Omnia, a data center company owned by Brazil’s Patria Investments (NASDAQ:PAX), is reportedly participating in over a $9 billion data center project expected to have TikTok as its primary client.
SAO PAULO/BRASILIA (Reuters) -ByteDance, the Chinese parent company of TikTok, is weighing a major investment in a data center in Brazil, three people familiar with the matter told Reuters, tapping ...
ByteDance’s TikTok plans to invest more than 200 billion reais ($37.7 billion) in a major data center project in Brazil. This marks the company’s first venture of this scale in Latin America and ...
Social media platform TikTok won Thai government approval to invest $3.8 billion in data hosting services, as the Southeast Asian country pushes to become a hub for data centers and cloud services.
President Trump’s plan to save TikTok for Americans casts Oracle Corp. as the security guard for U.S. user data and the app’s all-important algorithm. “Oracle is playing a very big part. Oracle really ...
ByteDance in partnership talks with wind power producer Casa dos Ventos Project at Pecem port could eventually require 900 MW or more Brazil aims to be a global data center hub using renewable energy ...
SAO PAULO, Nov 3 (Reuters) - Omnia, a data center company owned by Brazilian investment firm Patria (PAX.O), opens new tab, said on Monday it has joined the project to develop a 50 billion real ($9.25 ...