France bags billions from Amazon and Microsoft in AI investment
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Microsoft AI investment in France is the biggest in the country's history, $4 billion until 2027
Microsoft pours yet another billion for AI in the EU. This time, it's France that's getting a $4 billion investment for cloud & AI.
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Google invests 1 billion euros in Finnish data centre to drive AI growth
Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data centre campus in Finland to drive its artificial intelligence (AI) business growth in Europe, it said in a statement on Monday. In recent years, many data centres have been located in the Nordic countries because of the region's cooler climate, tax breaks and abundant availability of renewable power. Finland's Nordic neighbours Sweden and Norway have recently grown increasingly critical of...
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Lam Research unveils $10 billion buyback, 10-for-1 stock split
Lam Research's board has approved a 10-for-1 stock split and share buyback worth up to $10 billion, the chip-making equipment firm said on Tuesday.