December 18, 2024 Greece
The Independent Power Transmission Operator (IPTO) of Greece and Serverfarm have signed a Heads of Term agreement to form a joint venture. The joint venture, Gemini, aims to construct and operate hyperscale-ready data center facilities on IPTO-owned sites in Athens and elsewhere in Greece.Gemini...
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December 18, 2024 United States
GMI Cloud and Vast Data are teaming up on an artificial intelligence (AI) infrastructure offering, combining Vast Data's AI data platform with GMI Cloud's AI cloud solution to develop scalable AI infrastructure. The GMI Cloud built on the Vast Data Platform will support Magnum IO GPUDirect...
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December 17, 2024 United States
Crusoe Energy has closed its Series D funding round with $600 million. The round valued Crusoe at $2.8 billion, less than the $3 billion the company originally aimed for. The investment was led by venture capital firm Founders Fund, and others including Fidelity, Long Journey Ventures, the United...
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December 17, 2024 Illinois
The Midcontinent Independent System Operator’s (MISO) board has approved a $21.9 billion long-range transmission plan. The new transmission lines will span 1,800 miles and include some that will connect directly to PJM Interconnection’s 765kV system in Illinois, Indiana, and Ohio. “The main thing...
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December 17, 2024 United States
Verizon has deployed Ener.co’s retrofit cooling solution in 36 of its US data centers. Ener.co said the project has saved Verizon annual electricity savings of 7,700,000 kWh and has reduced annual greenhouse gas emissions by approximately 1,700 tonnes.“Data centers are proliferating across the US...
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December 16, 2024 United States
The US government’s National Science Foundation (NSF) is investigating the possibility of building a cable connecting the largest US Antarctic Program research facility, McMurdo Station, with either New Zealand or Australia.The main scope of the installation “is to provide advanced high-speed,...
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December 14, 2024 Norway
Nordic shipbuilder Vard has successfully delivered a cable-laying vessel to I.T. International Telecom Marine (IT), a submarine cable installation and maintenance firm. The vessel was formerly a platform supply vessel and was converted into a specialized cable-laying ship, named IT Infinity, to...
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December 14, 2024 Africa
Africa50, the pan-African infrastructure investor and asset manager, this week announced a $15m equity investment in RDC to fund the development of a greenfield Tier III-quality data center in Egypt. A Raya Holding stock exchange filing notes through the investment, Africa50 will acquire a 42.9...
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December 13, 2024 Thailand / Prathet Thai
Doma Infrastructure Group (DIG), which describes itself as a developer of master-planned data center parks, partnered with Silicon Tech Park (STP), a Thai technology park operator to jointly develop three AI-ready green data center parks in the Eastern Economic Corridor (EEC).Clement Goh, DIG...
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December 13, 2024 United States
Nexalus has teamed up with HPE in a partnership will see Nexalus deploy its liquid cooling technology - which it claims can recycle excess heat - into three of HPE’s server models, which it says offer enhanced thermal performance and reduced energy consumption.Kenneth O’Mahony, co-founder and CEO...
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December 13, 2024 India / Bhārata
UK-based cloud provider Civo has launched a sovereign cloud region in Mumbai, India as a part of a $25.52 million investment in the country. This investment will see India join Civo's existing regions across Europe, North America, and Asia. Civo said it aims to provide an equitable model of cloud...
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December 13, 2024 United States
EchoStar and Communications Workers of America (CWA) have stepped up their opposition to T-Mobile's proposed $4.4 billion deal to acquire significant assets from regional carrier UScellular. In a filing to the Federal Communications Commission (FCC) this week, Dish Network owner EchoStar stated...
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December 13, 2024 Australia
Australian mobile network operator Telstra has been fined more than AU$3 million ($1.9m) following its 90-minute Triple Zero outage earlier this year. Thenetwork operator has paid the fine as confirmed by the Australian Communications and Media Authority (ACMA), which said the fine was handed to...
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December 12, 2024 Europe
The EuroHPC Joint Undertaking (EuroHPC JU) has selected seven sites to host the initiative’s new European AI factories. The factories represent a collaborative effort between 15 member states and two EuroHPC participating states and are the result of a €1.5 billion ($1.6bn) investment, combining...
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December 12, 2024 Chicago
Prologis has sold a data center development in Chicago, Illinois to HMC Capital. The industrial real estate giant said the warehouse is held in the US Logistics Fund, a Prologis co-investment vehicle focused on premier logistics real estate, including higher and better-use conversions.HMC Capital...
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December 11, 2024 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,...
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December 10, 2024 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 cloud...
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December 10, 2024 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 Journey...
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December 09, 2024 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...
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December 09, 2024 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...
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