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Top News In Hong Kong Based West Data Group Today - Breaking & Trending Today

Ethiopia Launches Bitcoin Project

Ethiopia is embarking on a groundbreaking USD 250 million bitcoin mining and AI data center project, spearheaded by BitCluster. ....

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Data Centres: Data Centres Set to Drive Demand: Genset Makers Expecting Growth in Telecom and AI Sectors |

Power generator manufacturers in Pune are expecting increased demand from the data sector segment, following the growth of telecommunications and technologies such as artificial intelligence (AI). Cummins India has projected potential orders worth Rs 500 crore in a year from data centres. Kirloskar Oil Engines is also in talks for higher capacity genset orders from new data centre clients. The power consumption of data centres is expected to increase by 678 MW to 1,400 MW in three years. ....

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Ethiopia Advances Data Center Plans Amid Bitcoin Mining Surge

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Data Centre: Ethiopia to set up large data center amid reported bitcoin mining surge, ET CIO

Data Centre: Ethiopia s strategic investment arm, Ethiopian Investment Holdings (EIH), has signed a preliminary agreement with a subsidiary of Hong Kong-based West Data Group to develop infrastructure for data mining and artificial intelligence training operations. Although the value of the project and the company s identity were initially mentioned in a social media post, these details were later removed. This partnership aims to boost Ethiopia s capabilities in these emerging technologies. ....

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Ethiopia to set up large data centre amid reported bitcoin mining surge

Ethiopia has signed a preliminary agreement to develop infrastructure for data mining and artificial intelligence training operations, the government s strategic investment arm said..
-February 16, 2024 at 07:47 am EST
- MarketScreener ....

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