Data Center News

Quantinuum signs MoU in Singapore for city-state’s quantum sector

Quantinuum has signed a Memorandum of Understanding with several Singaporean institutions to provide the city-state with access to it's H-Series and Helios quantum computers and collaborate on quantum computing use cases. Other signatories of the MoU include Singapore’s National Quantum Offic...

July 25, 2024

Singapore

Vnet founder withdraws acquisition offer

Josh Sheng Chen, co-chairperson and CEO of Chinese data center firm Vnet (formerly 21Vianet) has withdrawn his offer to acquire all outstanding shares of the company which he made in September 2022. Josh Sheng Chen said: “I withdrew my privatization proposal as I believe that maintaining Vne...

July 20, 2024

China

MCC complete the removal of banned Chinese equipment

Mediacom Communications Corporation (MCC) has said that it's on course to complete the removal of banned Chinese equipment from its network this month by its July 15 deadline."To date, 100 percent of the program has been completed across the areas of removal and replacement, and 99 percent of ...

July 10, 2024

China

KYEC to exit china following semiconductor sanctions

King Yuan Electronics Co (KYEC), one of the world's largest testing and packaging services firms, has sold its entire 92.1 percent stake in its King Long Technology (KLT) subsidiary, a manufacturing hub in the Chinese city of Suzhou as the company sets out to leave China. KYEC cites issues ari...

May 02, 2024

China

Alibaba extends cloud price cut to international customers

Alibaba has revealed that it is now slashing its prices by as much as 59 percent for customers "from the US to Singapore." This comes shortly after the company's March 2024 announcement that it would be cutting cloud costs for its Chinese customers by up to 55 percent with the hope of winnin...

April 09, 2024

Singapore

Asia-Pacific plans new data center acquisitions

Singaporean real-estate firm Asia-Pacific Strategic Investments Limited (APS) this week announced plans to acquire a 100 percent stake in Taiwanese sustainable data solutions provider, Mobii Genius Co., Ltd., for US$150 million. “Creating green data processing and storage facilities is of par...

April 08, 2024

Singapore

WSI selects CDC Data Centres for digital tower deployment

Western Sydney International Airport (WSI) has selected CDC Data Centres for its digital tower deployment. WSI will be one of the first in Australia to run a digital air traffic control tower and has partnered with CDC, Frequentis Australasia, and Airservices to develop the system. WSI will de...

March 15, 2024

Sydney

WSI selects CDC Data Centres for digital tower deployment

Western Sydney International Airport (WSI) has selected CDC Data Centres for its digital tower deployment. WSI will be one of the first in Australia to run a digital air traffic control tower and has partnered with CDC, Frequentis Australasia, and Airservices to develop the system. WSI will de...

March 12, 2024

Sydney

Telkom Indonesia consolidates Singapore data centers

Telkom Indonesia has consolidated its Singapore data centers under one umbrella unit ahead of a potential sale. The company wrote on LinkedIn that this marks a “significant milestone in our journey toward becoming a regional powerhouse in the data center industry,” “The rationale behind this ...

March 05, 2024

Singapore

Empyrion DC secures S$133 million green loan

Empyrion DC, a Singapore-based data center operator, has secured a green loan worth S$133 million (US$98 million) to refinance its SG1 Dodid data center in Singapore, with proceeds used to “support existing operations” at the 12.5MW facility. This financing was provided by the UOB bank. Mark ...

February 27, 2024

Singapore

Diraq secures $15 million in a Series 2-A funding round

Quantum computing startup Diraq has raised $15 million in a Series 2-A funding round led by specialist investor Quantonation, a venture capital fund dedicated to quantum technologies, with participation from Higgins Family Investments and the University of New South Wales, Sydney. This latest ...

February 14, 2024

Sydney

Singapore-based startup receives $12.5 million in funding for electricity transformers

Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to par...

February 09, 2024

Singapore

Arm begins job cuts across China

British semiconductor and software company Arm has laid off more than 70 software engineers based in China due to a downturn in the country's sales of devices such as smartphones and personal computers. In 2022, the company announced that it would cut about 1000 jobs, about 15 percent of its o...

December 27, 2023

China

Singapore considers making data centers and clouds "critical infrastructure"

Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Age...

December 22, 2023

Singapore

Seraya Partners reaches goal of $800 million APAC funding

Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, win...

December 14, 2023

Singapore

Graphcore discontinues China business, pulls out of the country

British chipmaker Graphcore has announced that it will pull out of China in the face of US export controls. The chipmaker is now letting go of most of its staff in China and discontinuing business there. This is another setback to the company, which is already struggling as it revealed in Octo...

November 24, 2023

China

6Estates launches Nvidia DGX BasePOD for AI offerings

Singaporean large language model provider 6Estates recently launched an Nvidia DGX BasePOD based on Nvidia GCX H100 systems to develop its AI offerings. The company will use this BasePOD for its "Model Solutions" offering, which provides users with personalized large language models. The clust...

October 11, 2023

Singapore

Telstra signs power purchase agreement in Queensland, Australia

Australian telecommunications firm Telstra has signed a power purchase agreement with Munna Creek Solar Farm investment to support the development of the 120 MW Munna Solar Farm undergoing construction near Gympie in southeast Queensland. Following this agreement, Telstra will buy half of the ...

October 05, 2023

Telstra

Opening of AI data center by Changan Automobile and Baidu

The Chinese government-owned automaker Changan Automobile and the technology company Baidu have opened a data center dedicated to artificial intelligence (AI). Baidu's cloud service and the Baige heterogeneous AI computation platform power the facility. According to the corporations, the cente...

August 22, 2023

China

ESR secures Sustainability-Linked Loan (SLL) for Hong Kong data center development

ESR has secured a Sustainability-Linked Loan (SLL) to develop a data center in Hong Kong, it has announced. It has closed the first SLL in Hong Kong, worth HK$1.6 billion (US$205m), which will be used to convert a building in Kwai Chung into the 21.3MW ESR Kwai Chung Data Centre HK1.The compan...

August 03, 2023

Hong Kong

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