Data Center News

EdgeConneX to build 200MW Cyberjaya facility in Malaysia

EdgeConneX continues to grow its APAC operations by adding three facilities in Malaysia, located in and around Kuala Lumpur. Business Today and Edge Malaysia report that EdgeConneX signed a sales and purchase contract with Cyberview earlier this month to acquire a 12.14-hectare tract of land i...

September 11, 2023

EdgeConneX

Manulife successfully acquires Serverfarm

Manulife Investment Management has concluded the acquisition of data center firm Serverfarm on behalf of Manulife Infrastructure Fund II. In May 2023, Manulife announced its intention to acquire a majority stake in Serverfarm. Avner Papouchado, the CEO of Serverfarm, and NantCapital LLC will r...

September 08, 2023

ServerFarm Realty

Digital Realty to expand in Italy

Digital Realty has announced that it's expanding into the Italian market with a new Tier IV-quality data center, named ROM1. This announcement comes following the acquisition and pre-development planning of land in Rome. The facility will sit on a 22-hectare site, with construction set to comm...

September 07, 2023

Digital Realty Trust

Digital Realty will construct a data center in Rome

Digital Realty plans to extend its operations into Italy and has already purchased land in Rome, the country's capital. Following the purchase of land in Rome and the subsequent pre-development planning for it, the company announced its entry into the Italian market last week.The ROM1 data cen...

September 07, 2023

Digital Realty Trust

EdgeConneX files to build a 1 million square foot data center facility in Mesa, Arizona

EdgeConneX plans to establish a new data center facility in Phoenix, Arizona, to expand its presence there. According to BizJournal, the company has applied for Mesa's administrative and design reviews to construct a multi-phased campus near Elliot Road and Loop 202. EdgeConneX wants to build ...

September 05, 2023

EdgeConneX

Microsoft creates Petronas HPC AI infrastructure

The digital arm of the Malaysian energy company Petronas, Petronas Digital, has inked a contract with Microsoft to develop a high-performance computing (HPC) artificial intelligence (AI) infrastructure platform. The organization will use the platform to perform AI and machine learning to look ...

August 22, 2023

Microsoft Azure

STACK Infrastructure Constructs Its First Data Center in Australia

A new data center campus has been opened by Stack in Melbourne, Australia. This week, the company announced the conclusion of its MEL01 Asia-Pacific (APAC) data center.The 36MW MEL01A facility, situated on a 3.6-hectare site in Melbourne's Truganina region, is part of a 72MW campus that will u...

August 22, 2023

STACK INFRASTRUCTURE

EdgeConneX contests the Dublin data center denial

EdgeConneX Ireland has appealed to An Bord Pleanála against South Dublin County Council's decision to deny its proposed data center. The company intended to construct two adjacent data centers on its Dublin Campus in Ballmakaily, Lucan, Dublin, on Newcastle Road. Two single-story data centers ...

August 22, 2023

EdgeConneX

45 Sprint switch facilities to be converted into colo data centers by Cogent

Cogent Communications intends to transform the former Sprint switching plant real estate footprint acquired from T-Mobile into a substantial colocation data center portfolio. T-Mobile announced in September 2022 that it had agreed to sell its Wireline business to Cogent for a symbolic $1, with...

August 22, 2023

Cogent Communications

Equinix will construct a $42 million data center in Mumbai, India

Equinix will invest $42 million in a new data center in Mumbai, India. The MB4 data center is anticipated to be operational by the end of the fourth quarter 2023. The MB4 data center is in the Kalwa Industrial Area, approximately 9 miles from the company's two other IBX data centers in Mumbai....

August 10, 2023

Equinix

Digital Realty unveils high-density colocation solu with 70kW racks in 28 markets

Digital Realty, a global leader in the data center industry, has introduced a high-density colocation service in 28 markets across North America, EMEA, and Asia Pacific. The new service supports up to 70 kilowatts per rack of computing power. Digital stated that the increased rack densities we...

August 08, 2023

Digital Realty Trust

Lumen, a US telco, loses $8.74bn due to non-cash impairment

In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization ...

August 03, 2023

Lumen Technologies

Microsoft has submitted plans to construct two data centers in San Jose, California

Microsoft has applied to construct two data centers in San Jose, California. On August 17, the San Jose Council Planning Division will convene to discuss Microsoft's plans for a 65-acre site at 1657 Alviso-Milpitas Road. The company seeks permission to remove 79 trees to construct two single-s...

August 03, 2023

Microsoft Azure

Stack Infrastructure concludes its second $250 million debt financing of 2023

$250 million in securitized notes have been issued as part of Stack Infrastructure's second round of structured debt financing for 2023. The funding round began a month ago with an initial goal of raising $100 million, which has since more than doubled. Since 2019, Stack has raised $2.3 billio...

August 02, 2023

STACK INFRASTRUCTURE

Microsoft increases data center and AI compute capex

This past quarter, Microsoft's capital expenditures increased to $10.7 billion as the company reported spending significantly on data centers, computing, and networking. The company announced that spending would increase each quarter throughout fiscal 2024, already higher than the $7.8bn capit...

July 28, 2023

Microsoft Azure

Digital Realty sells TPG Real Estate 80% of Northern Virginia data centers stake for $1.3bn

TPG Real Estate now owns 80% of three Digital Realty data centers in the US state of Virginia's Northern Virginia. Digital will continue to oversee the daily operations of the joint venture's facilities. The data center business aims to utilize the $1.3 billion in proceeds from the transaction...

July 28, 2023

Digital Realty Trust

KPMG will invest $2 billion with Microsoft in AI and cloud services

KPMG plans to invest $2 billion over the next five years in artificial intelligence (AI) and cloud services in partnership with Microsoft. The global expansion of the 'Big Four' accounting firm's relationship with Microsoft is anticipated to generate up to $12 billion in revenue over the next ...

July 28, 2023

Microsoft Azure

Microsoft intends to invest $230 million in an additional data center in San Antonio, Texas

Microsoft intends to construct another data center in the San Antonio, Texas, region. The corporation stated in applications with the Texas Department of Licensing and Regulation, initially reported by the San Antonio Business Journal, that the project would cost $230 million.The company inten...

July 28, 2023

Microsoft Azure

Microsoft pushes forward with data center projects in Brazil

Microsoft has shared its plans for further expansion in Brazil, with a new data center in the Campinas area of São Paulo state, Brazil. Located in Hortolândia, details on the facility obtained by BNAmericas, reveal the giant’s plans for the installation of a data center on greenfield land wit...

July 26, 2023

Microsoft Azure

Reliance joins Brookfield and Digital Realty's Indian data center JV

Reliance Industries, the largest business group in India, revealed that it would join Mercury Holdings SG Pte, the current joint venture between Brookfield Infrastructure and Digital Realty, to construct data centers in India. By acquiring a 33,33 % stake in the existing JV, Reliance Industrie...

July 26, 2023

Digital Realty Trust

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