June 12, 2024 Amsterdam
Fintech executives are concerned about the rise of artificial intelligence (AI) increasing banks' reliance on the big US tech firms. At a gathering in Amsterdam last week, some executives suggested that the sector will increasingly have to turn to the likes of Google Cloud Platform, Amazon Web...
Read more
June 08, 2024 Microsoft Azure
Microsoft has revealed its plans to build a 245,000-square-foot data center on 489 acres at the Radius Industrial Park in La Porte with a $1 billion investment.“Indiana is committed to being a central hub in the global economy of the future, and this latest announcement ensures Hoosier...
Read more
June 07, 2024 Norway
Real estate investment management firm BentallGreenOak has invested another €350 million ($380m) into Nordic data center operator Bulk which will be used to ‘accelerate Bulk’s growth plans.’“The latest investment by BGO will fuel our ambitions to shift the gravity for global and European large...
Read more
June 04, 2024 Sweden
BT's new CEO Allison Kirkby this week called for the UK to improve its existing telecoms infrastructure. Kirkby, who joined the company earlier this year from Swedish telco Telia, also said that the Nordics is "way ahead" of the UK in telecoms infrastructure."What I would say is Scandinavia is...
Read more
June 03, 2024 Microsoft Azure
Microsoft is reportedly nearing a multi-million-euro agreement with cloud lobby CISPE- also known as Cloud Infrastructure Services Providers in Europe to put an end to its antitrust complaint according to news first reported by Politico. However, a CISPE representative denied the claims to...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
May 10, 2024 Atlanta
Atlanta City Councilmen Jason Dozier and Matt Westmoreland have introduced bills to block data center developments around certain areas of the Georgia city near transit stops and the Beltline. “Excited to introduce legislation alongside Matt Westmoreland to address the rapid growth of data...
Read more
May 08, 2024 Norway
A new GPU cloud provider Nscale which relies on AMD hardware has announced its official launch and is now offering services based on AMD’s Instinct MI300X GPU accelerators from a cryptomining firm and sister company Arkon Energy’s data center in Glomfjord, Norway. “Over the coming years, AI will...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
April 15, 2024 London
Satellite firm Viasat last week officially launched its new office, at 50 Finsbury Square in London, as the combined offices of both Viasat and Inmarsat, the rival vendor it acquired last year. The new 121,000 square feet site includes new satellite, network, and cyber operations centers for the...
Read more
April 09, 2024 Singapore
Alibaba has revealed that it is now slashing its prices by as much as 59 percent for customers "from the US to Singapore." This comes shortly after the company's March 2024 announcement that it would be cutting cloud costs for its Chinese customers by up to 55 percent with the hope of winning...
Read more