Business – Page 3

7 days ago

Outages | Deborah Grey

UPDATE | Iran threatens US tech companies, Trump says war objectives “nearing completion”

Iran has named 18 technology companies with dire consequences if the US continues to attack and kill the Middle Eastern…

7 days ago

APAC | Jan Yong

Microsoft to spend US$ 5.5 billion from 2025 to 2029 to power Singapore’s AI

Microsoft is on track to spend US$ 5.5 billion from 2025 until the end of 2029 to power Singapore’s AI…

7 days ago

APAC | Jan Yong

Microsoft plans to invest US$ 1 billion from 2026 to 2028 to advance AI in Thailand

Microsoft plans to invest more than US$ 1 billion from 2026 to 2028 in cloud and AI infrastructure in Thailand,…

7 days ago

Policy | Conor McNevin

World Data Organization launched in Beijing

The World Data Organization (WDO) was formally established at its first general meeting in Beijing on March 30, as delegates…

1 week ago

APAC | Jan Yong

DayOne to invest US$ 7 billion in Malaysia in 2026

Singapore-headquartered data center platform, DayOne Data Centers Limited announced it would invest RM28 billion (US$ 6.96 billion) cumulatively in Malaysia…

1 week ago

APAC | Simon Dux

Melbourne data centre market remains tight even as state govt intervenes

Melbourne is tightening as one of Australia’s most supply-constrained data centre markets, with fresh state backing for AI infrastructure adding…

1 week ago

Projects | Conor McNevin

New AI and data center to boost research infrastructure in Berlin

Berlin’s research landscape will soon get a new AI facility and data center through a collaboration between the Zuse Institute…

1 week ago

Capital | Conor McNevin

Starcloud raises US$ 170 million for space-based data centers

Starcloud (formerly Lumen Orbit), a Seattle-area aerospace startup that wants to build data centers in space has raised US$ 170…

1 week ago

Capital | Deborah Grey

DigitalBridge and JEXI acquire select DC assets from NEC Corporation

DigitalBridge Group, a global investor in digital infrastructure, and Japan Extensive Infrastructure Ltd. (JEXI), an investment advisory company within the…

1 week ago

APAC | Simon Dux

Datacom buys T4’s Auckland data centre

Datacom has acquired T4 NZ Data Centres’ 5200 sqm Auckland data centre, bringing its total footprint to five data centres…

4 weeks ago

Capital | Conor McNevin

Aramco reports billion dollar gains from AI, digital and technology solutions

Aramco, a Saudi-owned integrated energy and chemicals company, has reported Technology Realized Value (TRV) of US$ 5.3 billion in 2025…

4 weeks ago

Capital | Conor McNevin

NVIDIA invests US$ 2 billion in Nebius Group to expand AI cloud infrastructure

NVIDIA, a multinational AI technology company and Nebius Group N.V., an AI cloud company, have formed a broader partnership to…

4 weeks ago

APAC | Jan Yong

PDG secures USD 350 million funding; targets USD 5 billion debt financing in 2026

Singapore-based data center operator, Princeton Digital Group (PDG), has closed a USD 350 million debt financing, as part of its plan…

4 weeks ago

APAC | Simon Dux

Macquarie Technology secures AUD 200m to expand sovereign digital infrastructure

Australia’s National Reconstruction Fund Corporation (NRFC) has committed AUD 200 million to Macquarie Technology Group to support the expansion of…

4 weeks ago

APAC | Simon Dux

Anthropic opens Sydney office as it explores AI infrastructure expansion

AI developer Anthropic is expanding into Australia and New Zealand with a new office in Sydney, signalling growing demand for…

4 weeks ago

APAC | Deborah Grey

AirTrunk secures US$ 1.2 billion green loan for its flagship Tokyo campus

AirTrunk, a hyperscale data centre operator with projects across Asia Pacific and the Middle East, has secured a JP¥191.6 billion…

4 weeks ago

Capital | Conor McNevin

CoreWeave’s AI-focused strategy drives record US$ 5 billion revenue

CoreWeave, an AI-native cloud provider, reached US$ 5.13 billion in revenue for 2025, as per its recent earnings announcement. This…

