NEWS
DeepGreenX and Sente Ventures announce framework agreement for $ 25bn green infrastructure investment program
DeepGreenX , an AI-enabled green energy and technology company , and Sente Ventures ( Sente ) have announced a framework agreement for creating a five-year $ 25 billion strategic investment program for companies providing solutions for clean energy generation , virtual grids , battery storage , microreactor power and data center infrastructure , and enabling technologies to support data centers and computing hubs .
Under the framework agreement , DeepGreenX and Sente will use the Program to capture sustainability customers and deep technology solutions for DeepGreenX ’ s AI-powered data financialization platform , significantly increasing their profitability relative to traditional green investment programs .
“ Green energy companies and projects have historically been heavily dependent upon favorable subsidies and regulations and therefore highly temporal ,” said Barclay Knapp , CEO , DeepGreenX . “ We expect the Program to open new pathways for green energy companies and projects , while DeepGreenX in parallel builds an international capital sourcing and data-driven platform that is designed to prevail over these legacy challenges . We welcome the opportunity to partner with Sente , which has significant expertise in complex battery , data center and quantum computing power technologies .”
Serhat Cicekoglu , Founder and CEO , Sente , said : “ DeepGreenX ’ s platform is a paradigm shift for the industry , creating independent profitability for these companies and their deployment projects , thus making them highly attractive standalone investments .”
The program will be funded by DXG-Hues , DeepGreenX ’ s joint venture with Hues Capital , deploying two $ 5 billion funds focused on green energy , AI and computing power projects in the US , Europe , and Southeast Asia , with pipelines that include investment target companies from the Tencent and Softbank ecosystems .
Thoughtworks signs strategic collaboration agreement with AWS
Thoughtworks has signed a strategic collaboration agreement ( SCA ) with Amazon Web Services ( AWS ) to help enterprises across Asia Pacific develop generative artificial intelligence ( genAI ) solutions that drive operational efficiencies .
This is pitched as helping Thoughtworks ’ clients in industries across automotive , energy , financial services , healthcare and media and entertainment , harness and launch GenAI solutions to improve customer engagement and grow revenue .
Thoughtworks , an AWS Consulting Partner , is helping customers take GenAI-powered ideas from proofs of concept ( PoC ) to scalable solutions that drive rapid results .
“ Our strategic collaboration with AWS will help deliver transformative industry-led solutions that empower organizations to achieve unprecedented levels of efficiency , innovation and competitive advantage ,” said Andy Nolan , Head of Emerging Technologies for Thoughtworks in Asia Pacific .
“ This collaboration marks a significant milestone in our journey to help clients unlock the full potential of AI and shape the future of their industries .”
Corrie Briscoe , Director of Partner Sales , Asia Pacific Japan , AWS , said : “ Our AWS
Partners play a critical role in accelerating industry innovation and addressing customer needs . We are thrilled to be deepening our collaboration with Thoughtworks through this new Strategic Collaboration Agreement to accelerate GenAI innovation in Asia Pacific and across the world . By leveraging AWS ’ s latest cloud-enabled technologies , including genAI , AWS is able to help joint customers across diverse industries design , build , and critically , deliver GenAI solutions with ease and at scale .”
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