Data Center News

Lumen, a US telco, loses $8.74bn due to non-cash impairment

In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization ...

August 03, 2023

Lumen Technologies

Microsoft has submitted plans to construct two data centers in San Jose, California

Microsoft has applied to construct two data centers in San Jose, California. On August 17, the San Jose Council Planning Division will convene to discuss Microsoft's plans for a 65-acre site at 1657 Alviso-Milpitas Road. The company seeks permission to remove 79 trees to construct two single-s...

August 03, 2023

Microsoft Azure

Stack Infrastructure concludes its second $250 million debt financing of 2023

$250 million in securitized notes have been issued as part of Stack Infrastructure's second round of structured debt financing for 2023. The funding round began a month ago with an initial goal of raising $100 million, which has since more than doubled. Since 2019, Stack has raised $2.3 billio...

August 02, 2023

STACK INFRASTRUCTURE

George Mason University and AWS jointly develop a data center engineering course

A data center engineering course is being created by George Mason University in Fairfax County, Virginia, and Amazon Web Services (AWS). The faculty of Mason's College of Engineering and Computing will offer the course, which will be titled ME/ECE 499: Data Center Engineering. It will be acces...

August 02, 2023

Amazon AWS

Mubadala makes an investment in Aligned Data Centers and acquires a minority stake

Mubadala Investment Company, the sovereign investment branch of Abu Dhabi, has invested in Aligned Data Centers. Mubadala will become a minority shareholder in the U.S. company, although the scale of the investment was not disclosed. Macquarie Asset Management remains the majority shareholder ...

August 02, 2023

Aligned

AWS launches its local zone edge location in Phoenix, Arizona

Amazon Web Services (AWS) has announced the launch of a Local Zone Edge location in Phoenix, Arizona. The general availability of a Local Zone in Phoenix was first announced back in January 2022. It was known then as us-west-2-phx-1a, which appears to have now been replaced by the new us-west...

August 01, 2023

Amazon AWS

Vodafone extends its European Edge presence to Spain using 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...

August 01, 2023

Amazon AWS

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

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 ...

August 01, 2023

QTS Data Centers

WeTransfer cut server emissions by 78 percent in 2022

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...

July 31, 2023

Amazon AWS

Microsoft increases data center and AI compute capex

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...

July 28, 2023

Microsoft Azure

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

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...

July 28, 2023

Google

Digital Realty sells TPG Real Estate 80% of Northern Virginia data centers stake for $1.3bn

TPG Real Estate now owns 80% of three Digital Realty data centers in the US state of Virginia's Northern Virginia. Digital will continue to oversee the daily operations of the joint venture's facilities. The data center business aims to utilize the $1.3 billion in proceeds from the transaction...

July 28, 2023

Digital Realty Trust

KPMG will invest $2 billion with Microsoft in AI and cloud services

KPMG plans to invest $2 billion over the next five years in artificial intelligence (AI) and cloud services in partnership with Microsoft. The global expansion of the 'Big Four' accounting firm's relationship with Microsoft is anticipated to generate up to $12 billion in revenue over the next ...

July 28, 2023

Microsoft Azure

Microsoft intends to invest $230 million in an additional data center in San Antonio, Texas

Microsoft intends to construct another data center in the San Antonio, Texas, region. The corporation stated in applications with the Texas Department of Licensing and Regulation, initially reported by the San Antonio Business Journal, that the project would cost $230 million.The company inten...

July 28, 2023

Microsoft Azure

Google’s Water Consumption in Data Centers Soars by 20%

The 2023 Google environmental report shows a considerable increase in data center water consumption. The company consumed an astounding 5.6 billion gallons of water in 2022, of which 5.2 billion were used solely for data centers. Compared to the previous year, this is 20% higher. Large data ce...

July 27, 2023

Google

QTS acquires 400 acres in South Carolina's York County

A new campus for its data centers is being built by QTS on 400 acres of land in York County, South Carolina. Citing York County real estate documents, BizJournal reports that two entities linked with QTS Realty Trust LLC have acquired nearly 400 acres off S.C. Highway 274 for more than $11.2 m...

July 27, 2023

QTS Data Centers

Microsoft pushes forward with data center projects in Brazil

Microsoft has shared its plans for further expansion in Brazil, with a new data center in the Campinas area of São Paulo state, Brazil. Located in Hortolândia, details on the facility obtained by BNAmericas, reveal the giant’s plans for the installation of a data center on greenfield land wit...

July 26, 2023

Microsoft Azure

Reliance joins Brookfield and Digital Realty's Indian data center JV

Reliance Industries, the largest business group in India, revealed that it would join Mercury Holdings SG Pte, the current joint venture between Brookfield Infrastructure and Digital Realty, to construct data centers in India. By acquiring a 33,33 % stake in the existing JV, Reliance Industrie...

July 26, 2023

Digital Realty Trust

Stack Infrastructure intends to raise $100 million in secured notes

Stack Infrastructure seeks to raise $100 million by issuing securitized notes. After raising $250 million in March, this will be Stack's second fundraising round this year and sixth overall. It will begin on July 24.The notes have received an A-2 rating from S&P Global. This is presently s...

July 26, 2023

STACK INFRASTRUCTURE

Google's data center plans in Uruguay spark outrage as country faces water crisis

Uruguay is currently battling a water crisis, facing its worst drought in more than 70 years. The country has now experienced years of low rainfall, something which is likely to only continue as climate change exacerbates the issue. However, it's not just the result of climate change, accordin...

July 21, 2023

Google

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