Investment stories - Page 8
Avanade report: mid-market firms embrace AI despite hurdles
Mon, 18th Nov 2024
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data analytics
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digital transformation
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genai
Avanade's new Trendlines report reveals mid-market firms are eager to adopt AI despite facing significant challenges in achieving sustainable success.
HMC Capital acquires iseek platform for AUD $400 million
Fri, 15th Nov 2024
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hyperscale
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dc
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asx
HMC Capital has acquired data centre platform iseek for AUD $400 million, enhancing its strategy to launch a Global Digital Infrastructure Platform.
CloudBolt & CloudEagle.ai join forces for SaaS savings
Mon, 11th Nov 2024
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saas
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investment
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cloudbolt
CloudBolt Software has teamed up with CloudEagle.ai to enhance cloud and SaaS management, aiming for increased returns on USD $4 billion investments.
CVC & CD&R finalise investment in Epicor software firm
Fri, 8th Nov 2024
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investment
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epicor
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cvc
CVC and Clayton, Dubilier & Rice have completed their investment in Epicor, enhancing its enterprise software capabilities and governance structure.
Bitcoin is about to hit an all-time high! Now what?
Wed, 6th Nov 2024
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crypto
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blockchain
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defi
As Bitcoin nears an all-time high, investors like Sarah are eager to understand the market cycle and develop sound strategies for their investments.
Spot AI unveils Video AI Agents after USD $31m funding
Fri, 1st Nov 2024
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edutech
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education, learning & training
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investment
Spot AI has unveiled its new Video AI Agents, revolutionising surveillance technology following a recent funding round that secured USD $31 million.
Silicon Valley Bank provides USD $50M to Bugcrowd
Fri, 1st Nov 2024
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crypto
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cloud security
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blockchain
Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.
Cohesity appoints Vasu Murthy as Chief Product Officer
Wed, 30th Oct 2024
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data protection
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ai security
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ai
Cohesity has appointed Vasu Murthy as Senior Vice President and Chief Product Officer to enhance its data security portfolio amid substantial growth.
Is Crypto gambling? Let's 'roll the dice' on this debate
Tue, 29th Oct 2024
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crypto
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blockchain
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risk & compliance
As cryptocurrencies polarise opinion, the debate rages: is crypto merely gambling, or a daring avenue for diversifying investments?.
Zoho invests USD $10m in NVIDIA AI for language models
Fri, 25th Oct 2024
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saas
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data privacy
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llms
Zoho has announced a partnership with NVIDIA to enhance its AI capabilities, investing USD $10 million to improve large language models for its SaaS applications.
ANZ leads in observability investment & business value
Fri, 25th Oct 2024
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devops
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siem
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digital transformation
Splunk's latest report reveals that organisations in Australia and New Zealand lead global observability spending, investing AUD $3.4 million annually.
Socket secures USD $40m series B to combat supply threats
Wed, 23rd Oct 2024
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application security
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advanced persistent threat protection
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supply chain
Socket has completed a USD $40 million funding round, aiming to enhance security for open-source software amid rising supply chain attacks.
Telecom firms lead the way in GenAI adoption & investment
Fri, 11th Oct 2024
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uc
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data analytics
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cx
A new study reveals that 70% of telecommunications firms are adopting generative AI, outpacing other sectors in investment and implementation.
Mobii partners with North Rakaia for NZ green data centre
Tue, 8th Oct 2024
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hyperscale
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dc
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ai
Mobii Green Energy Group has partnered with North Rakaia Ltd to launch a green hydrogen data centre in Canterbury, featuring an initial investment of USD $2 billion.
Layer secures USD $6m to boost decentralised web tech
Tue, 8th Oct 2024
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crypto
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blockchain
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software development
Layer has raised USD $6 million in seed funding to enhance trust in internet software, spearheading advancements in decentralised application technology.
ANZ SOC teams distrust legacy tools, turn to AI solutions
Fri, 4th Oct 2024
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semiconductors
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advanced persistent threat protection
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socs
A Vectra AI report reveals 69% of ANZ SOC practitioners fear missing cyber threats due to legacy tools, while AI gains trust as a modern solution.
ANZ leaders invest USD$15 million in generative AI for 2024
Wed, 2nd Oct 2024
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genai
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ai
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software development
Australia and New Zealand are outpacing the world in generative AI investment, committing USD$15 million in 2024, surpassing the global average.
Tiger Global invests $20 million into LiquidStack's Series B
Thu, 26th Sep 2024
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manufacturing
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datacentre infrastructure
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hpc
LiquidStack has secured a $20 million boost from Tiger Global in its Series B funding, raising the total to $35 million to enhance cooling solutions.
'How much crypto users buy' is the wrong success metric for a crypto exchange
Wed, 25th Sep 2024
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mfa
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crypto
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blockchain
Easy Crypto reveals it returned NZD $2.7M to customers affected by fraud, shifting focus from trading volume to security and user protection in the crypto space.
Salesforce to offer free AI training to close skills gap
Thu, 19th Sep 2024
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martech
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cdp
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ai
Salesforce will offer its premium AI courses for free on Trailhead until end-2025, investing over USD $50 million to bridge the AI skills gap.