Data Center

Home
Data Center

Kripa B January 15th, 2025 8:21 PM 0 COMMENTS

Macquarie to Invest Up to USD 5 Billion in Applied Digital’s AI Data Centers

Applied Digital Corporation (Applied Digital) said it has entered into an agreement with Macquarie Asset Management (MAM) for funding of up to USD 5 billion to enable high performance computing (HPC) growth. The financing will accelerate the development of Applied Digital's data center projects, including the 400 MW Ellendale HPC Campus. Also Read: Rakuten Mobile to Raise Up to USD 2 Billion with Macquarie-Led Consortium Key Terms of the Financing... Read More

Srikapardhi January 8th, 2025 9:45 PM 0 COMMENTS

STC Group Completes 1 Tbps Data Centre Connectivity Trial on 850 Km Network

STC Group and Nokia said they have concluded the first-ever 1 Tbps long-haul field trial in the Middle East and Africa (MEA) region. The trial was conducted on STC's live Dense Wavelength Division Multiplexing (DWDM) terrestrial network and showcased the capabilities of Nokia's sixth-generation Photonic Service Engine (PSE-6s) to deliver high-capacity connectivity for data centers. Also Read: Stc Group and Bell Labs Trial Generative AI for Faster Service Provisioning 1... Read More

Srikapardhi January 6th, 2025 12:27 PM 0 COMMENTS

Digital Edge Raises Over USD 1.6 Billion to Drive APAC Data Center Expansion

Singapore-headquartered data centre company Digital Edge announced on Monday that it has raised over USD 1.6 billion in new capital through a combination of equity and debt financing to fund its next phase of growth. The capital raise includes approximately USD 640 million of equity investment from both existing and new investors as well as USD 1 billion of total debt financing across multiple campus expansions. Also Read: Digital Edge... Read More

Srikapardhi December 24th, 2024 7:17 PM 0 COMMENTS

Equinix to Acquire BT’s Datacentre Business in Ireland for EUR 59 Million

BT Group Plc has agreed to sell its data centre business in Ireland to Equinix for EUR 59 million. The deal, which includes two carrier-neutral facilities in CityWest and Ballycoolin, Dublin, will see the facilities, totalling 150,000 square feet, become part of Equinix's network of data centres. The transaction is expected to be completed during the first half of 2025, subject to competition and regulatory clearance, BT Group and Equinix... Read More

Kripa B December 20th, 2024 3:05 PM 0 COMMENTS

STT GDC India Partners with UP Government to Develop AI City Project

Data centre solutions provider ST Telemedia Global Data Centres India (STT GDC India) has signed an MoU with the Uttar Pradesh Government to develop the country's first AI City. "The initiative places a significant focus on fostering a robust AI ecosystem through the establishment and optimisation of cutting-edge data centres and computing infrastructure," STT GDC India said in a statement on Wednesday, December 18. Also Read: STT GDC Commits USD... Read More

Srikapardhi December 20th, 2024 11:30 AM 0 COMMENTS

Swisscom Expands Data Centre Capacity in Western Switzerland with Bonvillars Acquisition

Switzerland's telecommunications company Swisscom has expanded its data centre capacity in Western Switzerland with the acquisition of Philip Morris Products SA's Bonvillars facility, located near Yverdon-les-Bains. According to the Swiss telecom operator, this new data centre addition enables Swisscom to meet the demand for colocation services and offers businesses an additional option for their IT needs. Also Read: Swisscom Launches Swiss AI Platform for Businesses in Switzerland Bonvillars data centre... Read More

Srikapardhi December 18th, 2024 5:52 PM 0 COMMENTS

Lumen to Connect Prometheus Data Centers Across US to Support AI Growth

Lumen Technologies announced on Tuesday that it will provide advanced network services to US sustainable data centre specialist Prometheus Hyperscale (formerly Wyoming Hyperscale) to meet growing AI data demands. The deal will enable Prometheus to access Lumen's Private Connectivity Fabric platform, which includes the latest wavelength services and Dedicated Internet Access (DIA) with Distributed Denial of Service (DDoS) protection, to enhance capacity across multiple facilities. Also Read: Meta and Lumen... Read More

Srikapardhi December 13th, 2024 9:31 AM 0 COMMENTS

Yondr Group Expands to Canada with Toronto Data Center

Yondr Group, hyperscale data center developer, has secured a 4.5-acre site in Toronto to develop its first Canadian facility. The three-story, 27MW data center is set to partially go online by mid-2026 and will deliver its initial megawatts. Construction is scheduled to begin early next year. Also Read: Google, Intersect Power and TPG Rise Climate Partner to Power AI Data Centers with Clean Energy Yondr Enters Canadian Market The project... Read More

Srikapardhi December 11th, 2024 2:06 PM 0 COMMENTS

Google, Intersect Power and TPG Rise Climate Partner to Power AI Data Centers with Clean Energy

Google has teamed up with Intersect Power (Intersect) and TPG Rise Climate to synchronise the development of data centers with clean energy generation, accelerating the transition to a carbon-free future for AI. The strategic partnership aims to provide scaled renewable power and storage solutions to new data centers. "The tri-party partnership brings a new approach that can enable US leadership in AI development," said Ruth Porat, President and Chief Investment... Read More

Kripa B December 5th, 2024 6:43 PM 0 COMMENTS

Akash Systems Signs USD 27 Million Deal with NxtGen for Diamond Cooled AI Servers

Akash Systems has signed a USD 27 million (Rs 225 crores) contract with NxtGen Datacenter and Cloud Technologies, India's largest sovereign cloud provider, to supply its Diamond Cooled servers for data centers across India. "The collaboration will position NxtGen as the world's most energy-efficient AI compute solutions provider by using Nvidia and AMD GPUs that are Diamond Cooled by Akash. The new servers will support NxtGen's mission to provide energy-efficient... Read More

Kripa B December 5th, 2024 10:52 AM 0 COMMENTS

Meta Announces USD 10 Billion AI Data Center in Louisiana

Facebook-parent Meta, in partnership with Louisiana Economic Development (LED), has announced plans for a USD 10 billion artificial intelligence (AI) data center in Richland Parish, Louisiana. Spanning 4 million square feet on 2,250 acres, the facility will be the Meta's largest in the world. Construction is slated to begin this month and will continue through 2030. Also Read: Meta Plans USD 10 Billion Subsea Cable to Manage Global Data Traffic:... Read More

Srikapardhi November 22nd, 2024 1:06 PM 0 COMMENTS

Proximus Group Sells Luxembourg Tower Assets to InfraRed for EUR 108 Million

Proximus Group has signed a binding agreement to sell 100 percent of Proximus Luxembourg Infrastructure (PLI) to InfraRed Capital Partners (InfraRed) for EUR 108 million, including cash on the balance sheet. The sale includes 267 mobile tower assets in Luxembourg, marking a key step in Proximus' divestment strategy to optimise its asset base and reinvest in growth areas, the company announced on Friday. Also Read: Verizon Strikes USD 3.3 Billion... Read More