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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April 15, 2024 London
Satellite firm Viasat last week officially launched its new office, at 50 Finsbury Square in London, as the combined offices of both Viasat and Inmarsat, the rival vendor it acquired last year. The new 121,000 square feet site includes new satellite, network, and cyber operations centers for the...
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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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March 29, 2024 London
University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to...
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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 29, 2024 London
Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said strong...
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January 10, 2024 London
Investment firm Swiss Life Asset Managers this week entered an agreement with London-based InfraBridge, an infrastructure investment management division of DigitalBridge Group, to acquire a co-controlling equity stake in Telecom Infrastructure Partners (TIP). Gianfranco Saladino, head of...
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November 20, 2023 San Francisco Bay Area
OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company...
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November 19, 2023 San Francisco Bay Area
OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technology...
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November 18, 2023 London
Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its current...
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October 23, 2023 London
Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...
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August 16, 2023 Northern Virginia
Leesburg's Loudoun County Council unanimously approved data center design criteria. Unlike Ashburn, Virginia's Leesburg has no data centers; however, this may change. Three rezoning petitions may allow data center development in town. One is in the Oaklawn neighborhood, one close to the former...
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August 08, 2023 San Francisco Bay Area
Plans for an entertainment district development in San Jose, California, have been scrapped and replaced with data center plans, it has been announced. Back in 2018, developer Terra Ventures had initially pitched for development known as 'Shops @ Terra'; this would have been an entertainment...
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July 27, 2023 London
Thames Water has announced that it is considering restricting data center water-use in London. The measure could reportedly include charging operators more at peak times and adding flow restrictors to pipes.Initially, the private utility undertook an assessment to get insight into how much water...
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July 05, 2023 London
Greystoke Land Ltd has applied to the Three Rivers District Council to demolish extant structures on a 33-hectare site north of Mansion House Farm through Bedmond Road in Abbots Langley to construct a data center campus. The company intends to construct two data center structures totaling up to...
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June 28, 2023 Northern Virginia
Residents of Prince William County, Virginia, are attempting to sell their land to an unidentified data center developer. According to InsideNoVa, residents of Sanders Lane near Gainesville are attempting to sell their land to a data center developer. The residents appear to be attempting to...
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June 14, 2023 London
Havering Friends of the Earth has voiced concerns over an application to build a data center on Green Belt land. Digital Reef is proposing a huge data center campus in East Havering, within a new 500-acre site, with 67% of the land dedicated to an "ecology park." The company has offered the...
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June 13, 2023 Bangkok / Krung Thep
Evolution Data Centres has partnered with Central Pattana PCL, a Thai property developer, to construct a new data center in Bangkok. Under the terms of the joint venture agreement, the two corporations will construct a 34MW carrier-neutral data center in central Bangkok, Thailand. Phase 1 of the...
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June 07, 2023 CloudHQ
CloudHQ has purchased land in San Antonio, Texas, to construct a data center campus. The company has acquired nearly 123 acres of land in the Texas Research Park, just down the street from Microsoft's Bexar County facilities. The University of Texas System sold CloudHQ the land bounded by Lambda...
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May 25, 2023 Northern Virginia
The Virginian county of Culpeper may soon see the construction of more than four million square feet of data centers. The Culpeper Town and County Councils have received rezoning requests that would enable the construction of approximately 17 buildings on two campuses on the town's border...
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