April 29, 2024 Equinix
Colocation firm Equinix has signed long-term Power Purchase Agreements (PPAs) to procure renewable energy in Singapore fromSembcorp Industries. Following the agreements, Sembcorp Power will supply a maximum capacity of 75MWp from its solar assets and 30MW from its gas-power generation portfolio...
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April 29, 2024 Amazon AWS
Amazon Web Services (AWS) is set for an annualized revenue run rate of $100 billion as its first quarter has seen revenue of $25 billion, representing Year-on-Year (YoY) revenue growth of 17.2 percent, up from 13.2 percent in Q4 of 2023. CEO Andy Jassy told investors during the earnings call:...
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April 27, 2024 Intel
Intel has reported a net revenue loss of $400 million in the first quarter of 2024, with its Foundry business unit continuing to experience a significant downturn. CEO Pat Gelsinger said that the revenue decline for the Foundry unit was not unexpected and the company expected 2024 would see it...
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April 26, 2024 Microsoft Azure
Microsoft, during its quarterly earnings call revealed that its cloud unit surpassed $31.8 billion in revenue for the quarter, up by 24 percent YoY. This led to a 4% increase in the company’s stock market, bridging the value to $128 billion. "We have the most comprehensive cloud footprint with...
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April 25, 2024 Amazon AWS
Amazon Web Services has revealed that it is behind a planned data center in Indiana. The state overnor Eric J. Holcomb this week announced plans to invest $11 billion to build a data center campus in north central Indiana – the largest capital investment announcement in Indiana’s history....
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April 24, 2024 Microsoft Azure
Coca-Cola has made a $1.1 billion investment to use Microsoft's cloud and artificial intelligence (AI) services as part of a five-year agreement that will see Microsoft support Coca-Cola's core technology strategy systemwide. “This new agreement builds on the success of Coca-Cola’s partnership...
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April 24, 2024 Digital Realty Trust
Digital Realty has revealed that it will be partnering with energy firm Enel X to roll out grid-balancing UPS systems in Ireland. The integrated battery banks, housed within Digital Realty’s Irish data centers, will relieve grid dependence on fossil fuel power plants during periods of frequency...
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April 23, 2024 Vantage Data Centers
Vantage Data Centers has revealed that it will be spending €1 billion on a new data center campus development in Dublin. The campus will be built at Profile Park, Grange Castle, a data center hub nine miles south of Dublin which is already home to the likes of Google, Digital Realty, and...
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April 23, 2024 Intel
Oil and gas company ExxonMobil has teamed up with Intel to develop new liquid cooling technologies for data centers. The two firms say the partnership has been set up to “design, test, research, and co-develop energy-efficient cooling fluid solutions” for use with systems built on chipmaker...
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April 19, 2024 Intel
Intel revealed that it has completed the assembly of its High Numerical Aperture NA Extreme Ultraviolet (High NA EUV) lithography tool at the company’s R&D site in Hillsboro, Oregon. This tool will allow it to deliver new levels of precision and scalability in chip manufacturing, enabling the...
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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 12, 2024 EdgeConneX
This week, EdgeConneX announced it had secured an additional $1.9 billion in sustainability-linked financing to support its EMEA expansion. The company mentioned that this financing consolidates it’s portfolio across EMEA, transitioning it from “stand-alone project-based funding to a more robust...
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April 10, 2024 Vantage Data Centers
Vantage Data Centers this week announced that it will open a second Zurich campus (ZRH2) this summer. This new campus located 30 kilometers north of Zurich’s City Center in Glattfelden, will offer a total of 226,000 square feet (21,000 sqm) of space and 24MW of critical IT capacity. “Zurich is a...
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April 09, 2024 CloudHQ
Content Delivery Network (CDN) company Cloudflare suffered a second data center power failure at its core facility in Portland, Oregon, within six months. As a result of the first incident which happened in November, Cloudflare introduced ‘Code Orange’; a new process where the company shifts most...
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April 05, 2024 Amazon AWS
Amazon Web Services (AWS) has launched a cloud-based rendering service called Deadline Cloud which will enable users to deploy and scale up graphics and handle visual effects (VFX) rendering on AWS cloud infrastructure. This rendering service is aimed at customers in media and entertainment, and...
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April 02, 2024 Microsoft Azure
Microsofr this week announced that it has entered into a two 200MW Power Purchase Agreements (PPA) with Energy firm Leeward Renewable Energy (LRE) which will help it purchase the power generated from two 200MW LRE solar facilities currently under development in Texas: Morrow Lake Solar in Frio...
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April 01, 2024 Amazon AWS
Amazon has invested an additional $2.75 billion in AI startup Anthropic in a deal which marks the second round of funding provided by the cloud and eCommerce giant under a previously agreed plan to invest up to $4bn in the startup. Amazon made an initial investment of $1.25bn for a minority stake...
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March 29, 2024 STACK INFRASTRUCTURE
IPI-owned company Stack Infrastructure announced this week that it has broken ground on a 60MW data center expansion in Silicon Valley, California. The company plans to build two data centers to add 60MW of capacity, an advanced manufacturing facility, and a parking structure, spanning 19 acres....
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March 26, 2024 Amazon AWS
Denmark's Danske Bank has signed a multi-year cloud contract with Amazon Web Services (AWS). This will include systems for business, institutional and personal customers, and will see more than 16,000 physical and virtual servers, and 1,000 applications being migrated. Danske Bank said it will...
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March 23, 2024 Equinix
Short seller Hindenburg Research has accused data center REIT Equinix of "major accounting manipulations." The investigative reporting and researching company claims that Nadaq-listed Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs, by at least...
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