Data Center News

Pimco to Provide $14bn for Oracle Michigan Data Center Project

Oracle

Pacific Investment Management Co. (Pimco) is reportedly in discussions with Bank of America Corp. to provide around $14 billion in debt financing to Related Digital for an Oracle data center in Michigan. According to Bloomberg, citing people familiar with the matter, the funding would position...

Microsoft Commits $1bn to Cloud and AI Infrastructure in Thailand

Microsoft Azure

Microsoft will invest more than $1 billion in cloud and AI infrastructure in Thailand over the next two years, vice chair and president Brad Smith said after a meeting with Thai Prime Minister Anutin Charnvirakul. The investment will be used to expand the company's data center footprint, upski...

$500m Data Center Approved For Construction Outside Indianapolis

Indianapolis

A $500 million data center has been approved in Martindale Brightwood, northeast of Indianapolis, Indiana. The Indianapolis Metropolitan Development Commission approved Metrobloks’ request to rezone a 14-acre site at 2505 North Sherman Drive for the project.The site, vacant since 1983 and form...

BDx Secures $320M Loan for Indonesia Data Center Expansion

BDx Data Centers

APAC operator BDx Data Centers has secured a $320 million loan facility to support its expansion in Indonesia.The financing was led by Bank Permata, BCA, and KB Bank.Bank Permata, BCA, and KB Bank led the financing.The facility will support further development of CGK3, BDx’s AI-focused data ce...

Starcloud Raises $170M Series A for Space Data Centers

Space Data Centres UK

 Space data center company Starcloud has raised $170 million in a Series A round, valuing the firm at $1.1 billion. The round was completed in two tranches, with Benchmark leading the initial raise alongside EQT, and both firms co-leading the extension. Additional investors include Macquarie C...

Aligned Secures $2.58bn Credit Facility for US Data Center Expansion

United States

US operator Aligned Data Centers has secured new financing to support its data center build-out. The company this week today announced the closing of a new $2.58 billion credit facility to support the continued expansion of its US data center portfolio.Backed by insurance firms, pension funds,...

RealVantage Invests in $7million in Minnesota Data Center

Minnesota

 Singapore-based real estate firm RealVantage is entering digital infrastructure, investing $7 million in a 21MW data center in Minneapolis, Minnesota.  The data center was acquired earlier this year by US firm Cloud Capital and Bahrain’s Arcapita, who plan to expand the site to 31MW. “The acq...

Bridge Data Centres in Discussions Over $6bn Loan

Bridge Data Centres

Bridge Data Centres, owned by Bain Capital, is reportedly pursuing a loan of up to $6 billion. Bloomberg, citing people familiar with the matter, said the company is in discussions with lenders to finance its planned expansion in Thailand.The company’s QHI01 data center in Bangkok broke ground...

€1.6B Irish Data Center Proposed in 2019 Finally Approved

United States

A €1.6 billion ($1.8 billion) data center project finally received approval on Friday, March 13, after six years of permitting hurdles and legal challenges. Developer Art Data Centres secured planning permission in 2022, won an appeal in 2024, and successfully defended against a judicial revie...

Bridge Data Centres Plans $2.3B–$4B Investment in Singapore’s Digital Infrastructure

Bridge Data Centres

 Bridge Data Centres plans to invest S$3–5 billion ($2.3–4 billion) in Singapore’s next-generation digital infrastructure.In an announcement, the company said it is “uniquely positioned to support hyperscaler customers and global technology companies seeking high-performance, sustainable and s...

Microsoft and Meta Commit to $50bn in New Data Center Leases in Latest Quarter

Microsoft Azure

Microsoft and Meta have each committed around $50 billion to additional data center leases in the latest quarter. According to Bloomberg, citing an analysis of quarterly filings, the new deals push total future data center lease commitments by cloud companies and hyperscalers to more than $700...

Nscale Raises $2bn in Series C Funding at $14.6bn Valuation

UK-based AI cloud Nscale has raised $2bn in its Series C funding round. The funding round, which the company claims to be the largest of its kind in European history, was led by established partner Aker ASA and 8090 Industries, with participation from Astra Capital Management, Citadel, Dell, J...

Karatzis Group Plans €240M Data Center Project in Boeotia, Greece

Greece

Greek multinational Karatzis Group is planning a €240 million ($278 million) data center investment in the Boeotia region, according to real estate news outlet eRed. Headquartered in Crete, the company is best known for manufacturing plastic netting for the agricultural, packaging, and constru...

AWS Behind Plans for $750M Data Center in Clinton, Mississippi

Amazon AWS

Amazon Web Services (AWS) is reportedly planning a $750 million data center project in Clinton, Mississippi. While the company has not been officially confirmed, WLBT3 reports that a quitclaim deed shows Amazon acquired the 99-acre site on February 13.The data center will be located at 1001 In...

HighBrook Closes First Data Center Fund Targeting 300MW in Virginia

Virginia

 Private equity firm HighBrook Investors has closed its first US data center fund, securing $266 million in total commitments. The launch of the fund was first reported last year. HighBrook said the fund saw contributions from existing investors alongside new institutions, including leading en...

Elon Musk’s xAI to Spend $659M on New Memphis Data Center Facility

xAI

Elon Musk’s xAI is significantly expanding its "Digital Delta" footprint. As of March 2026, the company has filed a $659 million building permit for a new 312,000-square-foot facility at 5414 Tulane Road in Memphis.This latest development is part of an aggressive scaling strategy to push the C...

atNorth sold to Equinix and CPP Investments in $4.2bn deal

Nordic data center firm atNorth is set to be acquired by Equinix and the Canada Pension Plan Investment Board (CPP) in a $4.2 billion deal. Current owner Partners Group said on Friday it had agreed a deal to sell atNorth in a transaction with an enterprise value of $4 billion.News that Equinix...

Amazon to Invest €33.7bn in Data Centers in Aragon, Spain

Amazon Web Services (AWS) plans to invest an additional €18 billion ($21bn) in Spain, bringing its total data center infrastructure investment in Aragon to €33.7bn ($39.5bn). At MWC26 in Barcelona, the company announced the new buildout, which includes new facilities in the three Aragon provin...

Nvidia Posts Record Quarterly Data Center Revenue of $62.3 billion, Marking a 75% Year-over-year Increase

NVIDIA

Revenue was up 20 percent from the previous quarter and 73 percent on the same period last year. Data center specific revenue hit $62.3bn, up 22 percent from Q3 and up 75 percent from a year ago. For the full fiscal year 2026, revenue totaled $215.9 billion, representing a 65% increase year ov...

PJM Greenlights $11.8bn Transmission Expansion as Data Center Growth Surges

Virginia

 US’ largest grid operator, PJM Interconnection, has approved an $11.8 billion transmission expansion plan to keep up with surging data center connection requests across its footprint. The Regional Transmission Operator (RTO) serves all or parts of 15 states across the East Coast and South of ...