Oracle Corporation is an American multinational computer technology company founded in 1977 and headquartered in Austin, Texas. It specializes in database software and cloud computing. As of 2020, it was the third-largest software company in the world by revenue and market capitalization. According to reports, Oracle has announced plans to invest $6.5 billion USD to…
Alphabet: $3.3 Billion Data Center Investment
Alphabet, the parent company of Google, has announced plans to invest $3.3 billion USD to build two new data centers in Dorchester County, South Carolina, and expand its existing data center in Berkeley County. According to reports, the facilities in Dorchester County will receive an investment of $2 billion USD and will create 200 new…
Samsung To Invest $1.8 Billion In Vietnam
Samsung has announced plans to invest $1.8 billion USD in Yen Phong Industrial Park in Bac Ninh province, Vietnam, to manufacture organic light-emitting diode (OLED) displays. According to reports, the new facility will be used for the production of OLED displays for automobiles and technology equipment to expand Samsung’s presence in the region. The report…
Apollo To Invest $5 Billion In Intel
Apollo Global Management, Inc. is an American asset management firm founded in 1990 and headquartered in New York City. It provides investment management services like private equity, credit, real assets, etc. As of 2022, the company had $548 billion USD of assets under management. According to reports, Apollo has announced plans to invest $5 billion…
BlackRock & Microsoft: $30 Billion AI Investment
BlackRock and Microsoft have announced plans to launch a Global AI Infrastructure investment partnership of $30 billion USD to develop artificial intelligence infrastructure as well as data centers and energy projects. According to reports, MGX, the Abu Dhabi-backed investment firm, and Nvidia will be contributing technical expertise for AI data centers and factories as the…
Stellantis: $385 Million Investment In Argentina
Stellantis has announced plans to invest $385 million USD in its plant in the province of Córdoba, Argentina, between 2025 and 2030. According to reports, this investment is part of Stellantis’ bigger plan to invest $6.22 billion in South America during the same period and will be used to build a new line of vehicles,…
TotalEnergies: $444 Million Joint Venture Investment
TotalEnergies has announced plans to invest $444 million USD in a joint venture with Adani Green Energy to develop a 1,150 megawatt solar power portfolio in India. According to reports, the portfolio will consist of a mix of operational and under-execution solar assets. The joint venture will be split 50:50 between Adani Green and TotalEnergies….
Google: $850 Million Investment In Latin America
Google has announced plans to invest $850 million USD to open a second data center in Canelones, Uruguay, in Latin America to contribute to the professional and technological development in Uruguay and the entire region. The report further mentions that the investment is expected to boost connectivity and support the development of government, businesses, and…
China Invests $6.1 billion In Computing Data Centers
China has invested over $6.1 billion USD in a nationwide project to build computing data centers. This investment is part of the “Eastern Data, Western Computing” project, which was launched in early 2022 to build a ‘digital China.’ According to reports, the project aims to build eight major data center hubs in the western regions…
HP: $50 million Semiconductor Investment In Oregon
HP, Hewlett-Packard, is a multinational technology company founded in 1939 and headquartered in Palo Alto, California. It develops hardware, software, and related services to consumers in government, health, and education sectors. According to reports, HP has been awarded a $50 million USD investment by the United States Department of Commerce to support the expansion and…