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
April 08, 2024 Singapore
Singaporean real-estate firm Asia-Pacific Strategic Investments Limited (APS) this week announced plans to acquire a 100 percent stake in Taiwanese sustainable data solutions provider, Mobii Genius Co., Ltd., for US$150 million. “Creating green data processing and storage facilities is of...
Read more
April 08, 2024 Denmark
T-Systems has been selected to operate the mainframe infrastructure of Danish IT service provider KMD from 2025 in a contract which is the largest the company has won yet in Denmark. While T-Systems handles the operation and maintenance of KMD's mainframes, KMD will be able to focus on developing...
Read more
April 04, 2024 Sweden
Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milestone...
Read more
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...
Read more
March 29, 2024 London
University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to...
Read more
March 26, 2024 Sweden
Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as...
Read more
March 26, 2024 Sweden
Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...
Read more