Read Intel to layoff over 15,000 staff following massive net loss
Intel to layoff over 15,000 staff following massive net loss
August 03, 2024

Intel to layoff over 15,000 staff following massive net loss

Intel

Intel has announced it will be cutting more than 15,000 jobs as part of a $10bn cost-saving plan after the company reported a net loss of $1.6 billion for Q2 2024. The company will also be cutting capex by 20 percent, and reducing non-variable cost of goods sold by roughly $1 billion in 2025. ...

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Read Google Cloud offers Y Combinator startups access to dedicated Nvidia GPU cluster
Google Cloud offers Y Combinator startups access to dedicated Nvidia GPU cluster
August 02, 2024

Google Cloud offers Y Combinator startups access to dedicated Nvidia GPU cluster

Google

Google Cloud has announced that it will be offering Y Combinator startups access to a subsidized cluster of Nvidia GPUs and Google's tensor processing units (TPUs) to build artificial intelligence (AI) models. Google will also be offering priority access to the Summer 2024 cohort of startups, ...

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Read CFS signs multi-year agreement with Microsoft for cloud and AI
CFS signs multi-year agreement with Microsoft for cloud and AI
August 02, 2024

CFS signs multi-year agreement with Microsoft for cloud and AI

Microsoft Azure

Australian wealth management fund Colonial First State (CFS) has signed a five-year agreement with Microsoft for cloud computing and artificial intelligence (AI) services which will see CFS continue to use Azure as its preferred cloud provider and deploy generative AI use cases in collaboratio...

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Read Johnson Controls in search for new CEO
Johnson Controls in search for new CEO
August 02, 2024

Johnson Controls in search for new CEO

Europe

Industrial machine manufacturer Johnson Controls this week announced George R. Oliver has decided to stand down as CEO, following “substantial progress on its portfolio transformation.” The Irish company is now on the hunt for its next CEO with the assistance of an executive search firm to hel...

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Read Microsoft signs carbon removal deal in California with 3Degrees
Microsoft signs carbon removal deal in California with 3Degrees
August 02, 2024

Microsoft signs carbon removal deal in California with 3Degrees

Microsoft Azure

Microsoft has signed a new cabon capture deal with climate solutions provider 3Degrees  to purchase more than 80,000 metric tons of carbon removals from Western Rivers Conservancy's (WRC) Blue Creek Improved Forest Management Project, located in Northern California.  "Microsoft's investment in...

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Read AIS to launch Thailand's first locally-owned cloud with Oracle Alloy
AIS to launch Thailand's first locally-owned cloud with Oracle Alloy
August 02, 2024

AIS to launch Thailand's first locally-owned cloud with Oracle Alloy

Oracle

Thailand-based mobile network operator Advanced Info Service (AIS) is launching a cloud service using Oracle Alloy which it claims will be Thailand's first locally owned and operated hyperscale cloud, known as AIS Cloud.  Somchai Lertsutiwong, chief executive officer, AIS said:  "For over 34 y...

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Read UK Government proposes data center changes
UK Government proposes data center changes
August 02, 2024

UK Government proposes data center changes

United Kingdom

The UK Ministry of Housing, Communities and Local Government is planning to propose reforms to the National Planning Policy Framework including around the development of data centers.  With regards to data centers, the proposals would reform the way that the Nationally Significant Infrastructu...

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Read Alerify acquires Pennsylvania data center
Alerify acquires Pennsylvania data center
August 01, 2024

Alerify acquires Pennsylvania data center

Pennsylvania

Recently formed colocation firm Alerify, Inc. announced this week that it will be acquiring the assets of the hosting and Internet services business of Elevated MSP which was built in 1981 and is owned by local real estate firm the Vartan Group. The two-story building totals 68,830 square feet...

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Read Alameda Healthcare Group partners with Dell for data center development in Cairo, Egypt
Alameda Healthcare Group partners with Dell for data center development in Cairo, Egypt
August 01, 2024

Alameda Healthcare Group partners with Dell for data center development in Cairo, Egypt

Africa

  Alameda Healthcare Group and Dell Technologies have signed a memorandum of understanding (MoU) for a joint data center development in Cairo. Dell will be responsible for providing the data center equipment necessary to Alameda, as well as to provide implementation services. Dell will also of...

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Read Stonepeak partners with CoreSite for Colorado data center
Stonepeak partners with CoreSite  for Colorado data center
August 01, 2024

Stonepeak partners with CoreSite for Colorado data center

Colorado (CO)

Infrastructure investment firm Stonepeak  this week announced that it has formed a joint venture with American Tower subsidiary CoreSite to develop, construct, and operate an 18MW data center in Denver.   Stonepeak is expected to hold 85 percent of the equity of the CoreSite DevCo JV, with Cor...

