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(Reuters) - Intel on Wednesday said it was forming a new independent company around its artificial intelligence software efforts with backing from digital-focused asset manager DigitalBridge Group and other investors.
KUALA LUMPUR: Time dotCom Bhd (Time) has completed its transactions with funds affiliated with New York-listed DigitalBridge Group Inc for a strategic partnership intended to accelerate the expansion of AIMS Group (AIMS) data centre business across Asia.
Time dotCom Bhd has completed its transactions with funds affiliated with New York-listed DigitalBridge Group Inc for a strategic partnership intended to accelerate the expansion of AIMS Group data centre business across Asia.
(Reuters) -DigitalBridge Group Inc has agreed to buy data center operator Switch Inc for $11 billion, including debt, marking the latest deal in the digital asset sector that has attracted large private equity firms and infrastructure funds.
KUALA LUMPUR: DigitalBridge Group Inc has acquired an ownership stake in data centre operator AIMS Group from Time dotCom Bhd.
SINGAPORE: Malaysian telecoms firm TIME dotCom is selling a major stake in its data centre business to U.S. infrastructure investor DigitalBridge Group for about 2 billion ringgit ($437.64 million), the companies announced on Tuesday.
KUALA LUMPUR: US-headquartered digital infrastructure firm DigitalBridge Group is expected to start investing more than RM4bil in Malaysia’s infrastructure sector by the end of 2023, says Datuk Seri Anwar Ibrahim.
In a tough year for dealmaking in the Asia-Pacific, Malaysia is proving to be a bright spot.
Analysts remain positive about Time dotCom Bhd’s core business as the telecommunications service provider continues to pursue growth this year.
(Reuters) - Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone and collateralized by Nvidia chips, with the funds to be used to expand to meet rising AI workload, the company said on Thursday.
KUALA LUMPUR: Malaysia's digital economy is on course to hit its goal of contributing more than 25.5% of the nation's gross domestic product (GDP) by 2025, says Fahmi Fadzil.
KUALA LUMPUR: The Malaysia Digital Economy Corp (MDEC) aims to attract RM1bil worth of digital investments and generate 49,000 employment opportunities across nine promoted sectors by 2025 under its Malaysia Digital Catalytic Programmes (Pemangkin).
NEW YORK (Reuters) - Tom Barrack, a onetime fundraiser for Donald Trump, testified on Thursday at his trial on charges of being an illegal foreign agent that he urged the then-president to use the murder of Saudi journalist Jamal Khashoggi as a "lever" to get the kingdom to end a blockade on Qatar.
NEW YORK (Reuters) -There was "nothing nefarious" about former private equity executive Tom Barrack's ties with United Arab Emirates officials, Barrack's defense lawyer said in closing arguments on Tuesday, denying prosecutors' charges that former U.S. President Donald Trump's onetime ally was an illegal foreign agent.
NEW YORK (Reuters) -Tom Barrack, a onetime private equity executive and fundraiser for former President Donald Trump, was found not guilty by a jury on Friday of unlawfully acting as an agent of the United Arab Emirates.
JAKARTA (Bloomberg): PT Indosat is considering selling some telecommunications towers, as the Indonesian carrier continues to offload assets amid rising demand for digital infrastructure, people familiar with the matter said.
MANILA (Bloomberg): PLDT Inc, the Philippines’ biggest telecommunications and digital services provider by market value, is considering selling its local towers in a deal that could be worth about US$800 million, according to people with knowledge of the matter.
DUBAI: A subsidiary of the Abu Dhabi Investment Authority (ADIA) has acquired a significant minority stake in southeast Asia-focused digital infrastructure platform EdgePoint Infrastructure, ADIA said in a statement on Thursday.
