Business – Page 12

1 month ago

APAC | Jan Yong

NCT sells 100-acre land in Malaysia for 800 MW data center

Malaysian property developer NCT Alliance Berhad has signed a term sheet for the proposed sale of a 100-acre land parcel…

1 month ago

Policy | Conor McNevin

Florida enacts law setting new rules for AI data center development

Florida Governor Ron DeSantis has signed SB 484, a state law aimed at regulating large-scale data center development, including how…

1 month ago

Capital | Conor McNevin

IREN Ltd. to acquire Nostrum Group in Spain

IREN Limited, a vertically integrated AI Cloud provider, has agreed to acquire Nostrum Group (Ingenostrum, S.L.), a Spain-based data center…

1 month ago

Connectivity | Deborah Grey

Ooredoo and du to land FIG cable in UAE; shadow looms over subsea infrastructure in the Strait of Hormuz

Ooredoo Group, a Middle East based international provider of telecommunications and digital infrastructure, has announced a partnership with du, a…

1 month ago

APAC | Jan Yong

Gorilla Technology buys 40 acres land in Thailand for 200MW AI data center

London-headquartered security intelligence specialist Gorilla Technology Group has last week announced that it has acquired 40 acres of land in…

1 month ago

Projects | Conor McNevin

Denmark launches new national AI supercomputer

The University of Southern Denmark, in partnership with Hewlett Packard Enterprise (HPE) a global edge-to-cloud company, and Danfoss, a Danish…

1 month ago

Outages | Conor McNevin

Fire at NorthC data center disrupts universities, healthcare, and public transport in Netherlands

A major fire broke out at a NorthC data center facility in Almere, Netherlands, on Thursday morning, causing widespread disruptions.…

1 month ago

Capital | Conor McNevin

SK Telecom expands AI infrastructure as AIDC revenue surges

SK Telecom reported a sharp increase in revenue from its AI data center (AIDC) business in the first quarter (Q1)…

1 month ago

APAC | Jan Yong

Tik Tok leads Thailand BOI approvals with US$25 billion investment

TikTok leads with US$25 billion investment out of US$29 billion in major projects approved by Thailand’s Board of Investment (BOI) recently. The TikTok System…

1 month ago

APAC | Jan Yong

Digital Edge and B.Grimm Power secure Thailand’s largest data center loan of US$ 880 million to finance buildout

Singapore-based Digital Edge and Thai power producer B.Grimm Power yesterday announced they have jointly secured a US$ 880 million green loan –…

4 months ago

APAC | Simon Dux

Firmus secures USD 10bn Blackstone-led deal to scale AI factories

Firmus Technologies has secured a USD 10 billion private debt financing facility led by funds managed by Blackstone, with support…

4 months ago

Capital | Deborah Grey

AirTrunk finalizing A$ 1.8 billion debt package for Johor data center

AirTrunk, an Asia Pacific & Japan (APJ) hyperscale data center provider, is reportedly close to inking a A$ 1.8 billion…

4 months ago

Capital | Jan Yong

KKR, Singtel buy STT GDC for US$ 5.1 billion

Global investment firm KKR and Singtel announced today they have signed definitive agreements to acquire the remaining 82 per cent…

4 months ago

Capital | Jan Yong

KKR, Singtel, GIC, Mubadala set to acquire STT GDC in US$ 10 billion deal

Sovereign wealth funds GIC and Mubadala Investment are in talks to join KKR and Singtel in a potential deal to…

4 months ago

Capital | Jan Yong

EPG raises US$ 100 million in Series B for global expansion

Singapore-based modular data center specialist, EPG, recently raised nearly US$ 100 million from a consortium of investors co-led by international…

5 months ago

Capital | Conor McNevin

Amazon considering US$ 50 billion investment into OpenAI?

Amazon is reportedly in talks with OpenAI to invest as much as US$ 50 billion. An investment of this magnitude…

5 months ago

Capital | Conor McNevin

Microsoft shares plunge amid investor concerns over AI spending

Microsoft shares experienced a major decline on Thursday, despite the company reporting strong earnings. What reportedly raised investor concerns was…

5 months ago

APAC | Simon Dux

Spark completes sale of 75% stake in data centre business to Pacific Equity Partners

Spark New Zealand has completed the sale of a 75% stake in its data centre business to Australian private equity…

5 months ago

Artificial Intelligence | Deborah Grey

NVIDIA invests US$ 2 billion in CoreWeave, plans to build AI factories totalling 5 GW by 2030

