Markets – Page 3

5 days ago

Data Center | Jan Yong

Sunway Construction clinches US$ 657 million data center jobs in Selangor and Johor

Malaysian construction giant Sunway Construction Group Bhd has secured a RM1.74 billion (US$430 million) contract from an unnamed international hyperscaler to…

5 days ago

Americas | Brendyn Lotz

Brazil earmarks US$ 68 million in leftover 5G auction funds for sovereign AI data center

The board of directors of the National Telecommunications Agency (Anatel) in Brazil has endorsed two proposals previously approved by the…

5 days ago

Connectivity | Deborah Grey

Ooredoo partners with DE-CIX for new internet exchange in Oman

Ooredoo, a Middle East-based international provider of telecommunications and digital infrastructure, has partnered with DE-CIX, a major global operator of…

5 days ago

Capital | Brendyn Lotz

Key STT GDC India shareholders bring in advisors for stake sale: Report

KKR, a US investment firm, Singtel, a Singaporean telecommunications and technology firm, and Tata Communications, an Indian telecommunications firm, are…

5 days ago

Americas | Conor McNevin

SpaceX to expand U.S. terrestrial 5G with Qualcomm technology

Space Exploration Technologies Corp. (SpaceX), a multi-segment aerospace, connectivity, and artificial intelligence company, has selected Qualcomm Technologies Inc (Qualcomm), a…

5 days ago

Americas | Conor McNevin

Fluor and TeraWulf sign EPC contract for three data center buildings in Kentucky

Fluor Corporation (Fluor), a civil engineering company, has signed an engineering, procurement and construction (EPC) contract with TeraWulf, an American…

5 days ago

Artificial Intelligence | Deborah Grey

ADNOC partners with OpenAI and G42 to deploy frontier AI agents for oil exploration in the Middle East

The Abu Dhabi National Oil Company (ADNOC) has announced a multi-year partnership with AI research and deployment company OpenAI, and…

6 days ago

ANZ | Simon Dux

Goodman and Digital Realty move on NextDC after M3 power delay

Australia’s Goodman Group and Digital Realty have moved to build a stake in Australian data centre operator NextDC, seeking to…

6 days ago

Capital | Jan Yong

Google to invest US$15 billion in data centers in Malaysia from 2027-28

Tech giant Google will invest US$15 billion in Malaysia from 2027 to 2028 to build data center campuses in the states of…

6 days ago

Data Center | Conor McNevin

Russia desperate to stay online as data centers move underground and abroad

Russia is looking for innovative solutions to keep its digital infrastructure functioning amidst the ongoing war with Ukraine in wake…

2 weeks ago

Americas | Brendyn Lotz

ARC Cloud and Compal sign MOU eyeing 100 MW of AI data center capacity

Accelerated Research Computing (ARC Cloud), a neocloud company specializing in the investment, development, and operation of large-scale artificial intelligence computing…

2 weeks ago

Americas | Conor McNevin

Blackstone and banks commit US$ 63 billion deal to fund Anthropic’s AI infrastructure

Blackstone, an alternative asset manager, two renowned US banks, namely Bank of America, and Citi, and Morgan Stanley, a global…

2 weeks ago

Americas | Jan Yong

Anthropic’s US$2 trillion IPO is “nuts”: deVere CEO

Anthropic’s IPO filing on Monday has been slammed as “nuts” by the CEO of deVere Group, an independent financial advisory…

3 weeks ago

Americas | Brendyn Lotz

Soluna and Applied Digital to develop 50 MW AI data center at a Texas wind farm

Soluna Holdings, Inc., a green artificial intelligence (AI) data center developer, has entered into a definitive agreement with Applied Digital…

3 weeks ago

Americas | Conor McNevin

Nebius Group secures multi billion loan to fund AI infrastructure expansion

Nebius Group (Nebius), an AI cloud company, has entered into a US$ 3.5 billion senior secured credit facility provided by…

3 weeks ago

Americas | Brendyn Lotz

PHP rushes out patches after PHP2Shell flaws leak early

Two severe vulnerabilities, dubbed PHP2Shell, that affect every version of PHP since version 5.4 were improperly disclosed this week, leading…

3 weeks ago

Americas | Conor McNevin

Musk backs potential SpaceX Tesla merger subject to approval by independent committees

Elon Musk has voiced support for a potential merger between SpaceX and Tesla, saying the combination has merit while stressing…

3 weeks ago

Africa | Brendyn Lotz

World Bank backs shared AI compute as alternative to standalone data centers in emerging markets

The World Bank Group, a family of five international institutions that provides loans, grants, and technical advice to developing countries,…

3 weeks ago

Americas | Brendyn Lotz

Nscale shops second Anthropic deal at Monarch data center campus: Report

Nscale, a London-based vertically integrated AI infrastructure company,is reportedly in talks to sell Anthropic US$ 44.6 billion in compute power…

3 weeks ago

Americas | Brendyn Lotz

NiSource to power Microsoft’s La Porte campus under 20-year deal

NiSource, a US utility company, has announced a 20-year energy agreement with Microsoft, starting in 2028, for a northwest Indiana…

