EU Throws Billions at AI ‘Gigafactories’ in Catch-Up Bid
The European Investment Bank and European Commission have signed a deal to finance new AI data centers. This move supplements a massive €20 billion grant program announced earlier in 2025.
The European Investment Bank and European Commission have signed a deal to finance new AI data centers. This move supplements a massive €20 billion grant program announced earlier in 2025.
Oracle’s stock has swung wildly this year, up 30% but with a 23% October plunge. The company just raised $18 billion in debt to fund its AI buildout, banking on a $300 billion deal with OpenAI.
Google is adding a suite of new video editing features to Google Photos. The update includes pre-made templates and a faster, more intuitive editor for crafting highlight reels on mobile.
Network complexity and AI projects are pushing enterprises to seek new automation tools. A surprising 99% of networking professionals believe generative AI will be the key to unlocking those benefits, with a focus on security and troubleshooting.
Telecom group Veon has begun construction on a new data center in Almaty, Kazakhstan. The 2MW facility, operated by its Beeline Kazakhstan and Hyper Cloud Solution units, is slated to launch by the end of 2026. It aims to provide sovereign cloud and AI services, keeping data local.
Vero Fiber has acquired BendTel, a local provider serving Central Oregon since 2003. The deal strengthens Vero’s regional push as it integrates BendTel’s commercial customers and network.
A joint US-Canadian cybersecurity advisory reveals Chinese state-sponsored hackers are deploying a sophisticated backdoor called BRICKSTORM on VMware vCenter and ESXi servers. The malware, written in Go, has gone undetected for an average of 369 days, allowing attackers to move laterally through net
Japanese investment giant SoftBank is considering a major acquisition to fuel its AI ambitions. The target is DigitalBridge, a data center investor with over $100 billion in assets. But can SoftBank actually pull this off?
OpenAI is officially planting its flag in Australia, signing a Memorandum of Understanding with data center operator NextDC. The facility will be part of the massive S7 site in Western Sydney, capable of drawing up to 550MW of power.
A roughly half-hour outage at Cloudflare disrupted major sites like LinkedIn, Shopify, and Fortnite. The company says a firewall change was to blame, and a fix was quickly deployed.