Data Center News

Blackstone and QTS to build data centers worth $8bn for "once in a generation" AI growth

QTS Data Centers

The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its ...

Two data centers secure a $15 million loan in Cape Verde

Africa

The island nation of Cape Verde (Cabo Verde) in Africa has been granted a loan to construct two new data centers. This week, the African Development Bank (ADB) and the government of Cabo Verde announced the signing of a loan agreement for $15.3 million to improve the Cabo Verde Technology Park...

AMD will spend $135 million on chip R&D in Ireland

Over the next four years, AMD intends to invest $135 million in Ireland. The money will go toward studying and creating data centers, networking, 6G, and generative AI technologies. In addition, the company is anticipated to employ approximately 290 engineers and researchers in the country to ...

AMD will invest $400 million in a new India facility

India / Bhārata

Over the next five years, AMD plans to invest approximately $400 million in India. With this investment, a new AMD campus will be constructed in Bengaluru (Bangalore), Karnataka. This will be the company's largest design center, and it is anticipated that approximately 3,000 new engineering po...

Toyota looks to sell KDDI shares worth $1.8 billion

KDDI

Toyota Motor Corporation intends to sell a roughly $1.80 billion stake in KDDI Corporation as part of a share buy-back deal.  Reuters reports that the Japanese automaker wants to raise funds to accelerate vehicle electrification. Toyota's stake in the Japanese telco would decrease from 14.68 p...

Dell'Oro: AI growth will drive data center capex to $500bn by 2027

The analyst firm Dell'Oro Group forecasts that data center capital expenditures will surpass $500 billion by 2027 due to AI infrastructure expenditures. As the market undergoes digestion, the group predicts that cloud and enterprise expenditure growth will decelerate in the near future.Despite...

Accelevation Holdings establishes a business unit focused on data centers

Accelevation Holdings has established a new business entity focused on data centers. Conatech and Instor Solutions, two recently acquired subsidiaries, will be combined to form the Accelevation Data Center Business Unit.Accelevation will integrate the white space installation and project manag...

Vodafone extends its European Edge presence to Spain using AWS

Amazon AWS

In collaboration with Amazon Web Services (AWS), Vodafone Business has implemented Multi-access Edge Computing (MEC) in Spain. After launching the service in Germany and the United Kingdom two years prior, introducing the pilot service in Spain expanded its European footprint. Spain is the mos...

CommScope will invest $60.3 million to expand its fiber manufacturing facility

Over the next four years, CommScope intends to invest $60,3 million to expand its manufacturing facilities in North Carolina. The telecommunications equipment supplier stated that the increased production will generate at least 250 new employment.The investment comes at a crucial moment for th...

AirTrunk has submitted plans for a 320MW facility in Sydney, Australia

AirTrunk

AirTrunk has filed for its Sydney, Australia, SYD3 data center campus. After purchasing the land in 2021, the company has submitted plans to the New South Wales Department of Planning for a 320MW data center spanning 1.3 million square feet across seven stories.The property in question cost $7...

Cellnex contemplates selling a stake in its Nordic enterprises

Nordics

Cellnex is contemplating the sale of a minority stake in its Nordic operations, which could fetch up to $1.11 billion. Reuters reported last week that Cellnex would use the earnings to pay down debt, according to sources familiar with the matter.Reuters reported that Cellnex is collaborating w...

Cyxtera refuses leases at two data centers in Silicon Valley owned by Prime

Cyxtera Technologies

Cyxtera plans to decline leases for two data centers held by Prime DC in Santa Clara, California. In June, Cyxtera filed for Chapter 11 bankruptcy due to continuing losses and upcoming debt maturities. The organization is seeking a buyer or new investor. According to DgtlInfra, Cyxtera intends...

The UK government to commit an additional $51 million for 5G

United Kingdom

The British government has committed $51 million to nationwide 5G innovation. The government announced on July 31 that funding applications are now being accepted. According to the government, the investment is intended to accelerate innovation in industries such as advanced manufacturing, tra...

Greenpixie awarded £50,000 grant to track data center emissions

Greenpixie, a London-based startup that calculates emissions data for companies that use cloud computing in data centers has been awarded a £50,000 ($64k) grant to track data center emissions. The UK Government grant is provided through Innovate UK, the UK's national innovation agency. The com...

WeTransfer cut server emissions by 78 percent in 2022

Amazon AWS

WeTransfer has said it cut its server emissions by 78 per cent in 2022. This comes following the company's 2020 pledge to reduce its emissions by 30 percent by 2025, and its migration to AWS in 2011. The company reportedly achieved "carbon-neutral certification," after using AWS' Customer Carb...

Proximus considering €300m data center purchase

The Belgian telecommunications company Proximus is contemplating the sale of its data center unit for approximately €300 million ($329 million). According to Reuters, the company has hired bankers to start working on a sale, which could be used to finance the rollout of 5G and fiber networks. ...

Since 2019, GoDaddy has left 29 data centers

GoDaddy has closed 29 enterprise data centers since 2019 to streamline its data center footprint. The company said it consolidated its presence to reduce Scope 1 and 2 emissions. GoDaddy pledged to cut Scope 1 and 2 GHG emissions by 50% by 2022 from a 2019 baseline. Data centers drove GoDaddy'...

Google data center initiatives postponed, but increases in AI compute expenditure made

Google

Alphabet reported quarterly sales of $74.6 billion, an increase of 7% from the same period last year.  Profits increased by 15% to $18.4 billion. While advertising sales drove the majority of the company's development, cloud sales increased by 28 % to $8 billion. Google Cloud reported its seco...

Microsoft increases data center and AI compute capex

Microsoft Azure

This past quarter, Microsoft's capital expenditures increased to $10.7 billion as the company reported spending significantly on data centers, computing, and networking. The company announced that spending would increase each quarter throughout fiscal 2024, already higher than the $7.8bn capit...

Costs projected to rise as meta capex for data centers, servers, and networks reaches $6.4 billion

Meta

In the last quarter, Meta's capital expenditures reached $6.4 billion due to investments in data centers, servers, and network infrastructure. This is a decrease from the $7.1 billion the company spent in the previous quarter, but the Facebook proprietor is now done with a data center restruct...