Read RAI plans €140 million investment in developing data centers
RAI plans €140 million investment in developing data centers
March 27, 2024

RAI plans €140 million investment in developing data centers

Italy

Italian broadcaster RAI this week announced its board of directors had approved a new 2024-2027 business plan, which includes a number of data center investments. The company said it plans to invest €140m related to the roll-out of its ‘diversification initiatives’ by 2027. These investments i...

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Read National Grid warns of significnlty increased power demand
National Grid warns of significnlty increased power demand
March 27, 2024

National Grid warns of significnlty increased power demand

United Kingdom

The CEO of British utility National Grid has warned that data center power use is set to grow dramatically which will put further strain on an already-constrained grid. John Pettigrew said that the UK's energy industry has reached a "pivotal moment," and pitched the development of an ultra-hig...

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Read PDG completes first phase of Tokyo data center
PDG completes first phase of Tokyo data center
March 27, 2024

PDG completes first phase of Tokyo data center

Princeton Digital Group

Data center operator Princeton Digital Group (PDG) has completed the first phase of its 96MW data center campus, TY1, in Tokyo, Japan which included the core and shell construction of a six-story facility, expected to supply 48MW of IT capacity. The TY1 data center located in Saitama City, 30k...

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Read Cloud computing startup Hive raises $13 million in new funding round
Cloud computing startup Hive raises $13 million in new funding round
March 27, 2024

Cloud computing startup Hive raises $13 million in new funding round

United States

Cloud computing startup Hive has completed a Series A round of funding led by SC Ventures, the venture arm of Standard Chartered with $13 million and plans to use this fund to further its plans for a decentralized cloud, using an aggregation of individual devices' unused storage and computing....

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Read Danske Bank signs new cloud agreement with Amazon
Danske Bank signs new cloud agreement with Amazon
March 26, 2024

Danske Bank signs new cloud agreement with Amazon

Amazon AWS

Denmark's Danske Bank has signed a multi-year cloud contract with Amazon Web Services (AWS). This will include systems for business, institutional and personal customers, and will see more than 16,000 physical and virtual servers, and 1,000 applications being migrated. Danske Bank said it will...

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Read Intelsat signs deal to lease capacity on Eutelsat’s OneWeb satellites
Intelsat signs deal to lease capacity on Eutelsat’s OneWeb satellites
March 26, 2024

Intelsat signs deal to lease capacity on Eutelsat’s OneWeb satellites

Sweden

Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...

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Read Ericsson begins further layoffs in Sweden
Ericsson begins further layoffs in Sweden
March 26, 2024

Ericsson begins further layoffs in Sweden

Sweden

Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as red...

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Read Kyivstar continues 4G rollout in Ukraine
Kyivstar continues 4G rollout in Ukraine
March 26, 2024

Kyivstar continues 4G rollout in Ukraine

Ukraine

Veon subsidiary Kyivstar upgraded approximately 4,000 4G base stations in Ukraine last year and has increased its 4G user base in the country to 14.3 million. However, revenue slumped by 3.3 percent during the fourth quarter of last year, with Kviystar blaming this on a cyberattack, which resu...

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Read Indian Police arrest nine people for cell tower equipment theft
Indian Police arrest nine people for cell tower equipment theft
March 25, 2024

Indian Police arrest nine people for cell tower equipment theft

India / Bhārata

Police in India have arrested nine people for stealing cell tower equipment worth 60 lakh across Telangana state. The gang stole a variety of equipment from various sites, including Remote Radio Units (RRUs), Remote Radio Heads (RRHs), Base Band Units (BBUs), and cell tower cable wires of Bhar...

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Read Synopsys acquires Intrinsic DC
Synopsys acquires Intrinsic DC
March 25, 2024

Synopsys acquires Intrinsic DC

Australia

Chip design software manufacturer Synopsys has acquired Intrinsic ID, a provider of Physical Unclonable Functions (PUF)-based IP that can be used in the design of system-on-chips (SoCs). Intrinsic IDF has developed PUF-based digital authentication technology that provides an additional level o...

