News

DXC Technology announced this week that it is set to move about 1,000 of its biggest IT outsourcing customers to Amazon Web Services (AWS), who will then migrate their workload due to the expanded relationship between both companies. AWS will also serve as DXC’s primary cloud provider and dive...

Skybox Datacenters announced this week that it is planning a new 300MW, 1 million square feet data center facility known as PowerCampus Dallas in Texas. This 115-acre site is located in Lancaster, south of Dallas, and will feature an on-site substation. The company said on LinkedIn, “Skybox Da...

Microsoft has recruited Sam Altman, Greg Brockman, and other OpenAI researchers who left the startup over the weekend to head a new advanced AI research team.  The OpenAI board abruptly fired Altman, saying he was "not consistently candid in his communications with the board, hindering its abi...

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 ...

Norway’s Green Mountain announced this week that it was granted approval to develop a new building at its data center campus outside Oslo, Norway. This planned facility will be a three-story, 9,600 square-meter building at its Enebakk campus, and construction is expected to start soon and be c...

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...

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...

State-majority-owned Telenor has agreed to sell its subsidiary Telenor Satellite to state-owned Space Norway for NOK 2.36 billion ($217.1m). To finance this acquisition, Norwegian Minister of Trade and Industry, Jan Christian Vestre said the government will propose to the Parliament that Space...

The US Bankruptcy Court for the District of New Jersey this week approved the sale of substantially all of the Cyxtera assets to Brookfield Infrastructure Partners for $775 million. Both companies expect this deal to be finalized by the first quarter of 2024. Nelson Fonseca, Cyxtera CEO said, ...

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...

Swedish data center firm EcoDataCenter has raised €170 million ($184.3m) in debt financing from a consortium of banks comprising KfW IPEX and Kommunalkredit as global coordinators and mandated lead arrangers, and Investec and NIBC as mandated lead arrangers. This fund will be used to “enhance ...

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...

APAC-focused operator Digital Edge has secured its first green loan worth $335 million to support the first phase of the previously announced 100MW data center project in Seoul (SEL2), South Korea. Once completed, the SEL2 will be the largest commercial data center project in South Korea, and ...

Colocation company CyrusOne recently completed the shell and core of its first data center in Spain and threw a traditional flag-flying ceremony to celebrate it. The MAD1 facility, situated on a five-acre site, is a two-story facility with an IT capacity of 18MW across 6,000 square meters. Thi...

DataBank announced it has acquired 85 acres of land in Culpeper, Virginia, to construct a new data center campus, which will host up to three two-story data centers offering 1.4 million square feet of space. The new facility will use DataBank’s recently announced Universal Data Hall Design (UD...

Digital Realty and Realty Income Corporation established a joint data center venture in Northern Virginia. Following their agreement, the real estate investment firm invested $200 million and will get an 80 percent equity interest in two data centers currently under construction in Northern Vi...

Microsoft has recently announced it is working on two in-house designed semiconductors. One is an Arm CPU called the Microsoft Azure Cobalt CPU, designed for general workloads, focusing on performance per watt and a dedicated AI accelerator. The other is the Microsoft Azure Maia AI Accelerator...

Colocation company CyrusOne has filed with the Texas Department of Licensing and Regulation to build a new data center for the 'CyrusOne SAT 8 & 9' project in San Antonio, Texas. The application notes that the company intends to invest $15 million in building a two-story data center and of...

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, "...

American Tower's African subsidiary, ATC Africa, recently signed a communication agreement with MTN Nigeria focused on 'driving sustainable networks.' Following this agreement, ATC Africa will facilitate new tenancies for MTN Nigeria over a multi-year period, starting in the second half of nex...