July 20, 2024 CyrusOne
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-story...
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July 19, 2024 Microsoft Azure
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,...
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July 18, 2024 Google
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....
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July 18, 2024 CyrusOne
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. Eric...
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July 12, 2024 Microsoft Azure
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 to...
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July 09, 2024 CyrusOne
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...
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July 05, 2024 Equinix
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...
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July 04, 2024 Microsoft Azure
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,...
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July 04, 2024 EXA Infrastructure
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...
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July 03, 2024 Google
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...
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June 14, 2024 Google
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’s...
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June 13, 2024 Microsoft Azure
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...
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June 12, 2024 Amsterdam
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...
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June 08, 2024 Microsoft Azure
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...
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June 05, 2024 Equinix
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...
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June 03, 2024 Microsoft Azure
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...
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June 01, 2024 Google
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 footprint...
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May 30, 2024 Google
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...
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May 30, 2024 Google
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-generation...
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May 28, 2024 Equinix
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 top...
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