Featured
Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Verne Global
French private equity firm Ardian just purchased data center company Verne Global from Digital 9 Infrastructure. D9 bought Verne for $320 million in 2021 and has since then acquired and merged Finnish data center firm Ficolo and London’s Volta Data Centres into the Verne brand. However, D9 had...
Read more
OpenAI has hired Google’s Todd Underwood to head a new Site Reliability Engineering team focused on research and training workloads as it already has a functional team for the applied side working on inference and API products. The SRE concept originally started at Google, but has since spread...
Read more
Europe
The European Commission is currently drafting a plan to invest about €584 billion to upgrade the region's power grids. With this investment, countries will be able to handle varied renewable energy loads, modernize transmission, and improve cyber security. The draft document posted by Reuters ...
Read more
EcoDataCenter (EcoDC AB)
EcoDataCenter has revealed plans to expand its main data center and more than double its current capacity. The first phase of the EcoDataCenter 1 expansion is expected to be completed by the third quarter of 2024, and the full build out by second quarter of 2025. The expansion will bring the t...
Read more
OpenAI has hired Google’s Richard Ho as the head of hardware to lead the new division to help “influence roadmaps for hardware partners for data center networks, racks, and buildings.” Ho had spent about 9 years at Google, leading one of the company’s Cloud Tensor Processing Units projects, wi...
Read more
nexspace: Heidelberg
New colocation operator Nexspace recently unveiled its first facility in the Heidelberg Innovation Park (HIP) in Germany this month. The three-story site offers 2MW of IT load across 4,000 square meters, which is reportedly expandable to 8,000 square meters in the future. Germany’s Data C...
Read more
Australia
Australian superannuation fund Rest Super announced this week that it is investing $656 million in a data center and battery storage project from Quinbrook Infrastructure Partners in Brisbane. This investment will expose it to several assets, including solar and battery projects, green data s...
Read more
Spain
Spanish cloud company Gigas has planned to invest €3 million this year in its Oni data center in Lisbon, Portugal. The company purchased Portuguese telco Oni from MásMóvil in November 2020 for €40 million and plans to double the number of data rooms the 2,000 square meters site offers to ten, ...
Read more
South Africa
South African telco Telkom, which spun off its telecom towers and mast into a separate division in 2021, is looking to sell the assets to unlock more value in the business. The operator is now in exclusive negotiations over selling its masts and towers business, Swiftnet. The company mentioned...
Read more
Europe
Swedish network vendor Telco OEM Ericsson announced that it has issued its first-ever green bond, a €500 million bond with a maturity of four-and-a-half years issued under Ericsson's Euro Medium Term Note Program (EMTN). Carl Mellander, Ericsson’s CFO said, “The successful placement of this g...
Read more
China
British chipmaker Graphcore has announced that it will pull out of China in the face of US export controls. The chipmaker is now letting go of most of its staff in China and discontinuing business there. This is another setback to the company, which is already struggling as it revealed in Octo...
Read more
Germany / Deutschland
Germany’s Hauck Aufhäuser Lamp Privatbank announced that its real estate investment management unit is launching a €300 million fund for institutional investors, targeting data centers in major German cities. This is the company’s first-ever data center-focused fund. Patrick Brinker, head of ...
Read more
Microsoft Azure
Microsoft this week announced that it will be expanding its footprint in Canada with multiple new data centers with an investment of US$500 million to expand its cloud computing and AI infrastructure in Quebec over the next two years. The company notes that this investment will increase its lo...
Read more
NEXTDC
Two years after sharing initial plans, NextDC has finally begun construction at its D1 8MW data center in Australia's Northern Territory in Darwin. The site located close to the Charles Darwin University CBD campus is being constructed by Kapitol Group NT and is expected to create around 200...
Read more
Microsoft Azure
Sam Altman, who was suddenly fired by the board has “reached an agreement in principle” to return as CEO of OpenAI as nearly all of OpenAI’s employees threatened to leave the company if the board did not reverse its decision. Twitch co-founder Emmett Shear, who was appointed as interim CEO ai...
Read more
Netrality Properties
US data center operator Netrality has secured a $380 million sustainability-linked loan (SLL) to help make its data halls more energy efficient. The loan facility will be paid in US data center operator Netrality has secured a $380 million sustainability-linked loan (SLL) to help make its data...
Read more
Scala Data Centers
Latin America data center provider Scala Data Centers has issued $215 million of green debentures, marking the second largest green-tied issuance in the Brazil data center sector. The funds will be used to construct hyperscale data centers which will have an annual PUE of less than 1.45, with ...
Read more
Mayor of the Skien municipality, Marius Roheim Aarvold has said claims that Google’s upcoming data center campus in Norway will require 860MW of power to support its planned data center campus in Gromstul, Skien municipality.are false. Local press had reported that Microsoft formerly applied f...
Read more
Johannesburg
Pan-African operator Open Access Data Centers (OADC) plans to expand its data center in Johannesburg, South Africa, and has reportedly begun work on phase two expansion of its Isando facility, which is expected to be complete in Q1 2024, adding 4MW and 600 racks. Darren Bedford, group chief b...
Read more
Over 500 employees at artificial intelligence company OpenAI have threatened to quit unless the board resigns and ousted CEO Sam Altman is reinstated. A total of 505 staffers have mentioned that they will be crossing over to Microsoft, which has now hired Altman, cofounder Greg Brockman, and s...
Read more