News
AI 3 days ago
McDonald’s partners with Google Cloud for GenAI transformation
McDonald’s Corporation has announced ambitious targets focusing on the integration of advanced cloud technology. As part of its Accelerating the Arches strategy, the fast food giant aims to connect thousands of its restaurants worldwide with Google Cloud technology.
This initiative, set to begin in 2024, is designed to enhance operations and improve the experience for…
Data Centre 3 days ago
Brookfield Infrastructure Fund V raises record £23bn
Brookfield Asset Management has raised £23 billion ($30 billion) at the close of its flagship global infrastructure equity fund.
The asset management company announced that the Brookfield Infrastructure Fund V (BIF V) successfully secured £22 billion ($28 billion), along with around £1.5 billion ($2 billion) in related co-investment vehicles.
BIF V now…
Cloud 3 days ago
EC approves €1.2bn for European cloud and edge computing project
The European Commission has given the green light, under EU State aid rules, for an Important Project of Common European Interest (IPCEI) focused on advancing cloud and edge computing technologies.
This project, known as IPCEI Next Generation Cloud Infrastructure and Services (IPCEI CIS), is a collaborative effort by seven EU Member States, including France, Germany,…
