Business – Page 11

1 month ago

APAC | Simon Dux

NEXTDC launches AUD 1.5bn raise as contracted capacity surges

NEXTDC has launched a AUD 1.5 billion equity raising alongside an expanded funding package, following a sharp increase in contracted…

1 month ago

APAC | Simon Dux

Amazon signs 430MW renewable deals in Australia as energy demand rises

Amazon has announced nine new renewable energy agreements in Australia, adding 430MW of capacity and bringing its total contracted renewable…

1 month ago

Projects | Conor McNevin

Delska opens 10 MW AI-focused data center in Latvia

Delska, a data center operator in the Baltics, has opened a 10 MW facility built for artificial intelligence (AI) and…

1 month ago

APAC | Jan Yong

Digital Edge enters Malaysia with 50-acre Johor land purchase

Stonepeak-backed data center platform Digital Edge has entered Malaysia with the purchase of 50 acres of land in Johor from…

1 month ago

Projects | Conor McNevin

AtlasEdge plans a new Leverkusen data center

AtlasEdge, a data center designer, builder and operator, is developing a second data center in Leverkusen, Germany, as demand for…

1 month ago

Americas | Conor McNevin

Maine Legislature approves temporary ban on large data center development

Maine lawmakers have approved the LD 307 bill that would temporarily halt new data center development across the state while…

1 month ago

Artificial Intelligence | Conor McNevin

After UK exit, Stargate pulls out of Norway data center deal as Microsoft takes over

The Stargate project was launched amidst much fanfare in the US last year, and since then it has also announced…

1 month ago

Americas | Conor McNevin

Millicom partners with TAFS to expand Central America network capacity

Millicom, a Latin American telecommunications company, has signed a long-term commercial agreement with digital infrastructure provider Trans Americas Fiber System…

1 month ago

APAC | Jan Yong

ZTE and CIMB ink MOU to support 5G and digital infrastructure deployment across ASEAN

ZTE Corporation, a global ICT firm has signed a Memorandum of Understanding (MoU) with CIMB Bank Berhad (CIMB) to establish…

1 month ago

Capital | Conor McNevin

Amazon plans to expand Amazon Leo satellite network by acquiring Globalstar

Amazon Inc, has agreed to acquire Globalstar, Inc, a global telecommunications provider, in a definitive merger deal that will fold…

4 months ago

Capital | Conor McNevin

BlackRock and Microsoft’s tech consortium raises US$12.5 billion for AI infrastructure development

BlackRock has announced that its artificial intelligence investment consortium has raised US$ 12.5 billion for developing artificial intelligence infrastructure. The…

4 months ago

Capital | Jan Yong

Khazanah plans to channel funds to power grids, chip firms amid AI boom

Malaysia’s sovereign wealth fund Khazanah Nasional Bhd plans to pour more capital into strengthening its power infrastructure and funding local…

4 months ago

Capital | Conor McNevin

DC BLOX secures US$ 240 Million for data center expansion

DC BLOX, a provider of data centers and fiber networks in the Southeastern U.S., has raised US$ 240 million in…

4 months ago

APAC | Jan Yong

Digital Realty enters Malaysia through acquisition of TelcoHub 1 data center in Cyberjaya

Global data center provider Digital Realty, yesterday announced it plans to enter Malaysia by acquiring CSF Advisers, owners of the…

4 months ago

Capital | Simon Dux

Aware Super backs Vantage APAC with USD 300m data centre investment

Australian superannuation fund Aware Super is extending its exposure to digital infrastructure in the Asia-Pacific region, committing USD300 million (around…

4 months ago

Capital | Jan Yong

Indonesia inks US$ 124 million deal with ARM for chip design blueprint

Indonesia has recently signed a joint venture agreement worth an initial 2.1 trillion rupiah (US$ 124.5 million) with UK-based global…

4 months ago

APAC | Jan Yong

Data center REITs likely to list in Malaysia soon: Report

Developers in Malaysia with data center assets are increasingly looking at Real Estate Investment Trust (REIT) listings to monetise their…

4 months ago

Capital | Conor McNevin

AlphaTON Capital forays into confidential compute with US$46 million AI infrastructure expansion

AlphaTON Capital Corp has closed a US$ 46 million deal to expand its AI infrastructure, acquiring a 576 NVIDIA B300…

5 months ago

Capital | Conor McNevin

KKR and Oak Hill expand into Europe with a US$ 1.9 billion commitment

KKR, a global investment firm, and Oak Hill Capital, a private equity firm, are increasing their stake in Global Technical…

5 months ago

Capital | Conor McNevin

CPP Investments and Goodman form partnership to build DCs in Europe

Canada Pension Plan Investment Board (CPP Investments) has agreed to form a partnership with Goodman Group, a global real estate…

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3 months ago

APAC | Jan Yong

DayOne, Cortical Labs partner to build Singapore’s first biological data center

DayOne, a Singapore-headquartered global data center developer and operator, and Cortical Labs, a biological computing startup in Melbourne, will collaborate…

3 months ago

Projects | Conor McNevin

Nebius gains approval to build AI factory in Missouri

Nebius, an AI cloud company, will move forward with plans for a large AI factory in Independence, Missouri, after the…

3 months ago

Projects | Conor McNevin

Did Oracle and OpenAI scrap Texas data center expansion plans?

