September 11, 2023 Google
Google has submitted two planning applications to Kansas City to develop its Northland at the Hunt Midwest Business Center site. The cloud computing company acquired 78.9 acres in Northland, Kansas City, in 2019, followed by an additional 236.4 acres in December 2021, stating that the parcel of...
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September 01, 2023 Google
Google will construct a second campus in Texas in the Red Oak neighborhood of Dallas. This week, the company announced intentions to invest $600 million in the Dallas-Fort Worth region of Texas to build its second data center. The search, advertising, and cloud company stated that it would invest...
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August 31, 2023 Google
Google has signed a Power Purchase Agreement (PPA) with Apex Clean Energy for wind energy in North Carolina. Through the deal, the giant will offtake the full capacity from the Timbermill Wind project, which is in the process of being built. Located in Chowan County, the project will offer 189MW...
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August 29, 2023 Google
Google unveiled several cloud-based tools and services centered on artificial intelligence. Cloud TPU v5e, the company's newest Tensor Processing Unit, is now available for preview, according to the company. Google claims that, compared to TPU v4, which was released in 2021, the chip has up to...
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August 24, 2023 Google
Google has verified its involvement in the Lincoln, Nebraska, data center proposal. This week, the company announced it was constructing a third data center in Papillion and a data center in Lincoln. The search and cloud firm will invest $1.2 billion in the project. Long suspected to be Google,...
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August 22, 2023 Microsoft Azure
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...
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August 22, 2023 STACK INFRASTRUCTURE
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...
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August 11, 2023 EdgeCore Internet Real Estate, LLC
EdgeCore Digital Infrastructure has begun construction on a new facility in Reno, Nevada. The company announced last week that it has begun construction on its first data center campus in the Reno, Nevada metropolitan area, nearly five years later than originally planned. Two data centers will be...
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August 09, 2023 Google
The Council Bluffs data center, located on the Nebraska/Iowa border, will be expanded by Google for $350 million. Plans for a data center in Council Bluffs were first made public in 2007. Google announced expansion plans in 2012 and 2015 and has since spent approximately $5 billion on the...
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August 03, 2023 Microsoft Azure
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...
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August 02, 2023 STACK INFRASTRUCTURE
$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 billion...
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August 01, 2023 QTS Data Centers
The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its...
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July 28, 2023 Microsoft Azure
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 capital...
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July 28, 2023 Google
Alphabet reported quarterly sales of $74.6 billion, an increase of 7% from the same period last year. Profits increased by 15% to $18.4 billion. While advertising sales drove the majority of the company's development, cloud sales increased by 28 % to $8 billion. Google Cloud reported its...
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July 28, 2023 Microsoft Azure
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...
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July 28, 2023 Microsoft Azure
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 intends...
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July 27, 2023 Google
The 2023 Google environmental report shows a considerable increase in data center water consumption. The company consumed an astounding 5.6 billion gallons of water in 2022, of which 5.2 billion were used solely for data centers. Compared to the previous year, this is 20% higher. Large data...
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July 27, 2023 QTS Data Centers
A new campus for its data centers is being built by QTS on 400 acres of land in York County, South Carolina. Citing York County real estate documents, BizJournal reports that two entities linked with QTS Realty Trust LLC have acquired nearly 400 acres off S.C. Highway 274 for more than $11.2...
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July 26, 2023 Microsoft Azure
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 with 39...
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July 26, 2023 STACK INFRASTRUCTURE
Stack Infrastructure seeks to raise $100 million by issuing securitized notes. After raising $250 million in March, this will be Stack's second fundraising round this year and sixth overall. It will begin on July 24. The notes have received an A-2 rating from S&P Global. This is presently set...
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