Business – Page 27

2 months ago

Americas | Brendyn Lotz

US$ 5 billion funding round pushes Databrick valuation to US$ 190 billion

Data and artificial intelligence company Databricks has announced that it has closed a US$ 5 billion strategic funding round at…

2 months ago

Americas | Brendyn Lotz

KIO Data Centers considering 100 MW expansion in Mexico

KIO Data Centers, a Latin American digital infrastructure and technology services company, has announced several new projects across Mexico following…

2 months ago

Artificial Intelligence | Conor McNevin

Nebius expands its infrastructure in Finland with second data center

Nebius Group, an AI cloud company, is expanding its presence in Mäntsälä Finland, by building a second data center. The…

2 months ago

Connectivity | Deborah Grey

Lightstorm secures US$ 261 million debt facility to launch India’s AI Superhighway to SEA

Lightstorm, a global AI connectivity platform, has launched India’s ‘AI superhighway’ – a utility-grade, deep trenched, high-capacity fiber network spanning…

2 months ago

Artificial Intelligence | Conor McNevin

Nebius to expand UK AI capacity at Vantage’s Newport data center

Nebius, an AI cloud company, has entered into an agreement to lease high-density capacity at Vantage Data Centers’ CWL1 campus…

2 months ago

Africa | Brendyn Lotz

Eskom looks to hyperscalers to soak up South Africa’s 6 GW power surplus

Eskom, South Africa’s state-owned electricity utility, plans to court hyperscalers such as Amazon, Google, and Microsoft to take up as…

2 months ago

Data Center | Brendyn Lotz

Kazakhstan’s Data Center Valley on track to complete first 50 MW facility in June 2027

The Kazakhstan government said on Thursday that construction of the Data Center Valley project in Ekibastuz is progressing smoothly with…

2 months ago

SEA | Jan Yong

Building Thailand’s next digital backbone: Inside Manee Tech Estate’s push to become critical national infrastructure

Manee Tech Estate is positioning its 811-rai (321-acre) site as critical digital infrastructure for hyperscale operators. Key Highlights: Independent Validation:…

2 months ago

Capital | Jan Yong

MRCB sells land in Malaysia for US$ 102 million to Singapore-backed data center firm

Malaysian construction and property developer Malaysian Resources Corp Bhd (MRCB) has sold seven parcels of land in Cyberjaya, Selangor for RM419.05…

2 months ago

Business | Conor McNevin

NTT DC REIT Q1 results show property occupancy improvement

NTT DC REIT, a pure-play data center real estate investment trust, reported its distributable income for the first quarter (Q1)…

5 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…

5 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…

6 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…

6 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…

6 months ago

Capital | Conor McNevin

Naver receives 400 billion won to expand its AI infrastructure

Naver, a South Korean internet conglomerate, is developing a large-scale AI data center located in Sejong City named “Gak Sejong”,…

6 months ago

Capital | Deborah Grey

Total data center spending to surpass US$ 650 billion in 2026: Gartner

Global spending on data centers is expected to increase 31.7 percent, surpassing US$ 650 billion in 2026, up from nearly…

6 months ago

Capital | Conor McNevin

Microsoft to invest AU$ 25 billion in Australia’s AI and cloud infrastructure by 2029

Microsoft will invest AU$ 25 billion (US$ 18 billion) in Australia’s digital infrastructure by the end of 2029, marking its…

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3 months ago

Connectivity | Jan Yong

NTT GDC & Fuji Electric break ground on NTT’s new data center substation in Thailand

NTT Global Data Centers (NTT GDC) in a first time collaboration with Fuji Electric (Thailand) Co.,Ltd. in Thailand, broke ground recently on…

3 months ago

Data Center | Jan Yong

NTT targets 2028 to implement modular construction to halve hyperscale completion time

Japanese critical infrastructure firm NTT Facilities, Inc. has recently started developing a new data center method that could halve construction time…

3 months ago

Americas | Brendyn Lotz

Meta expanding Louisiana data center to 5 GW in US$ 50 billion AI push

Meta has announced it will be investing more than US$ 50 billion to expand its data center operation in Richland…

3 months ago

Capital | Deborah Grey

HCLTech to invest up to US$ 363 million to establish AI data centers in India

HCLTech, a global technology company, has announced a strategic investment of up to ₹3,500 crore (~US$ 363 million) to establish…

3 months ago

Capital | Brendyn Lotz

CNCI, JPIX, and AT TOKYO building a digital infrastructure hub in Nagoya

A new data center and connectivity hub is taking shape in Nagoya, Japan, as part of a collaboration between Community…

3 months ago

Data Center | Conor McNevin

UK strengthens oversight of major cloud providers to protect financial sector data

The UK Government has introduced a new oversight regime that has designated four major cloud service providers as Critical Third…

3 months ago

Data Center | Jan Yong

Mitsubishi Estate to debut in Japan with 2,500MW data centers at US$9.3 billion investment

Japanese real estate developer Mitsubishi Estate plans to invest about 1.5 trillion yen (US$9.3 billion) to construct large-scale data centers with…

3 months ago

Africa | Brendyn Lotz

Raxio’s TZ1 to add 6 MW and 800 racks to Tanzania’s data center market

African data center operator Raxio Group is planning to launch Tanzania’s first carrier-neutral, Tier III data center, on the outskirts…

3 months ago

Connectivity | Jan Yong

US$1.3 billion Bifrost gets fully leased; Keppel reviews 2 new cable systems

Singapore-based asset manager Keppel Ltd has signed an Indefeasible Right of Use agreement with an undisclosed global hyperscaler for the fifth and final…

3 months ago

Connectivity | Conor McNevin

euNetworks adds Alpine fiber route linking Paris and Milan data center

euNetworks, a European bandwidth infrastructure company, has launched a direct 1,057 km fiber route between Paris and Milan. This adds…

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