4 weeks ago

Capital | Conor McNevin

Nscale raises US$ 2 billion Series C at US$ 14.6 billion valuation

Nscale, an AI infrastructure company, has raised US$ 2 billion in a Series C funding round led by Aker ASA…

1 month ago

Capital | Conor McNevin

HighBrook Investors closes US$ 266 million inaugural data center fund

HighBrook Investors, a real estate private equity firm, has closed its inaugural data center fund, HighBrook US DCF, LP, raising…

1 month ago

Capital | Conor McNevin

OpenAI raises US$ 110 Billion and expands ties with SoftBank, NVIDIA and Amazon

OpenAI has raised US$ 110 billion in new funding at a US$ 730 billion pre-money valuation, deepening ties with major…

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2 years ago

Outages | Deborah Grey

Jio outage impacts internet services; data center fire to blame?

On Tuesday, consumers of Reliance Jio’s internet services were left in the lurch when an alleged fire at a data…

2 years ago

Outages | Hazel Moises

Fire at Digital Realty’s SIN11 Data Center Leads to Partial Closure, Damage Assessment Underway

Following the devastating fire at Digital Realty’s SIN11 data center in Singapore, authorities and recovery teams continue to assess the…

2 years ago

Outages | Hazel Moises

24 hours on, firefighters still at Digital Realty’s Singapore data center

Firefighting efforts continue at Digital Realty’s SIN11 data center in Singapore more than 24 hours after the fire started. The…

2 years ago

Outages | Deborah Grey

Microsoft suffers yet another outage

Less than a fortnight after an Azure outage and a faulty Crowdstrike update dealt a twin blow to transportation and…

2 years ago

Outages | Nick Parfitt

Accounting software giant Xero suffers major outage

Accounting software giant Xero is suffering a global outage across the morning of 31st August AEST. It reported that “some…

2 years ago

Outages | Deborah Grey

Fibre optic cables vandalised in France

Just hours after the glittering opening ceremony for the Summer Olympic Games was held in Paris, came reports of fibre…

2 years ago

Outages | Deborah Grey

Are we okay after last week’s Microsoft Azure outage and faulty CrowdStrike update?

Last week, a Microsoft Azure outage and a faulty CrowdStrike update delt a twin blow to transportation and banking services…

2 years ago

Outages | Nick Parfitt

NAB customers hit by bank outages

National media is reporting (as at 3 pm AEST) that the National Australia Bank has been hit by outages which…

2 years ago

Outages | Deborah Grey

Data Center Outages: Expensive. Disruptive. Preventable?

On October 14, 2023, a data center outage brought digital banking and financial services to a grinding halt in Singapore.…

2 years ago

Outages | Deborah Grey

McDonald’s Global System Outage caused by “third party provider” during “configuration change”

McDonald’s, the popular global fast-food chain, was struck by an unprecedented outage on Friday when customers in different locations across…

1 month ago

APAC | Simon Dux

NEXTDC’s Craig Scroggie will chair Data Centres Australia’s inaugural board

A new industry body, Data Centres Australia (DCA), has appointed its inaugural board as it seeks to position Australia as…

1 month ago

APAC | Jan Yong

Malaysia restricts non-AI data centers: Anwar

In a surprise response in Parliament yesterday, Malaysian Prime Minister Dato Seri Anwar Ibrahim said the country has restricted all…

1 month ago

APAC | Jan Yong

Singapore to impose PUE requirements on all data centers in upcoming Digital Infrastructure Act

Singapore will impose Power Usage Effectiveness (PUE) requirements on all data centres – new and existing – in the proposed…

2 months ago

APAC | Simon Dux

New Zealand could unlock NZD 70bn from data centre exports – BCG

New Zealand has a “genuine right to win” a share of the global AI infrastructure buildout, but must act quickly…

2 months ago

Policy | Conor McNevin

Eagan, Minnesota announces one year moratorium on DC development

The Eagan City Council has reportedly approved a one-year moratorium on data centers and cryptocurrency operations, the first such pause…

2 months ago

APAC | Jan Yong

Thailand plans to impose bank guarantees for power purchase by data centers

Thailand plans to impose a requirement for a bank guarantee or collateral to secure power purchases for data centers and…

2 months ago

Policy | Conor McNevin

Eagan City Council considers one-year moratorium on data centers and crypto mining

