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Data Centre Developer Sues New Jersey Town for $300m

Data centre developer Hexa Builders is seeking $300 million in damages from Monroe Township, New Jersey, after officials rejected its proposed 1 million sq ft data centre in May. The lawsuit, filed in New Jersey Superior Court, alleges the township council and planning board violated multiple constitutional rights, including zoning authority, fundamental fairness, and First and Fourteenth Amendment protections. Hexa argues the application was rejected because of the township’s opposition t...

August 01, 2026

Posted by: Abdul-Rahman Oladimeji

New Jersey

NextDC Expands Debt Facility by AU$1.3 billion

Australian data center firm NextDC this week announced that, following the successful completion of general syndication, it has secured new senior debt facilities totaling AU$3.5 billion (US$2.28bn).NextDC CEO and MD, Craig Scroggie, said: "In light of recent record contract wins that are acce...

August 15, 2025

NEXTDC

Digital Alpha Invests $300m in GPUaaS Massed Compute

GPU-as-a-Service (GPUaaS) provider Massed Compute has received $300 million in investment from Digital Alpha which will be used to expand Massed Compute's AI cloud infrastructure footprint, including the purchase of Nvidia GPUs.“Massed Compute is purpose-built to meet the demands of modern AI-...

August 15, 2025

United States

Rogers Sells Data Center Business to InfraRed Capital

Canadian telecoms firm Rogers this week announced it has entered into a definitive agreement to acquire Rogers Communications’ data center business, on behalf of InfraRed’s value-add strategy. Rogers said it will continue to sell data center services on behalf of InfraRed and will provide netw...

August 14, 2025

Canada

DC Blox Secures $1.15bn Green Loan for Atlanta Data Center

US data center firm DC Blox this week announced it has closed $1.15 billion in green loan financing for the construction of a data center campus in Douglas County, Georgia. The funds will support the development of a 120MW data center and include campus expansion to support an additional 80MW,...

August 13, 2025

DC BLOX

Goodman Secures Financing from Aareal Bank

Germany’s Aareal Bank is moving into providing financing to data center customers and has entered into its first financing transaction in the data center asset class in July 2025 with Goodman Group."Frankfurt is Europe's largest Internet node, with a data transfer rate of more than 18 terabits...

August 13, 2025

United States

Zero Two Invests in APAC Data Center Firm Evolution

Zero Two has invested in Evolution, taking a co-controlling position alongside Warburg Pincus. Terms of the deal were not shared, though reports from Mingtiandi puts the figure at $325 million.Darren Webb, CEO and co-founder of Evolution Data Centres, said: “We are absolutely delighted to welc...

August 13, 2025

Abu Dhabi

Microsoft Signs $236.4m Deal with Maybank

Malaysian financial group Maybank has selected Microsoft Azure as one of its main cloud platforms in a five-year agreement. Valued at RM1 billion ($236.4m), the contract will see Maybank using Microsoft Azure for some of its "most strategic systems, functions, and data workloads."Dato’ Sri Kha...

August 12, 2025

Microsoft Azure

Spark Sells Majority Stake in Data Center Business

Kiwi telco Spark New Zealand this week announced it has entered into an agreement to sell a 75 percent interest in its data center business to Pacific Equity Partners (PEP). The transaction values the business at up to NZ$705 million (US$417.6m), with Spark receiving NZ$486m (US$288m) upon com...

August 11, 2025

New Zealand

AWS to Provide up to $1bn in Cloud Discounts

The US General Services Administration (GSA) has signed another discount deal with a cloud provider, Amazon which will see Amazon Web Services (AWS) providing the GSA with up to $1 billion in savings for cloud adoption, modernization, and training across US federal agencies through to the end ...

