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Infrastructure

Google plans $15 billion expansion of Malaysian data centers and cloud operations

Alphabet's Google said it plans to spend $15 billion on expanding its data center and cloud operations in Malaysia. The planned investment comes as the artificial intelligence boom fuels demand for the digital infrastructure that supports those operations.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Infrastructure
Infrastructure

Pure Data Centres raises $780 million for regional build-out

Pure Data Centres Group, backed by Oaktree Capital Management, has raised $780 million in financing to help fund a build-out across Europe and the Middle East. The financing includes an option to expand it by a further $1.1 billion.

Science
Science

MIT-led team receives up to $38 million for disease-monitoring patch

An MIT-led team has received funding from the U.S. Advanced Research Projects Agency for Health for a four-year project worth up to $38 million to develop a wearable patch that continuously monitors biomarkers of heart disease and sepsis.

Capital
Capital

EloElo raises $80M Series C at $500M valuation

India-based EloElo raised an $80M Series C led by Hornbill Capital and NBCU at a $500M valuation, TechCrunch reported. Its Story TV microdrama app has 33M+ estimated active users. The financing comes as more than 118 million users watch microdramas every month in India.

Capital
Capital

JawBuddy raises €818k to fund jaw therapy study and reimbursement efforts

Leipzig startup JawBuddy has raised €818k in pre-seed funding led by healthcare platform HALBZEIT to fund an efficacy study and pursue health insurer reimbursement for its jaw therapy app. The total includes the Business Angel Bonus from Sächsische Aufbaubank.