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Taiwan bolsters Paraguay ties with $200M data centre deal

12 June 2026 at 16:23

The government of Taiwan reportedly plans to deepen its diplomatic relationship with Paraguay through a planned $200 million data centre investment, in a rare technology investment designed to strengthen the pair’s diplomatic relationship.

Bloomberg reported the date centre partnership, which is backed by the Trump administration, is targeting 10-megawatts of computing capacity. It is expected to be operational by the end of 2027.

The data centre will be built on government land near the capital of Asuncion.

The news site noted Taiwan will supply Nvidia chips and supporting equipment, while Paraguay brings cheap hydropower and basic infrastructure to the partnership.

Both sides are in discussions with the US International Development Finance Corporation over financing arrangements.

Sources told Bloomberg Taiwan’s International Cooperation and Development Fund has separately approached Google, Microsoft and Amazon about potentially investing in the project or taking up capacity.

Paraguay is one of only a handful of countries worldwide which still maintains formal ties with Taiwan rather than China, but pressure is growing domestically for a reassessment of the position as neighbouring countries have attracted substantial Chinese investment.

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SpaceX raises $75B in record-breaking IPO

12 June 2026 at 11:44

SpaceX raised a total $75 billion in an historic initial public offering (IPO), pricing 555.6 million shares at $135 each with trading set to begin later today on the Nasdaq stock exchange.

The listing is the biggest of all time, more than doubling the value of Saudi company Aramco’s stock market debut in 2019 which raised around $29 billion.

In a filing, SpaceX stated it has granted underwriters a 30-day option to purchase an additional 83 million shares, which could increase the total fundraising to $86 billion at a $1.78 trillion valuation.

Financial Times reported Elon Musk’s rocket, satellite and AI company drew orders more than three times the amount on offer, with demand coming from huge asset managers, gulf sovereign wealth funds, hedge funds and retail investors.

According to the outlet, individual investors placed orders for more than $100 billion and will be allocated around 20% to 25% of the total shares sold.

Musk is apparently keen to place smaller shareholders at the centre of SpaceX’s ownership, leaving fewer shares available for big companies and accounts that tend to be prioritised in IPOs.

Through the funds raised, SpaceX is to pump cash into a plan to establish AI data centres in space, a Musk vision that centres on overcoming energy limitations on earth. The company is also plotting new satellite constellations to fuel Starlink, while it will also pay down debt after taking a $20 billion bridging loan in March.

FT added the $1.78 trillion market value makes SpaceX the priciest of the world’s top 10 valuable companies, with its shares trading at 92 times its $19 billion revenue in 2025.

Following SpaceX’s market debut, OpenAI and Anthropic have also announced intentions to also hold a listing.

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Dell’Oro issues $500B 6G RAN forecast

12 June 2026 at 09:43

Dell’Oro Group predicted cumulative 6G RAN capex would exceed $500 billion and revenue $100 billion in the first six years of deployment, spanning the period 2029 to 2034.

The company expects 6G RAN to account for approximately half of total capex during the period and tipped the technology to follow an evolutionary path, building on existing network architecture rather than reshaping the market entirely.

Dell’Oro does not expect 6G to expand the overall RAN market, forecasting an overall CAGR of 1% between 2030 and 2034.

It envisions 6G developing from Massive MIMO, existing sites and wider channel bandwidths, so changing RAN economics in stages. Capex is expected to accelerate toward the end of the 20230s.

Stefan Pongratz, VP of RAN and telecom capex research, said the most likely scenario is 6G would follow the established generational pattern, despite growing momentum for a so-called “G decoupling movement”.

He asserted “operators are in a much stronger position today from a network capacity perspective than they were during the transition from 4G to 5G”, meaning total 6G RAN revenue “during the first six years of the cycle is projected to be 10% to 20% lower than during the comparable period of the 5G cycle.”

The company expects sub-7GHz and cm wave bands to be key in 6G deployments, though noted growing momentum above 7GHz.

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NTT Global Data Centres hunts $1B to fund US expansion

12 June 2026 at 09:30

NTT Global Data Centres (GDC) is reportedly seeking at least $1 billion in fresh capital to fund new development projects in the US, working with Citigroup to raise funds.

Bloomberg reported the company, which is a subsidiary of NTT Group, is selling stakes with the investment bank2sedxzsz`Ω in a development vehicle for new US data centre projects.

The size of the equity offering could increase depending on investor demand, and the company may also raise a credit facility alongside it.

The news site stated NTT GDC, which is the world’s third-largest data centre provider outside of China, has started sending marketing materials to prospective long-term investors including pension and infrastructure funds, with a formal sale process expected to launch in the coming weeks.

Bloomberg explained the establishment of a development company which owns and manages pre-revenue early-stage assets, gives data centre builders the flexibility to target a broader pool of long-term investors, who in turn can demand higher returns for taking on early-stage project risk.

The news site stated the talks are at an early stage, with details including timing and the final size of the fundraising subject to change.

In May 2025, NTT Data announced it bought land across North America, Europe and Asia to support nearly a gigawatt of planned data centre capacity, including new sites in the US states of Oregon and Arizona.

NTT GDC CEO Doug Adams told Bloomberg in March 2026 the company is working on 34 projects which will double its capacity within two years, with total capacity set to reach over five gigawatts within five years.

Also in March, NTT Data announced a multi-year plan to invest more than $10 billion by 2027 to deliver infrastructure capable of supporting dense AI workloads.

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