Business – Page 5

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…

2 weeks ago

APAC | Jan Yong

Bridge Data Centres seeks up to US$6 billion loan for Thailand expansion

Singapore-based data center developer Bridge Data Centres (BDC) is in discussions with lenders to obtain a potential loan of up…

2 weeks ago

Capital | Conor McNevin

Ecolab to acquire CoolIT Systems for US$ 4.75 billion

Ecolab, a global sustainability company, has agreed to acquire CoolIT Systems for US$ 4.75 billion in cash. CoolIT, owned by…

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…

2 weeks ago

APAC | Simon Dux

Australian government sets national expectations for data centres

The Australian government has introduced a new set of national expectations for data centres and AI infrastructure developers, signalling a…

2 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…

2 weeks ago

APAC | Deborah Grey

India’s DC capacity almost touched 1.5 GW in 2025: IT Ministry

India’s Ministry of Electronics and IT has revealed that the country’s data center capacity reached almost 1,500 MW or 1.5…

2 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…

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…

2 months ago

APAC | Simon Dux

Firmus secures USD 10bn Blackstone-led deal to scale AI factories

Firmus Technologies has secured a USD 10 billion private debt financing facility led by funds managed by Blackstone, with support…

2 months ago

Capital | Deborah Grey

AirTrunk finalizing A$ 1.8 billion debt package for Johor data center

AirTrunk, an Asia Pacific & Japan (APJ) hyperscale data center provider, is reportedly close to inking a A$ 1.8 billion…

2 months ago

Capital | Jan Yong

KKR, Singtel buy STT GDC for US$ 5.1 billion

Global investment firm KKR and Singtel announced today they have signed definitive agreements to acquire the remaining 82 per cent…

2 months ago

Capital | Jan Yong

KKR, Singtel, GIC, Mubadala set to acquire STT GDC in US$ 10 billion deal

Sovereign wealth funds GIC and Mubadala Investment are in talks to join KKR and Singtel in a potential deal to…

2 months ago

Capital | Jan Yong

EPG raises US$ 100 million in Series B for global expansion

Singapore-based modular data center specialist, EPG, recently raised nearly US$ 100 million from a consortium of investors co-led by international…

2 months ago

Capital | Conor McNevin

Amazon considering US$ 50 billion investment into OpenAI?

Amazon is reportedly in talks with OpenAI to invest as much as US$ 50 billion. An investment of this magnitude…

2 months ago

Capital | Conor McNevin

Microsoft shares plunge amid investor concerns over AI spending

Microsoft shares experienced a major decline on Thursday, despite the company reporting strong earnings. What reportedly raised investor concerns was…

2 months ago

APAC | Simon Dux

Spark completes sale of 75% stake in data centre business to Pacific Equity Partners

Spark New Zealand has completed the sale of a 75% stake in its data centre business to Australian private equity…

2 months ago

Artificial Intelligence | Deborah Grey

NVIDIA invests US$ 2 billion in CoreWeave, plans to build AI factories totalling 5 GW by 2030

NVIDIA and CoreWeave, have announced an expansion of their partnership to enable the latter to build more than 5 GW…

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3 months ago

Data Center | Jan Yong

HCMC sets up task force to expedite US$ 2 billion data center

Ho Chi Minh City People’s Committee has recently set up a 15-member strong task force to expedite regulatory approvals and…

7 months ago

Editor's Pick | Deborah Grey

SPECIAL FEATURE | India’s Draft National Data Center Policy 2025: Industry leaders cautiously optimistic

India has proposed a 20-year conditional tax holiday for data centers, amidst a slew of other benefits for data center…

9 months ago

Policy | Jan Yong

Government-business dialogue and clear policies crucial to preserve investor confidence: Johor IW Forum

Transparent government-business dialogue and reasonable transition periods are essential during policy shifts, panelists of a panel discussion emphasize during the…

1 year ago

Policy | Hazel Moises

Japan boosts Renewables, re-embraces Nuclear

In a significant policy shift, the Japanese government has announced plans to make renewable energy the cornerstone of its energy…

1 year ago

Policy | Deborah Grey

Cabinet approves UAE’s official stance on AI Policy

The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the…

2 years ago

Policy | Hazel Moises

Minister Calls for Affirmative Policies to Boost Data Center Industry in Indonesia

Communication and Informatics Minister Budi Arie Setiadi has urged the Indonesian government to implement affirmative policies to foster growth in…

2 years ago

Policy | Deborah Grey

Dubai Electronic Security Center launches Dubai AI Security Policy

The Dubai Electronic Security Center (DESC) has announced the launch of a policy specifically designed to oversee the adoption of…

2 years ago

Policy | Deborah Grey

Oman on track to formulate AI Policy

Oman’s Ministry of Transport, Communications and Information Technology (MTCIT) has launched a public consultation for the National Artificial Intelligence Policy.…

