Data Center News

Telstra acquires MVNO Boost Mobile

Australia

Australian carrier Telstra has acquired MVNO Boost Mobile for a reported AU$145 million (US$94.1m) as confirmed by Boost Mobile founder Peter Adderton via a post on LinkedIn on December 2. Adderton said the deal will enable him to focus on his latest venture, MobileX, a carrier that leverages ...

IHS Towers to sell stake in Kuwait tower unit

Asia-Pacific (APAC)

IHS Towers has announced a deal to sell its 70 percent stake in IHS Kuwait Limited to Zain Group, with the telco taking back ownership of towers it previously sold. According to IHS, the terms of the transaction reflect an enterprise value of $230 million for the IHS Kuwait portfolio and inclu...

Equinix signs new PPA in Singapore

Equinix

Equinix has signed a Power Purchase Agreement (PPA) with Sembcorp Power for 58.5MW of power which is tol be delivered from a solar installation on 60 hectares of vacant land and the rooftops of five JTC Corporation buildings, including the Jurong Rock Caverns above-ground facilities and Jurong...

AWS launches EC2 UltraServers

Amazon AWS

Amazon Web Services (AWS) is launching EC2 instances featuring the latest Nvidia GPUs and Trainium chips. At this week's Re:Invent event in Las Vegas, the cloud giant revealed plans for its Trainium3 chip after unveiling the EC2 during a keynote speech by CEO Matt Garman. Garman revealed three...

T.Loop appoints Helena Fagraeus Lundström as CEO

Sweden

Swedish Edge data center firm T.Loop has appointed Helena Fagraeus Lundström as its new CEO. Lundström was most recently at solar developer Solkompaniet, where she was chief strategy office and then business unit director for land development. Prior to that, she had held roles at Swedish boat ...

Telia finalizes workforce overhaul

Telia Company has confirmed that it has finalized its planned organizational restructure, resulting in 3,000 jobs being cut. Telia said the cuts will deliver annual savings of 2.6 billion Swedish crowns ($236 million), equating to around 15 percent of its workforce. “We are creating a Telia fi...

Vnet to set up data center investment fund with Dajia

China

Chinese data center operator Vnet is setting up a data center investment fund with Chinese insurance company Dajia. The fund will be jointly operated by Vnet and Dajia subsidiary Dajia Investment Holding Company and will make its first investment in Vnet’s Taicang IDC campus in the Jiangsu pro...

Raxio names Robert Skjødt as CEO

Raxio Group

African data center operator Raxio has appointed Robert Skjødt as CEO, to replace Robert Mullins, who will remain an advisor for an unspecified transition period. Mullins has been at the helm of the company for five years. Skjødt previously held leadership roles in global energy, renewables, a...

Oracle makes Database@AWS generally available

Oracle

A limited preview of Oracle Database@AWS is now available from the Amazon Web Services (AWS) US East Region which will make its customers able to run Oracle Exadata Database Service on Oracle Cloud Infrastructure (OCI) inside AWS.“Up until now, it has been impossible to replicate the performan...

Intel’s CEO Pat Gelsinger announces his retirement

Intel’s CEO Pat Gelsinger has announced his retirement from the company effective December 1 and has also stepped down from the company’s board of directors. Intel has named CFO David Zinsner and Intel Products CEO Michelle (MJ) Johnston Holthaus, as interim co-CEOs until Gelsinger’s replaceme...

Indiana Michigan Power agrees grid connection deal large load customers

Michigan

Indiana Michigan Power (I&M) has reached an agreement with the Indiana Office of Utility Consumer Counselor, Citizens Action Coalition of Indiana, Amazon Data Services, Google, Microsoft, and the Data Center Coalition outlining the terms for connecting new large loads to the Indiana grid.A...

BBC undergoes cloud migration to AWS

Amazon AWS

The UK's British Broadcasting Corporation (BBC) is undergoing a cloud migration as it revealed plans to move its IT systems including finance, HR, and procurement to RISE with SAP on Amazon Web Services (AWS). The BBC hopes that moving its IT systems to the cloud will be more cost-effective th...

Mercury delivers Equinix's FR13 data center in Germany

Equinix

Mercury delivers Equinix's FR13 data center in Frankfurt, Germany. Located within Equinix’s Frankfurt North-East campus, the facility spans 5,295 sqm (57,000 sq ft) with a total capacity of 7.75MW across two data halls on three floors. “The expansion of our North-East campus with FR13 is key t...

Core Scientific to upgrade Texas data center

Texas

Core Scientific plans to refurbish its data center in Denton, Texas, turning it from a crypto facility into an AI site, spending as much as $6.1 billion on the new campus, the Denton City Council said, with a planned launch in 2027.  As part of the deal, the City of Denton will lease 78.85 acr...

Spectro Cloud secures $75m in Series C funding

Spectro Cloud has secured $75 million in a Series C funding round. The management company announced earlier this month that it had closed the funding round led by Growth Equity at Goldman Sachs Alternatives, along with participation from existing investors. The funding will be used to aid prod...

Qareeb Data Centres and Gcore sign MoU in Middle East

Middle East

Gcore and Qareeb Data Centres have signed a memorandum of understanding (MoU) for digital infrastructure in the Gulf Cooperation Council (GCC). Gcore's artificial intelligence (AI), cloud, and Edge products will be integrated with Qareeb's data center platform, as part of plans to meet growing...

Royal Philips and AWS expand partnership for cloud migration

Amazon AWS

Health technology company Royal Philips has expanded its partnership with Amazon Web Services. Philips' integrated diagnostics portfolio in the cloud will be expanded including radiology, digital pathology, cardiology, and AI-advanced visualized solutions.“The collaboration between Philips and...

Telenor Sweden CEO to step down at end of year

Sweden

Telenor Sweden CEO Bjørn Ivar Moen has announced he will step down as CEO at the end of this year, and the hunt for a successor has already begun, as confirmed by the company in a statement. "All good things eventually come to an end," said Moen on LinkedIn this week. "Today, we announced that...

Rigetti raises fund for quantum computing efforts

Quantum computing company Rigetti has raised $100 million through the sale of common stock, as part of its “at-the-market” equity offering program which will be used for working capital, capital expenditures, and other general corporate purposes. “We are pleased to see the enthusiasm for the q...

Meta signs carbon offset agreement with Norden

Meta has signed a maritime fuel offtake agreement with Danish shipping company Norden to acquire carbon offset credits. The emission solution works by burning biofuel on a Norden-operated vessel, with the emission reduction subsequently allocated to Meta using a book and claim chain of custody...