Data Center News

Lumen, a US telco, loses $8.74bn due to non-cash impairment

In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization ...

August 03, 2023

Lumen Technologies

Costs projected to rise as meta capex for data centers, servers, and networks reaches $6.4 billion

In the last quarter, Meta's capital expenditures reached $6.4 billion due to investments in data centers, servers, and network infrastructure. This is a decrease from the $7.1 billion the company spent in the previous quarter, but the Facebook proprietor is now done with a data center restruct...

July 28, 2023

Meta

Digital Realty sells TPG Real Estate 80% of Northern Virginia data centers stake for $1.3bn

TPG Real Estate now owns 80% of three Digital Realty data centers in the US state of Virginia's Northern Virginia. Digital will continue to oversee the daily operations of the joint venture's facilities. The data center business aims to utilize the $1.3 billion in proceeds from the transaction...

July 28, 2023

Digital Realty Trust

Reliance joins Brookfield and Digital Realty's Indian data center JV

Reliance Industries, the largest business group in India, revealed that it would join Mercury Holdings SG Pte, the current joint venture between Brookfield Infrastructure and Digital Realty, to construct data centers in India. By acquiring a 33,33 % stake in the existing JV, Reliance Industrie...

July 26, 2023

Digital Realty Trust

EdgeConneX announces deployment of AWS Direct Connect in Phoenix data center

EdgeConneX has announced the deployment of AWS Direct Connect with both 10Gbps and 100Gbps capability at the Phoenix Edge Data Center (PHX01). The company shared that this will enable customers to establish direct edge cloud on-ramps. This, it shared, can reportedly reduce costs, improve oper...

July 19, 2023

EdgeConneX

GI Partners acquires the majority stake in 2 Chicago data centers from Digital Realty

GI Partners has acquired a majority stake in two data centers in Chicago, Illinois, from Digital Realty. This week, the business announced that it had formed a joint venture with GI Partners to sell a 65 percent stake in two stabilized hyper-scale data center facilities and their associated ma...

July 18, 2023

Digital Realty Trust

AtlasEdge enters strategic partnership with Northshore

AtlasEdge, has entered into a strategic partnership with Northshore to implement an operational sustainability strategy and execution plan. According to the company, the technology-enabled engineering company will assist it in ensuring that data collection and validation processes are streaml...

July 17, 2023

AtlasEdge

Equinix to connect to new district heating scheme in Frankfurt, Germany

Equinix has announced that, through a partnership with a number of different companies, it will connect to a new district heating scheme in Frankfurt, Germany. In collaboration with Vonovia, AS Enterprise, and EB-SIM, the group aims to build a heating network for the bizonal residential area ...

July 17, 2023

Equinix

Equinix, AirTrunk, Microsoft, and GDS are chosen by Singapore for an 80MW data center experiment

As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to b...

July 14, 2023

Equinix

Digital Realty announces first NVIDIA DGX H100-Ready data center

Digital Realty's KIX13, its newest data center in Osaka, Japan, has been certified as NVIDIA DGX H100-ready as part of the NVIDIA DGX-Ready Data Center program. The facility reportedly received this accreditation, the first Japanese facility to do so, based on its ability to provide a dedicat...

July 12, 2023

Digital Realty Trust

Hyperscale data center from Equinix opens in Japan's capital

This week, the company revealed the opening of TY13x. Situated in the Inzai region and opposite TY12x, TY13x provides 8MW in the first phase and 36MW when fully constructed. In October 2019, Equinix partnered with Singapore's GIC sovereign wealth fund to develop hyperscale centers under the xS...

July 04, 2023

Equinix

Digital Realty buys 9 acres in Amsterdam for a 20MW data center

Digital Realty has bought additional land for data centers in Amsterdam, Netherlands. This week, the company disclosed the acquisition of a 387,500-square-foot (8.9-acre) land parcel on its Amsterdam Schiphol campus. According to reports, the acquired land parcel can sustain a 40MW data cente...

June 30, 2023

Digital Realty Trust

Sobrato sells Equinix-leased Silicon Valley data facility to Invesco for $86 million

Invesco has purchased a data center in San Jose, California, run by Equinix. Mercury News reports that the Sobrato Organization recently sold 1735 Lundy Avenue in San Jose to Invesco Real Estate for $86.3 million, citing documents from Santa Clara County.The single-story building encompasses 1...

June 22, 2023

Equinix

External construction work on Digital Realty’s latest Frankfurt data center now complete

Digital Realty’s new data center, FRA33 facility in Hattersheim, Frankfurt, Germany, has now been completed, it has been announced. The new facility will reportedly offer 40MW of IT capacity spanning 16,000 square meters (172,222 sq ft) of white space. The construction firm that worked on the...

June 14, 2023

Digital Realty Trust

Equinix to open its first data center in Kuala Lumpur in 2024

Equinix is expanding its data center footprint in Malaysia, with plans for a new data center in Kuala Lumpur called KL1, which, the company said, will provide greater digital infrastructure capacity in the country. The new facility, which follows the company's announcement of JH1 in Johor, wi...

June 12, 2023

Equinix

Digital Realty designs data center on Marseille sugar silo site

Digital Realty will construct a new data center on the site of an ancient sugar silo at the Port of Marseille-Fos, having won a bid to acquire and develop the land. The new MRS5 facility will reportedly encompass approximately 107,640 square feet and will be operational by the end of 2025. Acc...

June 09, 2023

Digital Realty Trust

Digital Realty gets $1.1 billion, sells Texas and Illinois data facilities

Digital Realty, a US data center company, has had an eventful week raising money and selling data centers. The company announced that it had raised over $1 billion through the sale of shares, with the money going to be used for expansion and debt reduction. Digital is selling the vast majority...

June 07, 2023

Digital Realty Trust

Equinix to open its third International Business Exchange (IBX) data center in Dubai

Equinix has announced that it is opening its third International Business Exchange (IBX) data center in Dubai, which, at full build-out, will offer 1,800 cabinets of capacity across two phases or a total footprint of 12,000 square meters (135,000 square feet). The facility will support the co...

May 31, 2023

Equinix

Digital Realty Plans to Construct a Thirteen-story Data Center in Los Angeles

Digital Realty has applied to construct a new data center in Los Angeles, California. The company has applied to construct a thirteen-story data center at 727 S Grand Avenue in downtown Los Angeles. The prospective applicant is GIP 7th Street LLC, a well-known subsidiary of Digital Realty. At ...

May 26, 2023

Digital Realty Trust

Meta shares details on AI progress and data center redesign

After announcing that it was canceling or pausing data center projects that were in mid-development last year, Meta has finally revealed some details on its AI-optimized data centers. The giant has shared that it is working on a custom chip "family" to bolster the efficiency of its data center...

May 25, 2023

Meta

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