Reliance Jio Infocomm Chairman Akash Ambani, on October 15, presented two suggestions for the kind consideration of the Prime Minister. He requested that India, under the leadership of Prime Minister Narendra Modi, urgently embrace AI. He also urged the Indian government to expedite the updating of the 2020 draft of … Read More
US data center operator DC Blox has secured new equity investment and a green loan. This week, the company announced that it raised additional equity capital from both existing and new investors, led by Post Road Group and Bain Capital Credit. The funding will support the deployment of over USD … Read More
Italian cloud and data center operator Aruba has unveiled its new hyperscale data center campus in Rome. Covering an area of 74,000 square meters within the Tecnopolo Tiburtino technical center, the Hyper Cloud Data Center (IT4) is the largest data center campus in Rome and the first Rating 4 ANSI/TIA … Read More
Mapletree Industrial Trust Management (MIT) has announced the acquisition of a mixed-use facility in Tokyo, Japan, for JPY 14.5 billion (approximately SGD 129.8 million). The property, located in Tama-shi, includes a data center, back office, training facilities, and an adjacent accommodation wing, with an effective interest of 98.47 percent acquired … Read More
Data centre company Equinix has signed a joint venture (JV) agreement with GIC and the Canada Pension Plan Investment Board (CPP Investments) to raise over USD 15 billion in capital. The JV aims to significantly expand Equinix’s xScale data center portfolio, which caters to hyperscale cloud and artificial intelligence (AI) … Read More
Telehouse International Corporation of Europe has announced the opening of two additional floors at its Telehouse South data center in London Docklands, enhancing its capacity by offering up to 2.7 MW of peak IT load on each of the sixth and seventh floors, starting this month. This expansion responds to … Read More
The Adani Group is reportedly accelerating its USD 4 billion investment plan aimed at expanding its data center business. This decision comes in response to a surge in demand from technology giants observed over the last six months, particularly due to rising power constraints associated with AI-driven services. The move … Read More
Raxio Group has opened its fifth data center, Raxio Cote d’Ivoire (CIV1), in Abidjan, marking its entry into West Africa. The company says CIV1 is the country’s first Tier III-certified, carrier-neutral, and cloud-neutral facility, capable of housing 800 racks and delivering 3 MW of IT power. The data center will … Read More
Ooredoo Group has announced a QAR 2 billion financing deal to expand capacity at its data centers, modernise them and accelerate its AI business. The 10-year hybrid facility, signed with QNB, Doha Bank, and Masraf Al Rayan, is the largest tech-sector transaction in Qatar’s history, Ooredoo Group said in an … Read More
EQT Infrastructure has agreed to sell a minority stake in data center operator EdgeConneX to funds managed by investment firm Sixth Street. EQT Infrastructure, which first invested in EdgeConneX in 2020, will remain the largest shareholder after the deal closes, expected in Q4 2024. Also Read: EdgeConneX Secures USD 1.9 … Read More
UK’s Virgin Media O2 said data centre optimisation software provider EkkoSense has worked with the company to help achieve significant energy savings, cutting data centre cooling costs by over GBP 1 million annually. EkkoSense’s AI-driven software has enabled a 15 percent reduction in cooling energy, equivalent to 760 tonnes of … Read More
BT Group, Equinix, and Toshiba have announced what they claim is the UK’s first quantum-secure connectivity service at two Equinix data centers in London’s Canary Wharf and Slough. These data centers will offer customers access to BT Group and Toshiba’s quantum-secured metro network and trial the transmission of data protected … Read More
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