Databricks secures $10 billion backing from Meta

Meta Platforms has joined a $10 billion investment round for Databricks, a data analytics firm specialising in AI applications. The funding, which closed on Wednesday, values the San Francisco-based company at $62 billion. This round also included a $5.25 billion credit facility led by major financial institutions such as JPMorgan Chase and Goldman Sachs, aimed at boosting Databricks’ expansion and product development efforts.

Founded in 2013, Databricks provides tools to help businesses process, analyse, and apply artificial intelligence to complex datasets. The firm has benefited from the increasing corporate demand for AI technology, catalysed by the rapid adoption of platforms like OpenAI’s ChatGPT. Meta’s investment strengthens an existing partnership between the two, particularly in leveraging Meta’s Llama, a family of open-source large language models.

With over 10,000 organisations, including Shell and Comcast, already utilising its platform, Databricks is at the forefront of enterprise AI applications. According to CEO Ali Ghodsi, this deepened collaboration with Meta will help Databricks better serve enterprise clients using Llama, further solidifying its position in the AI race.

ByteDance boosts AI spending to strengthen global presence

ByteDance, the Chinese tech giant behind TikTok, has allocated over 150 billion yuan ($20.64 billion) for capital expenditure this year, with a significant focus on AI, according to sources familiar with the matter. About half of the investment will support overseas AI infrastructure, including data centres and networking equipment. Beneficiaries of this spending are expected to include chipmakers Huawei, Cambricon, and US supplier Nvidia, although ByteDance has denied the accuracy of the claims.

The investment aims to solidify ByteDance’s AI leadership in China, where it has launched over 15 standalone AI applications, such as the popular chatbot Doubao, which boasts 75 million monthly active users. Its international counterparts include apps like Cici and Dreamina, reflecting ByteDance’s strategy to adapt its AI offerings globally. The company also recently updated its flagship AI model, Doubao, to rival reasoning models like those developed by Microsoft-backed OpenAI.

ByteDance’s international spending aligns with its efforts to expand AI capabilities abroad amid challenges like the uncertain future of TikTok in the United States. While ByteDance’s $20 billion plan is substantial, it remains modest compared to the AI investments of US tech giants like Google and Microsoft, which spent $50 billion and $55.7 billion respectively on AI infrastructure in the past year. The spending will also bolster ByteDance’s partnerships with suppliers such as Nvidia, from which it has procured custom AI chips tailored to China despite US export restrictions.

Moon-based data storage: A new frontier

Lonestar Data Holdings has unveiled plans to establish the first-ever data centre on the Moon, targeting a launch late next month aboard SpaceX’s Falcon 9 rocket. The data centre, named Freedom, will be integrated with Intuitive Machines’ Athena moon lander, leveraging the Moon’s unique environment for security and energy efficiency.

The company, led by CEO Chris Stott, views the lunar surface as an ideal location for secure, disaster-resilient data storage. Powered by solar energy and equipped with naturally cooled solid-state drives, Freedom is designed for non-latency-sensitive applications such as data recovery. Backup operations will be supported by a ground-based facility in Tampa, US.

As the demand for energy-intensive data centres grows on Earth, Lonestar joins a burgeoning space industry exploring off-planet solutions. While competitors like Lumen Orbit also seek a foothold in this nascent field, challenges remain. High launch costs, maintenance limitations, and the risk of mission failure loom large over these ambitious projects.

With initial funding of nearly $10 million and support from partners including the Isle of Man government and AI firm Valkyrie, Lonestar is set to push the boundaries of data storage and space technology.

Indian IT industry faces workforce evolution

Infosys, India’s second-largest software services exporter, anticipates a major shift in the way IT firms approach talent management. Speaking at the World Economic Forum in Davos, CTO Rafee Tarafdar highlighted the evolving market, driven by emerging technologies such as generative AI.

Tarafdar noted that the traditional ‘pyramid’ model, where most employees are at the entry level, may give way to a more dynamic framework. Infosys is actively experimenting with strategies to upskill its workforce while creating roles that did not exist before, including specialists in responsible AI and model engineering.

In addition to re-skilling existing employees, the company has developed bespoke small language models tailored to industries like banking and IT operations, offering these as services to clients. With AI creating both challenges and opportunities, Infosys believes a blend of evolving skills and innovative hiring will shape the future of tech talent.

As the IT sector grapples with rapid innovation, India’s Infosys remains focused on adapting its workforce to meet new demands, ensuring it remains at the forefront of the global technology industry.

The future of robotics and human dexterity

Sarah de Lagarde’s world turned upside down after a train accident in 2022 cost her an arm and part of her leg. Offered a basic prosthetic by the NHS, she found its functionality limited and struggled with everyday tasks for nine months. However, her life changed when she received an advanced AI-powered bionic arm that learns her movements and anticipates her intent by detecting muscle signals. With this, she regained the ability to perform delicate actions, such as picking up an egg or pouring water.

The remarkable advancements in robotics are not limited to prosthetics. Intelligent machines are being developed to match human dexterity in fields ranging from healthcare to agriculture. Cambridge-based Dogtooth Technologies has created robots capable of picking soft fruit as delicately as human workers, while other projects aim to handle hazardous nuclear waste or assist in complex industrial tasks. Robots like Boston Dynamics’ Atlas and Google’s DEX-EE are already demonstrating the ability to adapt and learn through embodied AI, mimicking human reflexes and movements.

