Business – Page 3

4 days ago

Projects | Conor McNevin

Prime Data Centers to build 550 MW data center campus in Denmark

Prime Data Centers, an international hyperscale developer and owner in partnership with Brunswick Real Estate, have revealed plans to build…

4 days ago

APAC | Jan Yong

EPG closes US$ 100 million in Series B+ financing to scale global expansion

EPG, a Singapore-headquartered data center modular infrastructure provider, has closed over US$ 100 million in Series B+ financing following the…

5 days ago

Capital | Deborah Grey

Mistral raises US$ 830 million in debt financing to fund AI DC in France

Mistral AI, a French generative artificial intelligence (AI) company, has reportedly raised US$ 830 million to buy 13,800 NVIDIA chips…

5 days ago

Artificial Intelligence | Conor McNevin

Microsoft to add 900 MW to AI campus in Abilene, Texas

Microsoft will now add some 900 MW of capacity at its upcoming AI campus in Abilene, Texas. The construction will…

5 days ago

APAC | Simon Dux

Power gets you built but fibre determines if you win

Australia’s data centre sector has long been defined by a familiar formula: secure land, lock in power, obtain planning approval,…

1 week ago

Americas | Conor McNevin

Bernie, AOC propose AI data center moratorium bill

US Senator Bernie Sanders (Senator Vermont.) and Rep. Alexandria Ocasio-Cortez (Democrat N.Y.) unveiled legislation on Monday aimed at pausing the…

1 week ago

APAC | Conor McNevin

APDCA launches a new sustainability accord

The Asia-Pacific Data Centre Association (APDCA) has launched a new initiative aimed at promoting sustainability across the region’s data center…

1 week ago

APAC | Simon Dux

NSW launches data centre consultation to manage energy, water impacts

The New South Wales Government has launched a six-week consultation on the future of data centre development, setting out a…

1 week ago

APAC | Simon Dux

NSW moves 15 data centres worth AUD 51.9bn into IDA pipeline

The New South Wales government has moved 15 data centre projects worth a combined AUD 51.9 billion into its Investment…

1 week ago

Projects | Conor McNevin

PoweringAI plans to repurpose European industrial sites as AI hubs

Xynteo, a sustainability and strategic advisory firm has officially launched PoweringAI, a new pan-European venture which aims to convert industrial-scale…

3 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…

3 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…

3 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…

4 weeks 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…

1 month ago

Capital | Conor McNevin

Amazon to invest €33.7B in Spain for AI, cloud expansion and infrastructure

Amazon Web Services (AWS) plans to invest €33.7 billion (US$ 39.8 billion) in Spain to expand data center and cloud…

1 month ago

Capital | Deborah Grey

Equinix and CPP Investments to acquire atNorth for US $4 billion

Global digital infrastructure provider Equinix, and Canada Pension Plan Investment Board (CPP Investments), have announced they have entered into a…

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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…

2 years ago

Outages | Karl Loomes

Alibaba Cloud outage sees apps taken offline

Alibaba Cloud saw a number of its major applications taken offline Sunday – including the shopping platform Taobao and workplace…

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…

1 month 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 months ago

APAC | Jan Yong

[Opinion] Revisiting the first data center protest in Malaysia

Following the much-publicised protest last Saturday by a group of 50 residents demanding an end to dust pollution allegedly caused…

2 months ago

Policy | Deborah Grey

India offers tax holiday till 2047 to foreign cloud service providers using Indian data centers

India’s Finance Minister Nirmala Sitharaman made a surprising announcement while delivering the nation’s budget on Sunday, offering foreign cloud service…

2 weeks ago

Projects | Conor McNevin

Bell Canada to build 300 MW AI data center in Saskatchewan

Bell Canada, a telecommunications company, and the Government of Saskatchewan have announced plans for a 300 MW AI-focused data center…

2 weeks ago

Data Center | Deborah Grey

STT GDC India breaks ground for data center campus in Palava

ST Telemedia Global Data Centres (India) (STT GDC India), a co-location data center services provider in India, has broken ground…

2 weeks ago

Projects | Conor McNevin

Microsoft to build second Danish datacenter region in West Denmark

Microsoft has announced plans to establish a second datacenter region in Denmark, with sites in Varde and Esbjerg municipalities. The…

2 weeks ago

APAC | Simon Dux

Datagrid secures 140MW power deal with Mercury to underpin Southland AI factory

Datagrid New Zealand has signed a long-term 140MW Power Purchase Option Agreement (PPOA) with Mercury, securing electricity pricing for its…

3 weeks ago

Artificial Intelligence | Deborah Grey

Shinsegae Group joins hands with Reflection AI to build sovereign AI factory in South Korea

Shinsegae Group, one of South Korea’s largest conglomerates, has announced a Memorandum of Understanding (MoU) with Reflection AI, Inc., an…

3 weeks ago

Projects | Conor McNevin

RadiusDC to acquire phoenixNAP’s Phoenix colocation facility

RadiusDC, a data center solutions provider, announced it has reached an agreement to acquire phoenixNAP’s Phoenix data center and colocation…

3 weeks ago

APAC | Jan Yong

Vietnam’s US$2 billion AI data center to start construction in April

Vietnam’s first AI data center, a US$ 2 billion project is expected to commence construction on 30th April, according to…

3 weeks ago

Projects | Conor McNevin

FirstLight expands Bedford data center to support AI and Enterprise workloads

FirstLight, a digital infrastructure and technology solutions company, has expanded its Bedford data center in New Hampshire, increasing the facility’s…

3 weeks ago

APAC | Simon Dux

Datagrid secures approval for New Zealand’s first AI factory in Southland

Datagrid New Zealand has received full resource consent to develop what it describes as the country’s first “AI factory,” a…

3 weeks ago

APAC | Simon Dux

NSW approves Stockland data centre for Sydney innovation precinct

The New South Wales government has approved plans for a new hyperscale data centre development at Stockland’s MPark precinct in…

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…

3 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…

4 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,…

5 months ago

Sustainability | Jan Yong

ByteDance first in Malaysia to ink Green Electricity Tariff (GET) deal with TNB

ByteDance last week signed an agreement with Tenaga Nasional Berhad, becoming the first subscriber and offtaker for the Green Electricity…