| | MAY 20248GOOGLE FUNNELS 1 BILLION EUROS IN FINNISH DATA CENTRE TO DRIVE AI GROWTHGoogle, a US based technology firm, will invest an additional 1 billion euros ($1.1 billion) in the expansion of its data center campus in Finland to fuel its artificial intelligence (AI) business growth in Europe, according to a statement.Many data centres have recently been located in the Nordic countries due to the region's colder climate, tax incentives, and abundance of renewable energy.Finland's Nordic neighbours, Sweden and Norway, have recently become more skeptical of hosting them, with some industry experts proposing that the Nordic countries could use their renewable energy for products such as green steel, which might result in a larger surplus value in the countries.However, Finland's wind power capacity has grown so quickly in recent years, by 75 percent to 5,677 megawatts in 2022 alone, that prices on windy days have fallen to negative levels, according to industry statistics.As a result, there is still renewable capacity available for data centers like Google's, which purchases wind power in Finland on long-term contracts. Analysts think data centers' power consumption will skyrocket due to the rapid rise of AI usage, which Google, too, mentioned as one of the reasons for its investment choice, along with its Hamina data center in Finland, which already operates on 97 percent carbon-free electricity."Heat coming out of our Finnish data center will be re-routed to the district heating network in nearby Hamina, covering local households, schools and public service buildings," Google said in the statement. It added that it aimed to achieve net zero emissions across all of its operations and value chain by 2030. Bayanat, the UAE based software firm, has inked a Memorandum of Understanding (MoU) with Tata Consultancy Services (TCS), an India-based technology leader in software and digital solutions. Through Bayanat's digital twin and geospatial analytics technology, the Memorandum of Understanding demonstrates a unified commitment to advancing TCS' digital farming, sustainability, and digital government offerings.As per the contract, Bayanat acquires its innovative ability in AI-driven geospatial solutions for supplement TCS's cutting-brink advanced contributions. TCS's digital farming offerings will be enhanced by Bayanat's insights and capabilities in digital twin and AI-powered geospatial analytics, boosting agricultural productivity and sustainability. TCS can optimize resource management and environmental conservation efforts within its sustainability solutions by integrating Bayanat's technologies, facilitating net-zero journeys and clean operations for clients. Also, Bayanat's advancements will consistently incorporate into TCS's digital government structure, giving significant bits of knowledge to upgrade assets and further develop business cycles, strategies, and models.Hasan Al Hosani, Managing Director of Bayanat, commented: "The collaboration between Bayanat and Tata Consultancy Services demonstrates the limitless opportunities to expand our AI-powered geospatial offerings in India. With shared synergies and a common goal for progress, we anticipate unlocking numerous opportunities for growth and impact in the digital landscape. This collaboration is just the beginning of what we envision as a long and fruitful relationship with TCS." INFOCUSBAYANAT INKS PARTNERSHIP AGREEMENT WITH TATA CONSULTANCY SERVICES
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