Why is Microsoft Betting On A $300 Million AI Investment in South Africa

Why is Microsoft Betting On A $300 Million AI Investment in South Africa?

News – ImpactAiNews – 11/03/2025 – Microsoft is making a bold move in Africa’s digital transformation journey with a 5.4 billion rand ($297 million) investment in South Africa in the next three years. This initiative, launched on January 23, 2025, in Johannesburg, is part of a broader $80 billion commitment to expand AI capabilities and cloud infrastructure across the globe. According to Lillian Barnard, President … Continue reading Why is Microsoft Betting On A $300 Million AI Investment in South Africa?

Lambda Raises $480M to Expand AI Cloud Platform

Lambda Raises $480M to Expand AI Cloud Platform

New capital positions Lambda as the leading platform for large-scale AI cloud infrastructure, AI inferencing, and open source AI chat Press Release – February 19, 2025 – SAN JOSE, Calif. – Lambda, the AI Developer Cloud, today announced it has raised a $480 millionSeries D, bringing the total equity capital raised to date to $863 million. The round was co-led by Andra Capital and SGW … Continue reading Lambda Raises $480M to Expand AI Cloud Platform