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Microsoft to invest $2.7bn in Brazil’s cloud and AI infrastructure
The funding will see Microsoft expand its cloud and AI infrastructure across several datacentre campuses in São Paulo.
Alphabet invests $3.3bn in two new data centres in South Carolina
The move is expected to meet the increasing demand for the company’s cloud services and AI capabilities.
Harmonic raises $75m to advance MSI platform
Sequoia Capital-led Series A investment round values the company at $325m post-money.
Honeywell to develop Qualcomm-powered AI intelligent agent
The AI agent is intended to streamline tasks and improve workplace efficiency, mainly in customer-facing and complex workflow scenarios.
Mosyle acquires asset management software company Assetbots
Assetbots is known for its advanced asset management software tailored for SMBs and schools.
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Salesforce brokers deal to acquire AI voice agents company Tenyx
This move is expected to enhance Salesforce’s customer service by creating more natural and engaging conversational experiences.
Bain Capital outbids KKR with $4.1bn offer for Fuji Soft
Fuji Soft, which is based in Japan, specialises in embedded and operational software systems.
Texas Instruments to receive $1.6bn funding from US under CHIPS Act
The funding is expected to bolster three 300mm wafer fabs currently under construction in Texas and Utah.
Ericsson signs deal to sell US call-routing arm iconectiv to Koch
The deal, expected to conclude in first half of 2025, will result in net cash benefit of $1bn for Ericsson.
Legal tech startup Harvey secures $100m in Series C funding round
The company will use the funds to expand its team, both in terms of headcount and geographic locations.