Microsoft’s Azure Cloud Growth Slows as AI Demand Outpaces Data Center Capacity
Microsoft Corp. has reported a slower-than-expected growth rate in its cloud computing business due to a shortage of data centers to handle the surge in demand for artificial intelligence (AI) products. The Azure cloud division is expected to grow at 32% in its fiscal third quarter, which is not much faster than the growth rate […]
Blackstone wants AirTrunk to be a 1 GW business
When Blackstone closed its AUD $24 billion acquisition of Asia Pacific & Japan (APJ) hyperscale data centre specialist, AirTrunk in December, it became one of the largest data centre providers in the world. AirTrunk, led by founder and CEO Robin Khuda had already scaled the company into Asia-Pacific’s largest data centre provider with assets in […]