May 24, 2024 Microsoft Azure
Microsoft is buying one million tons of carbon removal credits from a renewable energy company in Denmark, following its aim to invest in carbon capture technology. The tech giant will purchase the credits from Avedøre power station in Copenhagen, which is operated by energy company Ørsted, in a...
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May 21, 2024 Prime Data Centers
US data center firm Prime has acquired a 7.6-acre site at Calle de la Pedriza 1 in Alcobendas, close to Equinix, CyrusOne, and Data4 facilities as it plans expansion into Spain. “With 44MW of take-up in 2023, power challenges limiting FLAPD markets, and information governance mandating in-country...
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May 18, 2024 Microsoft Azure
Azure CTO Mark Russinovich recently claimed that Microsoft will be deploying the equivalent of five 561 petaflops Eagle supercomputers every single month. That would represent the equivalent of 72,000 H100 GPUs every month, spread out across the company's growing data center footprint, and a...
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May 14, 2024 Microsoft Azure
Microsoft recently announced that it will be investing $3.3 billion in the AI data center it is building in Wisconsin to “expand its national cloud and AI infrastructure capacity.” The company will also be co-funding a new solar energy project which will generate 250MW of power. Microsoft noted...
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May 11, 2024 Microsoft Azure
Te Tumu Paeroa, the office of the Maori Trustee, has signed an agreement to become the anchor tenant of Microsoft's upcoming New Zealand cloud region. The agreement with Microsoft and associated cloud migration is hoped to help landowners recover from major weather events more quickly, support...
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May 10, 2024 Microsoft Azure
Microsoft this week has finalized its carbon removal project with Re green in a deal which will fund the restoration of more than 16,000 hectares of degraded pastureland across Brazil (over half of which is already acquired with restoration activities underway), including in the States of...
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May 07, 2024 Microsoft Azure
Microsoft revealed this week that it has entered into a long-term deal to offtake the output of the newly commissioned Lenalea Wind Farm near Letterkenny, County Donegal. "At Microsoft, we are committed to playing our part in supporting the decarbonization of energy grids in markets in which we...
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May 06, 2024 Microsoft Azure
Microsoft has signed the world’s largest carbon capture deal with Stockholm Exergi to remove carbon from an upcoming biomass plant in Sweden. The deal will cover 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. “We are...
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May 01, 2024 Microsoft Azure
Microsoft has entered an agreement to invest an estimated $10 billion in renewable electricity projects to be developed by Brookfield Asset Management. The “global framework agreement” signed by the cloud company is a commitment to bring 10.5 gigawatts of generating capacity online. “Microsoft...
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May 01, 2024 Microsoft Azure
Microsoft has revealed plans to build cloud and AI infrastructure in Thailand, including a data center region as part of its digital infrastructure commitment to expand the availability of the company's hyperscale cloud services. At the Microsoft Build AI Day in Bangkok, Microsoft CEO Satya...
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April 29, 2024 Equinix
Colocation firm Equinix has signed long-term Power Purchase Agreements (PPAs) to procure renewable energy in Singapore fromSembcorp Industries. Following the agreements, Sembcorp Power will supply a maximum capacity of 75MWp from its solar assets and 30MW from its gas-power generation portfolio...
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April 26, 2024 Microsoft Azure
Microsoft, during its quarterly earnings call revealed that its cloud unit surpassed $31.8 billion in revenue for the quarter, up by 24 percent YoY. This led to a 4% increase in the company’s stock market, bridging the value to $128 billion. "We have the most comprehensive cloud footprint with...
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April 24, 2024 Microsoft Azure
Coca-Cola has made a $1.1 billion investment to use Microsoft's cloud and artificial intelligence (AI) services as part of a five-year agreement that will see Microsoft support Coca-Cola's core technology strategy systemwide. “This new agreement builds on the success of Coca-Cola’s partnership...
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April 02, 2024 Microsoft Azure
Microsofr this week announced that it has entered into a two 200MW Power Purchase Agreements (PPA) with Energy firm Leeward Renewable Energy (LRE) which will help it purchase the power generated from two 200MW LRE solar facilities currently under development in Texas: Morrow Lake Solar in Frio...
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March 29, 2024 atNorth
IT services provider Advania and colocation company atNorth have agreed to a deal that will see Advania take extra capacity at atNorth’s ICE03 site in Iceland, a 12MW data center in Akureyri that opened last year. A statement from both companies noted that “The expansion onto the ICE03 campus...
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March 23, 2024 Equinix
Short seller Hindenburg Research has accused data center REIT Equinix of "major accounting manipulations." The investigative reporting and researching company claims that Nadaq-listed Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs, by at least...
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March 23, 2024 Microsoft Azure
Microsoft has signed a six-year carbon capture agreement with The Next 150 and its General Biochar Systems (GBS) business unit, which runs the biochar plant near the city of Guanajuato.. This agreement will see Microsoft purchase 95,000 tons of carbon dioxide removal credits from a biochar plant...
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March 16, 2024 Verne Global
Investment firm Ardian this week said it had completed the acquisition of European data center firm Verne from UK infrastructure firm Digital 9 Infrastructure plc (D9). The company will support the expansion of Verne with up to $1.2bn committed investment through equity and debt to “deliver an...
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March 14, 2024 Equinix
Equinix has appointed Google Cloud executive Adaire Fox-Martin as its new CEO to succeed Charles Meyers, who has led the company for six years. Fox-Martin who has led Google Cloud's go-to-market teams globally since early last year, has been a member of the Equinix board of Directors since 2020....
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March 13, 2024 Microsoft Azure
Meta has shared the details of the hardware, network, storage, design, performance, and software that make up its two new 24,000-GPU data center scale training clusters. These clusters based on Meta’s AI Research SuperCluster (RSC) are being usedto train its Llama 3 large language AI model. In a...
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