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Egypt launched the first government data center

CIO

Situated along the Ain Sokhna highway, the center spans 23,500 square meters, with 10,000 square meters designated for current infrastructure and the remainder reserved for future expansions. Egypt’s digital strategy primarily aims to provide better and easier services to citizens and encourage entrepreneurship.

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Stacklet raises $18M for its cloud governance platform

TechCrunch

Stacklet , a startup that is commercializing the Cloud Custodian open-source cloud governance project, today announced that it has raised an $18 million Series A funding round. “When I joined Capital One, they had made the executive decision to go all-in on cloud and close their data centers,” Thangavelu told me.

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Damac Group expands into Spain with 400 million euros data center investment in Madrid

CIO

The data center market in Spain continues to heat up with the latest major development from Dubai-based Damac Group. The company has announced its entry into the Spanish market with the acquisition of land in Madrid, where it plans to build a state-of-the-art data center.

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Pliops lands $100M for chips that accelerate analytics in data centers

TechCrunch

Part of the problem is that data-intensive workloads require substantial resources, and that adding the necessary compute and storage infrastructure is often expensive. For companies moving to the cloud specifically, IDG reports that they plan to devote $78 million toward infrastructure this year.

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AI market evolution: Data and infrastructure transformation through AI

CIO

AI a primary driver in IT modernization and data mobility AI’s demand for data requires businesses to have a secure and accessible data strategy. Data mobility across data centers, cloud, and edge is essential, but businesses face challenges in adopting edge strategies.

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How Du’s vision for sovereign cloud and AI will transform UAE’s digital governance

CIO

Du, one of the largest telecommunications operators in the Middle East, is deploying Oracle Alloy to offer cloud and sovereign AI services to business, government, and public sector organizations in the UAE. In particular, AI’s integration into government services will streamline and improve efficiencies across multiple sectors.

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AWS to invest $5.3 to build data centers in Saudi Arabia to bolster tech in the region

CIO

billion in the Middle East kingdom to build data centers and a significant cloud presence in the region. Chinese competitor Huawei also has invested $400 million in cloud infrastructure for its services in Saudi Arabia. Microsoft already has said it would invest $2.1 billion to launch new cloud areas.