Business – Page 23

2 months ago

Americas | Brendyn Lotz

AMD secures up to 2.5 GW of US data center capacity from Core Scientific

Core Scientific, a digital infrastructure company, has announced a partnership under which chipmaker AMD will secure up to 2.5 GW…

2 months ago

ANZ | Simon Dux

Australian AI data centre framework faces state split over renewable requirements

The Northern Territory and Queensland have opposed key elements of the federal government’s proposed framework for regulating the energy use…

2 months ago

Americas | Brendyn Lotz

Meta hands BlackRock majority stake in 1 GW El Paso data center

Meta has announced a joint venture with BlackRock, a leading investment management firm, to develop and operate its data center…

2 months ago

Capital | Brendyn Lotz

Orange and Morrison put US$ 3.41 billion behind new French data center firm

French multinational telecommunications operator Orange and global infrastructure investor Morrison have announced an agreement to create a jointly controlled data…

2 months ago

Americas | Brendyn Lotz

Amazon Leo seeks FCC nod for D2D satellite constellation

Amazon Leo, Amazon’s low Earth orbit satellite connectivity solution, has filed an application with the Federal Communications Commission (FCC) to…

2 months ago

Americas | Conor McNevin

Open Secure AI Alliance: Tech giants come together to launch AI cybersecurity initiative

A coalition of technology companies, cybersecurity vendors, and open source organisations, has launched the Open Secure AI Alliance, an industry…

2 months ago

ANZ | Simon Dux

South Australia energy precinct bets on staged AI data centre deployment

South Australia’s Aurora Energy Precinct, north of Port Augusta, is emerging as an example of how energy developers are adapting…

2 months ago

Capital | Jan Yong

Digital infrastructure dominates Keppel’s funding momentum beating interim FUM target ahead of schedule

Digital infrastructure including data centers have played a key role in netting Keppel Ltd. new capital commitments of about S$7.8…

2 months ago

Americas | Conor McNevin

Nebius contemplating 1.2 GW data center campus in Pennsylvania

Nebius Group, an AI infrastructure and cloud company, is reportedly planning to build a 1.2 GW data center campus at…

2 months ago

Americas | Brendyn Lotz

Data center capital Loudoun County moves to pause new data center builds

The so-called data center capital of the world, Loudoun County, Virginia, may pause data center applications, site plans, and substation…

4 months ago

APAC | Jan Yong

PDG raises US$ 856 million debt for data center expansion in Indonesia

Singapore-based data center platform Princeton Digital Group (PDG) announced today it has raised about USD 856 million in total financing…

4 months ago

APAC | Jan Yong

DCI Indonesia secures US$ 976 million loan for data center expansion

PT DCI Indonesia Tbk (DCII) has secured a credit facility valued at IDR 17 trillion (US$976 million ) from PT Bank…

4 months ago

Capital | Conor McNevin

AMD’s Q1 revenue surges on back of AI demand, stocks rally

Growing demand for artificial intelligence infrastructure continues to fuel the first quarter (Q1) growth for Advanced Micro Devices (AMD), an…

4 months ago

APAC | Simon Dux

DigiCo to sell US assets as it pivots capital to Sydney growth

Australia’s DigiCo Infrastructure REIT is moving to exit parts of its US portfolio, including its Los Angeles land holdings, as…

4 months ago

Capital | Conor McNevin

South Korea pouring trillions into its AI infrastructure

The South Korean government, through the Financial Services Commission, has approved KRW 8.4 trillion (US$ 5.71 billion) to build out…

5 months ago

APAC | Jan Yong

Digital Edge hires JPMorgan for possible stake sale valued at US$ 10 billion: Report

Singapore-based data center platform Digital Edge, has hired JPMorgan Chase & Co to explore options including a full or partial sale,…

5 months ago

APAC | Jan Yong

PDG seeks sale of minority stake

Asia-Pacific data center platform Princeton Digital Group (PDG) has hired Goldman Sachs to undertake a strategic review that might result…

5 months ago

Capital | Conor McNevin

Michigan’s “The Barn” Oracle data center campus finalizes US$ 16 billion funding

Financing has been completed for a US$ 16 billion Oracle data center campus in Saline Township, Michigan, being developed by…

5 months ago

APAC | Jan Yong

Bain Capital seeks to sell Bridge Data Centres at US$ 5 billion valuation: Report

US investment firm Bain Capital is looking to sell 40 per cent or more of its stake in Bridge Data…

5 months ago

Capital | Conor McNevin

KKR invests US$ 1.5 Billion strategic equity in Vertical Bridge

Vertical Bridge REIT, LLC, largest private owner and operator of wireless communications infrastructure in the United States, has secured a…

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2 months ago

Capital | Brendyn Lotz

Andhra Pradesh allocates extra 25-acres for Sify’s 500 MW DC

The Andhra Pradesh state government in India has granted a slew of approvals including allocating Sify Infinit Spaces Limited (SISL),…

2 months ago

Capital | Jan Yong

G-Group to invest US$ 290 million in AI data center in Hanoi

Vietnamese technology investment firm, G-Group last week received investment certification for its G-Campus project, a 7,600 billion VND (US$ 290 million) AI data…

2 months ago

Artificial Intelligence | Conor McNevin

SK Telecom plans 15 GW AI data center expansion across South Korea

South Korea Telecom (SKT) plans to build AI data center capacity with the potential to scale up to 15 GW…

2 months ago

Americas | Brendyn Lotz

QTS walks away from 2,100-acre Digital Gateway project in Northern Virgina

QTS Data Centers, a company owned by global investment firm Blackstone, has walked away from a 2,100-acre data center campus…

2 months ago

Capital | Deborah Grey

SETL to acquire stake in GScale, plans phased investment of over US$ 50 million

Standard Engineering Technology Limited (SETL), a global engineering and precision equipment manufacturer, has proposed to acquire up to 51 percent…

2 months ago

Data Center | Conor McNevin

Arcus to acquire London data centre operator Volta from Verne

Arcus Infrastructure Partners, an independent fund manager, has agreed to acquire Volta Data Centres, the London data center currently operated…

3 months ago

Americas | Brendyn Lotz

ByteDance begins construction of US$ 38.44 billion data center in Brazil

The Pecém port complex in the Brazilian state of Ceará is reportedly the location of a major data center for…

3 months ago

Data Center | Conor McNevin

Microsoft signs conditional agreement for potential Grevenbroich data center

Microsoft Deutschland GmbH has signed a conditional purchase agreement for land in Grevenbroich, Germany as it considers expanding its planned…

3 months ago

Africa | Brendyn Lotz

Google announces Digital Exchange Port connecting South Africa to India

As part of its commitment to open four connectivity hubs on the African continent, Google Cloud announced plans to establish…

3 months ago

APAC | Simon Dux

ATA and AMTA merger creates unified voice for Australia’s telecoms sector

Australia’s two leading telecommunications industry associations have completed their merger, bringing together the Australian Telecommunications Alliance (ATA) and the Australian…

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