Despite these breakthroughs, experts caution that AI-driven robots are still years away from matching the natural abilities of the human hand. Current limitations include sensory integration, haptic feedback, and adaptability to new environments. Safety, ethical concerns, and potential job impacts are also key issues as this technology develops. Still, pioneers like de Lagarde envision a future where robotic dexterity can assist not only people with disabilities but also support the elderly and others in need, highlighting the transformative potential of AI.

TikTok’s return to US app stores still unclear

TikTok users in the United States remain in limbo as the popular app continues to be unavailable for download from Apple and Google app stores. The platform, owned by China’s ByteDance, resumed service following a temporary shutdown, but legal uncertainties have prevented its return to digital storefronts.

The impasse stems from a US law requiring ByteDance to divest TikTok or face a nationwide ban due to national security concerns. President Trump recently extended the enforcement deadline, sparking debates about potential buyers, including high-profile figures like Elon Musk. However, no clear resolution has emerged, leaving users and tech giants caught in legal purgatory.

Some frustrated fans have resorted to selling devices with TikTok pre-installed for exorbitant prices on platforms like eBay. Others are attempting workarounds, such as location changes or VPNs, to regain access. Despite these efforts, confusion about TikTok’s long-term future has prompted some users to abandon the app entirely, citing dissatisfaction with political interference.

As negotiations continue, TikTok’s status in the US remains precarious, with both users and the company waiting anxiously for clarity on its fate.

CTM360 and ISACA Singapore partner to strengthen cybersecurity

CTM360, a Bahrain-based cybersecurity platform, has partnered with the ISACA Singapore Chapter to enhance Singapore’s cybersecurity landscape. By signing a Memorandum of Understanding (MoU) during the first members’ event of 2025, this collaboration aims to elevate cybersecurity through capacity development, professional development, and fostering a culture of knowledge exchange.

The partnership focuses on hosting joint events, training programs, and workshops designed to advance cybersecurity expertise, support certification advancements, and develop innovative strategies to address evolving cyber threats. By combining their expertise, both organisations are working to enhance cybersecurity ecosystem in Singapore and equip professionals with the tools required to tackle modern challenges, ensuring cybersecurity remains a priority across industries.

The collaboration reflects a shared commitment to creating meaningful opportunities for professional growth and strengthening the cybersecurity community. It underscores the importance of equipping professionals with the necessary knowledge and tools to thrive in a rapidly evolving digital landscape.

The partnership also aims to drive impactful initiatives, promoting a safer and more resilient digital environment through collective responsibility and a focus on addressing current and future cyber threats.

Google to invest over $1 billion in OpenAI rival Anthropic

Google is making a significant new investment in AI by committing more than $1 billion to Anthropic, according to a report by the Financial Times. Anthropic, a competitor to OpenAI, focuses on developing advanced AI models and tools, positioning itself as a major player in the growing AI sector.

The investment underscores Google’s ongoing commitment to bolstering its AI capabilities in a highly competitive market. As the race to dominate AI innovation intensifies, tech giants like Google are increasingly supporting smaller firms that specialise in cutting-edge developments to stay ahead.

Anthropic, founded in 2021 by former OpenAI executives, has quickly gained recognition in the AI community. The company aims to create more reliable and interpretable AI systems. Google’s backing is expected to strengthen Anthropic’s research and development efforts, further establishing it as a prominent force in the AI landscape.

Trump announces $500 billion AI infrastructure project

President Donald Trump unveiled a $500 billion private-sector initiative on Tuesday aimed at transforming AI infrastructure in the US. The joint venture, called Stargate, brings together OpenAI, SoftBank, and Oracle to build 20 massive data centres and create over 100,000 jobs. Backers have committed $100 billion for immediate deployment, with the remainder spread over the next four years.

The announcement, made at the White House with SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman, and Oracle Chairman Larry Ellison in attendance, underscores America’s push to lead in AI development. Ellison revealed that the first data centres, each half a million square feet, are already under construction in Texas. These facilities aim to power advanced AI applications, including analysing electronic health records to assist doctors.

Trump attributed the project’s launch to his leadership, with executives expressing their support. “We wouldn’t have decided to do this unless you won,” Son said. However, the ambitious project arrives amid concerns over the rising energy demands of AI data centres. Trump promised to simplify energy production for these facilities, even as experts warn of potential power shortfalls across the country in the coming decade.

The announcement comes against a backdrop of surging AI investments since OpenAI’s release of ChatGPT in 2022, which sparked widespread adoption of AI across industries. Oracle and other tech stocks, including Nvidia and Dell, climbed on the news, reflecting market enthusiasm for the Stargate project.

Oracle shares surge amidst major AI investment announcement

Oracle shares soared by nearly 9% in Frankfurt on Wednesday following an announcement from former US President Donald Trump about a groundbreaking AI initiative. Oracle, in collaboration with OpenAI and SoftBank, is set to establish a joint venture called Stargate, aiming to revolutionise AI infrastructure.

The ambitious project will see a staggering $500 billion investment, as revealed during Trump’s remarks at the White House the day before. The collaboration highlights the growing significance of AI and signals major players pooling resources to drive technological advancements in this domain.

Investor excitement around Stargate boosted Oracle’s stock performance significantly. After regular trading closed on Tuesday with a 7% rise, the company’s shares climbed an additional 3% in after-hours trading, reflecting strong market optimism.