WhiteFiber signs US$ 160M 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 to provide AI compute infrastructure to an investment-grade technology customer in the Paris region. The contract is valued at more than US$160 million over five years. According to a press release, the project will use […]
Italy fast-tracks EdgeConneX AI data center project
Italy has designated a major data center development tied to EdgeConneX, US based global data center and digital infrastructure provider, as a project of strategic national interest to accelerate the permitting pathway as the Italian government seeks to expand AI-related infrastructure. The project, located in Lombardy, involves €3 billion (US$ 3.5 billion) in direct investment […]
NVIDIA reports record US $81.6 billion in revenue
NVIDIA reported first-quarter results for the period ended April 26, 2026, with revenue of US$ 81.6 billion, up 20 percent from the previous quarter and up 85 percent year over year (YoY). The technology company is also changing its reporting structure to two platforms: Data Center and Edge Computing. Data Center will include Hyperscale and […]
Aramco and Pasqal inaugurate KSA’s first Quantum Computer, launch commercial QCaaS platform
Aramco, a Saudi Arabian integrated energy and chemicals company, and Pasqal, a quantum computing company, have inaugurated Saudi Arabia’s first quantum computer, and launched one of the Middle East’s first commercial Quantum Computing as a Service (QCaaS) platforms. The quantum computer is located at Aramco’s data center in Dhahran and provides cloud-based access to customers […]
Vultr expands its European infrastructure in Milan
Vultr, a cloud infrastructure company, has opened a new cloud data center region in Milan, its ninth in Europe and 33rd globally, as the company expands AI and cloud infrastructure footprint across the region. According to a press release, the Milan region joins Vultr’s existing European locations in Amsterdam, Frankfurt, London, Madrid, Manchester, Paris, Stockholm, […]
Blackstone and Google’s joint venture launches a new AI data center company
Alternative asset manager, Blackstone, and technology giant Google, have announced a joint venture to build and operate a U.S.-based artificial intelligence data center company, which focuses on providing compute capacity for AI workloads using Google’s Tensor Processing Units (TPUs). According to a press release, the new company will offer data center capacity, operations, networking, and […]
Digital Realty opens its new data center in Barcelona
Digital Realty has opened its first data center in Barcelona. The facility, called BCN1, has a planned total capacity of 14 MW, and is designed to host multiple network providers, with a focus on interconnection and low-latency traffic exchange According to a company press release, the BCN1 site is located in the Sant Adrià de […]
Nebius Q1 2026 revenue soars on AI and cloud demand
Nebius Group, an AI cloud company, reported its first-quarter 2026 revenue of US$ 399 million, a whopping 684 percent increase from US$ 50.9 million in Q1 2025, as demand for AI infrastructure and cloud services continued to outpace available capacity. The AI cloud company also announced plans for a new AI factory in Pennsylvania, where […]
Blackstone raises US$ 1.75 billion in IPO as BXDC prepares NYSE debut
Blackstone Digital Infrastructure Trust Inc, the world’s largest alternative asset manager, has priced its initial public offering (IPO) at US$ 20 per share, selling 87.5 million shares of common stock, and raising about US$ 1.75 billion. The underwriters have a 30-day option to buy additional shares and if that option is fully exercised, total proceeds […]
VoltaGrid secures US$1 billion investment to augment power infrastructure for data centers
VoltaGrid LLC, an energy management and generation company, has signed agreements for a US$ 1.0 billion strategic equity investment led by funds managed by Blackstone Tactical Opportunities and Halliburton Company. The deal includes a US$ 775 million primary capital raise and a US$ 225 million secondary purchase from existing investors. According to a company press […]