May 13, 2024 Amazon AWS
Amazon Web Services (AWS) has been selected to host O2 Telefónica Germany's 5G Standalone (5G SA) network as the telco confirmed that it has launched its 5G Cloud Core, built entirely in the cloud, using technology from vendors Nokia and AWS. “We are building our network of the future. With the...
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May 11, 2024 Microsoft Azure
Te Tumu Paeroa, the office of the Maori Trustee, has signed an agreement to become the anchor tenant of Microsoft's upcoming New Zealand cloud region. The agreement with Microsoft and associated cloud migration is hoped to help landowners recover from major weather events more quickly, support...
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May 10, 2024 Microsoft Azure
Microsoft this week has finalized its carbon removal project with Re green in a deal which will fund the restoration of more than 16,000 hectares of degraded pastureland across Brazil (over half of which is already acquired with restoration activities underway), including in the States of...
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May 07, 2024 Microsoft Azure
Microsoft revealed this week that it has entered into a long-term deal to offtake the output of the newly commissioned Lenalea Wind Farm near Letterkenny, County Donegal. "At Microsoft, we are committed to playing our part in supporting the decarbonization of energy grids in markets in which we...
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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 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 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 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 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 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 Sweden
Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milestone...
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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 atNorth
IT services provider Advania and colocation company atNorth have agreed to a deal that will see Advania take extra capacity at atNorth’s ICE03 site in Iceland, a 12MW data center in Akureyri that opened last year. A statement from both companies noted that “The expansion onto the ICE03 campus...
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March 26, 2024 Sweden
Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as...
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March 26, 2024 Sweden
Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...
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