Tag: infrastructure
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Iran renews attacks on Gulf states after another night of US strikes
Both sides also took aim at shipping traffic, with the US saying it was enforcing a naval blockade while Iran said it targeted vessels that violated its rules on navigating the Strait of Hormuz.
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SpaceX’s near-term AI payoff seen tethered to Earth, not outer space
July 10 : Elon Musk may have pitched a future where space powers AI, but Wall Street analysts say SpaceX’s near-term value remains firmly tethered to Earth, where it is building out the infrastructure underpinning the AI boom.Infrastructure providers, particularly data centers, are poised to be among the bigg
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Special delivery: Italy’s postman joins the AI infrastructure race
MILAN, July 10 : Italy has picked an unlikely champion to develop its technology infrastructure and protect digital sovereignty: its national postman.Poste Italiane, the postal service which pays out pensions through 12,600 post offices that are as much a feature of remote towns as the local church, is bettin
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Sumitomo Mitsui Trust Bank to buy 15% stake in infrastructure investor Morrison
TOKYO, July 7 : The trust bank unit of Japan’s Sumitomo Mitsui Trust Group will acquire a 15 per cent stake in infrastructure investment manager Morrison and make an initial $500 million commitment to two Morrison strategies, the companies said on Tuesday. The 15 per cent stake is expected to be in the ten
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Venezuela’s infrastructure long a disaster waiting to happen
Even before June’s devastating earthquakes, Venezuelans experienced electricity outages that affected the supply of drinking water, as well as serious failures in public services, transportation and telecommunications.
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Australia-Vanuatu deal bars foreign bases in island nation
Australia and Vanuatu have signed a deal seen as a bid to check China’s growing security presence in the region. But an economic deal between Vanuatu and China is still in the works.
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EU energy ministers secure greater role in bloc’s future power grid
The EU’s Cypriot Presidency has successfully reached an agreement among EU countries that paves the way for talks between the European Parliament and the Council. #EuropeNews
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KKR launches $10 billion AI infrastructure company with Nvidia, Vistra
June 11 : A KKR-led group on Thursday launched a new company with more than $10 billion in committed capital to finance the build-out of AI infrastructure, the latest effort by an alternative asset manager to capitalize on growing demand for AI services.The Kuwait Investment Authority, AI chip giant Nvidia an
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Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says
June 3 : Private infrastructure and real estate capital are expected to play a larger role in financing the AI-driven data-center boom, as companies move beyond traditional forms of funding, Goldman Sachs said in a note on Tuesday.• Goldman increased its combined capex forecast for the four largest hypersca
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Russia is targeting civilian infrastructure in Ukraine
As temperatures climb in Ukraine, Russian attacks seem to have shifted focus from energy infrastructure to critical water supplies, petrol stations and civilian institutions in an effort to drive out Ukrainians,
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