Data Center News

Telecom Egypt and 4iG partner on Egyptian fiber network

Telecom Egypt and Hungarian telco 4iG have signed a Memorandum of Understanding (MoU) to establish the joint venture and build a fiber network to serve a minimum of six million households on a wholesale basis.“Through this agreement, which will capitalize on our respective strengths in the ICT...

EuroHPC JU signs procurement contract for EuroQCS

Poland

The EuroHPC JU has signed a procurement contract for EuroQCS-Poland, a 20 qubit trapped ion quantum computer, which will be hosted at the Poznan Supercomputing and Networking Center (PSNC) in Poznan , Poland, and supplied by Alpine Quantum Technologies (AQT).Coordinator of the EuroQCS-Poland p...

Tape Ark to migrate West Australian Ballet archives to the cloud

Australia

Tape Ark which specializes in mass migration of data stored on tape to the cloud has been awarded a three-year deal to be the Ballet's 'Historical Digital Preservation Partner.' In preparation for the West Australian Ballet's 75th anniversary which will fall in 2027, Tape Ark is set to migrate...

Japan's SoftBank acquires British AI chip designer Graphcore

Japan

Japan's SoftBank Group Corp has acquired British chip designer Graphcore, which will become a wholly-owned subsidiary of SoftBank, but will continue to operate under the Graphcore name.“This is a tremendous endorsement of our team and their ability to build truly transformative AI technologies...

AI provider Nebul selects Lightbits Labs for AI cloud offering

United States

Artificial intelligence (AI) cloud provider Nebul has selected Lightbits Labs for the storage foundation for its AI cloud, enabling companies within the EU to deploy Nvidia-based private AI in the cloud."We considered the usual storage providers, but even the software-defined ones tend to have...

Armada secures equity funding from Microsoft

Microsoft Azure

Edge computing firm Armada has closed $40 million in funding led by M12, Microsoft’s venture fund. As part of the deal, Armada’s offerings will be made available on the Azure Marketplace.“This investment propels our total funding to over $100m and marks a significant milestone in our journey t...

Hut 8 to expand in West Texas

Texas

Cryptomining company Hut 8 has revealed that it will beexpanding its operations in Texas and has signed a power purchase agreement to procure 205MW of energy for a new data center to be built on an undisclosed greenfield site in West Texas.Asher Genoot, CEO of Hut 8, said: “This transaction ex...

Hexatronic acquires parts of Icelandic services firm

Sweden

Swedish Fiber and connectivity firm Hexatronic  this week announced it has signed a letter of intent to acquire parts of Endor, a data center services unit owned by Icelandic company Sýn, in an acquisition which will bring Hexatronic a customer base across Iceland, Sweden, and Germany."The bus...

Ireland to introduce new policy for company-owned transmission infrastructure

Ireland is set to introduce new policies that would allow private companies including data center operators to build their own energy transmission infrastructure as the government has approved two memos – one on private wires and another on energy storage."It is clear from both the engagement ...

New quantum computing demonstration system commissioned in Germany

Germany / Deutschland

A quantum computing demonstration system, the first full-stack, ion-trap-based quantum computer demonstrator made entirely in Germany by NXP Semiconductors and quantum computing startups eleQtron and ParityQC has finally been commissioned. Jan Leisse, co-founder & CEO at eleQtron, said: “W...

MCC complete the removal of banned Chinese equipment

China

Mediacom Communications Corporation (MCC) has said that it's on course to complete the removal of banned Chinese equipment from its network this month by its July 15 deadline."To date, 100 percent of the program has been completed across the areas of removal and replacement, and 99 percent of ...

Planqc secures €50 million in equity financing

Germany / Deutschland

German quantum computing startup Planqc which makes neural atom-based quantum computers, has secured €50 million ($54m) in equity financing in a  Series A investment, led by the European Family Office Catron Holding and the DeepTech & Climate Fonds (DTCF).Alexander Glätzle, CEO and co-foun...

Ovzon launches services from debut geostationary (GEO) broadband satellite

France

Swedish satellite communications firm Ovzon has launched services from its debut geostationary (GEO) broadband satellite. “Ovzon’s proprietary satellite Ovzon 3 has reached its orbital position in the geostationary arc,” the company said recently. “After a few weeks of final in-orbit testing, ...

CyrusOne secures billion dollar credit facility for data center expansion

CyrusOne

Data center firm CyrusOne this week announced the closing of a $7.9 billion Warehouse Credit Facility incremental to the $1.8 billion Revolving Credit Facility financing completed in May, providing the company with approximately $9.7 billion of additional debt capital raised.“The successful cl...

Start Campus names new CEO after corruption scandal

Portugal

Portuguese data center company Start Campus has appointed Robert Dunn as chief executive officer, effective immediately, after the previous one was arrested in a corruption scandal that saw the country’s prime minister ousted.Dunn said: “I am excited to continue leading Start Campus as CEO at ...

Storj acquires AI compute provider Valdi

Asia-Pacific (APAC)

Cloud storage company Storj has acquired Valdi, an artificial intelligence (AI) compute provider, adding AI capabilities to its cloud storage offering with Valdi's GPUs through the process.Storj's chief revenue officer Colby Winegar said: “Today’s enterprises demand new high-performance soluti...

InfiniG deploys in-building mobile coverage in Florida

Miami

Mobile coverage solution firm InfiniG has deployed its in-building mobile infrastructure as a Service (MCaaS) solution at the Gale South Beach Hotel in Miami. This deployment offers multi-carrier mobile coverage services to all guests in all locations in the Gale Hospitality Group-owned hotel,...

Goldman Sachs reports $1trn spends on utility upgrades with little to show for it

United States

A research newsletter from Goldman Sachs has warned that large tech companies have ramped up capital expenditure to fuel generative AI development which will ramp up to around $1 trillion will be spent over the next few years, but have yet to show sustainable business models."So, the crucial q...

ESR to sell land acquired for data center in Sydney, Australia

Australia

Industrial real estate firm ESR  is looking to sell 1.5 hectares at 44-50 Waterloo Rd, which it acquired in 2021 from an AMP Capital fund for AU$71m, and had been earmarked for a data center development. The parcel is currently home to two office and industrial buildings partly occupied by Mac...

Siyata Mobile to invest in Canadian Towers & Fiber Optics

México

Siyata Mobile has announced that it will be investing in Canadian Towers & Fiber Optics Inc. (CT&FO), a company that specializes in developing telecoms infrastructure in Mexico. It will be purchasing an aggregate of 130,000 common shares, at a purchase price of $8.00 per share, for an ...