Data Center News

CyrusOne breaks ground on Frankfurt data center

CyrusOne has broken ground on a data center in Frankfurt, Germany known as FRA7. This data center , is currently being constructed on a 63,000 square meter plot at the Frankfurt Westside regeneration project managed by BEOS AG and Swiss Life Asset Managers and is set to consist of two three-st...

July 20, 2024

CyrusOne

Microsoft invests in rare earth materials startup

Microsoft has made an equity investment in a rare earth materials startup focused on recycling hard drives, Canada’s Cyclic Materials, a metals recycling company that has developed a patent-pending technology, CC360.“Microsoft is working to achieve zero waste across our direct operations, p...

July 19, 2024

Microsoft Azure

Google signs new digital infrastructure and cloud computing MoU

Google has signed a memorandum of understanding (MoU) with the Government of Romania and the company for ‘projects in digital infrastructure, innovation, and research.’ Local press has also reported that Google is in negotiations to invest $2 billion in developing data centers in the country....

July 18, 2024

Google

CyrusOne secures $687.1m CMBS loan for data center development

CyrusOne this week announced it secured a $687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data center. This data center offers 90MW across 670,000 square feet of technical space and seven data halls and the site was upgraded to water-free chillers in 2020. Er...

July 18, 2024

CyrusOne

Armada secures equity funding from Microsoft

Edge computing firm Armada has closed $40 million in funding led by M12, Microsoft’s venture fund. As part of the deal, Armada’s offerings will be made available on the Azure Marketplace.“This investment propels our total funding to over $100m and marks a significant milestone in our journey t...

July 12, 2024

Microsoft Azure

CyrusOne secures billion dollar credit facility for data center expansion

Data center firm CyrusOne this week announced the closing of a $7.9 billion Warehouse Credit Facility incremental to the $1.8 billion Revolving Credit Facility financing completed in May, providing the company with approximately $9.7 billion of additional debt capital raised.“The successful cl...

July 09, 2024

CyrusOne

Ericsson to book impairment charge for Vonage acquisition

Ericsson has confirmed that it will record a noncash impairment charge of 11.4 billion Swedish crowns, which reflects lower anticipated market growth in some of Vonage’s current portfolio."We continue to advance our strategy to build a Global Network Platform for network APIs, which was the st...

July 05, 2024

Equinix

Microsoft partners with CCL for New Zealand cloud region

Microsoft has announced that CCL, a provider of IT and hybrid cloud services within local telco Spark's Business Group, will be its first at-scale cloud launch partner for the upcoming New Zealand cloud region.“We’ve seen huge interest from customers in leading end-to-end cloud services, hyper...

July 04, 2024

Microsoft Azure

Exa Infrastructure and Socar Fiber form new partnership terrestrial cable development

Exa Infrastructure and Socar Fiber have partnered to develop a new 1,850km terrestrial cable which will will span the breadth of Turkey (officially Türkiye), with the potential to run along the Iraq border as an alternative to subsea cables in the Red Sea corridor.Steve Roberts, senior vice pr...

July 04, 2024

EXA Infrastructure

Google signs new wind PPAs in Belgium

Google has signed five new Power Purchase Agreements (PPAs) totaling more than 118MW to procure wind energy in Belgium from Engie. Google will procure another 92MW from a Belgian wind farm in operation for eight years.Vincent Verbeke, CEO of Engie Belgium, said: “We are pleased to partner with...

July 03, 2024

Google

Google signs new power supply deal with Nevada Energy

Google has signed a new type of power supply deal with Nevada utility company NV Energy. Dubbed a “clean transition tariff," it will see NV Energy procure 115MW of renewable energy from a geothermal power plant run by Fervo Energy.In a joint blog post on the deal, Amanda Peterson Corio, Google...

June 14, 2024

Google

Microsoft signs 420MW worth of PPAs

Microsoft has signed a number of Power Purchase Agreements (PPAs) to procure renewable energy in Sweden and Denmark from European Energy. It will procure the output of six wind and solar sites in Spain from Repsol.“We are excited that Microsoft has committed itself to driving forward the green...

June 13, 2024

Microsoft Azure

Fintech executives express concerns about increasing reliance on AI

Fintech executives are concerned about the rise of artificial intelligence (AI) increasing banks' reliance on the big US tech firms. At a gathering in Amsterdam last week, some executives suggested that the sector will increasingly have to turn to the likes of Google Cloud Platform, Amazon Web...

June 12, 2024

Amsterdam

Microsoft plans new data center in Northwest Indiana

Microsoft has revealed its plans to build a 245,000-square-foot data center on 489 acres at the Radius Industrial Park in La Porte with a $1 billion investment.“Indiana is committed to being a central hub in the global economy of the future, and this latest announcement ensures Hoosier communi...

June 08, 2024

Microsoft Azure

Equinix announces second data center in Lisbon, Portugal

Equinix this week announced plans for LS2, a new International Business Exchange (IBX) facility to be located adjacent to Equinix's existing LS1 site. This €50 million project due to open in the first quarter of 2025 will offer 2,050 square meters of colocation space.Carlos Paulino, managing...

June 05, 2024

Equinix

Microsoft allegedly nears multi-million-euro agreement with CISPE for antitrust complaint

Microsoft is reportedly nearing a multi-million-euro agreement with cloud lobby CISPE- also known as Cloud Infrastructure Services Providers in Europe to put an end to its antitrust complaint according to news first reported by Politico. However, a CISPE representative denied the claims to Reu...

June 03, 2024

Microsoft Azure

Google partners with Purdue University for low-carbon data center construction

Google has partnered with Purdue University, Indiana, on a project exploring the use of AI in designing low-carbon data centers and other industrial buildings. The project will deploy AI to explore new materials, technologies, and design strategies that can potentially reduce the carbon footpr...

June 01, 2024

Google

Google to invest in Malaysian cloud region

Google has revealed its plans to invest $2 billion in developing its first data center and cloud region in Malaysia and has already selected a site for the development, which will be in Sime Darby Property's Elmina Business Park in Greater Kuala Lumpur.Ruth Porat, president, chief investment o...

May 30, 2024

Google

New startup launched by ex-Google staff targets European data centers

A new startup by former Google staff, offering land and power for industrial campuses is now targeting European data centers. “I am very pleased to announce the launch of Sepia Infrastructure,” Sepia CEO Fabien Vieau announced on LinkedIn this week. “Sepia Infrastructure delivers next-generati...

May 30, 2024

Google

Equinix breaks ground in Malaysia with two new data centers

Equinix has now broken ground in Malaysia with two International Business Exchange data centers in Johor (JH1) and Kuala Lumpur (KL1) now serving the company’s customers in Malaysia and across. Jeremy Deutsch, president for Asia-Pacific at Equinix, said: “Malaysia is a cornerstone market and t...

May 28, 2024

Equinix

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