Every StartupHub.today article filed under Cloud Computing.
Egyptian Telecom has decided to cancel its deal with Helios Investments for a majority stake in the RDH regional data center complex. The company cited unfulfilled legal and contractual requirements as the reason. However, Egyptian Telecom confirmed it's still moving forward with its strategy to separate and expand its data center business through a wholly-owned subsidiary in the Egyptian market.
Alibaba is making huge moves in AI! They're restructuring their AI business, launching exciting new models, and expanding their cloud infrastructure globally to 105 availability zones across 32 regions. All of this is backed by a massive $53 billion investment, setting the stage for their leadership in the AI-driven economy.
Amazon is bumping up the price of one of its key AI cloud services by 20% starting in July. This comes as the world faces an ongoing shortage of crucial HBM chips and a huge demand for computing power.
Rackspace Technology has officially opened its new regional headquarters in Riyadh. This exciting move is all about boosting cloud and AI services and accelerating Saudi Arabia's digital transformation journey, perfectly aligning with the ambitious goals of Vision 2030.
Zoom is making a big move in Saudi Arabia by launching a new data center. This investment aims to supercharge the country's AI capabilities and digital infrastructure, supporting its ambitious digital transformation goals and ensuring data stays local.
This fantastic achievement highlights the ongoing progress in Egypt's higher education sector. It shows a strong focus on building practical skills, fostering digital innovation, and preparing students to shine in global tech competitions.
