March 06, 2024 Amazon AWS
Global payment processing company Wex Inc. has completed its primary could migration with the full migration of the benefits segment in its annual report. The report did not disclse the cloud provider it moved to. However, the company in 2021 announced that it was entering into a multiyear...
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March 06, 2024 Amazon AWS
Amazon Web Services has acquired Talen Energy’s 960MW Cumulusdata center campus at a nuclear power station in Pennsylvania. According to the investor presentation, Talen sold the site and assets of Cumulus Data for $650 million. The deal comprises $350 million at close and $300m escrowed,...
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March 05, 2024 Singapore
Telkom Indonesia has consolidated its Singapore data centers under one umbrella unit ahead of a potential sale. The company wrote on LinkedIn that this marks a “significant milestone in our journey toward becoming a regional powerhouse in the data center industry,” “The rationale behind this...
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March 04, 2024 California
AI chip startup Groq has acquired Definitive Intelligence for an undisclosed sum to support its newly formed GroqCloud unit, which Definitive Intelligence co-founder and CEO Sunny Madra will lead. GroqCloud is a cloud platform that provides Groq hardware documentation, code samples, and on-demand...
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February 27, 2024 South Korea
Korean telco SK Telecom (SKT) is teaming up with liquid cooling specialist Iceotope and lubricant developer SK Enmove to design a new liquid cooling solution for AI data centers. The companies will collaborate to deploy precision liquid cooling (PLC) using SK Enmove’s thermal fluid at SKT’s AI...
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February 27, 2024 Amazon AWS
NTT Docomo has chosen Amazon Web Services to support the commercial deployment of its 5G Open RAN network in Japan. The company will use AWS to deploy Amazon Elastic Kubernetes Service Anywhere (Amazon EKS Anywhere), a container management software, at its 5G Open RAN. “Our philosophy at NTT...
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February 27, 2024 Singapore
Empyrion DC, a Singapore-based data center operator, has secured a green loan worth S$133 million (US$98 million) to refinance its SG1 Dodid data center in Singapore, with proceeds used to “support existing operations” at the 12.5MW facility. This financing was provided by the UOB bank. Mark...
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February 22, 2024 Amazon AWS
Public cloud data backup and recovery provider Clumio has raised $75m in a Series D round of funding led by Sutter Hill Ventures. Existing investors Index Ventures and Altimeter Capital, as well as new investor NewView Capital also participated in this round of funding. “Few markets are as big as...
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February 21, 2024 California
Satellite ground station startup Northwood Space, a company led by a former Disney actor, has raised more than $6 million in seed funding. This company is led by Bridgit Mendler, an actress and singer who was once a regular on the Disney Channel. She launched this startup with her husband last...
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February 16, 2024 Amazon AWS
Fuel cell provider Bloom Energy has added the ability to follow loads to its fuel towers to enable better adjustment to variable demand and supply in microgrids and utilities.This new offering can be used by data center providers and others on microgrids, and also by the utility, who may use fuel...
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February 15, 2024 California
California-based company Edge computing orchestration startup Zededa last week announced the closing of the Series C round, led by Smith Point Capital which was founded by former Salesforce Co-CEO Keith Block. The company raised $72 million in its latest funding round which will see the company...
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February 14, 2024 Sydney
Quantum computing startup Diraq has raised $15 million in a Series 2-A funding round led by specialist investor Quantonation, a venture capital fund dedicated to quantum technologies, with participation from Higgins Family Investments and the University of New South Wales, Sydney. This latest...
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February 13, 2024 Amazon AWS
Amazon has signed a new power purchase agreement to procure the output of a wind farm from Avangrid, Inc., part of the Iberdrola Group. Avangrid, Inc., part of the Iberdrola Group. “We are proud to have signed this agreement with Amazon, a company that shares our commitment to accelerating the...
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February 09, 2024 Singapore
Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to...
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January 06, 2024 Amazon AWS
In a recent development, Virginia's King George County Board of Supervisors voted to renegotiate the performance agreement with Amazon. This agreement is for the facility's first phase at the old Birchwood power plant on State Route 3 near Sealston. Following the existing agreement, Amazon would...
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December 27, 2023 California
Intel has announced its plans to lay off 311 employees across two Californian campuses. This marks the second round of job cuts carried out by the company in California this year. Two separate "worker adjustment and retraining notifications" (WARNs) filed with the State of California’s Employment...
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December 23, 2023 Amazon AWS
Amazon founder Jeff Bezos has provided a few more details about Blue Origin's plans to put compute in space, which was first announced in October. Bezos explained on the Lex Fridman podcast that the 'Blue Ring' project, aims to provide multiple services to space customers. He said, "Blue Ring is...
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December 22, 2023 Singapore
Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Agency...
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December 16, 2023 Washington
Washington-based Edge computing firm Armada has announced that it recently raised $55 million for its Edge computing modules and management platform. The funds was raised from investors including Founders Fund, Lux Capital, Shield Capital, and 8090 Industries, with participation from Felicis,...
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December 14, 2023 Singapore
Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, wind,...
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