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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
India / Bhārata
Over the next five years, AMD plans to invest approximately $400 million in India. With this investment, a new AMD campus will be constructed in Bengaluru (Bangalore), Karnataka. This will be the company's largest design center, and it is anticipated that approximately 3,000 new engineering po...
Read moreCyxtera Technologies
Cyxtera plans to decline leases for two data centers held by Prime DC in Santa Clara, California. In June, Cyxtera filed for Chapter 11 bankruptcy due to continuing losses and upcoming debt maturities. The organization is seeking a buyer or new investor. According to DgtlInfra, Cyxtera intends...
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KDDI
Toyota Motor Corporation intends to sell a roughly $1.80 billion stake in KDDI Corporation as part of a share buy-back deal. Reuters reports that the Japanese automaker wants to raise funds to accelerate vehicle electrification. Toyota's stake in the Japanese telco would decrease from 14.68 p...
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AirTrunk
AirTrunk has filed for its Sydney, Australia, SYD3 data center campus. After purchasing the land in 2021, the company has submitted plans to the New South Wales Department of Planning for a 320MW data center spanning 1.3 million square feet across seven stories.The property in question cost $7...
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Amazon AWS
In collaboration with Amazon Web Services (AWS), Vodafone Business has implemented Multi-access Edge Computing (MEC) in Spain. After launching the service in Germany and the United Kingdom two years prior, introducing the pilot service in Spain expanded its European footprint. Spain is the mos...
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Accelevation Holdings has established a new business entity focused on data centers. Conatech and Instor Solutions, two recently acquired subsidiaries, will be combined to form the Accelevation Data Center Business Unit.Accelevation will integrate the white space installation and project manag...
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Over the next four years, AMD intends to invest $135 million in Ireland. The money will go toward studying and creating data centers, networking, 6G, and generative AI technologies. In addition, the company is anticipated to employ approximately 290 engineers and researchers in the country to ...
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Nordics
Cellnex is contemplating the sale of a minority stake in its Nordic operations, which could fetch up to $1.11 billion. Reuters reported last week that Cellnex would use the earnings to pay down debt, according to sources familiar with the matter.Reuters reported that Cellnex is collaborating w...
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QTS Data Centers
The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its ...
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Over the next four years, CommScope intends to invest $60,3 million to expand its manufacturing facilities in North Carolina. The telecommunications equipment supplier stated that the increased production will generate at least 250 new employment.The investment comes at a crucial moment for th...
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United Kingdom
The British government has committed $51 million to nationwide 5G innovation. The government announced on July 31 that funding applications are now being accepted. According to the government, the investment is intended to accelerate innovation in industries such as advanced manufacturing, tra...
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Amazon AWS
WeTransfer has said it cut its server emissions by 78 per cent in 2022. This comes following the company's 2020 pledge to reduce its emissions by 30 percent by 2025, and its migration to AWS in 2011. The company reportedly achieved "carbon-neutral certification," after using AWS' Customer Carb...
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Greenpixie, a London-based startup that calculates emissions data for companies that use cloud computing in data centers has been awarded a £50,000 ($64k) grant to track data center emissions. The UK Government grant is provided through Innovate UK, the UK's national innovation agency. The com...
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Alphabet reported quarterly sales of $74.6 billion, an increase of 7% from the same period last year. Profits increased by 15% to $18.4 billion. While advertising sales drove the majority of the company's development, cloud sales increased by 28 % to $8 billion. Google Cloud reported its seco...
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Microsoft Azure
KPMG plans to invest $2 billion over the next five years in artificial intelligence (AI) and cloud services in partnership with Microsoft. The global expansion of the 'Big Four' accounting firm's relationship with Microsoft is anticipated to generate up to $12 billion in revenue over the next ...
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Digital Realty Trust
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...
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In its most recent quarterly earnings report, Swedish-Swiss multinational ABB highlighted the expansion of its data center sales. In addition to developing data center power and cooling solutions, the company sells to various industrial sectors. Timo Ihamuotila, the company's CFO, stated on an...
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The Belgian telecommunications company Proximus is contemplating the sale of its data center unit for approximately €300 million ($329 million). According to Reuters, the company has hired bankers to start working on a sale, which could be used to finance the rollout of 5G and fiber networks. ...
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GoDaddy has closed 29 enterprise data centers since 2019 to streamline its data center footprint. The company said it consolidated its presence to reduce Scope 1 and 2 emissions. GoDaddy pledged to cut Scope 1 and 2 GHG emissions by 50% by 2022 from a 2019 baseline. Data centers drove GoDaddy'...
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Meta
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...
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