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UAE firm G42 plans $2 billion hyperscale data centre in Vietnam - The Economic Times
Economic Times
·
29d ago
Medial
Abu Dhabi's G42 plans to develop a $2 billion hyperscale data center in Ho Chi Minh City, Vietnam, partnering with local companies FPT Corp., VinaCapital, and Viet Thai Group. The project, reported by Vietnam's state media, awaits the Prime Minister's input, although no specific development timeline is mentioned. The initiative marks significant international collaboration in Vietnam’s tech infrastructure, reflecting the country's growing business potential in data management and technology investments.
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Microsoft to invest $1.5 bln in Emirati AI firm G42, New York Times reports
Reuters
·
1y ago
Medial
Microsoft plans to invest $1.5 billion in G42, an AI firm in the UAE, according to the New York Times. The partnership will involve G42 using Microsoft's cloud services and adhering to a security arrangement negotiated with the US government. This move comes as G42 divests from Chinese investments and removes Chinese hardware from its operations. The agreement also includes protections for AI products and Microsoft President, Brad Smith, will take a seat on G42's board. Neither Microsoft nor G42 have commented on the investment.
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Google weighs large data centre in Vietnam, in nation's first by US big tech
Economic Times
·
11m ago
Medial
Google is reportedly considering the construction of a large data centre in Vietnam, marking the first major investment of its kind by a US tech company in the country. The proposed hyperscale data centre would be situated near Ho Chi Minh City and is seen as boosting Vietnam's attempts to attract foreign capital for data centres. Google's decision stems from the increasing number of clients using its cloud services in Vietnam and the country's growing digital economy. Although Google has not made an official comment, internal discussions are underway, with hopes for the data centre to be operational by 2027.
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Blackstone to develop Rs 4,500 Cr data centre in Hyderabad
YourStory
·
6m ago
Medial
Blackstone has partnered with the Telangana government to develop a 150 MW data centre in Hyderabad, investing Rs 4,500 crore. Teaming up with JCK Infra, the data centre will support hyperscale clients, AI applications, and cloud services, enhancing the global digital ecosystem. This initiative aligns with Telangana's vision to attract global enterprises. Meanwhile, Microsoft plans a $3 billion investment in India to expand its Azure capacity and support AI development under the IndiaAI Mission.
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Abu Dhabi targets $100 billion AUM for AI investment firm
Economic Times
·
1y ago
Medial
Abu Dhabi is establishing a technology investment firm called MGX, led by Mubadala Investment Co. and G42, targeting deals in AI and semiconductors. The company plans to manage over $100 billion in assets in the coming years. MGX will pursue partnerships in AI infrastructure, semiconductors, and AI core technologies and applications. The firm will be chaired by UAE National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan, with Mubadala CEO Khaldoon Al Mubarak as vice chairman. G42 has been involved in AI initiatives and partnerships, including collaboration with OpenAI.
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US Republican lawmakers concerned over Microsoft-G42 AI deal, letter says
Economic Times
·
1y ago
Medial
Republican lawmakers are seeking an intelligence briefing from the Biden administration regarding Microsoft's $1.5 billion investment in artificial intelligence firm G42, based in the United Arab Emirates (UAE). Their concerns stem from the transfer of sensitive technology and G42's connections to China. The lawmakers requested the briefing prior to advancing the deal's second phase. G42 and Microsoft have yet to comment on the matter. The US is considering export controls on AI technology due to national security risks. The UAE and China have existing scientific research ties. The request also mentions G42's past digital surveillance work and its associations with Huawei and DarkMatter, which were involved in cyber espionage activities.
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Princeton Digital Group to pump in $1 billion as part of India expansion for AI-ready data centres
Economic Times
·
10m ago
Medial
Data centre provider Princeton Digital Group (PDG) has announced plans to invest $1 billion in India as part of a $5 billion investment plan to establish 500 MW AI-ready data centres in Asia. This investment will increase PDG's total capacity in Mumbai and Chennai to 230 MW from the current 50 MW. PDG aims to support India's position as a global AI leader and enhance its hyperscale AI-ready infrastructure footprint in the country. The company also plans to expand its presence in Indonesia and Malaysia, in addition to India.
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Abu Dhabi-based G42 to double data centre capacity in India
Economic Times
·
11m ago
Medial
Abu Dhabi-based company G42 aims to build two gigawatt AI-ready data centres in India, doubling the nation's existing capacity. The move is part of a memorandum of understanding (MoU) between the UAE and Indian governments to co-develop sovereign AI. G42 will invest in the project and has recently unveiled NANDA, a AI model trained on 2.13 trillion tokens in Hindi and English. G42 has partnerships with major technology firms and is backed by Emirati sovereign wealth fund Mubadala. The company plans to establish a unique end-to-end sovereign AI ecosystem in India.
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Microsoft to open first regional data centre in Thailand
Economic Times
·
1y ago
Medial
Microsoft has announced plans to open its first regional data centre in Thailand. The move aims to expand the availability of Microsoft's cloud services in the region, offering enterprise-grade reliability, performance, and compliance with data residency and privacy standards. This development is expected to benefit businesses in Thailand by providing them with improved access to Microsoft's hyperscale cloud services.
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Thailand approves $2 billion worth of investments in data centres, electronics
Economic Times
·
9m ago
Medial
Thailand's Board of Investment has granted approvals for $2 billion worth of investments in data centers and electronics manufacturing. This includes a significant investment of 32.8 billion baht ($968.12 million) by a subsidiary of Alphabet Inc to establish a hyperscale data center. The move reflects the growing importance of digital infrastructure and technology in Thailand's business landscape.
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Microsoft Backed G42 Unveils Hindi LLM ‘NANDA’
Inc42
·
11m ago
Medial
G42, a company based in the UAE, has announced the launch of NANDA, a 13 billion parameter language model trained on around 2.13 trillion tokens of language datasets, including Hindi. This move positions G42 as another player in the Hindi language AI space, alongside Indian startup Sarvam AI's Hindi LLM 'OpenHathi-Hi-v0.1'. G42 previously launched an open-source Arabic language model called JAIS, claiming to have revolutionized Arabic Natural Language Processing (NLP).
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