May 06, 2024 Microsoft Azure
Microsoft has signed the world’s largest carbon capture deal with Stockholm Exergi to remove carbon from an upcoming biomass plant in Sweden. The deal will cover 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. “We are...
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May 01, 2024 Amazon AWS
Amazon has revealed plans to develop data centers at a renewable energy business park in County Offaly, Ireland.AWS will become the first business to develop at the Bord na Móna Eco Energy Park in County Offaly, where it will leverage the energy produced by Bord na Móna's renewable developments...
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May 01, 2024 Microsoft Azure
Microsoft has entered an agreement to invest an estimated $10 billion in renewable electricity projects to be developed by Brookfield Asset Management. The “global framework agreement” signed by the cloud company is a commitment to bring 10.5 gigawatts of generating capacity online. “Microsoft...
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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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May 01, 2024 Microsoft Azure
Microsoft has revealed plans to build cloud and AI infrastructure in Thailand, including a data center region as part of its digital infrastructure commitment to expand the availability of the company's hyperscale cloud services. At the Microsoft Build AI Day in Bangkok, Microsoft CEO Satya...
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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 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 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 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 26, 2024 Google
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...
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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 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 22, 2024 Google
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...
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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 11, 2024 Google
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 Digitization...
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April 08, 2024 Google
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...
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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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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 04, 2024 Google
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...
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