IBM to set up AI-focused Software Lab in Uttar Pradesh
Global technology giant IBM has announced plans to establish a Software Lab in Lucknow, the capital city of the northern Indian state of Uttar Pradesh. This lab will focus on advancing Artificial Intelligence (AI), specifically Generative AI and Agentic AI technologies. In a press release IBN said that its IBM India Software Labs was one […]
Colt DCS to invest €2 billion to build four new DCs in Germany
Colt Data Centre Services (Colt DCS), a global provider of hyperscale and large enterprise data centre solutions, has announced plans to develop four new data centres in Germany. The new data centres will add 117MW to Colt DCS’ capacity in Germany, bringing its total in-country capacity to 176MW. The acquisitions in Frankfurt and Berlin represent […]
‘Microsoft’s moves signal second phase of data center growth’, says IFC lead investor
Bloomberg recently reported that Microsoft has cancelled or deferred more data center projects, this time extending to Asia Pacific, one of them being a project on a campus in Jakarta. This followed Microsoft’s earlier withdrawal in March of up to 2GW of data center projects in Europe and US. As had happened previously after each […]
Goodman files application for ‘Project Mars’ 90MW data center campus at Lane Cove West, Sydney
Real estate firm Goodman Group continues its investment into the development of data centers in Sydney, Australia. The company has filed a SEARS application with the New South Wales government to develop a 90MW data center campus at 12 Mars Road in Lane Cove West. The campus development, referred to as Project Mars, will include […]
GLP sets up RMB 2.6 billion AUM maiden data center fund
GLP, a Singapore-incorporated business builder and investment manager, announced recently the closing of its first digital infrastructure focused fund (“GLP China IDC Income Fund I”) at RMB 2.6 billion (US$ 354 million) AUM. The capital raised was backed by a group of top tier China-based and international institutional investors. The fund will acquire a fully […]