December 15, 2025 CloudHQ
CloudHQ will begin construction of its 276MW data center in Germany next year. Located in the Frankfurt-Hochst industrial park, which is west of Frankfurt's city center, the facility will cover 217,000 sqm (2.3 million sq ft) across three buildings, each of which will offer 96MW of capacity.As...
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November 28, 2025 Scala Data Centers
Brazil's National Bank for Economic and Social Development (BNDES) has approved financing of R$200 million ($37.2m) for Scala Data Centers to invest in the acquisition and installation of equipment and materials for the infrastructure of its data centers.The financing approved by the BNDES is...
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October 20, 2025 Kyndryl
AI chip startup Groq has partnered with IBM to provide agentic AI capabilities via GroqCloud on IBM watsonx Orchestrate. Under the terms of the agreement, the partners will also integrate Red Hat’s open source vLLM technology with Groq’s LPU chips, with plans to support IBM Granite models on...
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September 06, 2025 ODATA SA
Latin American data center firm OData this week announced $1.02bn in green financing. The proceeds will be used for data center projects that “meet the highest standards of sustainability” across Brazil, Mexico, Chile, and Colombia. The company said the financing was the largest of its kind for...
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August 30, 2025 Scala Data Centers
Brazilian data center developer Scala Data Centers has secured $25 million in financing from Caterpillar Power Finance, marking Caterpillar’s first with a data center company in Latin America. The financing is designed to drive sustainable growth across the company.“This milestone goes far beyond...
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July 23, 2025 Scala Data Centers
Scala Data Centers has successfully closed its first international project financing, securing $254 million in long-term financing for the construction of three hyperscale data centers and a critical power substation in Chile. The financing is set to fund the expansion of Scala's presence in...
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May 22, 2025 ODATA SA
The investment company that founded Latin American data center firm OData, through one of its infrastructure funds, has announced the launch of Omnia, a new data center platform. Omnia will develop, build, and operate large-scale, purpose-built data centers across Latin America. Led by CEO...
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January 07, 2025 Kyndryl
IBM and GlobalFoundries (GF) have reached a settlement in their long-running legal dispute which saw both companies claim breach of contract and misuse of trade secrets and intellectual property. The two companies said the undisclosed settlement resolves “all litigation matters” and would allow...
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December 30, 2024 Scala Data Centers
The Brazilian city of Eldorado do Sul, in Rio Grande do Sul state, has passed legislation to allow the construction of Scala Data Centers’ AI City. The legislation will change urban zoning and streamline procedures for the operators ‘mega complex.’ The urban zoning perimeter will be expanded to...
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November 20, 2024 Kyndryl
IBM is planning to make AMD Instinct MI300X GPUs available as a service via IBM Cloud. The GPUs will be rolled out on the platform in the first half of 2025, with the aim of improving the performance and power efficiency of generative AI models and high-performance computing applications.“As...
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October 01, 2024 Kyndryl
IBM this week announced the launch of the facility, at IBM's campus in Ehningen near Stuttgart, in a ceremony attended by German Chancellor Olaf Scholz. It is IBM's second quantum data center, featuring three systems - one based on IBM's Heron processor, alongside two other new systems that will...
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September 27, 2024 Scala Data Centers
Brazilian firm Scala Data Centers this week announced the successful completion of $500 million in structured financing. The investment includes $250 million from Coatue Tactical Solutions and $250m from the Investment Management Corporation of Ontario (IMCO) which will be used to accelerate...
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August 30, 2024 Scala Data Centers
Scala Data Centers has announced the largest agreement for the supply of renewable energy in Latin America with Serena which is set to come into effect in January 2025. "The agreement with Scala Data Centers reinforces how Serena is prepared to offer energy and infrastructure for high-performance...
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May 01, 2024 Kyndryl
Japanese research institute Riken is set to deploy an IBM quantum computer at its facilities in Kobe. The quantum system – to be powered by a 133-qubit Heron processor – will be colocated and integrated with the organization’s existing Fugaku supercomputer. “Riken is committed to developing...
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April 29, 2024 Kyndryl
IBM has signed an agreement with both the Quebec government and the Canadian government to strengthen the country’s semiconductor industry. Following this agreement, IBM and the two governments invest C$187 million (US$137m) in the company’s Bromont plant in Quebec to bolster the country’s...
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April 24, 2024 Kyndryl
IBM is set to buy out HashiCorp, a vendor that makes software to help businesses manage digital infrastructure, for $6.4 billion. It will pay $35 per share for HashiCorp. The company’s stock had been trading at a price of $24.88 before the deal was announced. "Enterprise clients are wrestling...
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April 09, 2024 CloudHQ
Content Delivery Network (CDN) company Cloudflare suffered a second data center power failure at its core facility in Portland, Oregon, within six months. As a result of the first incident which happened in November, Cloudflare introduced ‘Code Orange’; a new process where the company shifts most...
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April 06, 2024 Kyndryl
IBM and Rensselaer Polytechnic Institute (RPI) have launched a quantum computer at RPI’s campus in New York. A chapel that the university repurposed in the 1960s, the quantum computer is be positioned next to a stained glass window and serves as a focal point of RPI’s new Curtis Priem Quantum...
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March 07, 2024 CloudHQ
Content delivery network (CDN) and Edge services provider announced this week that it has acquired multi-cloud networking startup Nefeli Networks and has launched a new multi-cloud networking service based on the acquired technology. “We believe the full potential of the cloud will only truly be...
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February 28, 2024 ODATA SA
Latin American data center operator OData this week announced its QR01 data center in Querétaro is being expanded and it has started to build two new hyperscale data center campuses in Mexico, in Guanajuato and El Marqués. “We are pleased with the success seen during the development of our QR01...
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