Data Center News

AWS on track for annualized revenue run rate of $100 billion

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: "...

April 29, 2024

Amazon AWS

AWS announces new campus in Indiana

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.“Indi...

April 25, 2024

Amazon AWS

Oxide deploys hardware on CoreSite data center in 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 ope...

April 24, 2024

California

Alibaba extends cloud price cut to international customers

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 winnin...

April 09, 2024

Singapore

Asia-Pacific plans new data center acquisitions

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 par...

April 08, 2024

Singapore

Amazon launches Deadline Cloud

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, a...

April 05, 2024

Amazon AWS

Telia Company completes sale of Danish business unit

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 milesto...

April 04, 2024

Sweden

Nucor Corporation launches data center infrastructure unit

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 ...

April 02, 2024

California

Amazon invests additional $2.75 billion in AI startup Anthropic

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 st...

April 01, 2024

Amazon AWS

Ericsson begins further layoffs in 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 red...

March 26, 2024

Sweden

Intelsat signs deal to lease capacity on Eutelsat’s OneWeb satellites

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...

March 26, 2024

Sweden

Danske Bank signs new cloud agreement with Amazon

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...

March 26, 2024

Amazon AWS

Amazon signs new wind PPA in the UK

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...

March 22, 2024

Amazon AWS

Philips and AWS partner for medical technology project

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. ...

March 16, 2024

Amazon AWS

WSI selects CDC Data Centres for digital tower deployment

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 de...

March 15, 2024

Sydney

WSI selects CDC Data Centres for digital tower deployment

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 de...

March 12, 2024

Sydney

Wex Inc. completes primary cloud migration

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 mi...

March 06, 2024

Amazon AWS

Amazon acquires Talen’s data center campus in Pennysylvania

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, rel...

March 06, 2024

Amazon AWS

Telkom Indonesia consolidates Singapore data centers

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 ...

March 05, 2024

Singapore

Grop acquired Definitive Intelligence to support newly formed unit

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-de...

March 04, 2024

California

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