World Data Center News

European Commission reveals plans to upgrade power grids

The European Commission is currently drafting a plan to invest about €584 billion to upgrade the region's power grids. With this investment, countries will be able to handle varied renewable energy loads, modernize transmission, and improve cyber security. The draft document posted by Reuters ...

November 27, 2023

Abdul-Rahman Oladimeji

Europe

Nexspace unveils new data center facility in Heidelberg, Germany

New colocation operator Nexspace recently unveiled its first facility in the Heidelberg Innovation Park (HIP) in Germany this month. The three-story site offers 2MW of IT load across 4,000 square meters, which is reportedly expandable to 8,000 square meters in the future. Germany’s Data C...

November 25, 2023

Abdul-Rahman Oladimeji

Nexspace Heidelberg

Rest Super invests in Quinbrook data center

Australian superannuation fund Rest Super announced this week that it is investing $656 million in a data center and battery storage project from Quinbrook Infrastructure Partners in Brisbane. This investment will expose it to several assets, including solar and battery projects, green data s...

November 25, 2023

Abdul-Rahman Oladimeji

Australia

Gigas to expand footprint in Lisbon

Spanish cloud company Gigas has planned to invest €3 million this year in its Oni data center in Lisbon, Portugal. The company purchased Portuguese telco Oni from MásMóvil in November 2020 for €40 million and plans to double the number of data rooms the 2,000 square meters site offers to ten, ...

November 25, 2023

Abdul-Rahman Oladimeji

Spain

Telkcom considers selling Swifnet tower division

South African telco Telkom, which spun off its telecom towers and mast into a separate division in 2021, is looking to sell the assets to unlock more value in the business. The operator is now in exclusive negotiations over selling its masts and towers business, Swiftnet. The company mentioned...

November 25, 2023

Abdul-Rahman Oladimeji

South Africa

Germany’s Hauck Aufhäuser Lamp Privatbank to launch new data center fund

Germany’s Hauck Aufhäuser Lamp Privatbank announced that its real estate investment management unit is launching a €300 million fund for institutional investors, targeting data centers in major German cities. This is the company’s first-ever data center-focused fund. Patrick Brinker, head of ...

November 24, 2023

Abdul-Rahman Oladimeji

Germany / Deutschland

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

Abdul-Rahman Oladimeji

China

Ericsson issues its first-ever green bond

Swedish network vendor Telco OEM Ericsson announced that it has issued its first-ever green bond, a €500 million bond with a maturity of four-and-a-half years issued under Ericsson's Euro Medium Term Note Program (EMTN). Carl Mellander, Ericsson’s CFO said, “The successful placement of this g...

November 24, 2023

Abdul-Rahman Oladimeji

Europe

Open Access Data Centers to expand Johannesburg facility

Pan-African operator Open Access Data Centers (OADC) plans to expand its data center in Johannesburg, South Africa, and has reportedly begun work on phase two expansion of its Isando facility, which is expected to be complete in Q1 2024, adding 4MW and 600 racks. Darren Bedford, group chief b...

November 22, 2023

Abdul-Rahman Oladimeji

Johannesburg

OpenAI president Greg Brockman quits as the company fires CEO

OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company ...

November 20, 2023

Abdul-Rahman Oladimeji

San Francisco Bay Area

OpenAI co-founder Sam Altman fired from the company

OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technol...

November 19, 2023

Abdul-Rahman Oladimeji

San Francisco Bay Area

Ridge purchases UK data center consultancy Concert

Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its curre...

November 18, 2023

Abdul-Rahman Oladimeji

London

Fibra Medios Telecom unveils new data center in Murcia, Spain

Fibra Medios Telecom announced the launch of a new data center facility in Murcia, Spain, this week. This new facility known as the CPD Titan facility spans across 1,400 square meters and can host up to 120 cabinets across nine data rooms. This new facility also features two fiber entry vaults...

November 17, 2023

Abdul-Rahman Oladimeji

Spain

Data Clean Corp acquires data center cleaning business Sealco

Data Clean Corporation has acquired Texas-based critical environment cleaning company Sealco LLC, marking its second acquisition since it was bought by Angeles Equity Partners in November 2022. Frank Spelman, managing director at Angeles Equity Partners said, “Sealco is arguably one of the mos...

November 17, 2023

Abdul-Rahman Oladimeji

Texas

Xavier Niel acquires 6% stake in Belgian telco Proximus

Xavier Niel, the founder of French telecoms company Iliad, has acquired a six percent stake in Belgian telco Proximus through his holding company Carraun.The Belgian government has a majority stake of 53.51% in this telco, while the company holds 4.59 percent of its share capital. Niel said, "...

November 15, 2023

Abdul-Rahman Oladimeji

Belgium

CapitaLand India Trust secures $155m loan for data center development

Singapore's CapitaLand India Trust (CLINT) has secured a Rs 1,300 crore ($155.9m) five-year construction loan to develop its data center facility in Navi Mumbai. India. This fund, secured by J.P. Morgan India, will be used to finance the first phase of construction of the data center. Sanjeev ...

November 14, 2023

Abdul-Rahman Oladimeji

India / Bhārata

Paratus unveils second teleport in Pretoria, South Africa

Pan-African digital infrastructure firm Paratus has launched a new teleport in Pretoria, marking its second teleport in South Africa. Paratus announced the launch of the new Goedehoop Teleport in Doornkloof, some 50 miles north of Johannesburg. Managing director of Paratus South Africa, Kallie...

November 13, 2023

Abdul-Rahman Oladimeji

South Africa

Digicel to deactivate 2G network in Trinidad and Tobago next year

Digicel has confirmed its plans to deactivate its 2G network in Trinidad and Tobago on March 31, 2024, as it intends to focus strictly on its 3G, 4G, and 4G LTE services. Operators have also reportedly designed technical solutions to eliminate 2G and 3G-only devices. Reyanne Sobers, general ma...

November 13, 2023

Abdul-Rahman Oladimeji

South America

Nvidia launches H200 GPU, its latest high-end GPU

Nvidia has launched H200, its latest high-end GPU for training AI models. This new GPU, identical to the H100, has significant improvements as it features 41GB of HBM3e and a 4.8TBps memory bandwidth compared to the H100's 80GB of HBM3 and 3.5TBps of memory bandwidth. Ian Buck, vice president ...

November 13, 2023

Abdul-Rahman Oladimeji

United States

Liberty Latin America to sell telecom towers to PTI for $407m

Liberty Latin America (LLA) recently agreed to sell about 1,300 telecom towers to Phoenix Tower International (PTI) for $407 million. Tower sites to be monetized in this transaction include towers in locations across Panama, Jamaica, the Bahamas, Puerto Rico, Barbados, and the British Virgin I...

November 13, 2023

Abdul-Rahman Oladimeji

France

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