Business – Page 19

2 months ago

APAC | Jan Yong

Yovole and Fortera Capital to invest US$ 8 billion in Singapore AI push

Singapore-headquartered data center service provider Yovole International and China-based Fortera Capital asset management firm have jointly agreed to invest over…

2 months ago

Capital | Conor McNevin

CoreWeave and Meta expand US$ 21 billion AI cloud deal

CoreWeave, an American AI and cloud computing company, has expanded its agreement with Meta Platforms, Inc. to provide additional AI…

2 months ago

Capital | Conor McNevin

ESR raises US$ 850 million, data center expansion on the anvil across APAC

ESR, an Asia-Pacific real asset owner and manager, has secured an additional US$ 850 million in equity from existing shareholders…

2 months ago

APAC | Simon Dux

USSC backs data centres to drive Australia’s grid transition – but bottlenecks remain

A report from the University of Sydney-based United States Studies Centre (USSC) has positioned Australia’s growing data centre sector as…

2 months ago

APAC | Jan Yong

Digital Realty targets US$5.5 billion AI investment in Singapore

NYSE-listed data center platform Digital Realty today announced it is targeting nearly S$7 billion (US$ 5.5 billion) of total investment…

2 months ago

Data Center | Deborah Grey

Digital Realty opens new data center in Japan

Digital Realty, a global provider of cloud and carrier-neutral data center, colocation, and interconnection solutions, has announced the opening of…

2 months ago

GPU and Semiconductor | Conor McNevin

Intel joins Elon Musk’s Terafab chip project

Intel, an American multinational technology company, will join Elon Musk’s Terafab AI chip complex project with SpaceX and Tesla to…

2 months ago

Artificial Intelligence | Conor McNevin

Alibaba launches AI data center in China using domestically developed chips

Alibaba Group Holding, and China Telecom, have launched a new AI data center in Shaoguan city located in the Guangdong…

2 months ago

APAC | Simon Dux

Viridis secures approval for Tasmania edge data centre

Viridis Green Data Centres has secured planning approval for a new edge data centre in Burnie, Tasmania, marking a step…

2 months ago

Connectivity | Deborah Grey

Equinix launches new IBX data center in Mumbai

Equinix, a global provider of connectivity and digital infrastructure, has announced the opening of its fourth International Business Exchange™ (IBX®)…

1 year ago

Capital | Hazel Moises

NTT Explores $1 Billion Singapore REIT Listing, Taps BofA and UBS

Japanese telecommunications giant Nippon Telegraph & Telephone Corp (NTT) is considering a significant move in the Singaporean capital markets. The…

1 year ago

Capital | Hazel Moises

Keppel DC REIT to Divest Malaysian Data Center

Keppel DC REIT Management Pte. Ltd., the manager of Keppel DC REIT, announced today that its subsidiary, Basis Bay Capital…

2 years ago

Capital | Aurora Tang

Bain Capital acquires European data centre firm AQ Compute

Global private investment firm Bain Capital has announced the acquisition of 80 percent stake in AQ Compute, a data centre…

2 years ago

Capital | Nick Parfitt

HMC Capital announces strategic acquisition of Global Switch Australia to seed Global DigiCo Platform and Equity Raise

HMC Capital Limited (ASX: HMC) [HMC] announced today [24 October 2024 AEDT] key initiatives to establish a global digital infrastructure…

2 years ago

Capital | Nick Parfitt

Macquarie Technology Group Limited announces successful refinancing and upsizing of debt capacity to $450m

Macquarie Technology Group Limited (ASX: MAQ) (the “Group”) today [21 October 2024] announced the successful signing of a debt refinancing…

2 years ago

Capital | Nick Parfitt

HMC Capital Limited confirms it is under due diligence to acquire potentially various data centre assets

In a brief release, HMC Capital Limited (ASX: HMC) notes the media speculation released by various media outlets dated 3…

2 years ago

Capital | Nick Parfitt

Blackstone reported to be on the verge of acquiring AirTrunk

Reports from Bloomberg indicate that Blackstone is close to finalising the acquisition of the Australian data centre operator AirTrunk. The…

2 years ago

Capital | Nick Parfitt

Final bids submitted by major consortiums for AirTrunk’s data centre portfolio

In the past week, bidding for major Australian data centre provider AirTrunk has reached the final offer stage. Two consortiums…

2 years ago

Capital | Aurora Tang

Data Center Investments worth over US$70 Billion in the pipeline: Blackstone

With over US$70 billion in prospective data centres projects, and a current portfolio worth US$55 billion, Blackstone is positioning itself…

2 years ago

Capital | Hazel Moises

CapitaLand Ascendas REIT Boosts Singapore Portfolio with 1H 2024 Gains

CapitaLand Ascendas REIT Management Limited, the manager of CapitaLand Ascendas REIT (CLAR), reported a strong financial performance for the first…

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5 months ago

Projects | Conor McNevin

Microsoft gains approval for 15 new data centers in Wisconsin

Microsoft has received approval from Wisconsin authorities to build 15 additional data centers in Mount Pleasant, where it already has…

5 months ago

Projects | Deborah Grey

Dongyang to build AI data centers in South Korea

Dongyang, a subsidiary of South Korea’s Eugene Group, is considering building two data centers in South Korea. Local media reports…

5 months ago

Projects | Conor McNevin

DayOne eyes Finland for 560 MW data center facility

DayOne, a Singapore-based data center developer, has planned development for a data center in Klaukkala, Nurmijärvi, Finland that could reach…

5 months ago

Projects | Deborah Grey

L&T Vyoma breaks ground on 40 MW green AI-ready DC in Navi Mumbai

Larsen & Toubro Vyoma, the digital infrastructure arm of L&T, has broken ground for its upcoming 40 MW green, AI-ready…

5 months ago

Projects | Conor McNevin

Crow Holdings plans 245 MW data center campus in Texas

Crow Holdings, a privately owned real estate investment and development firm, has revealed plans for a 245 MW data center…

5 months ago

Cloud | Conor McNevin

UpCloud opens data center at former NATO munitions bunker in Norway

UpCloud has announced that its new data center in Stavanger, Norway, has gone live, extending its cloud infrastructure across the…

5 months ago

Projects | Deborah Grey

Iron Mountain Data Centers breaks ground on 85 MW AI DC campus in Mumbai

Mumbai continues to be the destination of choice for global data center players, attracting big-ticket projects. The maximum city opened…

5 months ago

GPU and Semiconductor | Jan Yong

Viettel breaks ground on Vietnam’s first chip fabrication plant

Viettel Group has officially broken ground on the construction of Vietnam’s first semiconductor chip fabrication plant, laying the foundation for…

5 months ago

Business | Simon Dux

SG.GS expands Australian PoPs to boost wholesale connectivity

Singapore and London-based wholesale carrier SG.GS has announced it is expanding its Australian network to bridge the infrastructure gap between…

5 months ago

Business | Jan Yong

MN Holdings clinches data center substation deals worth US$ 30.3 million

MN Holdings Berhad, a Malaysian infrastructure and engineering specialist, has recently been awarded four contracts with a combined value of…

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