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 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 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 24, 2024 Digital Realty Trust
Digital Realty has revealed that it will be partnering with energy firm Enel X to roll out grid-balancing UPS systems in Ireland. The integrated battery banks, housed within Digital Realty’s Irish data centers, will relieve grid dependence on fossil fuel power plants during periods of frequency...
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April 16, 2024 Macquarie Data Centres
Australia's Macquarie Data Centres this week announced that it will be acquiring its existing Macquarie Park data center campus from Singapore's Keppel DC REIT. The companies have entered into a binding agreement which will see Macquarie acquire the existing Intellicentre 2 and Intellicentre 3...
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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 NEXTDC
Australian data center operator NextDC is seeking to raise AU$1.3 billion to fund its expansion plans. The company plans to raise the cash from existing investors via a share issue, which will allow its backers to purchase one new share in the company for every six they already own. NextDC says...
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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 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 STACK INFRASTRUCTURE
IPI-owned company Stack Infrastructure announced this week that it has broken ground on a 60MW data center expansion in Silicon Valley, California. The company plans to build two data centers to add 60MW of capacity, an advanced manufacturing facility, and a parking structure, spanning 19 acres....
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March 26, 2024 Amazon AWS
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...
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March 23, 2024 Equinix
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 least...
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March 23, 2024 Microsoft Azure
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 plant...
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March 22, 2024 Amazon AWS
Amazon this week announced that it has signed a Power Purchase Agreement (PPA) with Iberdrola to to procure the output of an offshore wind farm in the UK. The deal is to offtake 159MW from the East Anglia Three offshore wind farm – equivalent to 700GWh of energy annually. Sergio Hernández de...
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March 20, 2024 OVH Group
OVHcloud this week inaugurated what it described as the first quantum computer available from a European Cloud service provider. “We are convinced that quantum is a technology for the future and we have shown unwavering support to ensure Europe doesn’t miss the next technological revolution,”...
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