Business – Page 4

1 week 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…

1 week 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…

1 week ago

Capital | Conor McNevin

CapitaLand Ascendas REIT to invest S$ 1.3 billion in Singapore and Japan assets

CapitaLand Ascendas REIT (CLAR) will invest S$ 1.31 billion (US$ 1 billion) to acquire three assets in Singapore and Japan,…

1 week 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…

1 week 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

Outages | Deborah Grey

UPDATE | AWS Bahrain region experiencing disruption amidst ongoing war

The cloud and data center industry continues to remain in a precarious state amidst the ongoing war between the US…

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

Policy | Conor McNevin

Baltimore Council proposes one-year moratorium on data centers

The city of Baltimore in Maryland, is considering a major pause on the construction of large data centers. On Monday,…

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

APAC | Simon Dux

AirTrunk, CDC and Equinix back govt data centre rules, NextDC urges execution focus

Australia’s largest data centre operators have broadly endorsed the federal government’s new expectations framework for digital infrastructure, signalling alignment between…

1 month ago

Capital | Deborah Grey

Schneider Electric posts record revenue driven by data center demand

French energy management firm Schneider Electric, a dominant player in the data center infrastructure space, has just announced its Q4…

1 month ago

Capital | Conor McNevin

Yondr Group raises £532m in debut ABS financing

Yondr Group, a hyperscale data center developer, owner and operator has raised £532 million (US$ 670 million) through its first…

1 month ago

APAC | Jan Yong

Telkomsel seeks US$$1 – US$1.5 billion to sell major stake in NeutraDC

Indonesia’s telecom operator PT Telekomunikasi Selular (Telkomsel), is working with financial advisers to sell its majority stake in NeutraDC seeking…

1 month ago

APAC | Jan Yong

DayOne plans to raise US$ 5 billion in US IPO: Sources

DayOne, a Singapore-based data center operator, plans to raise up to US$5 billion in an initial public offering (IPO) in…

1 month ago

Artificial Intelligence | Conor McNevin

HUMAIN invests US$ 3 billion in xAI ahead of SpaceX acquisition

HUMAIN, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund (PIF), has invested US$ 3 billion in xAI’s…

1 month ago

Artificial Intelligence | Deborah Grey

Adani commits US$ 100 billion to building sovereign AI infrastructure in India

The Adani Group has announced a direct investment of US$ 100 billion to develop renewable-energy-powered, hyperscale AI-ready data centers in…

1 month ago

Artificial Intelligence | Conor McNevin

Meta and NVIDIA expand AI infrastructure partnership

Meta and NVIDIA have announced a multiyear, multigenerational partnership to develop AI infrastructure spanning on-premises, cloud, and data center deployments.…

2 months ago

Capital | Deborah Grey

Blackstone-led group invests US$ 600 million in Neysa

Neysa, an Artificial Intelligence acceleration cloud platform in India, has announced that private equity funds affiliated with Blackstone, and co-investors,…

2 months ago

Capital | Deborah Grey

Anthropic raises US$ 30 billion in Series G funding

Anthropic, an American artificial intelligence safety and research company, has raised US$ 30 billion in Series G funding led by…

2 months ago

APAC | Jan Yong

NTT DC REIT distributes US$36.3 million amid robust DC demand

NTT DC REIT’s 9M FY25/26 update yesterday reveals a resilient and growing business, enabling it to achieve Distributable Income of…

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2 years ago

Outages | Nick Parfitt

The Optus Outage: The analyses continue …..

As the dust settles on November 8th and possibly also on a considerable slice of Optus’ net worth, the debate…

2 years ago

Outages | Karl Loomes

Data center power outage hits Cloudflare services

The US cloud and IT security company continues to see many of its products and services having issues today after…

2 years ago

Outages | Deborah Grey

Dhaka’s Towering Inferno Kills 3; Disrupts Internet, Telecom and Data Center Services

A huge fire broke out in Khwaja Tower, a 14-storied commercial complex located in the Mohakhali area of Bangladesh’s capital…

2 years ago

Outages | Vincent Liew

Data Center Outage Disrupts Digital Services in Singapore

Singapore is known for its world-class digital infrastructure. But the region was left vulnerable on October 14th, when a sudden…

3 years ago

Outages | Nick Parfitt

Oracle Netsuite and Azure Sydney downtime: services now returning to normal but questions still remain

Oracle Netsuite and Microsoft Azure cloud services in Sydney seem to have recovered from the downtime that hit them in…

2 months ago

Americas | Conor McNevin

New Orleans temporarily suspends data center development pending impact study and zoning review

The New Orleans City Council voted to halt new data center projects citywide while the City Planning Commission (CPC) reviews…

2 months ago

APAC | Simon Dux

NSW parliamentary inquiry puts data centre growth under the microscope

A New South Wales parliamentary inquiry has been launched to examine the rapid expansion of data centres across the state,…

2 months ago

APAC | Simon Dux

Victoria claims AI could add AUD 30 bln to economy over next decade

The Victorian state government has released a new AL mission statement that sets out an ambition to position the state…

2 months ago

Americas | Conor McNevin

Power of the People Act: Why was it proposed, and who is supporting it?

