March 26, 2024 Sweden
Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as...
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March 26, 2024 Sweden
Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...
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March 26, 2024 Amazon AWS
Denmark's Danske Bank has signed a multi-year cloud contract with Amazon Web Services (AWS). This will include systems for business, institutional and personal customers, and will see more than 16,000 physical and virtual servers, and 1,000 applications being migrated. Danske Bank said it will...
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March 22, 2024 Amazon AWS
Amazon this week announced that it has signed a Power Purchase Agreement (PPA) with Iberdrola to to procure the output of an offshore wind farm in the UK. The deal is to offtake 159MW from the East Anglia Three offshore wind farm – equivalent to 700GWh of energy annually. Sergio Hernández de...
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March 16, 2024 Amazon AWS
Electronics giant Philips and AWS have partnered for a medical technology project to make digitalized pathology slides available at scale in the cloud. This is an expansion of the existing relationship with both companies, with Philips having selected AWS as its cloud partner seven years ago....
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March 15, 2024 Sydney
Western Sydney International Airport (WSI) has selected CDC Data Centres for its digital tower deployment. WSI will be one of the first in Australia to run a digital air traffic control tower and has partnered with CDC, Frequentis Australasia, and Airservices to develop the system. WSI will...
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March 12, 2024 Sydney
Western Sydney International Airport (WSI) has selected CDC Data Centres for its digital tower deployment. WSI will be one of the first in Australia to run a digital air traffic control tower and has partnered with CDC, Frequentis Australasia, and Airservices to develop the system. WSI will...
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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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