Read Virgin Media O2 and Vodafone sign 10-year etwork-sharing agreement
Virgin Media O2 and Vodafone sign 10-year  etwork-sharing agreement
July 03, 2024

Virgin Media O2 and Vodafone sign 10-year etwork-sharing agreement

Vodafone

Virgin Media O2 and Vodafone have signed a new network-sharing deal in the UK which also includes plans for Virgin Media O2 to acquire spectrum from Vodafone, which could help the latter gain regulatory approval for its merger with Three."We are extending and bolstering elements of our existin...

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Read Department of Commerce announces funding to scale up 12 US Tech Hubs
Department of Commerce announces funding to scale up 12 US Tech Hubs
July 03, 2024

Department of Commerce announces funding to scale up 12 US Tech Hubs

United States

The US Department of Commerce's Economic Development Administration (EDA) has announced $504 million in funding to scale up 12 sites that were designated as Tech Hubs by the Biden Administration. This fund will be used to expand research into artificial intelligence, semiconductor manufacturin...

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Read Google signs new wind PPAs in Belgium
Google signs new wind PPAs in Belgium
July 03, 2024

Google signs new wind PPAs in Belgium

Google

Google has signed five new Power Purchase Agreements (PPAs) totaling more than 118MW to procure wind energy in Belgium from Engie. Google will procure another 92MW from a Belgian wind farm in operation for eight years.Vincent Verbeke, CEO of Engie Belgium, said: “We are pleased to partner with...

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Read Iliad founder submits $4.1bn Millicom bid
Iliad founder submits $4.1bn Millicom bid
July 02, 2024

Iliad founder submits $4.1bn Millicom bid

France

French billionaire Xavier Niel has submitted a bid for Latin American telecoms group Millicom that values the carrier at $4.1 billion through his investment vehicle, Atlas Investissement.In a statement, Atlas said that its offer will ensure the company can expand its reach. "The purpose of the...

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Read Nvidia ex- exec Simona Jankowski appointed CFO of Lightmatter
Nvidia ex- exec Simona Jankowski appointed CFO of Lightmatter
July 02, 2024

Nvidia ex- exec Simona Jankowski appointed CFO of Lightmatter

United States

Nvidia’s former VP of investor relations and strategic finance, Simona Jankowski, has been appointed CFO of photonic computing company Lightmatter after leaving Nvidia after almost seven years with the company. Before her time at Nividia, she was a managing director at Goldman Sachs for over a...

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Read Queen Mary University of London to reuse heat from data center
Queen Mary University of London to reuse heat from data center
July 02, 2024

Queen Mary University of London to reuse heat from data center

United Kingdom

Queen Mary University of London in the UK is planning to reuse waste heat from its data center as part of a refurbishment project for the Joseph Priestley Building on the campus. Queen Mary president and principal Colin Bailey said: “By harnessing waste heat and minimizing our carbon footprint...

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Read Axelera AI raises $68m in Series B funding round
Axelera AI raises $68m in Series B funding round
July 01, 2024

Axelera AI raises $68m in Series B funding round

Netherlands

Netherlands-based Edge AI chip startup Axelera AI has raised $68 million in its oversubscribed Series B funding round which included participation from the European Innovation Council Fund, the Innovation Industries Strategic Partners Fund, Samsung Catalyst Fund, and Verve Ventures.“There’s no...

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Read Rakuten launches mobile services using 700 MHz band
Rakuten launches mobile services using 700 MHz band
July 01, 2024

Rakuten launches mobile services using 700 MHz band

Japan

Japan's Rakuten Mobile has confirmed the launch of commercial services via the 700 MHz spectrum called the “platinum band” which was allocated by the country's Ministry of Internal Affairs and Communications.In a recent announcement, the company noted that it has rolled out commercial services...

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Read Spark to build a data center on Auckland's North Shore
 Spark to build a data center on Auckland's North Shore
June 29, 2024

Spark to build a data center on Auckland's North Shore

New Zealand

New Zealand telco Spark will be teaming up with global surf park creator Aventuur to build a data center on Auckland's North Shore that will heat a nearby surfing lagoon. The data center will use a heat exchange system to send excess heat to a nearby surfing lagoon and will be partially powere...

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Read AQ Compute breaks ground on 60MW data center campus in Barcelona, Spain
AQ Compute breaks ground on 60MW data center campus in Barcelona, Spain
June 29, 2024

AQ Compute breaks ground on 60MW data center campus in Barcelona, Spain

Spain

AQ Compute has broken ground on its 60MW data center campus in Spain and has begun construction work on the new site located in the Parc de l’Alba (Cerdanyola del Vallès) in Barcelona. The data center, dubbed AQ-BCN1, will eventually have an IT capacity of 60MW with cooling capabilities for hi...

