September 08, 2021 China
Underwater data centers are increasingly being looked to solve the industry’s sustainability issue. Submerging data centers underwater is reportedly more energy-efficient, addresses space scarcity, and sees facilities encounter fewer failures. Now, authorities in China are planning to invest in...
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September 06, 2021 China
China's data center market has seen incredible growth over the last few years. Back in 2019, the market was valued at USD 13.01 billion but is forecast to reach a value of USD 36.18 billion by 2025. It is also registering a CAGR of 19.2% from 2020 to 2025. While this is good news...
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June 29, 2021 China
CDH Investments has announced that it has raised RNB 2 billion ($310 million) for a domestic data center Company. CDH Investments is a Beijing-based firm, and the funds it raised are said to be the first domestic fund in China that’s focused on investing in data centers. Ye Tao, managing director...
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May 26, 2021 China
Tesla has announced the establishment of its data center in China. The data center opening comes as a response to the criticisms from Chinese authorities that the cameras on Tesla vehicles may be used for spying. In April, the Chinese Government published some rules about data collection by smart...
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May 24, 2021 China
Hainan Port’s investment Company, Hainan Xintou, announced that it would launch its commercial undersea data center. The data center will run in 100 airtight pressure vessels on the sea bed close to China’s Changjiang Nuclear Power Plant. Beijing Highlander, a marine specialist, tested the...
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May 18, 2021 China
According to a report by Bloomberg, GDS Holdings is considering acquiring GLP Pte’s data centers business. The value of the assets is substantial and estimated to be between $8-10 billion. If the prospective deal goes forward, it will enable the Chinese firm to expand its footprint, while GLP...
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