Data Center News

Read Atturra expands sovereign cloud in NextDC Sydney data center
Atturra expands sovereign cloud in NextDC Sydney data center

Atturra expands sovereign cloud in NextDC Sydney data center

August 05, 2024 Sydney

Australian advisory and IT solutions provider Atturra is expanding its sovereign cloud capacity with a new deployment in NextDC's S3 data center in Sydney, helping the company to meet growing demand from clients for cloud computing and storage capacity. The solutions provider will commence its...

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Read Fintech executives express concerns about increasing reliance on AI
Fintech executives express concerns about increasing reliance on AI

Fintech executives express concerns about increasing reliance on AI

June 12, 2024 Amsterdam

Fintech executives are concerned about the rise of artificial intelligence (AI) increasing banks' reliance on the big US tech firms. At a gathering in Amsterdam last week, some executives suggested that the sector will increasingly have to turn to the likes of Google Cloud Platform, Amazon Web...

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Read Viasat launches new headquarters in London
Viasat launches new headquarters in London

Viasat launches new headquarters in London

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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Read Oriole Networks raises £10 million in seed funding
Oriole Networks raises £10 million in seed funding

Oriole Networks raises £10 million in seed funding

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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Read WSI selects CDC Data Centres for digital tower deployment
WSI selects CDC Data Centres for digital tower deployment

WSI selects CDC Data Centres for digital tower deployment

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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Read WSI selects CDC Data Centres for digital tower deployment
WSI selects CDC Data Centres for digital tower deployment

WSI selects CDC Data Centres for digital tower deployment

March 12, 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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Read Segro to develop new data centers after £900 million share issue
Segro to develop new data centers after £900 million share issue

Segro to develop new data centers after £900 million share issue

February 29, 2024 London

Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said strong...

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Read Former Sungard data center is up for sale in New Jersey
Former Sungard data center is up for sale in New Jersey

Former Sungard data center is up for sale in New Jersey

February 14, 2024 New Jersey

Via RI Marketplace, Real estate firm Marcus & Millichap is offering 1008 Virgil Avenue in Ridgefield, a former Sungard data center field as up for sale via auction and bidding for this property is set to begin March 25, with $750,000 listed as a starting bid. The listing reads, “The property...

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Read Diraq secures $15 million in a Series 2-A funding round
Diraq secures $15 million in a Series 2-A funding round

Diraq secures $15 million in a Series 2-A funding round

February 14, 2024 Sydney

Quantum computing startup Diraq has raised $15 million in a Series 2-A funding round led by specialist investor Quantonation, a venture capital fund dedicated to quantum technologies, with participation from Higgins Family Investments and the University of New South Wales, Sydney. This latest...

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Read Swiss Life Asset Managers acquires major stake in Telecom Infrastructure Partners
Swiss Life Asset Managers acquires major stake in Telecom Infrastructure Partners

Swiss Life Asset Managers acquires major stake in Telecom Infrastructure Partners

January 10, 2024 London

Investment firm Swiss Life Asset Managers this week entered an agreement with London-based InfraBridge, an infrastructure investment management division of DigitalBridge Group, to acquire a co-controlling equity stake in Telecom Infrastructure Partners (TIP). Gianfranco Saladino, head of...

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Read OpenAI president Greg Brockman quits as the company fires CEO
OpenAI president Greg Brockman quits as the company fires CEO

OpenAI president Greg Brockman quits as the company fires CEO

November 20, 2023 San Francisco Bay Area

OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company...

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Read OpenAI co-founder Sam Altman fired from the company
OpenAI co-founder Sam Altman fired from the company

OpenAI co-founder Sam Altman fired from the company

November 19, 2023 San Francisco Bay Area

OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technology...

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Read Ridge purchases UK data center consultancy Concert
Ridge purchases UK data center consultancy Concert

Ridge purchases UK data center consultancy Concert

November 18, 2023 London

Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its current...

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Read ICG completes £125 million purchase of London DC portfolio
ICG completes £125 million purchase of London DC portfolio

ICG completes £125 million purchase of London DC portfolio

October 23, 2023 London

Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...

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Read Rosatom acquires a data center in development; the 36MW facility is set to open in 2024
Rosatom acquires a data center in development; the 36MW facility is set to open in 2024

Rosatom acquires a data center in development; the 36MW facility is set to open in 2024

August 14, 2023 Moscow / Москва́

The state-owned Nuclear Energy Corporation of Russia has acquired a Moscow data center. C.News.ru reports that Rosatom's Atomdata Center division has acquired a Moscow data center under construction for $237 million. The Moscow-2 facility, situated on 215,280 square feet in the Southern...

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Read Developers in San Jose, California, switch hotel plans for data center development
Developers in San Jose, California, switch hotel plans for data center development

Developers in San Jose, California, switch hotel plans for data center development

August 08, 2023 San Francisco Bay Area

Plans for an entertainment district development in San Jose, California, have been scrapped and replaced with data center plans, it has been announced. Back in 2018, developer Terra Ventures had initially pitched for development known as 'Shops @ Terra'; this would have been an entertainment...

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Read ESR secures Sustainability-Linked Loan (SLL) for Hong Kong data center development
ESR secures Sustainability-Linked Loan (SLL) for Hong Kong data center development

ESR secures Sustainability-Linked Loan (SLL) for Hong Kong data center development

August 03, 2023 Hong Kong

ESR has secured a Sustainability-Linked Loan (SLL) to develop a data center in Hong Kong, it has announced. It has closed the first SLL in Hong Kong, worth HK$1.6 billion (US$205m), which will be used to convert a building in Kwai Chung into the 21.3MW ESR Kwai Chung Data Centre HK1.The company...

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Read Thames Water considers restricting London data centers' water usage
Thames Water considers restricting London data centers' water usage

Thames Water considers restricting London data centers' water usage

July 27, 2023 London

Thames Water has announced that it is considering restricting data center water-use in London. The measure could reportedly include charging operators more at peak times and adding flow restrictors to pipes.Initially, the private utility undertook an assessment to get insight into how much water...

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Read 98MW data center facility planned outside Abbots Langley, Hertfordshire
98MW data center facility planned outside Abbots Langley, Hertfordshire

98MW data center facility planned outside Abbots Langley, Hertfordshire

July 05, 2023 London

Greystoke Land Ltd has applied to the Three Rivers District Council to demolish extant structures on a 33-hectare site north of Mansion House Farm through Bedmond Road in Abbots Langley to construct a data center campus. The company intends to construct two data center structures totaling up to...

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Read Havering Friends of the Earth raise concerns over data center plans
Havering Friends of the Earth raise concerns over data center plans

Havering Friends of the Earth raise concerns over data center plans

June 14, 2023 London

Havering Friends of the Earth has voiced concerns over an application to build a data center on Green Belt land. Digital Reef is proposing a huge data center campus in East Havering, within a new 500-acre site, with 67% of the land dedicated to an "ecology park." The company has offered the...

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