Oracle and OpenAI have reportedly cancelled plans to expand a major artificial intelligence data center in Abilene, Texas. The expansion…

3 months ago

APAC | Simon Dux

Stockland finalises EdgeConneX data centre JV as CEO plots more investment

Australian property developer Stockland has formalised a 50:50 joint venture with US operator EdgeConneX to develop a national portfolio of…

3 months ago

APAC | Simon Dux

Goodman breaks ground on 90MW Sydney DC as pipeline reaches AUD 18bn

Goodman Group has formally marked the start of construction on a 90MW data centre in northern Sydney, as the developer’s…

3 months ago

Projects | Conor McNevin

Iraqi-UAE World Link project expands Eurasia connectivity ambitions

An Iraqi-UAE consortium is advancing the US$ 700 million World Link Transit Cable Project, a hybrid subsea and terrestrial fiber-optic…

3 months ago

Projects | Conor McNevin

South Korea’s Ministry of Science and ICT plans to launch a National AI Computing Center

The South Korean Ministry of Science and ICT (MSIT), has finalized an action plan to establish a National AI Computing…

3 months ago

APAC | Simon Dux

Firmus secures “multi-billion-dollar” AI contract for Melbourne

Australia’s Firmus Technologies has signed a long-term, multi-billion-dollar contract with a leading global technology platform for dedicated AI infrastructure capacity…

3 months ago

Projects | Conor McNevin

EdgeConneX plans 1GW data center campus in Skellefteå, Sweden

EdgeConneX, a global, private, data center provider and developer, plans to acquire a Lyten data center site in Skellefteå, Sweden,…

3 months ago

Projects | Conor McNevin

Penzance plans US$ 4 billion private AI infrastructure campus in West Virginia

Penzance Management, a private real estate owner, operator, developer, and investment fund manager, has planned a US$ 4 billion full-build…

2 years ago

Sustainability | Aurora Tang

China prioritises Sustainability, unveils Action Plan for Energy Efficient Data Centres

China is one of the world’s largest data center markets today, with an IT capacity of over 3GW. With an…

2 years ago

Sustainability | Deborah Grey

Sustainability dominates the conversation at Bangalore CDC

Over 650 delegates thronged W.Media’s Bangalore Cloud and Datacenter Convention this year, where industry experts made insightful presentations about the…

2 years ago

Sustainability | Hazel Moises

Google Ends Mass Purchase of Carbon Offsets, Aims for Net-Zero Emissions by 2030

Tech giant Google has shifted its strategy on achieving carbon neutrality, abandoning its previous practice of mass-purchasing cheap carbon offsets.…

2 years ago

Sustainability | Deborah Grey

Nxtra by Airtel joins RE100 Initiative for Sustainability

Nxtra by Airtel, one of the largest data center companies in India, has joined the global RE100, a global corporate…

2 years ago

Sustainability | Hazel Moises

Google and BlackRock Partner to Boost Solar Power in Taiwan

Google and BlackRock’s Climate Infrastructure arm join forces to accelerate solar power development in Taiwan. This ambitious partnership targets a…

2 years ago

Sustainability | Hazel Moises

Malaysia Forms National Decarbonisation Committee, Data Centers Face Greener Future

In a move signaling Malaysia’s commitment to tackling climate change, Prime Minister Anwar Ibrahim announced the establishment of a National…

2 years ago

Sustainability | Hazel Moises

Princeton Digital Group Doubles Down on Green with Second Singapore Data Center Loan

Princeton Digital Group (PDG) is stepping up its sustainability game, securing a USD95 million green loan for its central Singapore…

2 years ago

Sustainability | Deborah Grey

Singapore’s new Green Data Centre Roadmap envisions sustainable growth

In a world where the Artificial Intelligence (AI) boom is leading to an unprecedented demand for compute power and consequently…

2 years ago

Sustainability | Deborah Grey

Microsoft and Brookfield sign 10 GW Renewable Energy framework agreement

Brookfield Asset Management, together with Brookfield Renewable, and Microsoft have signed a global renewable energy framework agreement to work towards…

2 years ago

Sustainability | Deborah Grey

CtrlS Datacenters transitions Noida Datacenter to Solar Power

CtrlS Datacenters Ltd, a prominent player in the Indian data center market, has taken a significant step towards achieving its…