Data Center News

Equinix signs new solar PPAs in Singapore

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 portfoli...

April 29, 2024

Equinix

IBM signs agreement with Canadian government to strengthen the country’s semiconductor industry

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 as...

April 29, 2024

IBM Cloud

AWS on track for annualized revenue run rate of $100 billion

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: "...

April 29, 2024

Amazon AWS

Microsoft’s cloud unit’s revenue surpasses estimations by $31.8 billion

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...

April 26, 2024

Microsoft Azure

Google announces new data center campus in Indiana

Google this week revealed plans to expand its footprint in Indiana with a $2 billion data center in Fort Wayne. It also announced a collaboration with Indiana Michigan Power Company (I&M) to add clean energy to the local grid.“We are thrilled to announce our investment in Fort Wayne as the...

April 26, 2024

Google

AWS announces new campus in Indiana

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.“Indi...

April 25, 2024

Amazon AWS

Microsoft wins billion dollar contract from Coca-Cola

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 ...

April 24, 2024

Microsoft Azure

IBM to buy Hashicorp for $6.4 billion

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 w...

April 24, 2024

IBM Cloud

Google fires 28 employees following series of internal protests

Google has terminated the employment of 28 employees on Wednesday. This comes after a series of internal protests about labor conditions and the company's contract with the Israeli government and military.The protests were led by the "No Tech For Apartheid" organization. One of the protestors ...

April 22, 2024

Google

EdgeConneX secures $1.9 billion sustainable-tied financing

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 robu...

April 12, 2024

EdgeConneX

Google invests in new subsea cables

Google has revealed its plans to invest $1 billion in creating two new subsea fiber cable routes between the US and Japan which will be called Proa and Taihei and will be built by Japan's NEC Corp. In a blog post, Google revealed that the investment is in support of Google's Japan Digitizatio...

April 11, 2024

Google

Tape Ark migrates tape-based sports broadcast to Google Cloud

Tape Ark has moved a significant collection of tape-based sports video footage to Google Cloud. The cloud ingest of the collection measures over 40 petabytes of video footage. By moving it to the cloud, the broadcaster will be able save time and money on the maintenance of the collection inclu...

April 08, 2024

Google

IBM and RPI launch a new quantum computer in New York

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 ...

April 06, 2024

IBM Cloud

Amazon launches Deadline Cloud

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, a...

April 05, 2024

Amazon AWS

Google procures over 1.5GW of cleanenergy in 12 months

Google has signed more than 1.5GW worth of Power Purchase Agreements (PPAs) in the last 12 months. The company bought this amoung of clean energy through a new PPA procurement process developed in partnership with LevelTen Energy, which has now been released via the energy broker. “LEAP is hel...

April 04, 2024

Google

Microsoft signs new solar PPA in Texas

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...

April 02, 2024

Microsoft Azure

Amazon invests additional $2.75 billion in AI startup Anthropic

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 st...

April 01, 2024

Amazon AWS

Danske Bank signs new cloud agreement with Amazon

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...

March 26, 2024

Amazon AWS

Equinix accused of major accounting manipulations

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 leas...

March 23, 2024

Equinix

Microsoft signs carbon capture agreement in Mexico

Microsoft has signed a six-year carbon capture agreement with The Next 150 and its General Biochar Systems (GBS) business unit, which runs the biochar plant near the city of Guanajuato.. This agreement will see Microsoft purchase 95,000 tons of carbon dioxide removal credits from a biochar pla...

March 23, 2024

Microsoft Azure

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