News

Equinix has signed a Power Purchase Agreement (PPA) with Sembcorp Power for 58.5MW of power which is tol be delivered from a solar installation on 60 hectares of vacant land and the rooftops of five JTC Corporation buildings, including the Jurong Rock Caverns above-ground facilities and Jurong...

Amazon Web Services (AWS) is launching EC2 instances featuring the latest Nvidia GPUs and Trainium chips. At this week's Re:Invent event in Las Vegas, the cloud giant revealed plans for its Trainium3 chip after unveiling the EC2 during a keynote speech by CEO Matt Garman. Garman revealed three...

Swedish Edge data center firm T.Loop has appointed Helena Fagraeus Lundström as its new CEO. Lundström was most recently at solar developer Solkompaniet, where she was chief strategy office and then business unit director for land development. Prior to that, she had held roles at Swedish boat ...

Telia Company has confirmed that it has finalized its planned organizational restructure, resulting in 3,000 jobs being cut. Telia said the cuts will deliver annual savings of 2.6 billion Swedish crowns ($236 million), equating to around 15 percent of its workforce. “We are creating a Telia fi...

Chinese data center operator Vnet is setting up a data center investment fund with Chinese insurance company Dajia. The fund will be jointly operated by Vnet and Dajia subsidiary Dajia Investment Holding Company and will make its first investment in Vnet’s Taicang IDC campus in the Jiangsu pro...

A limited preview of Oracle Database@AWS is now available from the Amazon Web Services (AWS) US East Region which will make its customers able to run Oracle Exadata Database Service on Oracle Cloud Infrastructure (OCI) inside AWS.“Up until now, it has been impossible to replicate the performan...

African data center operator Raxio has appointed Robert Skjødt as CEO, to replace Robert Mullins, who will remain an advisor for an unspecified transition period. Mullins has been at the helm of the company for five years. Skjødt previously held leadership roles in global energy, renewables, a...

Intel’s CEO Pat Gelsinger has announced his retirement from the company effective December 1 and has also stepped down from the company’s board of directors. Intel has named CFO David Zinsner and Intel Products CEO Michelle (MJ) Johnston Holthaus, as interim co-CEOs until Gelsinger’s replaceme...

The UK's British Broadcasting Corporation (BBC) is undergoing a cloud migration as it revealed plans to move its IT systems including finance, HR, and procurement to RISE with SAP on Amazon Web Services (AWS). The BBC hopes that moving its IT systems to the cloud will be more cost-effective th...

Mercury delivers Equinix's FR13 data center in Frankfurt, Germany. Located within Equinix’s Frankfurt North-East campus, the facility spans 5,295 sqm (57,000 sq ft) with a total capacity of 7.75MW across two data halls on three floors. “The expansion of our North-East campus with FR13 is key t...

Indiana Michigan Power (I&M) has reached an agreement with the Indiana Office of Utility Consumer Counselor, Citizens Action Coalition of Indiana, Amazon Data Services, Google, Microsoft, and the Data Center Coalition outlining the terms for connecting new large loads to the Indiana grid.A...

Gcore and Qareeb Data Centres have signed a memorandum of understanding (MoU) for digital infrastructure in the Gulf Cooperation Council (GCC). Gcore's artificial intelligence (AI), cloud, and Edge products will be integrated with Qareeb's data center platform, as part of plans to meet growing...

Core Scientific plans to refurbish its data center in Denton, Texas, turning it from a crypto facility into an AI site, spending as much as $6.1 billion on the new campus, the Denton City Council said, with a planned launch in 2027.  As part of the deal, the City of Denton will lease 78.85 acr...

Spectro Cloud has secured $75 million in a Series C funding round. The management company announced earlier this month that it had closed the funding round led by Growth Equity at Goldman Sachs Alternatives, along with participation from existing investors. The funding will be used to aid prod...

Health technology company Royal Philips has expanded its partnership with Amazon Web Services. Philips' integrated diagnostics portfolio in the cloud will be expanded including radiology, digital pathology, cardiology, and AI-advanced visualized solutions.“The collaboration between Philips and...

Telenor Sweden CEO Bjørn Ivar Moen has announced he will step down as CEO at the end of this year, and the hunt for a successor has already begun, as confirmed by the company in a statement. "All good things eventually come to an end," said Moen on LinkedIn this week. "Today, we announced that...

European operator Portus Data Centers this week announced the expansion of its facility in the Grand Duchy with a further 1,350 sqm of white space and additional capacity that will take the site to 3.4MW. The company is also rebranding the unit, previously known as European Data Hub (EDH), to ...

Quantum computing company Rigetti has raised $100 million through the sale of common stock, as part of its “at-the-market” equity offering program which will be used for working capital, capital expenditures, and other general corporate purposes. “We are pleased to see the enthusiasm for the q...

Meta has signed a maritime fuel offtake agreement with Danish shipping company Norden to acquire carbon offset credits. The emission solution works by burning biofuel on a Norden-operated vessel, with the emission reduction subsequently allocated to Meta using a book and claim chain of custody...

Google is to invest in two subsea cables connecting Australia and Christmas Island as a part of its Australia Connect Initiative. It will deliver two new subsea cables to Australia, improving reliability, resilience, and reach of digital connectivity, said the tech giant.Belle Lajoie, co-CEO o...