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Digital Economy Stories - Page 31

Global Stories

Digital Economy stories

SX Tasman Express to boost Australia–New Zealand bandwidth
Artificial Intelligence

SX Tasman Express to boost Australia–New Zealand bandwidth

Southern Cross, Alcatel Submarine Networks and OMS Group will build the SX Tasman Express, adding 400Tbps capacity between Sydney and Auckland by 2028.

By Sean Mitchell • 4 min read • Thu, 5th Jun 2025
BW Digital sets 1.2 Tb/s record on Hawaiki cable with Ciena
Digital Transformation

BW Digital sets 1.2 Tb/s record on Hawaiki cable with Ciena

BW Digital has set a new data record, transmitting 1.2 Tb/s per wavelength over 4,300km of the Hawaiki Transpacific Cable using Ciena's WaveLogic 6 Extreme.

By Sean Mitchell • 3 min read • Tue, 3rd Jun 2025
Australia's data centre boom shifts to regional areas
Hyperscale

Australia's data centre boom shifts to regional areas

Australia's data centre market is booming, with regional sites rising fast due to AI advances and renewable energy, doubling facilities in five years.

By Kaleah Salmon • 3 min read • Thu, 29th May 2025
Velocity secures USD $10M to build stablecoin platform
Fintech

Velocity secures USD $10M to build stablecoin platform

Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.

By Jed Nykolle Harme • 4 min read • Wed, 28th May 2025

Stories from Other Regions

Digital Economy stories

Indosat & GoTo launch Sahabat-AI LLM for five languages
Digital Transformation

Indosat & GoTo launch Sahabat-AI LLM for five languages

Indosat and GoTo have launched Sahabat-AI, a 70-billion parameter large language model supporting five Indonesian languages to boost digital sovereignty.

By Kaleah Salmon • 5 min read • Thu, 5th Jun 2025
Google Canada pledges CAD $13M for national AI training drive
Generative AI

Google Canada pledges CAD $13M for national AI training drive

Google Canada has launched a CAD $13 million AI Opportunity Fund to train over two million Canadians in AI skills, boosting workforce readiness nationwide.

By Jed Nykolle Harme • 4 min read • Thu, 5th Jun 2025
Commonwealth Bank completes major AWS data migration for AI push
Data Analytics

Commonwealth Bank completes major AWS data migration for AI push

Commonwealth Bank has completed one of the Southern Hemisphere's largest AWS data migrations, boosting its AI capabilities with 2,000 models and 157bn data points.

By Sean Mitchell • 3 min read • Wed, 4th Jun 2025
Tata enhances Asia data links with TGN-IA2 submarine cable
Digital Transformation

Tata enhances Asia data links with TGN-IA2 submarine cable

Tata Communications integrates the TGN-IA2 submarine cable, boosting high-capacity, low-latency data links across Asia for enterprises and hyperscalers.

By Catherine Knowles • 3 min read • Wed, 4th Jun 2025
NZD $9.6 billion cloud spend looms but most are unprepared
Digital Transformation

NZD $9.6 billion cloud spend looms but most are unprepared

New Zealand's cloud spending is set to reach NZD $9.6 billion by 2028, but only a third of businesses are ready to exploit its full potential.

By Sean Mitchell • 3 min read • Wed, 4th Jun 2025
CyberNorth & Sage join forces to boost North East cyber sector
Fintech

CyberNorth & Sage join forces to boost North East cyber sector

CyberNorth and Sage have partnered to boost the North East's cyber security sector, aiming to establish the region as a global innovation hub.

By Kaleah Salmon • 3 min read • Tue, 3rd Jun 2025
Equinix acquires three Manila data centres as digital economy grows
Digital Transformation

Equinix acquires three Manila data centres as digital economy grows

Equinix acquires three Manila data centres to bolster digital infrastructure amid the Philippines' USD $45bn digital economy surge in 2024.

By Sean Mitchell • 3 min read • Tue, 3rd Jun 2025
Indosat & GoTo launch multilingual AI model for Indonesia
Digital Transformation

Indosat & GoTo launch multilingual AI model for Indonesia

Indosat and GoTo launched Sahabat-AI, a 70-billion parameter large language model supporting five Indonesian languages to boost local AI and digital sovereignty.

By Kaleah Salmon • 5 min read • Tue, 3rd Jun 2025
Superloop to Deliver Digital Network for New Bradfield City
Unified Communications

Superloop to Deliver Digital Network for New Bradfield City

Superloop has been appointed to deliver and manage the digital network for Bradfield, a new city in Western Sydney set to house 10,000 homes.

By Melvin Hipolito • 3 min read • Mon, 2nd Jun 2025
Advance.CBP unveils new Makati office & plans for credit access
Fintech

Advance.CBP unveils new Makati office & plans for credit access

ADVANCE.CBP opens new office in Makati, unveiling advanced credit scoring solutions to boost financial inclusion across the Philippines.

By Catherine Knowles • 3 min read • Fri, 30th May 2025
Fundbox rebrands to power embedded finance for small business
Fintech

Fundbox rebrands to power embedded finance for small business

Fundbox shifts from direct lending to embedding capital infrastructure in platforms, aiming to bridge the USD $2 trillion small business credit gap.

By Kaleah Salmon • 3 min read • Fri, 30th May 2025
Alibaba & SAP partner to drive cloud innovation in China & beyond
Digital Transformation

Alibaba & SAP partner to drive cloud innovation in China & beyond

Alibaba Group and SAP have teamed up to boost enterprise innovation in China, with plans to extend their cloud and AI collaboration across Asia, the Middle East and Africa.

By Sean Mitchell • 3 min read • Thu, 29th May 2025
SME CyberResilience aims to boost cyber defences for 2,000 firms
Advanced Persistent Threat Protection

SME CyberResilience aims to boost cyber defences for 2,000 firms

ST Engineering and IMDA launch SME CyberResilience to provide 2,000 Singapore SMEs with free cyber threat scanning and expert guidance.

By Catherine Knowles • 3 min read • Wed, 28th May 2025
Alibaba Cloud, IMDA launch AI accelerator for 3,000 SMEs
Digital Transformation

Alibaba Cloud, IMDA launch AI accelerator for 3,000 SMEs

Alibaba Cloud and IMDA launch a Digital Accelerator Programme to help 3,000 Singaporean SMEs adopt cloud and AI technologies, supporting digital growth.

By Catherine Knowles • 3 min read • Wed, 28th May 2025