investment

Turkey’s AI ecosystem gains momentum as global investment hits record levels

Turkey owns 1,200 AI startups about 70% of which were founded after 2020 Turkey’s artificial intelligence (AI) ecosystem is expanding rapidly, fueled by a surge in global investment, a growing startup base and an increasingly influential diaspora, according to the Turkish Artificial Intelligence Ecosystem and […]

EasyCep raises $45 million to expand electronics refurbishment business

EasyCep Co-Founder said the funding will help the company deepen the transformation it has initiated in the used smartphone sector Turkish refurbished electronics platform EasyCep has raised $45 million in a new investment round with participation from Oleka Capital, RePie Portföy and Ziraat Portföy, the […]

Trendyol to build datacenter of USD500 million in Ankara

An investment to serve to hyperscale operators, cloud service providers, and domestic enterprises Turkish e-commerce giant Trendyol announced a strategic partnership with UAE-based Castle Investments to develop a state-of-the-art data center in Ankara, aimed at bolstering the region’s digital infrastructure. Dubbed the “Ankara Data Hub,” […]

Top 3 tech, startup and sustainability stories of the week, 2nd – 6th Dec, 2024

This week’s stories are about Amazon, Google and Meta 1- Facebook’s $10 billion subsea cable to connect the globe Meta, the parent company of Facebook, Instagram, and WhatsApp, plans a subsea cable project that could redefine global internet infrastructure. According to sources, the company aims […]