August 09, 2025

Amazon AWS

Core Scientific's Largest Shareholder Opposes CoreWeave Acquisition

Core Scientific's largest shareholder, Two Seas Capital LP, has announced its opposition to the $9bn acquisition proposed by CoreWeave. The alternative investment manager shared its dissatisfaction with the terms proposed on July 7, which would see AI cloud firm CoreWeave acquiring developer C...

August 08, 2025

Core Scientific

Galaxy Data Center to Invest $2bn in Data Centers in Thailand

China's Galaxy Data Center (GDC) has announced that it will invest $2bn in data centers in Thailand after the “Prime Minister meets investors: Confidence in Thailand’s future” investor forum held in Thailand at the Government House’s Peace and Friendship Building.Feng Hui, the founder of GDC, ...

August 07, 2025

Thailand / Prathet Thai

Apollo to Acquire Stream Data Centers

US data center firm Stream will be acquired by Apollo Global Management following announcement that Apollo-managed funds have agreed to acquire a majority interest in Stream Data Centers (SDC) from Stream Realty Partners, a commercial real estate firm.Apollo said it is set to potentially deplo...

August 07, 2025

Stream Data Centers

Fal Raises $125m in Series C Funding Round

Artificial intelligence infrastructure provider and video, image, and audio provider Fal has raised $125 million and has closed its Series C round, which saw the company valued at $1.5 billion.Posting to LinkedIn, Fal wrote: “Fal’s Generative Media Cloud now powers tens of thousands of applica...

August 06, 2025

United States

YPlasma Secures $2.5 Million for Plasma-Based Cooling Technology

Spanish startup YPlasma has secured $2.5 million in seed funding to further develop its fanless plasma-based cooling technology in a round led by deep tech venture capital firm Faber, with participation from global VC firm SOSV. The funding will support the expansion of YPlasma’s research and ...

August 05, 2025

Spain

Vermaland Plans $33bn Data Center in Arizona

Land developer Vermaland is planning a $33bn data center in Arizona dubbed the La Osa Project. The potential facility would be located in Pinal County on a 3,300-acre site south of Eloy, which is a city in between Phoenix and Tucson. The land parcel is located along the Greene Canal.Once devel...

August 04, 2025

Arizona

AWS Achieves $123bn Annualized Revenue Run Rate

Amazon Web Services (AWS) has achieved an annualized revenue run rate of more than $123 billion, CEO Andy Jassy revealed in the company's Q2 2025 earnings call.The cloud unit saw a revenue of $30.9bn for the quarter, up 17.5 percent year over year (YoY) and more than the previous quarter's $29...

August 02, 2025

Amazon AWS

eStruxture Secures US$1 Billion in Data Center ABS Financing

eStruxture Data Centers this week announced CA$1.35bn (US$967.9m) in financing to fund the development of AI-ready data centers across Canada. The financing includes the first rated, Canadian asset-only data center securitization, raising a total of C$750m (US$542.8m) from its inaugural issuan...

August 01, 2025

Canada

Arjun Infrastructure Buys Stake in Data4

European data center firm Data4 this week announced Arjun Infrastructure Partners has acquired a stake in a stabilised data center portfolio (aka StableCo) operated by Data4 and featuring facilities in France, Spain, and Italy.Arjun secured a 30 percent stake in the StableCo portfolio, which c...

August 01, 2025

DATA4 Group

Apple to Increase AI Investments

Apple is planning to increase its investment in AI infrastructure as CEO Tim Cook and CFO Kevan Parekh recently told analysts that they expect capex to grow "substantially." The spending will, in a large part, be driven by the company's focus on AI, with Parekh stating that this will see the c...

July 31, 2025

United States

PDG Secures $160m Green Loan for Mumbai Data Center

APAC data center firm Princeton Digital Group (PDG) this week announced it has secured $160 million in green loans for its MU1 data center campus in Navi Mumbai, India. The financing, provided by local financial firms Axis Bank, Kotak Mahindra Bank, and Canara Bank, will be used to fund the co...

July 31, 2025

Princeton Digital Group

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