Read TECfusions secures $300m loan for Virginia data center expansion
TECfusions secures $300m loan for Virginia data center expansion
November 20, 2024

TECfusions secures $300m loan for Virginia data center expansion

Virginia

TECfusions has secured over $300 million to be used for the development and expansion of its Virginia site. In response to “urgent capacity needs” from a key tenant, gradual funding began in January 2024 and has now been solidified in a formal loan agreement, which includes the cumulative moni...

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Read Colovore to expand footprint of liquid-cooled colocation data centers beyond Silicon Valley
Colovore to expand footprint of liquid-cooled colocation data centers beyond Silicon Valley
November 20, 2024

Colovore to expand footprint of liquid-cooled colocation data centers beyond Silicon Valley

Chicago

Colovore is to expand its footprint of liquid-cooled colocation data centers beyond Silicon Valley and into Reno and Chicago. The company this week announced its second facility in Santa Clara, California, will open next month, and confirmed the locations of its next two sites.“We are staying ...

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Read Oracle Database@Azure expands footprint
Oracle Database@Azure expands footprint
November 20, 2024

Oracle Database@Azure expands footprint

Oracle

Oracle has expanded its Database@Azure footprint to include Brazil South and Italy North regions. Oracle and Microsoft aim to add a further 24 regions by the end of 2025, as well as 11 disaster recovery-only Azure regions.“Oracle Databases running on Exadata have been powering mission-critical...

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Read Nationwide migrates on-premises IT Estate to HPE GreenLake cloud
Nationwide migrates on-premises IT Estate to HPE GreenLake cloud
November 20, 2024

Nationwide migrates on-premises IT Estate to HPE GreenLake cloud

United Kingdom

UK-based bank and building society Nationwide has migrated its on-premises IT Estate to HPE GreenLake cloud. GreenLake is HPE's Edge-to-cloud solution, and sees HPE servers and storage deployed on-premises with cloud-like capabilities.“In today’s world our customers expect us to deliver an alw...

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Read Colt signs $1.7bn joint venture in India
Colt signs $1.7bn joint venture in India
November 19, 2024

Colt signs $1.7bn joint venture in India

Colt Data Centre Services

Colt Data Centre Services and family-owned alternative asset owner RMZ this week announced a 50:50 joint venture to invest $1.7 billion in the Indian data center market. The companies this week said the investment will initially focus on expediting development at Colt’s existing sites in Navi ...

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Read Yondr Group launches data center in Northern Virginia
Yondr Group launches data center in Northern Virginia
November 19, 2024

Yondr Group launches data center in Northern Virginia

Yondr Group

Yondr Group has launched its first data center in Northern Virginia. Having broken ground on the facility in 2022, the first phase is now operational at what will eventually be a two-building campus with 96MW of IT capacity. Chad Stanley, senior construction director for the Americas said: “No...

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Read DoD outlines private 5G network strategy
DoD outlines private 5G network strategy
November 18, 2024

DoD outlines private 5G network strategy

United States

The US Department of Defense (DoD) has outlined its strategy for the deployment of private 5G networks at military installations.In a document released this month, the DoD revealed that its strategy would seek to bring private open RAN 5G networks to US military bases.The DoD said that it sign...

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Read Oxide Cloud Computer to be installed at LLNL
Oxide Cloud Computer to be installed at LLNL
November 18, 2024

Oxide Cloud Computer to be installed at LLNL

California

Oxide Computer Company and the Lawrence Livermore National Laboratory (LLNL) are teaming up to bring on-premises cloud capabilities to the LLNL supercomputing center. The startup will be deploy its rack-scale Oxide Cloud Computer at LLNL's high performance computing (HPC) center in Livermore, ...

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Read Bouygues Telecom acquires MVNO La Poste Telecom
Bouygues Telecom acquires MVNO La Poste Telecom
November 18, 2024

Bouygues Telecom acquires MVNO La Poste Telecom

Bouygues Telecom has announced the completion of its acquisition of MVNO La Poste Telecom from La Poste Group and rival French telco SFR Group. La Poste Group revealed in a statement that the transaction amounts to a value of €950 million ($1bn), with the figure split between La Poste Group an...

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Read ADIB invests billions into DeepGreenX for green data center development
ADIB invests billions into DeepGreenX for green data center development
November 18, 2024

ADIB invests billions into DeepGreenX for green data center development

Asia-Pacific (APAC)

The Asia Development and Investment Bank (ADIB) has announced a strategic equity investment in DeepGreenX, a green energy and technology firm. ADIB will provide the firm with $140 billion of engineering, procurement, construction, and data management projects and exclusive placement and manage...

