Data Center News

Meta signs long-term PPA in Texas

Meta has signed a long-term Power Purchase Agreement (PPA) with US-based renewable energy company Longroad Energy to purchase 100 percent of the output of the 300MWac (400MWdc) '1000 Mile' solar project in Yoakum County, Texas."The renewable energy from this project will support our data cente...

January 03, 2025

Texas

Global Switch confirms search for co-investor

Global Switch recently announced that the sale of its Sydney data center business to HMC Capital had closed, and has officially confirmed previous reports it was seeking external investment for its London campus.“As part of its financing strategy to drive future growth, Global Switch has also ...

January 03, 2025

Sydney

Phoenix to clamp down on data centers

The city of Phoenix in Arizona is set to clamp down on data centers. The City Council has approved a series of changes to better regulate data center growth in the city, including regulating locations and external design specifications.The vote, which took place on December 10, targeted standa...

January 02, 2025

Phoenix

Digital Core REIT seeks new tenant for Virginia data center

Digital Core REIT is looking for a new tenant for one of its data centers in Northern Virginia, as the current occupant of the data center, located at 8217 Linton Hall Road in Bristow, Prince William County, has decided to not exercise its option to extend its lease on the property, the proper...

January 02, 2025

Virginia

European Commission approves Nvidia's acquisition of Run:ai

The European Commission (EC) has approved Nvidia's proposed acquisition of Run:ai. The EC gave the green light for the acquisition on December 20, noting that it had "concluded that the transaction would raise no competition concerns in the European Economic Area." The EC added that, while Nvi...

January 01, 2025

Europe

TalkTalk to cut hundreds of jobs in bid to save £120m

TalkTalk is set to cut hundreds of jobs as the struggling ISP looks to save £120 million ($150m), detailing the plans during an investor meeting in December. TalkTalk has already kicked off a redundancy consultation, ahead of plans to cut around 130 jobs at its Salford consumer division.Furt...

January 01, 2025

England

Cellnex completes €800m Austrian tower exit

Cellnex has completed the sale of its Austrian unit to a consortium comprised of Vauban Infrastructure Partners, EDF Invest, and MEAG for €803 million ($834m), bringing an end to Cellnex's presence in Austria after it entered the market in 2021, when it snapped up CK Hutchison's sites in the c...

January 01, 2025

Austria

BGRIM to power data centers in Thailand

Thai energy producer B.Grimm Power (BGRIM) plans to offer energy solutions to Thailand's growing data center sector and is currently in talks with several firms. BGRIM intends to spend between 5 billion baht ($145 million) and 7 billion baht ($203 million) to support its expansion into the dat...

December 31, 2024

Thailand / Prathet Thai

Australia's NRFC invests AU$22.5m into Vault Cloud

Australia's National Reconstruction Fund Corporation (NRFC) has invested AU$22.5 million (US$14.04m) in Canberra-based Vault Cloud which will be used to deliver "additional security capabilities for its existing contracts" and to expand its offerings including artificial intelligence (AI), "De...

December 31, 2024

Australia

TPG in talks to buy Crown Castle's fiber assets

TPG is in advanced talks to buy Crown Castle's fiber assets in a deal worth an estimated $8 billion. US tower operator Crown Castle has been looking to sell its fiber assets for some time, notably revealing in April that it had held talks with multiple parties over a sale.The company launched ...

December 31, 2024

United States

EIB to provide €43m for two data centers in Azerbaijan

The European Investment Bank will provide €43 million ($44.71m) in loans for the development of two data centers in Azerbaijan. The funding will be used to develop two data centers for AzInTelecom LLC which will be located Absheron and Hajigabul regions.Elkhan Azizov, chairman of the board of ...

December 30, 2024

Europe

Oregon regulators approve PacifiCorp penalties for high-load energy users

The Oregon Public Utility Commission has ruled in favor of a PacifiCorp proposal that would penalize large-load customers, such as data centers, whose energy use at new facilities is not in line with forecast needs. "The scale of utility procurement and stranded asset risk associated with the...

December 27, 2024

Oregon

TPG Real Estate takes full control of Quantum Frederick Project

Quantum Loophole will no longer have any "active involvement" in the Quantum Frederick Project, a 2,100-acre data center campus and fiber optic loop (QLoop) in Frederick County, Maryland. This September, TPG sought a court order to remove Quantum Loophole from its role as manager of the $5 bil...

December 27, 2024

Maryland

xAI raises $6 billion in a Series C funding round

Elon Musk's generative AI startup xAI has raised $6 billion in a Series C funding round from investors including A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, amon...

December 27, 2024

United States

BT wins £1.3bn class action lawsuit

BT has successfully defended itself in a £1.3 billion ($1.6bn) class action lawsuit that alleged the telco overcharged millions of customers for fixed telephone lines. The case, which lasted for eight weeks and began in January, accused BT of around 3.7 million landline customers. The case ag...

December 26, 2024

United Kingdom

Mercury Engineering to create 1,000 jobs in five years

Irish construction firm Mercury Engineering is preparing to create 1,000 new roles over the next five years. Standing as one of Europe's largest data center builders, the company operates in 16 markets, including data center hotspots such as France, Ireland, and the Nordics. Mercury currently ...

December 24, 2024

Europe

US Senate passes bill for additional rip and replace funding

The US Senate has voted in favor of a bill that looks set to provide an additional $3 billion to telecom companies in funding for the rip and replace program. This was included as part of the $895 billion National Defense Authorization Act (NDAA) that was passed by the US Senate on December 18...

December 24, 2024

United States

VueNow launches two Edge data centers in midst of investigation

VueNow Infotech has inaugurated two Edge data centers in Uttar Pradesh, India, while in the midst of a money laundering investigation. The data centers are located in Malihabad and Ambedkarnagar, and are part of a wider plan to deploy as many as 750 Edge data centers across the state.The compa...

December 23, 2024

India / Bhārata

Edisun to supply AI-driven data centers with power from Madrid solar plant

European solar power producer Edisun Power plans to direct power from its 941MW Fuencarral solar power plant in Madrid to data centers in the region.The company noted that the additional electricity demand from artificial intelligence and the increasingly stringent European regulations for the...

December 23, 2024

Madrid

Qualcomm claims win following mistrial in copyright battle with Arm

Qualcomm is claiming victory in its court battle with chip design giant Arm after a jury in the US found that its processor designs are properly licensed, despite the case ended in a mistrial, leaving the door open for Arm to return with a fresh action.After a week-long federal court trial hel...

December 23, 2024

United States

First 1 . . . 32 33 34 35 36 ... 164 Last

Ready to Level up Your
Data Center Strategy?

Message Us Book Consultation