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 12, 2024 Microsoft Azure
Edge computing firm Armada has closed $40 million in funding led by M12, Microsoft’s venture fund. As part of the deal, Armada’s offerings will be made available on the Azure Marketplace.“This investment propels our total funding to over $100m and marks a significant milestone in our journey to...
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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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July 06, 2024 Amazon AWS
Amazon has partnered with the Australian government for the development of a high-security data center that will handle top-secret information with an investment of A$2 billion to be made over the next decade. Due to the "top secret" nature of the project, neither the location nor the specifics...
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July 04, 2024 Microsoft Azure
Microsoft has announced that CCL, a provider of IT and hybrid cloud services within local telco Spark's Business Group, will be its first at-scale cloud launch partner for the upcoming New Zealand cloud region.“We’ve seen huge interest from customers in leading end-to-end cloud services,...
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June 14, 2024 Amazon AWS
Amazon Web Services (AWS) is planning to launch a cloud region in Taipei, Taiwan and also invest "billions of dollars" in the country over the next 15 years.“Today, we’re announcing that a new AWS Region will be coming to Taiwan by early 2025,” the company said in an announcement this week. “The...
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June 13, 2024 Microsoft Azure
Microsoft has signed a number of Power Purchase Agreements (PPAs) to procure renewable energy in Sweden and Denmark from European Energy. It will procure the output of six wind and solar sites in Spain from Repsol.“We are excited that Microsoft has committed itself to driving forward the green...
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June 08, 2024 Microsoft Azure
Microsoft has revealed its plans to build a 245,000-square-foot data center on 489 acres at the Radius Industrial Park in La Porte with a $1 billion investment.“Indiana is committed to being a central hub in the global economy of the future, and this latest announcement ensures Hoosier...
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June 07, 2024 Amazon AWS
Singapore-based insurer Singlife has completed its cloud migration to Amazon Web Services. The move was multi-phased and involved migrating more than 39 mission-critical applications to the cloud and exiting Singlife's data centers within 18 months.Romil Sharma, group head of technology and...
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June 05, 2024 Amazon AWS
Norwegian Cruise Line Holdings Ltd. (NCLH) has migrated its shoreside technology infrastructure to Amazon Web Services in a process which took 15 months to complete and involved moving more than 100 applications, thousands of virtual and physical servers, data center environments, and peripheral...
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June 03, 2024 Microsoft Azure
Microsoft is reportedly nearing a multi-million-euro agreement with cloud lobby CISPE- also known as Cloud Infrastructure Services Providers in Europe to put an end to its antitrust complaint according to news first reported by Politico. However, a CISPE representative denied the claims to...
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June 01, 2024 Amazon AWS
Duke Energy, Amazon, Google, Microsoft, and Nucor have signed a Memorandum of Understanding (MoU) for renewable energy development in North and South Carolina.This new MoU called "Accelerating Clean Energy" (ACE) tariffs, would help the companies to support carbon-free energy generation...
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May 30, 2024 Amazon AWS
Insurance provider FWD Group has signed a five-year cloud agreement with Amazon Web Services (AWS) which will see AWS continue to host the company's core business applications including finance, customer, and insurance agent interfaces, as part of the company's ongoing cloud migration.Sandeep...
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May 29, 2024 Amazon AWS
Amazon Web Services (AWS) in partnership with Orange has revealed plans to launch a Wavelength Zone Edge locations in Africa, one of which will be in Morocco, where Oracle has confirmed plans for two new cloud regions. Jérôme Hénique, CEO at Orange Middle East and Africa, said: “The announcement...
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May 24, 2024 Microsoft Azure
Microsoft is buying one million tons of carbon removal credits from a renewable energy company in Denmark, following its aim to invest in carbon capture technology. The tech giant will purchase the credits from Avedøre power station in Copenhagen, which is operated by energy company Ørsted, in a...
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May 24, 2024 Amazon AWS
Amazon Web Services this week announced plans to invest €15.7 billion in Spain into its AWS Europe (Spain) Region. “We are committed to supporting Spain across multiple areas," said Suzana Curic, AWS country manager, Spain and Portugal. "Beyond direct investments and jobs supported, we plan to...
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May 20, 2024 Amazon AWS
Amazon Web Services (AWS) will invest €7.8 billion ($8.47bn) in its sovereign cloud infrastructure in Germany through 2040. The Sovereign Cloud region will be AWS' first and located in the state of Brandenburg, Germany. It is expected to launch by the end of 2025. “This investment reinforces our...
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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 18, 2024 Microsoft Azure
Azure CTO Mark Russinovich recently claimed that Microsoft will be deploying the equivalent of five 561 petaflops Eagle supercomputers every single month. That would represent the equivalent of 72,000 H100 GPUs every month, spread out across the company's growing data center footprint, and a...
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May 14, 2024 Microsoft Azure
Microsoft recently announced that it will be investing $3.3 billion in the AI data center it is building in Wisconsin to “expand its national cloud and AI infrastructure capacity.” The company will also be co-funding a new solar energy project which will generate 250MW of power. Microsoft noted...
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