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Chipotle invests in AI supply chain firm Lumachain
Data Analytics

Chipotle invests in AI supply chain firm Lumachain

Lumachain, an AI supply chain platform from Sydney, secures a minority investment from Chipotle's USD $100 million Cultivate Next fund to enhance food supply transparency.

By Sean Mitchell • 3 min read • Mon, 21st Oct 2024

Global Stories

Investment stories

Nick Hoar joins Volution as Senior Partner for APAC expansion
Software-as-a-Service

Nick Hoar joins Volution as Senior Partner for APAC expansion

Nick Hoar joins Volution as Senior Partner, bringing over 30 years of asset management experience to bolster the firm's global expansion efforts.

By Imee Dequito • 2 min read • Fri, 25th Oct 2024
Socket secures USD $40m series B to combat supply threats
Application Security

Socket secures USD $40m series B to combat supply threats

Socket has completed a USD $40 million funding round, aiming to enhance security for open-source software amid rising supply chain attacks.

By Sean Mitchell • 3 min read • Wed, 23rd Oct 2024
EDGNEX to build 40MW data centre in Madrid by 2026
DataCentre infrastructure

EDGNEX to build 40MW data centre in Madrid by 2026

EDGNEX Data Centers, part of DAMAC Group, is investing EUR 400 million in a new 40MW data centre in Madrid to meet rising global demand.

By Kaleah Salmon • 2 min read • Tue, 22nd Oct 2024
Telecom firms lead the way in GenAI adoption & investment
Unified Communications

Telecom firms lead the way in GenAI adoption & investment

A new study reveals that 70% of telecommunications firms are adopting generative AI, outpacing other sectors in investment and implementation.

By Kaleah Salmon • 3 min read • Fri, 11th Oct 2024
Mobii partners with North Rakaia for NZ green data centre
Hyperscale

Mobii partners with North Rakaia for NZ green data centre

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.

By Sean Mitchell • 3 min read • Tue, 8th Oct 2024
Layer secures USD $6m to boost decentralised web tech
Crypto

Layer secures USD $6m to boost decentralised web tech

Layer has raised USD $6 million in seed funding to enhance trust in internet software, spearheading advancements in decentralised application technology.

By Sean Mitchell • 3 min read • Tue, 8th Oct 2024
Aussie firms lead AI shift with strong digital literacy push
Artificial Intelligence

Aussie firms lead AI shift with strong digital literacy push

Australian companies outpace US, UK, and Europe in AI readiness, with 90% prioritising AI literacy and GTM leaders gearing up for a 20% tech investment increase by 2025.

By Catherine Knowles • 3 min read • Fri, 4th Oct 2024
ANZ SOC teams distrust legacy tools, turn to AI solutions
Semiconductors

ANZ SOC teams distrust legacy tools, turn to AI solutions

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.

By Imee Dequito • 3 min read • Fri, 4th Oct 2024

Stories from Other Regions

Investment stories

GoCardless & Pipe partner to offer finance to UK SMEs
Fintech

GoCardless & Pipe partner to offer finance to UK SMEs

GoCardless has teamed up with US fintech Pipe to launch embedded finance solutions for SMEs in the UK, streamlining access to capital for small businesses.

By Sean Mitchell • 3 min read • Wed, 23rd Oct 2024
Paladin appoints Nazo Moosa as UK Managing Director
Robotics

Paladin appoints Nazo Moosa as UK Managing Director

Paladin Capital Group has appointed Nazo Moosa as Managing Director for its European operations to enhance investment and fundraising capabilities.

By Imee Dequito • 3 min read • Tue, 22nd Oct 2024
GaiaLens wins ESG innovation funding for anti-greenwashing
Artificial Intelligence

GaiaLens wins ESG innovation funding for anti-greenwashing

GaiaLens has been named a winner of FinTech Scotland's ESG innovation call, securing funding to enhance its Greenwashing Analytics Solution.

By Catherine Knowles • 2 min read • Tue, 15th Oct 2024
Kao Data begins £350m data centre project in Stockport
EduTech

Kao Data begins £350m data centre project in Stockport

Kao Data has begun construction on a GBP £350 million data centre in Stockport, set to enhance Greater Manchester's digital infrastructure by 2026.

By Kaleah Salmon • 3 min read • Thu, 10th Oct 2024
New robotic palletising solution launched for Singapore SMEs
Robotics

New robotic palletising solution launched for Singapore SMEs

ProPal Robotics and OnRobot have unveiled Southeast Asia's first off-the-shelf palletising automation solution, targeting Singapore's SME manufacturers.

By Catherine Knowles • 2 min read • Thu, 10th Oct 2024
UK ranks lowest in 5G connectivity among major countries
Unified Communications

UK ranks lowest in 5G connectivity among major countries

A report by the Social Market Foundation reveals the UK ranks last for 5G connectivity among 15 global markets, with coverage only 10% of the time.

By Catherine Knowles • 3 min read • Thu, 10th Oct 2024
Enky introduces sustainable subscription furniture to UK
Clean technologies

Enky introduces sustainable subscription furniture to UK

Belgium-based start-up Enky launches its subscription furniture service in the UK, focusing on sustainability and the circular economy for businesses.

By Sean Mitchell • 2 min read • Wed, 9th Oct 2024
Oracle invests USD $6.5 billion in AI & cloud in Malaysia
Data Analytics

Oracle invests USD $6.5 billion in AI & cloud in Malaysia

Oracle plans to invest over USD $6.5 billion in AI and cloud services in Malaysia, launching a new public cloud region for enhanced digital capabilities.

By Sean Mitchell • 3 min read • Sun, 6th Oct 2024