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Read CBRE to merge its project management business
CBRE to merge its project management business
June 29, 2024

CBRE to merge its project management business

United States

Real estate and investment firm CBRE has revealed plans to merge its project management business with its majority-owned subsidiary, Turner and Townsend (T&T). Following this merger, CBRE will own 70 percent of the combined T&T/CBRE project management business, with the T&T partner...

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Read Nokia acquires Infinera for $2.3bn
Nokia acquires Infinera for $2.3bn
June 28, 2024

Nokia acquires Infinera for $2.3bn

United States

Nokia has entered a definitive agreement to acquire optical networking vendor Infinera for $2.3 billion with an understanding to make at least 70 percent of the payment in cash, and the overall deal including the repurchase of the $760 million in convertible notes owned by Infinera.“In 2021 we...

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Read Gulf Edge partners with Google Cloud for sovereign cloud in Thailand
Gulf Edge partners with Google Cloud for sovereign cloud in Thailand
June 28, 2024

Gulf Edge partners with Google Cloud for sovereign cloud in Thailand

Thailand / Prathet Thai

Google Cloud has partnered with Gulf Edge Company Limited to develop a sovereign cloud offering in Thailand which will enable customers to meet data residency, security and privacy requirements in Thailand, and will also provide access to artificial intelligence (AI) and analytics capabilities...

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Read Google Cloud to provide private cloud region and colocation facility for CME Group
Google Cloud to provide private cloud region and colocation facility for CME Group
June 28, 2024

Google Cloud to provide private cloud region and colocation facility for CME Group

Illinois

Google Cloud is providing a private cloud region for financial services company CME Group in Aurora, Illinois which will host a specialized platform to support global trading of CME's futures and options markets and will provide traders with access to a cloud-based low-latency network and high...

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Read Nokia sells submarine unit to French State
Nokia sells submarine unit to French State
June 27, 2024

Nokia sells submarine unit to French State

France

Telecoms OEM Nokia announced today that it has entered an agreement to sell Alcatel Submarine Networks (ASN) to the French State, represented by the Agence des Participations de l'Etat (APE) in a deal which is expected to close at the end of 2024 or the beginning of 2025.Alain Biston, presiden...

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Read Energy Cluster Denmark and Aalborg University to work together for heat reuse project
Energy Cluster Denmark and Aalborg University to work together for heat reuse project
June 27, 2024

Energy Cluster Denmark and Aalborg University to work together for heat reuse project

Denmark

Energy Cluster Denmark, Aalborg University, Heatflow, and R&R Consult have teamed up on a data center heat reuse project in Denmark which seeks to reduce power consumption, cool data center servers CO2-neutrally, and send surplus heat to the district heating network and local buildings.Paw...

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Read Metrobloks raises $5.2 million in funding round
Metrobloks raises $5.2 million in funding round
June 27, 2024

Metrobloks raises $5.2 million in funding round

New York

Metrobloks, a new data center startup focused on metro projects this week announced an oversubscribed $5.2 million seed round led by Current Equity Partners with the backing of Serena Capital. The company noted that it designs, deploys, and operates modular and scalable data centers in underse...

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Read Microsoft acquires plots of land for data center campus outside Leeds
Microsoft acquires plots of land for data center campus outside Leeds
June 27, 2024

Microsoft acquires plots of land for data center campus outside Leeds

United Kingdom

Microsoft has acquired  48 acres of land at Harworth's Skelton Grange site in Leeds for £106.6 million for a data center development. The deal comprises two adjacent plots, the first plot  27 acres and sold for £52.9 million and the second totals 21 acres and will be sold for £53.2 million.“Si...

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Read Australia's CSIRO launches Virga supercomputer
Australia's CSIRO launches Virga supercomputer
June 27, 2024

Australia's CSIRO launches Virga supercomputer

Australia

Australia's national science agency CSIRO has launched its Virga high-performance computing (HPC) cluster which comprises of  Dell PowerEdge XE9640 servers containing Intel Xeon processors, Nvidia H100 Tensor Core GPU accelerators with 94GB of high-bandwidth memory per GPU, and a Nvidia Transf...

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Read Yotta to go public via SPAC merger
Yotta to go public via SPAC merger
June 26, 2024

Yotta to go public via SPAC merger

India / Bhārata

Indian data center firm Yotta, the data center unit of Nidar Infrastructure Limited is to go public on the Nasdaq following a definitive merger agreement with Cartica Acquisition Corp. "Through its Yotta data centers, Nidar is India's leading data center provider for AI and high-performance co...

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