Business – Page 21

1 month ago

Americas | Brendyn Lotz

Verrus data center filing sidesteps land-sale block and looming moratorium

Verrus, a data center development firm backed by Sidewalk Infrastructure, has filed a planning application with the City of Salem…

1 month ago

Capital | Brendyn Lotz

Canalink begins laying Project RING connecting eastern Canary Islands

Canalink, a subsea telecommunications operator owned by the Tenerife Island Council through the Institute of Technology and Renewable Energies (ITER),…

1 month ago

Americas | Conor McNevin

PowerPlay AI plans 400 MW West Texas AI data center

PowerPlay AI, an energy infrastructure company, through a joint venture (JV) with a Nasdaq-listed neocloud partner, is developing a 400…

1 month ago

Data Center | Jan Yong

Data center application shelved in Malaysia after outcry from 500 households

The pushback against data centers saw early victory in Malaysia when 500 households successfully stopped a proposed data center from…

2 months ago

Americas | Brendyn Lotz

Liberty Networks, CANTV launch Fénix subsea cable linking Venezuela to Curaçao

Liberty Networks, a connectivity and digital infrastructure provider in Latin America and the Caribbean, together with the Compañía Anónima Nacional…

2 months ago

Americas | Brendyn Lotz

US DOE partners with Brookfield, NextEra on US$ 100 billion AI data center campus

The US Department of Energy (DOE) has struck a partnership with Brookfield, NextEra Energy, Big Rivers Electric Power Corporation, Jackson…

2 months ago

Artificial Intelligence | Conor McNevin

EU planning seven AI gigafactories with €30 billion investment

The European Union (EU) has opened applications for seven AI gigafactories as it works to expand its computing infrastructure for…

2 months ago

Capital | Jan Yong

Thailand’s True IDC seeks US$ 2 billion loan to build new data center

True Internet Data Center Co., Ltd., (True IDC), one of the largest data center platforms in Thailand, is seeking about US$…

2 months ago

Capital | Jan Yong

South Korean K-Test breaks ground on US$ 50 million chip testing plant in Malaysia

In a boost to Malaysia’s ranking as one of the top semiconductor exporters in the world, South Korea-based semiconductor testing…

2 months ago

Capital | Conor McNevin

Yondr Group to sell majority interest in UK data center asset to GLIL

Yondr Group (Yondr), an owner and operator of hyperscale data center, has agreed to sell a majority stake in one…

4 months ago

Capital | Conor McNevin

Anthropic valuation touches US$ 965 billion surpassing OpenAI

Anthropic, an American AI company, has raised US$ 65 billion in a Series H funding round at a US$ 965…

4 months ago

Capital | Conor McNevin

DigitalBridge to acquire ArcLight in a US$ 1.05 billion deal

DigitalBridge Group Inc, an asset manager dedicated to investing in digital infrastructure has agreed to acquire ArcLight Capital Partners, LLC…

4 months ago

APAC | Jan Yong

Data centers in Southeast Asia are winners amid war: Report

The Middle East war is driving capital toward stable, neutral markets such as Malaysia. “Despite risks from higher oil prices…

4 months ago

Artificial Intelligence | Deborah Grey

Core42 raises US$ 550 million to scale AI infrastructure

Core42, a G42 company specializing in sovereign cloud and AI infrastructure, has secured US$ 550 million to scale its AI…

4 months ago

APAC | Jan Yong

Digital Edge secures US$ 575 million holdco financing for Asian expansion

Singapore-headquartered data center platform Digital Edge today announced it has successfully closed its inaugural US$ 575 million holding company (HoldCo) financing which…

4 months ago

Capital | Conor McNevin

NVIDIA reports record US $81.6 billion in revenue

NVIDIA reported first-quarter results for the period ended April 26, 2026, with revenue of US$ 81.6 billion, up 20 percent…

4 months ago

APAC | Jan Yong

OpenAI to commit US$ 234 million for ‘OpenAI for Singapore’

OpenAI plans to commit S$300 million (US$ 234 million) to strengthen Singapore’s AI ecosystem as stated in a Memorandum of Understanding (MOU)…

4 months ago

Africa | Conor McNevin

Bharti Airtel board approves US$ 2.9 billion share-swap deal to increase stake in Airtel Africa

Bharti Airtel, an Indian international telecommunications service company, plans to raise its stake in Airtel Africa through a INR 282…

4 months ago

APAC | Jan Yong

DayOne plans to list in Singapore and New York: Report

Singapore-based data center platform DayOne plans to list simultaneously in Singapore and New York in an IPO that could raise…

4 months ago

Capital | Conor McNevin

Cerebras Systems Inc’s IPO surges at US$ 185 per share

Cerebras Systems Inc, an AI chip company, priced its initial public offering (IPO) at US$ 185 per share for 30,000,000…

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2 months ago

Data Center | Conor McNevin

Cerebras plans to expand European data center footprint to 200 MW

Cerebras Systems, an American artificial intelligence infrastructure company, has announced plans to expand its AI infrastructure presence in Europe to…

2 months ago

ANZ | Simon Dux

Meta’s Project Waterworth reveals Australian landing plan with Vocus

New environmental filings point to Darwin as an Australian landing point for Meta’s Project Waterworth global subsea cable system, with…

2 months ago

Data Center | Brendyn Lotz

Gujarat data center policy expected to attract investments worth US$ 62.9 billion

The Chief Minister of Gujarat, Bhupendra Patel, has announced the Viksit Gujarat Data Center Policy 2026-2029 in a bid to…

2 months ago

Capital | Brendyn Lotz

VOLT announces Dutch AI Cloud in first step toward Rotterdam AI gigafactory

VOLT, an AI factory developer and operator, is taking the first step toward establishing an AI Gigafactory in Rotterdam, Netherlands,…

2 months ago

Data Center | Jan Yong

Malaysia enters second wave of data center boom: Analyst

The second wave of data centre boom in Malaysia has arrived underpinned by persistent demand for data centres and sustained…

2 months ago

Artificial Intelligence | Jan Yong

AI dominates US$1.99 billion investment into Thailand

Thailand has approved US$ 1.99 billion (66.3 billion baht) of new investments mostly in high tech sectors like artificial intelligence (AI), advanced…

2 months ago

ANZ | Simon Dux

Anthropic reportedly seeks up to 1.4GW of Australian data centre capacity

Anthropic is seeking to secure more than 1.4GW of Australian data centre capacity as part of a long-term AI infrastructure…

2 months ago

Americas | Brendyn Lotz

AI capacity set to balloon as US colocation investment races to US$ 85 billion

As demand for AI-ready infrastructure and enterprise cloud capacity increases, Arizton Advisory and Intelligence’s latest report estimates that the US…

2 months ago

Data Center | Conor McNevin

SEGRO and Pure DC form second joint venture for Paris data center

SEGRO, a UK Real Estate Investment Trust (REIT), and Pure Data Centres Group Limited (Pure DC), a London-based privately owned…

2 months ago

Americas | Conor McNevin

Meta plans its first AI data center in Alberta, Canada

Meta has announced its plan to build a 1 GW AI data center in Sturgeon County, Alberta, marking the company’s…

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