despite economic challenges, and 39% increased their SaaS cybersecurity budgets.

Forrester's report reveals that customer experience quality in Australia has stagnated or declined since 2020, with banks and government sectors hit hardest.

Freelancer appoints Catcha Group CEO Patrick Grove as Non-Executive Director to its Board, aiming to leverage his tech sector expertise to drive growth.

Google.org is investing another USD $1.5 million to boost AI capabilities for humanitarian and environmental nonprofits across the Asia-Pacific.

SMBs in Australia and New Zealand are ramping up AI investments, with nearly half planning major boosts over five years to drive growth and innovation, a survey reveals.

McConnell Dowell partners with TechnologyOne to bolster Melbourne's key infrastructure projects through a GBP £45 million investment in cutting-edge SaaS technology.

Australian CEOs support Ed Husic's tax cut proposal for AI and automation, eyeing reduced costs and shifts to local manufacturing as crucial benefits.

Tanium appoints Workday CIO Rani Johnson and TPG's Tim Millikin to its board, aiming to leverage their expertise for accelerated growth and strategic innovation.

As World Environment Day nears, Australia's AU$399 million move to boost its Net Zero Economy Authority shines a spotlight on the UK's business struggle needing £ support.

Research finds enterprises struggle with unstructured data despite its vast potential. Lack of expertise and inadequate tools are key barriers.

Australian businesses have boosted investment in assets by 22%, particularly in green technologies like electric vehicles, despite a slowing economy, reports the Commonwealth Bank.

Turn/River Capital invests in Paessler AG to fuel growth and global expansion of its IT and OT monitoring solutions, marking a significant milestone for the company.

Language AI leader DeepL lands $300M investment, boosting valuation to $2B. New funding aims to fuel product innovation and global expansion, says CEO.