2 years ago

Policy | Nick Parfitt

ACCC’s investigation into Google’s search services continues as telcos re-evaluate long term deals

As of 4th July 2024 Telstra and Optus have agreed to unwind their long established deals with Google that meant…

2 years ago

Policy | Nick Parfitt

World-leading atlas puts global tech policy on the map

The Tech Policy Design Centre at The Australian National University (ANU) has launched a major expansion of its world-leading Tech…

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…

1 month ago

APAC | Simon Dux

CDC opens Melbourne campus as Victoria positions for 800 MW

CDC Data Centres has formally opened its first Melbourne data centre campus in Brooklyn, marking what it describes as a…

1 month ago

Projects | Conor McNevin

Vantage Data Centers and Altarea to develop an AI and cloud campus in France

Vantage Data Centers, a global hyperscale data center provider, and Altarea, a low carbon urban transformation group, have signed a…

1 month ago

Projects | Conor McNevin

Kontiolahti and YIT plan data center cooperation in Finland

Kontiolahti municipal board, and YIT, a Finnish construction and development company, have started cooperation on a potential data center project.…

1 month ago

Data Center | Deborah Grey

ESR debuts in India with 60 MW data center near Mumbai

ESR, an Asia-Pacific focused real asset owner and manager, has announced its entry into India’s data centre market with a…

1 month ago

Connectivity | Deborah Grey

2Africa cable activated in UAE

e& Carrier & Wholesale Services (C&WS), the international wholesale arm of global technology group e&, announced earlier this month, the…

1 month ago

Projects | Conor McNevin

atNorth to build 300MW data center in Sweden

atNorth, a Nordic data center colocation company, has confirmed plans to develop a 300 MW data center at Hamre Industrial…

1 month ago

Projects | Conor McNevin

Amazon announces US$ 12 billion investment into building multiple data centers in Northwest Louisiana

Amazon plans to invest US$ 12 billion in northwest Louisiana to build multiple data center campuses in Caddo and Bossier…

1 month ago

Connectivity | Conor McNevin

New subsea cable across Kattegat to boost Sweden–Denmark connectivity

GlobalConnect, a digital infrastructure and data communication provider, has begun laying a new submarine fiber-optic cable across the Kattegat to…

1 month ago

APAC | Simon Dux

Cisco and Sharon AI unveil AI Factory with 1,024 Blackwell Ultra GPUs

Cisco and SharonAI Holdings have launched what they describe as Australia’s first Cisco Secure AI Factory with Nvidia, a sovereign…

6 months ago

Sustainability | Hazel Moises

Malaysia cements status as sustainable data center hub with industry’s biggest gathering this October

Malaysia is definitively transforming from a regional overflow destination into a primary strategic hub for sustainable data center operations in…

6 months ago

Sustainability | Jan Yong

Special Feature: From (server) farm to fork: Could data centers supply produce

The next time you tuck into a bowl of Caesar’s Salad, have a look at the label to check the…

7 months ago

Special Reports | Deborah Grey

SPECIAL FEATURE | Sun-kissed data centers gain popularity across UAE, Saudi Arabia and India

Some of the fastest growing data center markets are located in the hottest places on earth, posing challenges to sustainability.…

7 months ago

Sustainability | Jan Yong

Singapore launches new green standard for data center equipment

Singapore has launched a new standard, SS 715:2025: Energy Efficiency of Data Centre IT Equipment, in an effort to help…

7 months ago

Sustainability | Jan Yong

PDG to use vegetable oil from Pertamina in its Indonesian data centers

Asia Pacific’s data center provider, Princeton Digital Group (PDG), yesterday announced a partnership with Pertamina Patra Niaga to use Hydrotreated…

7 months ago

Sustainability | Simon Dux

Data centre growth outpaces water allocation systems

Australia’s East Coast data centre sector is entering a critical phase where questions of water security are becoming inseparable from…

7 months ago

Sustainability | Simon Dux

Rethinking water and data centre growth in Melbourne

The rapid expansion of data centres in Melbourne is sharpening the focus on a resource often overshadowed by the power…

7 months ago

Sustainability | Jan Yong

Bridge Data Centres and BCA International to partner to promote green data centers globally

Bridge Data Centres (BDC) and BCA International (BCAI) will sign a Memorandum of Understanding (MoU) tomorrow in Singapore to mark…

8 months ago

Sustainability | Jan Yong

Equinix issues US$ 505 million Singapore green bonds for global total of US$ 9.5 billion

Equinix, Inc., a global digital infrastructure company®, today announced the issuance of S$650 million (US$ 505 million) in green bonds…

8 months ago

Sustainability | Deborah Grey

Oman Data Park announces launch of clean energy plant to power DCs

Oman Data Park (ODP), a provider of managed services, cloud solutions, and advanced cybersecurity in the Middle Eastern nation, has…