Business – Page 31

2 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…

2 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…

2 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…

2 months ago

Artificial Intelligence | Jan Yong

Singapore’s Temasek aims to double AI investment by 2031

Temasek Holdings, Singapore’s sovereign wealth fund, plans to more than double its exposure to artificial intelligence (AI) to up to…

2 months ago

Capital | Deborah Grey

I Squared Capital to invest US$ 2 billion into digital infrastructure and district cooling in Saudi Arabia

PIF and I Squared Capital, an independent global infrastructure investment manager, have signed a Memorandum of Understanding (MoU) for I…

2 months ago

Data Center | Deborah Grey

Letsia to invest US$ 13.32 million into green data center development in Riyadh

Letsia, a Middle Eastern technology conglomerate has announced plans to invest SAR 50 million (US$ 13.32 million) to develop a…

2 months ago

Capital | Brendyn Lotz

Palava land deal points to Digital Edge’s second India data center

Digital Edge DC, the Asia-Pacific data center operator, is reportedly planning a 270 MW data center in Palava, near Mumbai,…

2 months ago

Capital | Conor McNevin

SK hynix’s Nasdaq debut sets stock soaring as AI memory demand drives investor interest

SK hynix, South Korea’s second-largest company by market value, began trading on Friday July 10 after holding an opening bell…

2 months ago

Americas | Brendyn Lotz

EY and Hummingbird AI to develop up to 800 MW of data center capacity in Trinidad and Tobago

The twin-island nation of Trinidad and Tobago will host new data centers with capacity of up to 800 MW after…

2 months ago

Capital | Deborah Grey

e& announces US$ 5.95 billion sale of Vodafone investment to French billionaire

UAE-based global technology group Emirates Telecommunications Group Company PJSC (“e&”) has announced that it is selling its entire stake in…

8 months ago

Business | Jan Yong

Digital Halo secures US$ 46.9 million financing to expand Manila data center

Digital Halo Pte Ltd, a Singapore-based data center operator, has recently secured a PhP 2.78 billion (US$46.9 million) project financing…

8 months ago

Artificial Intelligence | Deborah Grey

HUMAIN and Infra announce strategic financing Framework Agreement for AI infrastructure development

HUMAIN, an artificial intelligence company owned by Public Investment Fund (PIF), which is Saudi Arabia’s sovereign wealth fund, has announced…

8 months ago

Capital | Deborah Grey

Syntys acquires Q Data facilities in Qatar

Ooredoo Group, a global communications company, has announced that its digital infrastructure arm Syntys, has acquired Q Data QFZ LLC,…

8 months ago

Capital | Conor McNevin

BlackRock and Microsoft’s tech consortium raises US$ 12.5 billion for AI infrastructure development

BlackRock has announced that its artificial intelligence investment consortium has raised US$ 12.5 billion for developing artificial intelligence infrastructure. The…

8 months ago

Capital | Jan Yong

Khazanah plans to channel funds to power grids, chip firms amid AI boom

Malaysia’s sovereign wealth fund Khazanah Nasional Bhd plans to pour more capital into strengthening its power infrastructure and funding local…

8 months ago

Capital | Conor McNevin

DC BLOX secures US$ 240 Million for data center expansion

DC BLOX, a provider of data centers and fiber networks in the Southeastern U.S., has raised US$ 240 million in…

8 months ago

APAC | Jan Yong

Digital Realty enters Malaysia through acquisition of TelcoHub 1 data center in Cyberjaya

Global data center provider Digital Realty, yesterday announced it plans to enter Malaysia by acquiring CSF Advisers, owners of the…

8 months ago

Capital | Simon Dux

Aware Super backs Vantage APAC with USD 300m data centre investment

Australian superannuation fund Aware Super is extending its exposure to digital infrastructure in the Asia-Pacific region, committing USD300 million (around…

8 months ago

Capital | Jan Yong

Indonesia inks US$ 124 million deal with ARM for chip design blueprint

Indonesia has recently signed a joint venture agreement worth an initial 2.1 trillion rupiah (US$ 124.5 million) with UK-based global…

8 months ago

APAC | Jan Yong

Data center REITs likely to list in Malaysia soon: Report

Developers in Malaysia with data center assets are increasingly looking at Real Estate Investment Trust (REIT) listings to monetise their…

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4 months ago

Projects | Conor McNevin

Finland launches its new national supercomputer

Finland has launched its new national supercomputer named Roihu, located at the IT Center for Science (CSC) data center in…

4 months ago

Projects | Conor McNevin

Vattenfall and Nscale sign renewable power deal for Norway AI data center

Vattenfall, a European energy company and Nscale, a neocloud and vertically integrated AI hyperscale infrastructure company, have signed a long-term…

4 months ago

Projects | Conor McNevin

Equinix opens its MD5 data center in Spain

Equinix, a global colocation company, has opened its MD5 data center in Alcobendas, Spain, as part of a €460 million…

4 months ago

Cloud | Deborah Grey

SoftBank to launch AI data center GPU cloud in Japan

SoftBank Corp. has announced that it will launch an AI Data Center GPU Cloud, as part of its neocloud business…

4 months ago

Power | Conor McNevin

Tekcapital plc launches Vesari Inc. to develop geothermal-powered AI data centers

Tekcapital plc, a UK investment company, has formed a fifth U.S incorporated technology portfolio company, Vesari Inc., to commercialise intellectual…

4 months ago

APAC | Simon Dux

Melbourne: operators tackle power and water constraints, back prefab push

Transmission bottlenecks, gigawatt-scale customer demands, and the shift to modular construction dominated a candid panel discussion on next-generation data centre…

4 months ago

Artificial Intelligence | Conor McNevin

WhiteFiber signs US$ 160 million AI compute deal in Paris

WhiteFiber, a vertically integrated Artificial Intelligence (AI) and High Performance Computing (HPC) infrastructure solution provider, has signed a five-year agreement…

4 months ago

Artificial Intelligence | Conor McNevin

Italy fast-tracks EdgeConneX AI data center project

Italy has designated a major data center development tied to EdgeConneX, US based global data center and digital infrastructure provider,…

4 months ago

Cloud | Conor McNevin

Google Cloud partners with Thales to launch sovereign cloud in Germany

Google Cloud and Thales, a provider of advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors, have established…

4 months ago

Projects | Conor McNevin

€70 Million Gaia AI Factory to be established in Poland

Poland has launched the Gaia AI Factory project under the European High Performance Computing Joint Undertaking (EuroHPC JU). This new…