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Read Telecom Namibia inaugurates cable landing station in Swakopmund
Telecom Namibia inaugurates cable landing station in Swakopmund
August 01, 2024

Telecom Namibia inaugurates cable landing station in Swakopmund

Africa

Telecom Namibia has inaugurated its cable landing station in Swakopmund, Namibia, activating its capacity on Google’s Equiano subsea cable which connects Namibia to Europe via Portugal and to the rest of Africa, via Cape Town and Johannesburg.  The cable will help to build resilience in light ...

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Read Alameda Healthcare Group partners with Dell for data center development in Cairo, Egypt
Alameda Healthcare Group partners with Dell for data center development in Cairo, Egypt
August 01, 2024

Alameda Healthcare Group partners with Dell for data center development in Cairo, Egypt

Africa

 Dell will also offer advisory services to Alameda surrounding Edge computing, network infrastructure, data center core technologies, and multi-cloud solutions.The data center will be located in Cairo, and will host Alameda's digital infrastructure.Dr. Fahad Khater, chairman of Alameda Healthc...

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Read TenneT to invest up to €4.6bn in new transmission infrastructure
TenneT to invest up to €4.6bn in new transmission infrastructure
July 31, 2024

TenneT to invest up to €4.6bn in new transmission infrastructure

Netherlands

Dutch transmission system operator TenneT is looking to invest up to €4.6bn in thousands of kilometers of new transmission infrastructure across the Netherlands and Germany as it looks to update the grid.  TenneT CEO Manon van Beek said: “To achieve the 2030, 2045, and 2050 climate milestones ...

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Read Humana selects Google Cloud for its IT infrastructure
Humana  selects Google Cloud for its IT infrastructure
July 31, 2024

Humana selects Google Cloud for its IT infrastructure

Google

Humana Inc., a healthcare insurance company and Google Cloud have entered into an agreement which  will see Humana modernizing its cloud infrastructure with Google Cloud, and using the Google's artificial intelligence technologies.  Jim Rechtin, Humana CEO said: “Embracing technology solutions...

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Read Data Journey acquires Bed Bath & Beyond data center in North Carolina
Data Journey acquires Bed Bath & Beyond data center in North Carolina
July 31, 2024

Data Journey acquires Bed Bath & Beyond data center in North Carolina

North Carolina

Data Journey this week announced it has acquired the former purpose-built enterprise data center from Bed Bath & Beyond data center in Claremont, Catawba County, and has converted the facility into a colocation facility. This marks the company’s second facility acquisition, after acquiring...

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Read Transworld Associates to land 2Africa cable in Karachi, Pakistan
Transworld Associates to land 2Africa cable in Karachi, Pakistan
July 31, 2024

Transworld Associates to land 2Africa cable in Karachi, Pakistan

Pakistan

Transworld Associates (TWA) has announced it will land the 2Africa cable in Karachi, Pakistan, the world’s largest subsea cable network, and will connect 33 countries with 46 landing points in Europe and Asia. Eight partners including China Mobile International, Baobab, center3, Meta, Orange, ...

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Read AirTrunk launches Johor data center in Malaysia
AirTrunk launches Johor data center in Malaysia
July 31, 2024

AirTrunk launches Johor data center in Malaysia

Malaysia

APAC data center firm AirTrunk has launched its first campus in Johor, Malaysia and has officially commenced operations at the JHB1 data center . The facility features the company’s first deployment of direct-to-chip liquid cooling technology alongside traditional indirect evaporative cooling ...

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Read Iceotope CEO David Craig to retire in September
Iceotope CEO David Craig to retire in September
July 31, 2024

Iceotope CEO David Craig to retire in September

United Kingdom

Liquid cooling firm Iceotope has announced that CEO David Craig will be retiring, effective September 30 after spending nine years at the helm of Iceotope, previously serving as COO of McLaren Software and the founder of wind turbine developer Green Power partnership.  Nathan Blom, chief comme...

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Read Equinix acquires land for data centers in Malaysia
Equinix acquires land for data centers in Malaysia
July 29, 2024

Equinix acquires land for data centers in Malaysia

Equinix has acquired land in Cyberjaya, Malaysia to expand its data center capacity in the country and has invested RM23 million (approximately $5 million) in acquiring land in Cyberjaya, Kuala Lumpur, from Cyberview Sdn Bhd.  Dato’ Seri Amirudin Shari, Chief Minister of Selangor, said: “Selan...

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