Data Center News

GTAA to develop Large Language Models Joint Venture this year

An announcement made earlier this week at the Mobile World Congress event in Barcelona, Spain revealed that the members of the Global Telco AI Alliance (GTAA) are to establish a joint venture later this year specifically aimed at developing Large Language Models (LLMs). "We want our customers...

February 26, 2024

Spain

Mapfre sells 10MW facility in Madrid

Spanish insurance firm Mapfre has sold its data center in Madrid. The company received advise on the sale-leaseback deal of its 10MW facility in Alcalá de Henares from CBRE’s Spanish unit. Paul Mortlock, senior director and head of European data center capital markets at CBRE, said, "CBRE's Eu...

February 23, 2024

Madrid

Former Sungard data center is up for sale in New Jersey

Via RI Marketplace, Real estate firm Marcus & Millichap is offering 1008 Virgil Avenue in Ridgefield, a former Sungard data center field as up for sale via auction and bidding for this property is set to begin March 25, with $750,000 listed as a starting bid. The listing reads, “The proper...

February 14, 2024

New Jersey

Diraq secures $15 million in a Series 2-A funding round

Quantum computing startup Diraq has raised $15 million in a Series 2-A funding round led by specialist investor Quantonation, a venture capital fund dedicated to quantum technologies, with participation from Higgins Family Investments and the University of New South Wales, Sydney. This latest ...

February 14, 2024

Sydney

Azora to launch new European Edge data center platform

Investment manager Azora in collaboration with Core Capital, this week launched a new European Edge data center platform called Quetta Data Centers. The investment firm plans to invest over €500 million in constructing six Edge data centers in Spain and Portugal totaling 60MW of capacity. Sant...

February 09, 2024

Spain

Singapore-based startup receives $12.5 million in funding for electricity transformers

Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to par...

February 09, 2024

Singapore

Equinix signs new PPA in Australia

Global colocation giant Equinix recently announced that it has signed a power purchase agreement (PPA) for 151MW of wind power in Australia. The company will pay for 20 percent of the first phase of the giant Golden Plains Wind Farm project, which is being built in rural Victoria, not far fro...

February 07, 2024

Equinix

Lunar Digital begins upgrade of the Reynolds House data center

Lunar Digital began the planned multi-million-pound upgrade of the Reynolds House data center in Manchester, UK. The company started development works across all the data halls at the site, including full renovations of the C5 and C6 data halls to optimize power and cooling, the deployment of ...

January 19, 2024

Manchester

Michael Winterson leaves Equinix after 24 years

Michael Winterson has left colocation provider Equinix after 24 years to take on the role of managing director for the European Data Centre Association. Winterson wrote on LinkedIn, “Exactly 24 years ago I started my data center career at IXEurope, not 300 meters from our current Equinix offic...

January 18, 2024

Equinix

Edged Energy starts operations at Barcelona facility

Edged Energy has commenced operations at its facility in Barcelona, Spain, named ‘Merlin.” The company completed the construction of this facility with a critical load capacity of 16MW and uses 100 percent renewable energy in the fall of 2023. Bryant Farland, CEO of Edged Energy said, “We are ...

January 12, 2024

Barcelona

Swiss Life Asset Managers acquires major stake in Telecom Infrastructure Partners

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 value...

January 10, 2024

London

Telco Group Aire merges with Canary Islands telco Idecnet

Spanish telecoms firm Aire this week announced that it is acquiring Canary Islands telco Idecnet as it looks to consolidate its presence in the region. Raúl Aledo, CEO of Grupo Aire, said, “The arrival of Idecnet to Grupo Aire responds to our national and international growth strategy, which ...

January 10, 2024

Spain

T.Loop acquires 800 square meters facility in Stockholm

New Swedish operator T.Loop has acquired a 800 square meter data center located in the center of Stockholm, Sweden. Details about ths facility including the seller and the terms of the transaction have not been shared. However, the company noted that this facility will be modernized throughout...

January 09, 2024

Stockholm

Equinix becomes one of U.S largest green bond issuers

Equinix is now one of the top ten largest green bond issuers in the United States after allocating $4.9 billion in green bonds to building and efficiency projects. These bonds will fund 172 green building projects on 105 sites, along with 33 energy efficiency projects. Equinix first issued gre...

December 28, 2023

Equinix

New supercomputer inaugurated in Barcelona, Spain

The MareNostrum 5 supercomputer was recently inaugurated in Barcelona, Spain, hosted by the Barcelona Supercomputing Center. It cost roughly €151 million to acquire and maintain this supercomputer, a fee which was split evenly between the EU and a Spanish-led consortium which includes Portuga...

December 27, 2023

Barcelona

Singapore considers making data centers and clouds "critical infrastructure"

Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Age...

December 22, 2023

Singapore

Axiom Space to launch orbital data center

Space infrastructure business Axiom Space has planned to develop an 'orbital data center.' The company is currently developing the world’s first commercial space station, which will initially be a part of the International Space Station, but is planned to separate and remain in orbit, once the...

December 21, 2023

Houston

Lightmatter officially becomes a unicorn

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, Li...

December 19, 2023

Boston

Seraya Partners reaches goal of $800 million APAC funding

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, win...

December 14, 2023

Singapore

Equinix to roll out support for liquid cooling at over 100 facilities

Colocation firm Equinix announced this week that it plans to expand support for liquid cooling technologies – including direct-to-chip – to more than 100 of its International Business Exchange (IBX) data centers in more than 45 metros globally. Tiffany Osias, VP of global colocation at Equinix...

December 12, 2023

Equinix

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