May 24, 2024 Texas
Data center operator Soluna has secured $30 million in funding from Spring Lane Capital to expand its data center in Texas. Soluna said the financing will accommodate approximately 12,700 Bitcoin mining rigs, each with a power consumption of around 3.5kW, totaling 48MW. Soluna has an existing...
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May 24, 2024 Amazon AWS
Amazon Web Services this week announced plans to invest €15.7 billion in Spain into its AWS Europe (Spain) Region. “We are committed to supporting Spain across multiple areas," said Suzana Curic, AWS country manager, Spain and Portugal. "Beyond direct investments and jobs supported, we plan to...
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May 21, 2024 Texas
Ericsson this week revealed it will invest an additional $50 million to expand its four-year-old 5G Smart Factory in Lewisville, Texas, an investment which "will further accelerate local production to address the demand for 5G infrastructure made in the USA, compliant with the Build America Buy...
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May 20, 2024 Amazon AWS
Amazon Web Services (AWS) will invest €7.8 billion ($8.47bn) in its sovereign cloud infrastructure in Germany through 2040. The Sovereign Cloud region will be AWS' first and located in the state of Brandenburg, Germany. It is expected to launch by the end of 2025. “This investment reinforces our...
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May 16, 2024 Washington
BW Digital and PT Telekomunikasi Indonesia International (Telin) have signed a memorandum of understanding in Washington DC this week to team up on constructing the 10,000km Hawaiki Nui 1 cable, which will be part of the wider 26,000km system. The Hawaiki Nui 1 cable will link Australia,...
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May 13, 2024 Amazon AWS
Amazon Web Services (AWS) has been selected to host O2 Telefónica Germany's 5G Standalone (5G SA) network as the telco confirmed that it has launched its 5G Cloud Core, built entirely in the cloud, using technology from vendors Nokia and AWS. “We are building our network of the future. With the...
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May 10, 2024 Atlanta
Atlanta City Councilmen Jason Dozier and Matt Westmoreland have introduced bills to block data center developments around certain areas of the Georgia city near transit stops and the Beltline. “Excited to introduce legislation alongside Matt Westmoreland to address the rapid growth of data...
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May 01, 2024 Amazon AWS
Amazon has revealed plans to develop data centers at a renewable energy business park in County Offaly, Ireland.AWS will become the first business to develop at the Bord na Móna Eco Energy Park in County Offaly, where it will leverage the energy produced by Bord na Móna's renewable developments...
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April 29, 2024 Austin
A hydrogen demonstration facility has launched in Austin, Texas and will help provide power to the Texas Advanced Computing Center (TACC) data center via a fuel cell. The project – located at the University of Texas (UT) J.J. Pickle Research Campus in Austin – is a collaboration between GTI...
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April 29, 2024 Amazon AWS
Amazon Web Services (AWS) is set for an annualized revenue run rate of $100 billion as its first quarter has seen revenue of $25 billion, representing Year-on-Year (YoY) revenue growth of 17.2 percent, up from 13.2 percent in Q4 of 2023. CEO Andy Jassy told investors during the earnings call:...
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April 25, 2024 Amazon AWS
Amazon Web Services has revealed that it is behind a planned data center in Indiana. The state overnor Eric J. Holcomb this week announced plans to invest $11 billion to build a data center campus in north central Indiana – the largest capital investment announcement in Indiana’s history....
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April 24, 2024 California
New cloud company Oxide is deploying its on-premise hardware at CoreSite’s data center in Silicon Valley. It also announced this week that it would ‘leverage colocation solutions’ at CoreSite's Silicon Valley SV2 data center. “The Oxide Cloud Computer empowers developers to build, run, and...
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April 15, 2024 Texas
Samsung Electronics has announced it will invest $40 billion to build a semiconductor cluster across a number of locations in Texas with a $6.4bn in direct funding under the US Chips and Science Act to support the development. The Taylor fabs are expected to be up and running by 2026 and Samsung...
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April 09, 2024 Singapore
Alibaba has revealed that it is now slashing its prices by as much as 59 percent for customers "from the US to Singapore." This comes shortly after the company's March 2024 announcement that it would be cutting cloud costs for its Chinese customers by up to 55 percent with the hope of winning...
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April 08, 2024 Singapore
Singaporean real-estate firm Asia-Pacific Strategic Investments Limited (APS) this week announced plans to acquire a 100 percent stake in Taiwanese sustainable data solutions provider, Mobii Genius Co., Ltd., for US$150 million. “Creating green data processing and storage facilities is of...
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April 05, 2024 Amazon AWS
Amazon Web Services (AWS) has launched a cloud-based rendering service called Deadline Cloud which will enable users to deploy and scale up graphics and handle visual effects (VFX) rendering on AWS cloud infrastructure. This rendering service is aimed at customers in media and entertainment, and...
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April 04, 2024 Indiana
The South Korean chip manufacturer SK Hynix has confirmed earlier reports about building an advanced chip packaging facility in Indiania as it revealed its plans to invest $3.87 billion in the plant which will produce next-generation high bandwidth memory (HBM), the highest-performing Dynamic...
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April 04, 2024 Sweden
Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milestone...
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April 02, 2024 California
Steelmaker Nucor Corporation this week announced that it has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and a data center supplier and launched a new business unit that will help better serve its customers in the data center infrastructure industry. Nucor said SWDP and the...
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April 01, 2024 Amazon AWS
Amazon has invested an additional $2.75 billion in AI startup Anthropic in a deal which marks the second round of funding provided by the cloud and eCommerce giant under a previously agreed plan to invest up to $4bn in the startup. Amazon made an initial investment of $1.25bn for a minority stake...
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