January 07, 2025 Kyndryl
IBM and GlobalFoundries (GF) have reached a settlement in their long-running legal dispute which saw both companies claim breach of contract and misuse of trade secrets and intellectual property. The two companies said the undisclosed settlement resolves “all litigation matters” and would allow...
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November 20, 2024 Kyndryl
IBM is planning to make AMD Instinct MI300X GPUs available as a service via IBM Cloud. The GPUs will be rolled out on the platform in the first half of 2025, with the aim of improving the performance and power efficiency of generative AI models and high-performance computing applications.“As...
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October 01, 2024 Kyndryl
IBM this week announced the launch of the facility, at IBM's campus in Ehningen near Stuttgart, in a ceremony attended by German Chancellor Olaf Scholz. It is IBM's second quantum data center, featuring three systems - one based on IBM's Heron processor, alongside two other new systems that will...
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July 20, 2024 CyrusOne
CyrusOne has broken ground on a data center in Frankfurt, Germany known as FRA7. This data center , is currently being constructed on a 63,000 square meter plot at the Frankfurt Westside regeneration project managed by BEOS AG and Swiss Life Asset Managers and is set to consist of two three-story...
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July 18, 2024 CyrusOne
CyrusOne this week announced it secured a $687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data center. This data center offers 90MW across 670,000 square feet of technical space and seven data halls and the site was upgraded to water-free chillers in 2020. Eric...
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July 09, 2024 CyrusOne
Data center firm CyrusOne this week announced the closing of a $7.9 billion Warehouse Credit Facility incremental to the $1.8 billion Revolving Credit Facility financing completed in May, providing the company with approximately $9.7 billion of additional debt capital raised.“The successful...
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May 18, 2024 CyrusOne
CyrusOne has closed its $1.175 billion Series 2024-2 and 2024-3 funding round, classified as a Secured Green Collateral Bond, and is the largest ABS issuance since 2021. Series 2024-2 is expected to mature in five years, while Series 2024-3 is expected to mature in seven. Eric Schwartz, CEO of...
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May 01, 2024 Kyndryl
Japanese research institute Riken is set to deploy an IBM quantum computer at its facilities in Kobe. The quantum system – to be powered by a 133-qubit Heron processor – will be colocated and integrated with the organization’s existing Fugaku supercomputer. “Riken is committed to developing...
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April 29, 2024 Kyndryl
IBM has signed an agreement with both the Quebec government and the Canadian government to strengthen the country’s semiconductor industry. Following this agreement, IBM and the two governments invest C$187 million (US$137m) in the company’s Bromont plant in Quebec to bolster the country’s...
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April 24, 2024 Kyndryl
IBM is set to buy out HashiCorp, a vendor that makes software to help businesses manage digital infrastructure, for $6.4 billion. It will pay $35 per share for HashiCorp. The company’s stock had been trading at a price of $24.88 before the deal was announced. "Enterprise clients are wrestling...
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April 15, 2024 Lumen Technologies
Lumen Technologies has secured a contract worth about $73.6 million from the US Government Accountability Office (GAO) under the General Services Administration's Enterprise Infrastructure Solutions (EIS) program. This multi-million dollar contract will see Lumen modernize network, data, voice,...
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April 06, 2024 Kyndryl
IBM and Rensselaer Polytechnic Institute (RPI) have launched a quantum computer at RPI’s campus in New York. A chapel that the university repurposed in the 1960s, the quantum computer is be positioned next to a stained glass window and serves as a focal point of RPI’s new Curtis Priem Quantum...
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December 13, 2023 Compass Datacenters
The Prince William County staff have again recommended the denial of all three rezoning requests associated with the PW Digital Gateway data center project. This comes after two rejections of the rezoning requests by QTS and Compass in recent months. County staff said in a report, “At this point,...
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December 06, 2023 American Tower Corporation
American Tower Corporation Kenya (ATC Kenya) has demanded a down payment of KES500 million ($3.26m) and KES150m ($978k) per month from Telkom Kenya to turn back on mast sites it switched off earlier this year. Reports note that ATC had turned off 246 mast sites seven months ago and is yet to...
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December 01, 2023 CyrusOne
CyrusOne has just launched its fifth data center in Frankfurt, FRA5 located in Hanau, 25km east of Frankfurt's city center. This new campus, spanning 18,000 square meters across two buildings will offer 54MW of IT capacity. The launch ceremony hosted by Carsten Schneider was attended by Lord...
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November 16, 2023 CyrusOne
Colocation company CyrusOne recently completed the shell and core of its first data center in Spain and threw a traditional flag-flying ceremony to celebrate it. The MAD1 facility, situated on a five-acre site, is a two-story facility with an IT capacity of 18MW across 6,000 square meters. This...
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November 15, 2023 American Tower Corporation
American Tower's African subsidiary, ATC Africa, recently signed a communication agreement with MTN Nigeria focused on 'driving sustainable networks.' Following this agreement, ATC Africa will facilitate new tenancies for MTN Nigeria over a multi-year period, starting in the second half of next...
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November 15, 2023 CyrusOne
Colocation company CyrusOne has filed with the Texas Department of Licensing and Regulation to build a new data center for the 'CyrusOne SAT 8 & 9' project in San Antonio, Texas. The application notes that the company intends to invest $15 million in building a two-story data center and...
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November 10, 2023 Lumen Technologies
The US Defense Information Systems Agency has awarded Lumen Technologies a $110 million contract to provide mission-critical network services to the US Department of Defense (DoD). This contract has a timeline of five years, from November 30, 2023, through September 30, 2028. This contract is an...
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November 07, 2023 Flexential
Content Delivery Network (CDN), security, and Edge computing company Cloudflare has blamed its November 2 service disruption on a power failure at a Flexential data center in Hillsboro, Oregon. "On November 2 at 08:50 UTC, Portland General Electric (PGE), the utility company that services PDX-04,...
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