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China is drafting a $295bn plan to build AI data centres, and to lock Nvidia out of them

Artificial Intelligence, Business, China, Digital Marketing, Government and policy, nvidia, SEO Tips, Technology /

China wants to win the AI race on its own hardware. A new plan shows just how much it is willing to spend, and how far it will go to cut American chips out of the picture. Beijing is drafting a blueprint to spend around 2 trillion yuan ($295bn) over the next five years building […]

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Amazon employees ask Seattle to put the brakes on new data centers

AI, Amazon, Digital Marketing, Policy, Report, SEO Tips, Tech, Technology /
On Tuesday, the Seattle City Council will vote on whether to enact a one-year moratorium on new data centers – just two months after several companies proposed building five large-scale centers in the city. Among the moratorium’s fiercest supporters are current employees from the city’s biggest tech giant, Amazon, who joined others to testify in […]

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Finland’s ICEYE hits a €10bn valuation, quadrupling in six months as Europe scrambles for its own spy satellites

Business, Defence, Digital Marketing, Europe, Investors and funding, SEO Tips, Space, Technology /

Six months ago, ICEYE was worth €2.4bn. Today it is worth more than €10bn. Few numbers capture Europe’s defence-tech boom as bluntly as that. The Finnish satellite company has raised €450mn in a Series F round led by General Atlantic, valuing it at over €10bn ($11.5bn), a fourfold jump since December. Counting a secondary sale […]

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Europe’s best-funded rocket startup just raised €270M, and now Isar Aerospace has to actually reach orbit

Business, Defence, Digital Marketing, Europe, Investors and funding, SEO Tips, Space, Technology /

Europe has the ambition to reach space on its own. What it lacks is rockets that work. Isar Aerospace has just raised €270mn to fix the first problem, and in less than a week it gets another chance to fix the second. The Munich startup, one of Europe’s best-funded space companies, closed a €270mn Series […]

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