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Read Google DeepMind refutes criticism of AI chip design platform AlphaChip
Google DeepMind refutes criticism of AI chip design platform AlphaChip
November 18, 2024

Google DeepMind refutes criticism of AI chip design platform AlphaChip

Google

Google DeepMind has published a research paper hitting back at criticism of its AI chip design system AlphaChip. That paper claimed that AlphaChip was able to save thousands of hours of human effort for each new generation of Google TPU AI accelerator, and was already being used by the company...

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Read Alibaba Cloud revenue up 7% for the quarter
Alibaba Cloud revenue up 7% for the quarter
November 18, 2024

Alibaba Cloud revenue up 7% for the quarter

China

China's Alibaba Group saw its cloud computing business revenue grow by seven percent during Q3 2024. According to Alibaba CFO Toby Xu, AI-related product revenue has achieved triple-digit year-over-year (YoY) growth for the fifth consecutive quarter, which "triggers" more demand for the compan...

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Read CoreWeave secures another $650m investment
CoreWeave secures another $650m investment
November 16, 2024

CoreWeave secures another $650m investment

GPU cloud provider CoreWeave has closed a minority investment of $650 million. The latest investment round was led by investors Jane Street, Magnetar, Fidelity Management & Research Company, and entities administered by Macquarie Capital."The support from some of the leading financial inst...

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Read Lennox launches standalone data center business
Lennox launches standalone data center business
November 16, 2024

Lennox launches standalone data center business

Air conditioning and heating firm Lennox has launched a standalone data center business which will enable the company to expand its offerings to include sustainable and innovative cooling solutions and services for the data center market across Europe, the Middle East, and Africa.The data cent...

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Read Cogent converts more Sprint switch sites to colocation data centers
Cogent converts more Sprint switch sites to colocation data centers
November 15, 2024

Cogent converts more Sprint switch sites to colocation data centers

Fiber firm Cogent Communications has converted another nine Sprint switch sites to colocation data centers, and is exploring selling a large portion of its newly refurbished data center capacity on a wholesale basis.T-Mobile sold its Wireline business to Cogent Communications for just $1 in Se...

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Read Airbus to develop Gaia-X data space
Airbus to develop Gaia-X data space
November 15, 2024

Airbus to develop Gaia-X data space

Finland

Aerospace giant Airbus is aiming to move all of its data-sharing capabilities to a Gaia-X data space. The company announced its plans at the Gaia-X Summit 2024 in Helsinki, Finland, explaining that it hopes to increase transparency with its massive network of suppliers.According to Catherine J...

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Read Telecom Egypt and Vodafone Egypt sign multiple infrastructure deals
Telecom Egypt and Vodafone Egypt sign multiple infrastructure deals
November 15, 2024

Telecom Egypt and Vodafone Egypt sign multiple infrastructure deals

Telecom Egypt and Vodafone Egypt have signed multiple infrastructure service agreements, worth up to E£30 billion ($609 million). As part of the agreement reached, Telecom Egypt will also extend its transmission services agreement with Vodafone until 2031.“The agreements between Telecom Egypt ...

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Read Atlantic Quantum and MIT receive funding for supercomputers
Atlantic Quantum and MIT receive funding for supercomputers
November 15, 2024

Atlantic Quantum and MIT receive funding for supercomputers

United States

Atlantic Quantum has received a contract from the US Air Force to develop a quantum computer based on fluxonium qubits. The company has been given a $1.8 million Phase II STTR grant from AFWERX, the innovation arm of the US Department of the Air Force (DAF). The quantum startup will use the fu...

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Read ENEA selects Lenovo for new HPC cluster
ENEA selects Lenovo for new HPC cluster
November 15, 2024

ENEA selects Lenovo for new HPC cluster

Italy

Italy’s National Agency for New Technologies, Energy and Sustainable Economic Development (ENEA) has chosen Lenovo for its new HPC cluster, dubbed CRESCO8. It consists of 758 nodes with 2 Intel Xeon Platinum 8592+ CPUs, meaning the cluster will bring the compute power of CRESCO (Computational ...

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Read Innovate UK announces fund to support quantum projects
Innovate UK announces fund to support quantum projects
November 15, 2024

Innovate UK announces fund to support quantum projects

United Kingdom

Innovate UK, part of UK Research and Innovation (UKRI), has announced a £9.5 million ($12.2m) fund to support quantum computing and quantum network projects. Eligible UK businesses will be able to apply for a share of the funding, with projects expected to align with the UK government’s five ‘...

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