1 week ago

Capital | Conor McNevin

Vietnam’s province considers US$ 700 million AI data center project

Tay Ninh Province in Vietnam is considering a proposed US$ 700 million artificial intelligence data center project following discussions with…

1 week ago

ANZ | w.media

AI is collapsing the boundaries inside modern data centres

The rapid rise of AI is not only driving unprecedented demand for data centres. It is fundamentally changing how those…

1 week ago

Data Center | Brendyn Lotz

South Korea sets aside US$ 15.8 billion for AI data centers and chips in record 2027 budget

South Korean President Lee Jae Myung revealed the country’s largest ever budget for 2027 with spending on digital infrastructure, including…

1 week ago

Data Center | Conor McNevin

LG CNS completes 30 MW AI data center in Jakarta

LG CNS, a South Korean digital transformation and information technology services company, has completed construction of a 30 MW AI…

1 week ago

Data Center | Jan Yong

SM+ Data Centers, LG Sinar Mas, KIRA open 21MW AI-ready data center in Jakarta

Indonesia’s SM+ Data Centers and LG Sinar Mas, together with Korea Investment Real Asset Management (KIRA), have today opened a 21-megawatt…

1 week ago

Power | Jan Yong

DayOne inks MOU with Blue Whale Energy to explore Distributed VPP in Singapore

Singapore-headquartered digital infrastructure platform DayOne Data Centers recently signed a Memorandum of Understanding (MOU) with Blue Whale Energy, a Singapore-based company…

1 week ago

Cooling | Jan Yong

Google to build US$160 million water facilities in Negeri Sembilan, Malaysia

Global technology firm Google plans to build an off-river storage reservoir and water treatment plant that can deliver 65 million…

1 week ago

Capital | Jan Yong

Singapore’s STTGDC seeks US$ 2.4 billion data center loan: Report

Singapore-based data center platform STT GDC Pte Ltd (STTGDC) is in discussions with banks for a S$3.1 billion (US$2.4 billion)…

1 week ago

NEA | Jan Yong

Powering data centers in Japan

Nuclear and geothermal are making a comeback on the back of strong data center demand. Jan Yong examines the unfolding…

2 weeks ago

Artificial Intelligence | Brendyn Lotz

NTT DATA grows AI Factory footprint to five sites

NTT DATA, an artificial intelligence, digital business, and technology services provider that forms part of NTT Group, has announced the…

2 weeks ago

Artificial Intelligence | Conor McNevin

CoreWeave deploys AI infrastructure in Denmark

CoreWeave, an American cloud computing company, has marked its first deployment in Denmark by partnering with atNorth, a Nordic data…

2 weeks ago

Automation | Conor McNevin

Generative Bionics to build a physical AI facilities network in Europe for humanoid robots

Generative Bionics, an Italian deep tech company developing humanoid robots for industrial applications plans to establish a three site physical…

2 weeks ago

Africa | Brendyn Lotz

“We want to build the foundation right”: Inside MTN’s 150 MW data center strategy

Africa has developed an appetite for digital services. From education, to health, to financial services, and financial markets, the continent’s…

2 weeks ago

Capital | Brendyn Lotz

SWI Group launches SWI Compute with US$ 1 billion NVIDIA order

SWI Group, a transatlantic investment group listed on Euronext Amsterdam, has launched SWI Compute, a new AI and infrastructure provider…

2 weeks ago

Capital | Brendyn Lotz

Swiss government tenders up to US$ 8.48 billion for three-tier sovereign cloud

The Federal Office of Information Technology, Systems and Telecommunication (FOITT) in Switzerland has published an invitation to tender for the…

2 weeks ago

Middle East | Deborah Grey

Masdar to develop 550 MW solar project in Greece

Masdar, UAE’s state-owned renewable energy and green hydrogen company based in Abu Dhabi, has signed an agreement to acquire and…

2 weeks ago

Data Center | Brendyn Lotz

Firebird’s US$ 5 billion Kazakhstan AI factory gets green light for 45,000 NVIDIA GPUs

Firebird, an artificial intelligence cloud and infrastructure company, has secured a US export license for 45,000 NVIDIA Grace Blackwell GPUs…

2 weeks ago

Africa | Brendyn Lotz

O3 Group launches in Libya with plans for Europe-Africa digital corridor

Ozone Group for Telecom & Technology (O3 Group), a newly formed Libyan telecommunications and digital infrastructure company, has announced the…

2 weeks ago

Europe | Conor McNevin

Telefónica and IQM to install Madrid’s first quantum computer

Telefónica, a Spanish multinational telecommunications company, and IQM Quantum Computers, a superconducting quantum computer developer, will install the first quantum…

3 weeks ago

Artificial Intelligence | Deborah Grey

G42 signs strategic agreements to explore AI infrastructure and applications in Greece

G42, an Abu Dhabi-based technology holding group, and some of its portfolio companies, have signed memoranda of understanding (MoUs) agreements…

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