Data Center News

Cloud Capital secures $1.325 billion ABS funding

Data center investment firm Cloud Capital last week announced the successful closing of its $1.325 billion asset-backed securities (ABS) issuance. The proceeds of the transaction will be used to refinance existing debt as well as for general corporate purposes. The notes are backed by four sta...

Microsoft launches New Zealand cloud region

Microsoft Azure

Microsoft, today, has launched its first cloud region in New Zealand located in Aotearoa. This region will be powered by 100 percent renewable energy and use air cooling technology. The company first announced plans to develop a data center region in New Zealand in May 2020, receiving approval...

Energy Vault partners with RSDC for novel battery storage system

Rackspace

Energy Vault has partnered with data center operator RSDC to deliver 2GW/20GWh of primary power to RSDC data centers through its battery energy storage system (BESS). Energy Vault will deploy its B-Nest BESS, a modular multi-story structure designed to house stackable lithium-ion BESS units at...

Micron to receive $6.2bn in direct CHIPS Act funding

United States

The Department of Commerce has reached a binding agreement with Micron to award the company $6.165 billion in direct funding under the CHIPS and Science Act. In a statement, the department confirmed the funding will be used to support the construction of three new memory chip fabs: two in Clay...

Google makes Trillium AI accelerators generally available

Google

Google has launched its self-developed Trillium AI accelerators which are designed for artificial intelligence (AI) workloads. Trillium is Google's sixth-generation Tensor Processing Unit (TPU), described as being Google's "most advanced TPU," capable of achieving a 4.7x increase in peak compu...

Nscale raises $155m in funding round to finance expansion

Europe

European AI cloud firm Nscale has raised $155 million in a new funding round led by Sandton Capital Partners with participation from Kestrel, Bluesky Asset Management, and Florence Capital and will fuel its growth plans across Europe and North America. Nscale said it is launching a public clou...

Data Journey acquires South Carolina data center site

South Carolina

Cryptocurrency and power generation company Greenidge Generation has agreed to sell its 152-acre Spartanburg, South Carolina property to Data Journey for $12.1 million in cash and an 8 percent profit participation interest in a planned data center on the site. Greenidge will support Data Journ...

Edgnex Data Centers announces new data center in Athens, Greece

Greece

Edgnex has announced plans to develop a 12.5MW data center in Athens, Greece. The Attica facility will be built in a joint venture - dubbed Data In Scale - between Edgnex’s parent company Damac and electricity utility PPC Group.“By leveraging Edgnex’s expertise in delivering reliable and agile...

Indosat to expand 4G and 5G network in Indonesia

Indonesia

Telco Indosat Ooredoo Hutchison (IOH) has signed a 4G and 5G deal with network vendor Nokia. Nokia will provide its AirScale equipment portfolio including multiband radio technology and high-capacity baseband solutions, plus its FastMile Fixed Wireless Access (FWA) solutions in strategic regio...

HPE walks away from $700m AI hardware deal

United States

HPE revealed it walked away from a $700 million AI hardware deal over concerns about the customer. CEO Anthonio Neri told analysts on the enterprise IT vendor’s most recent earnings call that the company chose to “de-book” the order for an unnamed client because it considered it too risky.“We ...

Legrand acquires Power Bus Way

Canada

Legrand has acquired Power Bus Way, a specialist in Cable Bus power busbars, primarily for data centers. The company employs more than 120 people and generates an annual revenue of around €70 million ($73.5m), mainly in the United States and Canada.Benoît Coquart, CEO of Legrand, said: "Today ...

Meta & QTS sign solar PPA in Oregon

QTS Data Centers

Avangrid and Portland General Electric (PGE) have signed a Power Purchase Agreement (PPA) with QTS and Meta for energy from a 120MW solar energy project under construction in Morrow County, Oregon. This project will deliver energy to the PGE grid through the Green Future Impact (GFI) program, ...

Samsung pairs with Liberty for vRAN and Open RAN testing in Puerto Rico

Americas

Samsung has partnered with Liberty Puerto Rico to test the vendor's Open RAN virtualized Radio Access Network (vRAN) and radios in Liberty's mobile network in Puerto Rico. As a result, Liberty is the first carrier in Puerto Rico and Latin America to introduce 5G vRAN and Open RAN technologies....

Veon's Kyivstar launches Gen AI lab in Ukraine

Amazon AWS

Veon's Ukrainian subsidiary Kyivstar has this week announced the launch of a generative AI lab in partnership with Amazon Web Services. According to the company, the purpose of the launch is to support Ukrainian enterprises in introducing AI technologies, as part of an effort to boost the coun...

Senator Ernst moves to cancel Biden's BEAD program

United States

Senator Joni Ernst has told the US Department for Government Efficiency (DOGE) to shut down the $42 billion Broadband Equity, Access, and Deployment (BEAD) program. DOGE was formed by Trump as part of his campaign plans to significantly slash federal spending and is not actually a federal exec...

InfraVia to acquire 50 percent stake in Iliad’s OpCore data center unit

Investment firm InfraVia and French telco Iliad’s data center unit this week announced the two companies have entered into exclusive discussions to form a partnership aimed at “developing OpCore into a major European hyperscale data center platform. As part of the deal, InfraVia, through its i...

New Celia cable system announced in the Caribbean

A new subsea cable system has been announced in the Caribbean. The Celia subsea cable will connect Aruba, Martinique, Antigua, Puerto Rico, and Boca Raton in Florida, spanning more than 3,700km. The cable is set to have an estimated capacity of 170 Tbps across eight fiber pairs, featuring a mi...

AWS unveils S3 storage classes for Dedicated Local Zones

Amazon AWS

Amazon Web Services (AWS) S3 storage offering is now available via AWS Dedicated Local Zones, one of its on-premise cloud offerings. At the company's Re:Invent 2024 conference, AWS also revealed new S3 solutions: S3 Tables and S3 Metadata. The storage classes are designed to store data within ...

Telstra acquires MVNO Boost Mobile

Australia

Australian carrier Telstra has acquired MVNO Boost Mobile for a reported AU$145 million (US$94.1m) as confirmed by Boost Mobile founder Peter Adderton via a post on LinkedIn on December 2. Adderton said the deal will enable him to focus on his latest venture, MobileX, a carrier that leverages ...

IHS Towers to sell stake in Kuwait tower unit

Asia-Pacific (APAC)

IHS Towers has announced a deal to sell its 70 percent stake in IHS Kuwait Limited to Zain Group, with the telco taking back ownership of towers it previously sold. According to IHS, the terms of the transaction reflect an enterprise value of $230 million for the IHS Kuwait portfolio and inclu...