Digital Colony raises $4.05 billion for digital infrastructure fund

The development is significant since typically buyout funds focus on physically infrastructure. In contrast Digital Colony’s fund illustrates how investors are now seeking assets that support the digital economy. According to sources familiar with the matter at hand, private equity firm Digital Colony, which has the backing of U.S. real estate investor Thomas Barrack, has…

Robert Bosch hires Tanja Rueckert from SAP

Rueckert, who is currently heading SAP’s digital supply chain business, will assume the role of the president of Bosch Building Technologies division from August 1, 2018. The world’s biggest automotive supplier Robert Bosch has hired Tanja Rueckert, an expert in the“internet of things” from SAP, a business software maker. The internet of things, (IoT) refers…

Nvidia’s GPUs to power cryptocurrencies, IoT devices and fully automated cars

Graphics chip makers, including AMD and Nvidia, are well placed to cater to the growing demand for smart devices, including fully automated cars. On Thursday, Jensen Huang, the CEO of Nvidia Corp said it sees artificial intelligence enabling fully automated cars to hit the consumer market within the next four years. A prominent brand in…

A heady mix of cutting edge engineering and technology prowess is fueling the growth of Europe’s industrial giants

Investors are increasingly looking to reap in the benefits of cutting edge industrialization with hi-tech software prowess such as machine learning and artificial intelligence. No wonder, European Companies, including Siemens and ABB, have become a favorite among investors. Investment funds who are looking to reap rich rewards at the intersection of European efficiency and technology…