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Good as gold: Why Is gold such a prized commodity?
Fintech

Good as gold: Why Is gold such a prized commodity?

Gold remains a prized commodity due to its role as a store of value, a hedge against inflation, and its appeal during economic uncertainty and market volatility.

By Greg Boland • 5 min read • Thu, 20th Jun 2024

Global Stories

Investment stories

SAS named leader in 2024 Gartner Quadrant for 9th year
Data Science

SAS named leader in 2024 Gartner Quadrant for 9th year

For the ninth consecutive year, SAS has been named a Leader in the 2024 Gartner Magic Quadrant for its SAS Viya product, cementing its role in DSML platforms.

By Melania Watson • 3 min read • Wed, 26th Jun 2024
Affinda raises USD $10 million to expand AI team & global reach
Artificial Intelligence

Affinda raises USD $10 million to expand AI team & global reach

Affinda Group secures USD $10 million in latest funding round, raising total to USD $22.9 million over 18 months, and now valued at USD $120 million.

By Kaleah Salmon • 3 min read • Tue, 25th Jun 2024
Cybersecurity, AI, IoT top enterprise tech priorities for 2024-2025
Customer Relationship Management

Cybersecurity, AI, IoT top enterprise tech priorities for 2024-2025

New IoT Analytics research identifies top tech priorities for 2024-2025, spotlighting cybersecurity, process automation, and IT software, with AI rising to fourth place.

By Catherine Knowles • 3 min read • Thu, 20th Jun 2024
Equinix invests $240 million to expand AI infrastructure
Hyperscale

Equinix invests $240 million to expand AI infrastructure

Equinix has invested $240 million to expand data centres in Sydney and Melbourne, addressing AI demands with over 4,000 new cabinets and cooling solutions.

By Melania Watson • 3 min read • Thu, 20th Jun 2024
AccountsIQ secures Series C investment of EURO €60 million
Investment

AccountsIQ secures Series C investment of EURO €60 million

AccountsIQ has secured a Series C investment of EURO €60 million from Axiom Equity to develop AI-powered products, expand its team, and enhance AI capabilities for its users.

By Kaleah Salmon • 3 min read • Tue, 18th Jun 2024
Hands-on Review: Kobo Libra Colour
Wireless Networks

Hands-on Review: Kobo Libra Colour

Kobo's Libra Colour eReader, priced at NZD $399, brings vibrant colours to life for children's books, magazines, and graphic novels.

By Tom Richmond • 5 min read • Thu, 13th Jun 2024
Investment in data centres surges, ABS gaining traction
Artificial Intelligence

Investment in data centres surges, ABS gaining traction

Global investment in data centres hits USD $22 billion in five months, with asset-backed securitisations driving financial strategies, Linklaters reports.

By Sean Mitchell • 3 min read • Wed, 12th Jun 2024
Australian executives predict AI-driven business growth in 2024
Fintech

Australian executives predict AI-driven business growth in 2024

A new survey by OpenText Cybersecurity reveals that 92.5% of Australian executives in MSPs and MSSPs foresee significant business growth driven by AI investments in the next year.

By Catherine Knowles • 3 min read • Tue, 11th Jun 2024
HSBC & BNY Mellon to pilot Quantexa's new AI technology
Risk & Compliance

HSBC & BNY Mellon to pilot Quantexa's new AI technology

HSBC and BNY Mellon join Quantexa's Lighthouse Programme to deploy Q Assist, a context-aware generative AI suite, debuting at London Tech Week to optimise financial services.

By Catherine Knowles • 3 min read • Tue, 11th Jun 2024
AI in Commerce: Why retailers need to beware
Customer Experience

AI in Commerce: Why retailers need to beware

Retailers must tread cautiously with AI technology, where data quality and ethical use are critical for truly beneficial outcomes.

By Graham Jackson • 4 min read • Tue, 11th Jun 2024
UK leads Europe in digital FDI growth despite overall decline
Cloud Services

UK leads Europe in digital FDI growth despite overall decline

The UK has secured its position as Europe's top destination for digital FDI with 255 projects in 2023, according to EY's latest survey, outpacing the continent amidst a broader decline.

By Kaleah Salmon • 3 min read • Tue, 11th Jun 2024
Majority of firms bolster SaaS security despite economic woes
Cloud Security

Majority of firms bolster SaaS security despite economic woes

A CSA survey shows that 70% of firms have dedicated SaaS security teams despite economic challenges, and 39% increased their SaaS cybersecurity budgets.

By Shannon Williams • 3 min read • Fri, 7th Jun 2024

Stories from Other Regions

Investment stories

Milieu Insight & FemTech Asia reveal insights into SEA femtech
Social Media

Milieu Insight & FemTech Asia reveal insights into SEA femtech

Milieu Insight and FemTech Association Asia's latest report reveals femtech adoption by 60% of consumers in Southeast Asia, spotlighting strong growth and interest.

By Kaleah Salmon • 3 min read • Fri, 14th Jun 2024
Unit4 launches Success4U to optimise ERP system deployments
DevOps

Unit4 launches Success4U to optimise ERP system deployments

Unit4 launches Success4U to optimise ERPx deployment, promising reduced costs and improved user experience through its 'Land, Adopt, Expand' strategy.

By Catherine Knowles • 3 min read • Fri, 14th Jun 2024
Kramer acquires Ashton Bentley to enhance UCC offerings
Acquire

Kramer acquires Ashton Bentley to enhance UCC offerings

Kramer has acquired Ashton Bentley, a move poised to boost its offerings in the Unified Communication and Collaboration sector with integrated hybrid conferencing solutions.

By Kaleah Salmon • 2 min read • Thu, 13th Jun 2024
Hydrogen fuel cells promise reliable power, zero emissions
Hyperscale

Hydrogen fuel cells promise reliable power, zero emissions

Hydrogen fuel cells, seen as the future of zero-emission power, come with significant CO2 reduction potential. Kohler invests in its sustainable adoption.

By Keith Khoo • 7 min read • Wed, 12th Jun 2024