Telenor sells 30 percent stake in Thailand’s True Corporation to Arise Digital Technology
The sale will net Telenor $3.9 billion
The sale will net Telenor $3.9 billion
Negotiations are ongoing, but nothing has been agreed yet
Funding will be used to commercialize technology and support US expansion
Could power the tech firms AI ambitions
Funds secured from ESA member states
JICT claims a 30 percent stake and invests $340 million in the JV
The project has secured long-term power infrastructure
Two combine to create an AI cloud offering
Claims a clear correlation between aggressive data center ramp-up and rising revenue
Telco's data center spin-out acquires sites from Doha Venture Capital
Company expected to receive its first shipment of RNGD AI chips later this month
CK Hutchison is looking to divest assets in Europe
Acquisition to close in first half of this year
The investment was made alongside DigitalBridge through Skyline JV
Financing will be used to develop its MNL1 data center
Deal is expected to close in the second half of 2026
Partners with Primary Digital to advance data center project
Acquired from Pine Gate Renewables
Round was led by Stripes and included participation from Peter Thiel
Merge Labs emerged from stealth last week following a $252 million seed round
First RISC-V company to partner with Nvidia on the interconnect technology
Funding round was led by Ireland Strategic Investment Fund, with participation from European Innovation Council Fund and TNO Ventures, among others
Projects proposed by True Internet, GSA, Stellar DC, and Freyr Tech
Nvidia H200 and AMD MI325X GPUs will be subject to the levy