Data Center News

Nscale to Expand Glomfjord Data Center in Norway

AI cloud firm Nscale has partnered with prefab data center provider InfraPartners to add 30MW of capacity next to Nscale’s existing 30MW facility in the Glomfjord Industrial Park, Norway.“InfraPartners has developed the first fully modular data center for AI workloads. We are changing the way ...

OADC Plans $240m Data Center in Lagos, Nigeria

Pan-Africa data center firm Open Access Data Centres (OADC) is set to spend $240 million on a 24MW data center in Lagos, Nigeria. Its CEO Dr. Ayotunde Coker mentioned to the press at an event held last week that the project would be built in two stages, with the first 12MW set to come online i...

DataOne Secures Investment from US Concrete Firm

European data center firm DataOne has secured investment for its new US subsidiary from a concrete company Northeast Precast which has now taken a minority shareholder position in DataOne USA.Charles-Antoine Beyney, CEO of DataOne, said: “I have been fortunate to start and successfully exit se...

Eurazeo Partners with Metrobloks for €100m Data Center Push

European investment fund Eurazeo has announced a €100 million partnership with Metrobloks, a US-based developer and operator of data centers in metropolitan areas. The companies will acquire land and develop data centers in Europe’s Tier 1/FLAPD markets, as well as emerging Tier 2 markets such...

Apple Launches New Clean Energy Fund in China

US technology provider and manufacturer Apple has launched a new clean energy fund in China worth an estimated 720 million yuan ($99.26m). This marks the second clean energy fund the company has launched in the country.The fund has a goal of adding around 550,000MWh of wind and solar capacity ...

SUB1 Secures Investment from Boultbee Brooks

A new UK data center developer SUB1 this week announced a major strategic investment from Boultbee Brooks Real Estate. The developer aims to focus on redeveloping brownfield sites on industrial estates and business parks with existing or potential on-site power to quickly deploy high-performan...

SoftBank to Acquire Ampere Computing for $6.5bn

SoftBank plans to acquire Ampere Computing for $6.5 billion. The company will now operate as a wholly owned subsidiary of SoftBank Group and retain its name, while lead investors Carlyle and Oracle will sell their stakes.SoftBank, meanwhile, remains the single largest shareholder of Arm, which...

Equinix Raises SGD $500m in Green Bonds

Equinix has issued SGD $500 million (US$375m) in green bonds to help fund efficiency improvements at its data centers in Singapore. The company claims to be the first US company to access the Singapore dollar market in more than five years, and will utilize the proceeds from the bond issue to ...

Oracle Announces $5bn investment plan for the UK

Oracle this week announced plans to invest $5 billion over the next five years to expand Oracle Cloud Infrastructure’s (OCI) footprint in the UK and help the UK Government "deliver on its vision for AI innovation and adoption."Siobhan Wilson, senior vice president and country leader for Oracle...

Alfanar Plans $1.4bn Investment in Saudi Arabia

Alfanar Global Development revealed it would be developing four data centers in Saudi Arabia last month during the LEAP 2025 event and has now disclosed that it plans to spend $1.4 billion on developing data centers in the country.The data centers will be "strategically located" across Riyadh ...

Accenture to Buy Construction Consultancy Firm Soben

Accenture is buying construction consultancy Soben which specializes in developing data centers, as well as pharma and energy projects. for an undisclosed sum in order to boost its data center development expertise.“The market for capital projects and especially data centers is growing rapidly...

Cathedra Sells Cryptomine Data Center in North Dakota

Cathedra Bitcoin, a Vancouver-based developer and operator of crypto mining and data center infrastructure, has announced the sale of a 60MW Bitcoin mining facility in North Dakota to an unnamed third-party Bitcoin miner for a fee of $21 million. The company intends to use the funds to “develo...

Celestial AI Raises $250m in Funding Round

Optical interconnect company Celestial AI has closed a $250 million Series C1 funding round which was led by Fidelity Management & Research Company and saw participation from existing investors AMD Ventures and Koch Disruptive Technologies, and new investors BlackRock, Maverick Silicon, an...

Microsoft to Purchase 1.5 Million Tons of Carbon Removal Credits in India

Microsoft Azure

Microsoft has agreed to purchase 1.5 million tons of carbon removal credits over the next 30 years from a large-scale afforestation project in India. The agreement was signed with Climate Impact Partners, a provider of carbon markets solutions, and Terra Natural Capital, a firm that offers cli...

PDG Converts $105m Loan to Green Financing

APAC-focused data center firm Princeton Digital Group (PDG) this week converted a $105 million loan into green financing for its 22MW JC2 data center campus in Jakarta, Indonesia. The conversion was arranged in collaboration with Green Loan Coordinators, PT Bank DBS Indonesia, and PT Bank UOB ...

Eaton Acquires Fibrebond Corporation

Eaton this week announced it has signed an agreement to acquire Fibrebond Corporation, a designer and builder of pre-integrated modular power enclosures for data center, industrial, utility, and communications customers.“Fibrebond is known for its engineering capabilities and customer focus in...

QuamCore Secures $9m Funding

Israeli quantum computing firm QuamCore has secured $9 million in seed funding in a round led by Viola Ventures and Earth & Beyond Ventures. The company emerged from stealth this week and with a patented architecture it claims will enable the integration of one million qubits into a single...

Virgin Media O2 to Invest in UK Mobile Coverage Boost

Virgin Media O2 has announced plans to invest £700 million ($904m) into its mobile network this year in an effort to improve its reliability, speed, and coverage across the UK. The investment will be used to plug gaps in the telco's coverage in the country as the carrier reports that traffic o...

OpenAI Signs AI Cloud Deal with CoreWeave

OpenAI has agreed an $11.9 billion deal to buy services from CoreWeave, which will see it take an equity stake in the AI cloud provider. This deal comes just before CoreWeave’s stock market debut, which is expected to happen in the next few weeks via an IPO. It will see OpenAI receive CoreWeav...

JLL Secures Management Contract with Pure DC

JLL has announced it has secured a landmark facilities management contract with Pure Data Centres for a data center in Abu Dhabi, UAE. The company said its offerings will comprise ongoing maintenance and support for Yas Island’s low-voltage and high-voltage electrical systems, including its UP...