December 19, 2023 Boston
Photonic computing company Lightmatter has now been crowned a Unicorn, raising $155 million at a $1.2 billion valuation. This funding is part of the series C investment round, which helped the company raise $154 million in May, successfully tripling the company’s value at the time. Overall,...
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December 14, 2023 Singapore
Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, wind,...
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December 07, 2023 Digital Realty Trust
Digital Realty recently revealed plans to set up a joint venture with Blackstone-affiliated funds led by Infrastructure, Real Estate, and Tactical Opportunities. This joint venture worth $7 billion will be used to develop four hyperscale data center campuses in Frankfurt, Germany; Paris, France;...
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December 04, 2023 Stockholm
New data center firm Evroc announced last week that it has signed an agreement with Arlandastad Group to select Stockholm as the location for its first facility and build it in 2024. The company also mentioned that it plans to invest €600 million in the project, which is one of ten it intends to...
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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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November 16, 2023 Digital Realty Trust
Digital Realty and Realty Income Corporation established a joint data center venture in Northern Virginia. Following their agreement, the real estate investment firm invested $200 million and will get an 80 percent equity interest in two data centers currently under construction in Northern...
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October 26, 2023 New York
Quantum computing firm D-Wave is facing delisting from the New York Stock Exchange over its low stock price for the second time this year. The company announced this week that it received a notice from the NYSE that it is not in compliance with listing requirements as the average closing price of...
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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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October 23, 2023 Digital Realty Trust
Digital Realty joint venture Digital Connexion has named CB Velayuthan as its new CEO and he has taken over leadership of Brookfield/Digital/Reliance Jio joint venture previously known as BAM Digital Realty. Velayuthan said to the media, “India is one of the most dynamic markets in our industry...
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October 13, 2023 Digital Realty Trust
Digital Realty has partnered with a Dutch vocational college in Amsterdam to launch a new demo data center to teach students data center skills. Students from the Cloud & Infrastructure Technician course opened the demo data center at MBO College Zuidoost this week. Melissa Scholten, senior...
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October 11, 2023 Singapore
Singaporean large language model provider 6Estates recently launched an Nvidia DGX BasePOD based on Nvidia GCX H100 systems to develop its AI offerings. The company will use this BasePOD for its "Model Solutions" offering, which provides users with personalized large language models. The cluster...
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October 06, 2023 Digital Realty Trust
Global cloud provider Digital Realty announced its acquisition of a land parcel in Zagreb, Croatia for the construction of a new data center campus as it plans to expand its footprints in Southeast Europe. This plot of land, located close to its existing data center campus can support up to 30...
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September 07, 2023 Digital Realty Trust
Digital Realty has announced that it's expanding into the Italian market with a new Tier IV-quality data center, named ROM1. This announcement comes following the acquisition and pre-development planning of land in Rome. The facility will sit on a 22-hectare site, with construction set to...
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September 07, 2023 Digital Realty Trust
Digital Realty plans to extend its operations into Italy and has already purchased land in Rome, the country's capital. Following the purchase of land in Rome and the subsequent pre-development planning for it, the company announced its entry into the Italian market last week. The ROM1 data...
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August 30, 2023 Kenya
Internet Initiative Japan Inc. (IIJ) is considering deploying a containerized modular data center in Kenya. This week, the company reported that the Ministry of Economy, Trade, and Industry has been exploring methods to "capture the vitality of the African market" and has decided to investigate a...
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August 24, 2023 Kansas
IP Pathways bought Netsolus, a Missouri-based MSP. This week, IP Pathways of Des Moines, Iowa, announced that it will merge with Netsolus of Kansas City, broadening its footprint and services in the Kansas City region. The deal's terms were not disclosed. IP Pathways was founded in 2007 and...
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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 15, 2023 Nairobi
IXAfrica has bought land in Nairobi, Kenya, for a second data center site. The company executed a contract with local real estate developer Tilisi Developments plc to acquire 11 acres of land in the Kenyan capital for the development of its second data center campus. Research is currently being...
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