In Minnesota, the Eagan City Council is expected to vote this week on a one-year moratorium on new data centers…

2 months ago

Artificial Intelligence | Jan Yong

Singapore to set up National AI Council to steer AI adoption

Singapore will set up a new National AI Council to oversee and harness the power of artificial intelligence (AI) in…

2 months ago

APAC | Simon Dux

Paper explores engagement models for Australia’s data centre expansion

A new academic paper by UTS Transdisciplinary School academic Dr Bronwyn Cumbo argues that participatory design could provide a structured…

2 months ago

Americas | Conor McNevin

New York lawmakers propose temporary moratorium on data centers

New York State Senator Liz Krueger and Assemblymember Anna Kelles have recently introduced legislation to impose a temporary, three-year moratorium…

2 weeks ago

Projects | 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…

2 weeks ago

HPC | 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…

2 weeks 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…

2 weeks 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…

2 weeks 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…

2 weeks 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 weeks ago

Data Center | Conor McNevin

U.S. DoE and DoC partner with SoftBank and AEP to launch 10 GW data center project in Ohio

The U.S. Department of Energy (DoE) and Department of Commerce (DoC) have announced a partnership with SoftBank and AEP Ohio…

3 weeks ago

Cloud | Conor McNevin

Scaleway expands into Italy with new cloud region in Milan

Scaleway, the European public cloud and AI platform owned by the iliad Group, has launched a new cloud region in…

3 weeks ago

Projects | Conor McNevin

Google announces GW-scale data center project in Michigan

Google has confirmed plans to build a new data center in Michigan. The facility will be powered by 2.7 GW…

3 weeks ago

Projects | Conor McNevin

HammerHAI Europe’s new AI supercomputer

The European High Performance Computing Joint Undertaking (EuroHPC JU) has signed a contract with Hewlett Packard Enterprise (HPE) to deploy…

3 months ago

Power | Conor McNevin

Google enhances its global energy partnerships and PPAs

Global tech giant Google has signed three new long-term power purchase agreements (PPAs) with Clearway Energy Group (Clearway) to power…

3 months ago

Power | Conor McNevin

Data centers drive US electricity demand to new record

U.S. electricity demand is set to record its strongest four-year growth streak since 2000, driven largely by the rapid expansion…

3 months ago

Power | Conor McNevin

OceanBit and Energy Estate’s partner to use ocean thermal power for digital infrastructure

OceanBit, a developer of Ocean Thermal Energy Conversion (OTEC) technology, and Energy Estate, an energy and infrastructure development company, have…

4 months ago

Power | Conor McNevin

Alphabet to acquire Intersect to power its data centers

Alphabet, the parent company of Google, has agreed to acquire Intersect, a data center, energy infrastructure solutions provider for US$…

4 months ago

Sustainability | Jan Yong

How Bridge Data Centres builds on ESG to shape the future of sustainable business and infrastructure

Bridge Data Centres (BDC) does not just adopt ESG principles — it builds its entire business on them. From day…

4 months ago

Sustainability | Simon Dux

Water industry urges national water-efficiency standards for ANZ data centres

Australia’s peak water industry body has called for national water-efficiency standards for new data centre developments, arguing that clearer rules…

4 months ago

Sustainability | Jan Yong

Equinix inks 10 MWp solar deal with ESR, TEPCO

Colocation specialist Equinix, Inc. has yesterday signed a 20-year Power Purchase Agreement (PPA) with ASSETCO to secure 10 MWp of…

4 months ago

Projects | Conor McNevin

Bitzero launches 1 GW green data center project in Finland

Bitzero Holdings Inc, which specializes in sustainable blockchain and high-performance computing (HPC) data centers, has launched Phase I development of…

4 months ago

Sustainability | Jan Yong

JTC, NUS to test green data center innovations on Jurong Island

JTC Corporation (JTC) on Monday signed a Memorandum of Understanding (MOU) with the National University of Singapore (NUS) to collaborate…

5 months ago

Sustainability | Jan Yong

World Bank, PDT, Ditrolic Energy to jointly develop 2,000km sq US$ 6 billion renewables zone in Johor

The World Bank Group (WBG), Permodalan Darul Ta’zim (PDT), the strategic investment arm of the Johor State, and Ditrolic Energy,…