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Read NEC signs new MoU with Telkom Indonesia
NEC signs new MoU with Telkom Indonesia
March 25, 2024

NEC signs new MoU with Telkom Indonesia

Indonesia

NEC has signed a memorandum of understanding (MoU) with Telkom Indonesia as part of a collaboration to develop smart cities in Indonesia's new capital city, Ibu Kota Nusantara (IKN). According to NEC, the MoU aims to "create a more sustainable and livable environment for citizens by adopting d...

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Read Nautilus unveils new modular data center offering
Nautilus unveils new modular data center offering
March 25, 2024

Nautilus unveils new modular data center offering

United States

Nautilus Data Technologies has launched a new product line known as EcoCore, based on the cooling technology the firm developed for its own data centers. The modular data center design offers 2.5MW of capacity. Nautilus said EcoCore “enhances prefabrication efficiency and streamlines the const...

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Read Eiyan closes $60 million Series B funding round
Eiyan closes $60 million Series B funding round
March 25, 2024

Eiyan closes $60 million Series B funding round

United States

Chiplet interconnect manufacturer Eliyan has closed a $60 million Series B funding round co-led by Samsung Catalyst Fund and Tiger Global Management and included participation from existing investors, including Intel Capital, SK Hynix, Cleveland Avenue, and Mesh Ventures. The funding round fol...

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Read Equinix accused of major accounting manipulations
Equinix accused of major accounting manipulations
March 23, 2024

Equinix accused of major accounting manipulations

Equinix

Short seller Hindenburg Research has accused data center REIT Equinix of "major accounting manipulations." The investigative reporting and researching company claims that Nadaq-listed Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs, by at leas...

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Read AtlasEdge relaunches Leeds data center
AtlasEdge relaunches Leeds data center
March 23, 2024

AtlasEdge relaunches Leeds data center

AtlasEdge

European data center firm AtlasEdge has relaunched a data center in Leeds, UK, after acquiring and renovating the facility. AtlasEdge has since invested more than £13 million to upgrade the site, known as LBA001, which is the first Tier III standard data center in the city. "We are delighted t...

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Read Microsoft signs carbon capture agreement in Mexico
Microsoft signs carbon capture agreement in Mexico
March 23, 2024

Microsoft signs carbon capture agreement in Mexico

Microsoft Azure

Microsoft has signed a six-year carbon capture agreement with The Next 150 and its General Biochar Systems (GBS) business unit, which runs the biochar plant near the city of Guanajuato.. This agreement will see Microsoft purchase 95,000 tons of carbon dioxide removal credits from a biochar pla...

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Read Canadian telco Rogers Communications blames outage on traffic accident
Canadian telco Rogers Communications blames outage on traffic accident
March 22, 2024

Canadian telco Rogers Communications blames outage on traffic accident

Canada

Canadian telco Rogers Communications has blamed its recent outage on a fiber optic cable cut between Guelph and Brampton after a crash knocked down traffic lights and wires, which happened at Claire Rd W and Gordon St in Guelph. “Customers in parts of Guelph and surrounding areas may be experi...

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Read Amazon signs new wind PPA in the UK
Amazon signs new wind PPA in the UK
March 22, 2024

Amazon signs new wind PPA in the UK

Amazon AWS

Amazon this week announced that it has signed a  Power Purchase Agreement (PPA)  with Iberdrola to to procure the output of an offshore wind farm in the UK. The deal is to offtake 159MW from the East Anglia Three offshore wind farm – equivalent to 700GWh of energy annually. Sergio Hernández de...

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Read LightSolver makes laser-based computing system generally available
LightSolver makes laser-based computing system generally available
March 22, 2024

LightSolver makes laser-based computing system generally available

Israel

Laser-based computing startup LightSolver has made its LPU100 system generally available to selected enterprise clients of LightSolver via the company’s new cloud platform.  This system utilizes all-optical coupled lasers that require no electronics to compute and combines the company’s all-op...

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Read Schneider Electric and Mainspring Energy partner on fuel-flexible microgrid solution
Schneider Electric and Mainspring Energy partner on fuel-flexible microgrid solution
March 21, 2024

Schneider Electric and Mainspring Energy partner on fuel-flexible microgrid solution

United States

Schneider Electric and Mainspring Energy have partnered on a fuel-flexible microgrid solution using Schneider's EcoStruxure offering and Mainspring's Linear Generator. The Schneider Electric-Mainspring Microgrid Solution enables customers to power their self-contained electrical network and in...

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