Tag: #expansion35 results
RoboSense (深圳市速騰聚創科技有限公司) has established a new subsidiary in Tianjin with a registered capital of 5 million RMB. The new entity focuses on AI hardware, smart robotics, and intelligent vehicle equipment.
Virginia-based AI startup Trase is establishing a new presence in the Seattle area. This expansion follows a significant $107 million seed funding round and the strategic hiring of a former AWS executive.
Alibaba Cloud has launched its first data centers in Paris, France, marking its third European hub. This expansion comes as the EU increases regulatory pressure on foreign cloud providers.
DeepL has acquired Mixhalo to integrate live-event audio streaming and translation capabilities. This move also marks the company's expansion into the U.S. market with a new San Francisco office.
Core42, the AI infrastructure arm of UAE's G42, has leased 20 megawatts in a converted Minneapolis office turned data center. This marks G42's expansion into US AI compute infrastructure. The deal positions Core42 as anchor tenant, bypassing Silicon Valley hyperscalers.
Nscale Global Holdings plans €695 million ($812 million) infrastructure spend in Portugal. This expands its partnership with Microsoft Corp. for a data center site.
Delta Electronics plans accelerated plant expansions to resolve production bottlenecks. Surging AI data center demand propelled first-quarter earnings to a record high.
OpenAI has poached an executive from Airbnb to serve as its first managing director for EMEA. This hire will oversee operations and expansion in Europe amid rising political concerns over reliance on US AI services.
UAE's leading AI firm G42 is continuing its expansion despite regional infrastructure attacks linked to the Iran war. The company states its data center campus remains on track. Overseas plans are also proceeding unaffected.
OpenAI plans to nearly double its workforce by end of 2026. The expansion aims to counter competition from Anthropic and Google.