U.S. Democratic party members and senators Cory Booker and Chris Van Hollen have introduced a new legislation aimed at shifting…

2 months ago

Americas | Conor McNevin

The House Foreign Affairs Committee advances the AI Overwatch Act

The House Foreign Affairs Committee (HFAC) has advanced the AI Overwatch Act during a full committee markup, moving forward a…

2 months ago

Cybersecurity | Conor McNevin

European Commission proposes new cybersecurity package to strengthen ICT supply chains

The European Commission has unveiled a new cybersecurity package aimed at reinforcing the European Union’s (EU) resilience against growing digital…

2 months ago

Connectivity | Conor McNevin

Europe proposes Digital Networks Act to enhance connectivity

The European Commission has proposed the Digital Networks Act (DNA) to update and harmonise EU rules on connectivity networks. The…

3 months ago

Data Center | Jan Yong

Thailand approves 7 new data centers valued at US$ 3.1 billion

Thailand Board of Investment (BOI) has approved seven new data center projects with combined investment value of USD 3.1 billion…

3 months ago

APAC | Jan Yong

Malaysia tightens rules to prevent ‘phantom’ power demand by data centers

Malaysia is tightening its rules to prevent speculative power applications by requiring data centers to declare their annual demand rather…

3 months ago

Policy | Deborah Grey

SPECIAL FEATURE | India lays the roadmap for democratizing access to AI

The Government of India has recently released a whitepaper on AI infrastructure, laying the foundation for making it accessible to…

4 weeks ago

APAC | Jan Yong

DayOne, Cortical Labs partner to build Singapore’s first biological data center

DayOne, a Singapore-headquartered global data center developer and operator, and Cortical Labs, a biological computing startup in Melbourne, will collaborate…

4 weeks ago

Projects | Conor McNevin

Nebius gains approval to build AI factory in Missouri

Nebius, an AI cloud company, will move forward with plans for a large AI factory in Independence, Missouri, after the…

4 weeks ago

Projects | Conor McNevin

Did Oracle and OpenAI scrap Texas data center expansion plans?

Oracle and OpenAI have reportedly cancelled plans to expand a major artificial intelligence data center in Abilene, Texas. The expansion…

1 month ago

APAC | Simon Dux

Stockland finalises EdgeConneX data centre JV as CEO plots more investment

Australian property developer Stockland has formalised a 50:50 joint venture with US operator EdgeConneX to develop a national portfolio of…

1 month ago

APAC | Simon Dux

Goodman breaks ground on 90MW Sydney DC as pipeline reaches AUD 18bn

Goodman Group has formally marked the start of construction on a 90MW data centre in northern Sydney, as the developer’s…

1 month ago

Projects | Conor McNevin

Iraqi-UAE World Link project expands Eurasia connectivity ambitions

An Iraqi-UAE consortium is advancing the US$ 700 million World Link Transit Cable Project, a hybrid subsea and terrestrial fiber-optic…

1 month ago

Projects | Conor McNevin

South Korea’s Ministry of Science and ICT plans to launch a National AI Computing Center

The South Korean Ministry of Science and ICT (MSIT), has finalized an action plan to establish a National AI Computing…

1 month ago

APAC | Simon Dux

Firmus secures “multi-billion-dollar” AI contract for Melbourne

Australia’s Firmus Technologies has signed a long-term, multi-billion-dollar contract with a leading global technology platform for dedicated AI infrastructure capacity…

1 month ago

Projects | Conor McNevin

EdgeConneX plans 1GW data center campus in Skellefteå, Sweden

EdgeConneX, a global, private, data center provider and developer, plans to acquire a Lyten data center site in Skellefteå, Sweden,…

1 month ago

Projects | Conor McNevin

Penzance plans US$ 4 billion private AI infrastructure campus in West Virginia

Penzance Management, a private real estate owner, operator, developer, and investment fund manager, has planned a US$ 4 billion full-build…

5 months ago

Sustainability | Jan Yong

Bridge Data Centres inks 10-year water deal with Eastwater Stecon for its Thailand data center

Bain Capital-backed Bridge Data Centres (Thailand) Co., Ltd. (BDC) has last month signed a 10-year industrial water purchase agreement with…

5 months ago

EMEA | Conor McNevin

Special Feature | The French commitment: Powering AI dreams with low-carbon sources

France stands out across Europe’s AI and digital infrastructure landscape, due to its unique energy mix, favouring sustainable power sources.…

5 months ago

Sustainability | Conor McNevin

TotalEnergies, Data4 ink renewable power supply deal in Spain

Global energy company, TotalEnergies and European data center operator, Data4, have signed a 10-year agreement for the supply of renewable…

5 months ago

Sustainability | Jan Yong

Basis Bay, STT GDC launch eco-green data center in Cyberjaya, Malaysia

Green data center provider, Basis Bay yesterday launched what it claims to be the ‘world’s first Eco-Green data centre’ in…

5 months ago

Sustainability | Conor McNevin

SPECIAL FEATURE | America’s Energy Revolution: How US data centers are transitioning from fossil fuels to renewables

The digital infrastructure industry across the United States is undergoing a significant transition from a long-standing reliance on fossil fuels,…

5 months ago

Sustainability | Deborah Grey

CtrlS and NTPC Green Energy to establish 2 GW Renewable Energy projects

CtrlS Datacenters Ltd, a key player in South Asia’s data center landscape, has signed a memorandum of understanding (MoU) with…

5 months ago

Sustainability | Deborah Grey

Yotta partners with darya.ai to build green data center in Tajikistan

Yotta Data Services, a prominent data center provider from India, has signed a strategic collaboration agreement with darya.ai Ltd, a…

5 months ago

Sustainability | Jan Yong

Bridge Data Centres inks water deal for its data center in Thailand

Bridge Data Centres (Thailand) Co., Ltd. (BDC) has last week signed an industrial water purchase agreement with Eastwater Stecon Utilities…

6 months ago

Sustainability | Conor McNevin

Apple to invest US$ 600 million to upgrade renewable energy projects in Europe

Apple is bolstering its renewable energy investments across Europe with large-scale solar and wind projects in Greece, Italy, Latvia, Poland,…

6 months ago

IoT and Edge | Deborah Grey

Moro Hub partners with Univers to use AI and IoT achieve sustainability goals

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has signed a…