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...
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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...
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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...
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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...
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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...
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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...
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April 17, 2024 Georgia
Electric utility Georgia Power (GP) has received approval from the Georgia Public Service Commission (PSC) to increase its generation capacity with both fossil fuels and renewable energy to meet power demand from data centers. This agreement will also allow Georgia Power to contract generation...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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March 23, 2024 Microsoft Azure
Microsoft has signed a six-year carbon capture agreement with The Next 150 and its General Biochar Systems (GBS) business unit, which runs the biochar plant near the city of Guanajuato.. This agreement will see Microsoft purchase 95,000 tons of carbon dioxide removal credits from a biochar plant...
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March 19, 2024 Oslo
Norwegian telco Telenor, energy company Hafslund and investment fund HitecVision are building a data center in Oslo, Norway, via a newly formed joint venture, Skygard. These companies are to make a NOK 2.4 billion ($200m) joint investment in this data center which is already undergoing...
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March 15, 2024 Sydney
Western Sydney International Airport (WSI) has selected CDC Data Centres for its digital tower deployment. WSI will be one of the first in Australia to run a digital air traffic control tower and has partnered with CDC, Frequentis Australasia, and Airservices to develop the system. WSI will...
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March 13, 2024 Microsoft Azure
Meta has shared the details of the hardware, network, storage, design, performance, and software that make up its two new 24,000-GPU data center scale training clusters. These clusters based on Meta’s AI Research SuperCluster (RSC) are being usedto train its Llama 3 large language AI model. In a...
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