Core42 raises US$ 550 million to scale AI infrastructure
Core42, a G42 company specializing in sovereign cloud and AI infrastructure, has secured US$ 550 million to scale its AI cloud and compute deployments across the United States and Europe. In a press release, Core42 explained that these funds were raised via two structured trade finance facilities with HSBC, one for US$ 240 million and […]
Aramco and IBM collaborate to advance industrial AI adoption
Aramco, a Saudi-owned integrated energy and chemicals company, and IBM, a global provider of hybrid cloud and AI, and consulting services, have announced their intended collaboration on opportunities to advance artificial intelligence, agentic AI, automation, material science and other mutually agreed domains in the industrial sector. The announcement was made at THINK Boston, IBM’s global […]
Pixxel, Sarvam join India’s orbital data center race
Pixxel, a planetary intelligence company that builds and operates imaging satellites, has announced a strategic partnership with Sarvam, an Indian AI company, to develop and build what it claims will be India’s first orbital data center satellite. In a press release, the companies revealed that under the partnership, Pixxel will design, build, launch, and operate […]
Macquarie Data Centres partners Macquarie Uni on data centre research
Australia’s Macquarie Data Centres has partnered with Macquarie University to develop research and training initiatives focused on data centre engineering, cloud, and cyber security, as demand for digital infrastructure skills continues to grow. The agreement establishes a framework for collaboration across research, industry engagement, and knowledge exchange, with a particular focus on building practical pathways […]
Equinix expands AI ecosystem with sovereign inferencing partner SCX
Equinix has added Australian sovereign AI provider SouthernCross AI (SCX) to its Fabric AI ecosystem, as the service provider looks to expand access to localised AI infrastructure across its platform. The move will see SCX deliver ASIC-powered AI inferencing capacity through Equinix Fabric, enabling enterprises and government agencies to connect directly to sovereign compute resources […]
Core Scientific expands its Pecos campus for AI data centers
Core Scientific, Inc, U.S.-based digital infrastructure operator, that originally built large-scale facilities for bitcoin mining, is now pivoting those sites toward artificial intelligence data center workloads, as the company plans to expand its Pecos, Texas campus to around 1 GW capacity. According to a press release, the Pecos site is part of the company’s broader […]
Total data center spending to surpass US$ 650 billion in 2026: Gartner
Global spending on data centers is expected to increase 31.7 percent, surpassing US$ 650 billion in 2026, up from nearly US$ 500 billion the previous year, forecasts Gartner, a business and technology insights company. According to Gartner, server spending is projected to accelerate this year, growing 36.9 percent YoY. Moreover, worldwide IT spending is expected […]
Delska opens 10 MW AI-focused data center in Latvia
Delska, a data center operator in the Baltics, has opened a 10 MW facility built for artificial intelligence (AI) and high-performance computing (HPC). The facility, named EU North Riga LV DC1, intends to address capacity constraints in major European data center hubs and reflects a broader push to position the Baltics as a competitive location […]
ESR raises US$ 850 million, data center expansion on the anvil across APAC
ESR, an Asia-Pacific real asset owner and manager, has secured an additional US$ 850 million in equity from existing shareholders with plans to direct much of the new capital toward expanding its data center business. The funding comes as ESR accelerates its shift away from non-core assets and increases its exposure to digital infrastructure, a […]
USSC backs data centres to drive Australia’s grid transition – but bottlenecks remain
A report from the University of Sydney-based United States Studies Centre (USSC) has positioned Australia’s growing data centre sector as a potential catalyst for energy system investment, arguing that increased demand from digital infrastructure could help accelerate the build-out of renewable generation. In its paper “Powering the cloud: data centres and the future of Australia’s […]