NVIDIA and CoreWeave, have announced an expansion of their partnership to enable the latter to build more than 5 GW…

5 months ago

Capital | Conor McNevin

UK Gov’t to invest £36 million to increase Cambridge supercomputer’s capacity

The UK government is investing £36 million (US$ 49 million) to increase the power of Cambridge University’s DAWN supercomputer sixfold,…

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3 months ago

Projects | Conor McNevin

Prime Data Centers to build 550 MW data center campus in Denmark

Prime Data Centers, an international hyperscale developer and owner in partnership with Brunswick Real Estate, have revealed plans to build…

3 months ago

Artificial Intelligence | Conor McNevin

Microsoft to add 900 MW to AI campus in Abilene, Texas

Microsoft will now add some 900 MW of capacity at its upcoming AI campus in Abilene, Texas. The construction will…

3 months ago

APAC | Simon Dux

Power gets you built but fibre determines if you win

Australia’s data centre sector has long been defined by a familiar formula: secure land, lock in power, obtain planning approval,…

3 months ago

Projects | Conor McNevin

PoweringAI plans to repurpose European industrial sites as AI hubs

Xynteo, a sustainability and strategic advisory firm has officially launched PoweringAI, a new pan-European venture which aims to convert industrial-scale…

3 months ago

GPU and Semiconductor | Conor McNevin

Musk unveils “Terafab” chip venture spanning Tesla, SpaceX, and xAI

Elon Musk, founder and CEO of Tesla, has outlined plans for Terafab, a large-scale semiconductor project that would bring chip…

3 months ago

Projects | Deborah Grey

solutions by stc signs US$ 372 million HPC infrastructure deal with Saudi Aramco

solutions by stc, a Saudi Arabian digital infrastructure player that is part of the wider stc Group, has signed a…

3 months ago

APAC | Jan Yong

Converge opens AI-ready Angeles Data Center in Philippines

Fiber broadband and technology provider Converge ICT Solutions Inc. has inaugurated Converge Angeles Data Center, a 12MW scalable AI-ready facility…

3 months ago

Modular | Conor McNevin

Aker BP to install an Armada offshore modular data center in Norway

Aker BP, a European oil company, under a new agreement with Armada, an edge infrastructure company, will install a modular…

3 months ago

Projects | Conor McNevin

Aedan Looking Glass Inc plans a 200 MW data center in South Korea

Aedan Looking Glass Inc. (ALG), an intelligence and scientific research company, on behalf of Turnkey Capital Inc. (TKCI), a publicly…

3 months ago

Data Center | Deborah Grey

PDG adds 210 MW to its capacity in India

Princeton Digital Group (PDG), a prominent data center provider with presence across APAC, has announced a strategic multi-site acquisition in…

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…

2 years ago

Sustainability | Deborah Grey

AdaniConnex to raise US$ 1.44 Billion using Sustainability-linked Financing

AdaniConnex, a 50:50 joint venture between India’s Adani Enterprises and US-based EdgeConneX, has established sustainability linked financing, with the aim…

2 years ago

Sustainability | Hazel Moises

Equinix Expands Renewable Energy Footprint with Singapore PPA Deal

Equinix, Inc. and Sembcorp Industries, a provider of energy and urban solutions, have signed Singapore’s first renewable energy power purchase…

2 years ago

Sustainability | Hazel Moises

AirTrunk and CLP Power Partner to Boost Renewable Energy in Hong Kong

AirTrunk and CLP Power Hong Kong Limited have announced a significant step towards supporting Microsoft’s renewable energy goals. The initiative,…

2 years ago

Sustainability | Deborah Grey

Africa Data Centers and DPA SA break ground for Solar Farm in South Africa

Africa Data Centres and Distributed Power Africa Southern Africa (DPA SA) have broken ground on their solar farm South Africa.…

2 years ago

Sustainability | Deborah Grey

Bridge Data Centres partners with Red Dot Analytics to power sustainability goals with technological innovation

Bridge Data Centres International Pte Ltd (BDC), a major player in the data centre market in the Asia Pacific region,…

2 years ago

Sustainability | Deborah Grey

Evolution Data Centres looks to renewable energy to power DCs in Thailand and Vietnam

Evolution Data Centres (EDC), a data centre provider in the Asia Pacific region, has entered into a strategic partnership with…

2 years ago

Sustainability | Nick Parfitt

Can innovation solve the PUE challenge and enhance data centre sustainability?

Can innovation solve the PUE challenge and enhance DC sustainability? Even before the exponential rise of AI computing power, and…

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