NOVEMBERASIA BUSINESS OUTLOOK8NOVEMBERNEWSROOMJAPAN STARTUP BUYOUTS SURGE IN 2024 AMID IPO RULE PRESSUREGoogle has contributed to Taiwan's growing status as a worldwide tech and semiconductor powerhouse, by setting up its largest AI infrastructure hardware engineering center outside the US in TaipeiThe new center will be a hub for cutting-edge engineering work that can be leveraged by Google's worldwide data centers. Work on AI servers, power systems, cooling technologies, and optical interconnects will be prominent here.At the ribbon-cutting event, a statement from Google Cloud, VP, Aamer Mahmood pointed out that innovations made in Taipei are promptly implemented in the data centers that Google operates in different parts of the world.The engineering centre is one of the many moves by Google to deepen its roots in Taiwan where it has launched the first Asia Pacific data center, made significant investments in subsea cable infrastructure, and grown its local workforce twentyfold over the past decade.Taiwan President Lai Ching-te complimented such new facility as an eye-opening sign of Google's unending commitment to Taiwan's tech future.Raymond Greene, the US de facto ambassador, also recognized the relocation as proof of robust US-Taiwan economic and technological relationships.The expansion, as per industry sources, might generate a substantial and possibly nine-figure volume of orders for locally-produced AI server components in Taiwan. Such components would include liquid cooling systems, power delivery modules, PCBs, and high-speed optical networking solutionsBesides, Google's Taiwan locations are an example of how to incorporate sustainability into the data center model, as they are equipped with solar installations, use low-emission refrigerants, and have water-saving systems--thus, they set a standard for the world in green AI data centers. VENN SECURES $52M TO TRANSFORM GLOBAL PROPERTY MANAGEMENT TECHVenn, an Israel-based proptech innovator, has raised US$52 million in a successful series B funding round led by NOA Capital and CIM Group.This new investment strengthens Venn's mission to streamline property management operations for landlords and real estate firms through an advanced, AI-driven platform.With this round, the company's total funding now stands at US$140 million, reflecting strong investor confidence in its long-term potential and market impact.The platform, designed to simplify the most complex aspects of rental management, enables seamless handling of leasing workflows, tenant screenings, digital payments, and renewal processes.By integrating these critical operations into a unified system, Venn empowers property managers to boost efficiency, enhance tenant satisfaction, and reduce operational burdens.The company's technology is already adopted by more than 270 real estate and property management organizations--including industry leaders like Related, Bozzuto, CIM Group, and Veris Residential. Collectively, Venn's platform now supports over 500,000 tenants worldwide, highlighting its growing influence in the real estate technology ecosystem.Founded in 2017, Venn has expanded rapidly and employs around 100 professionals across global locations, with 70 stationed in Israel. With its latest funding, the company plans to onboard 30 additional team members in both Israel and the United States, further accelerating technological enhancements and market expansion.This strategic growth positions Venn as a rising force in global real estate digitalization. Investors including Group 11, Oren Zeev, Hamilton Lane, Latitude, and FinTLV show continued trust in Venn's vision--transforming traditional property management into a modern, data-powered experience.
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