The Climate Pledge Fund is named after Amazon’s pledge to be net-zero carbon by 2040. …read more Source:: Open Source S
Tag: invest
Xiaomi to invest $7.2 billion in 5G, AI, and IoT over five years
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•Xiaomi is facing stiff competition in its core smartphone business as other Chinese Android-makers, especially Huawei, continue to erode the market shares of smaller players. …read more Source:: Open Source S
Oppo to invest 50 billion yuan in smart device research
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•It is part of the company’s plans to extend its portfolio beyond smartphones …read more Source:: Open Source S
Hyundai and Kia invest $4.2m in new Korean cab-calling app
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•The app, Macaron Taxi, currently has a fleet of 200 cars with Hyundai and Kia expected to supply it with more vehicles. …read more Source:: Open Source S
Labor will invest AU$245m in regional telco programs if elected
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•Labor’s promises have mirrored the Coalition’s, with AU$160 million to go to the mobile blackspots program and AU$60 million to work on Connected Community Plans with state, territory, and local …read more Source:: Open Source S
Intel Capital announces plans to invest $117M in 14 startups
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•The investments cover companies building new AI platforms, new approaches to chip design, and new solutions for communications, manufacturing and health care. …read more Source:: Open Source S
Hyundai and Kia invest $250m in car-sharing Grab for EV adoption
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•The additional investment puts the South Korean car group’s investment in car-sharing company Grab in Southeast Asia to $275 million. …read more Source:: Open Source S
HPE plans to invest $4 billion to develop edge computing
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•The investment will cover R&D, products and consumption models for edge computing–an area that will combine 5G, IoT, cloud and analytics. …read more Source:: Open Source S
Metronode to invest AU$150m into datacentre expansion
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•The investment will see the construction of three new data halls in Metronode’s Melbourne, Sydney, and Wollongong facilities. …read more Source:: Open Source S
Equinix to invest $42m to expand Sydney datacentre
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•1,500 cabinets will be added to SY4, bringing the total operational capacity of the datacentre to 3,000 cabinets. …read more Source:: Open Source S