April 15, 2024 Texas
Samsung Electronics has announced it will invest $40 billion to build a semiconductor cluster across a number of locations in Texas with a $6.4bn in direct funding under the US Chips and Science Act to support the development. The Taylor fabs are expected to be up and running by 2026 and Samsung...
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April 09, 2024 Singapore
Alibaba has revealed that it is now slashing its prices by as much as 59 percent for customers "from the US to Singapore." This comes shortly after the company's March 2024 announcement that it would be cutting cloud costs for its Chinese customers by up to 55 percent with the hope of winning...
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April 08, 2024 Singapore
Singaporean real-estate firm Asia-Pacific Strategic Investments Limited (APS) this week announced plans to acquire a 100 percent stake in Taiwanese sustainable data solutions provider, Mobii Genius Co., Ltd., for US$150 million. “Creating green data processing and storage facilities is of...
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April 05, 2024 Amazon AWS
Amazon Web Services (AWS) has launched a cloud-based rendering service called Deadline Cloud which will enable users to deploy and scale up graphics and handle visual effects (VFX) rendering on AWS cloud infrastructure. This rendering service is aimed at customers in media and entertainment, and...
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April 04, 2024 Indiana
The South Korean chip manufacturer SK Hynix has confirmed earlier reports about building an advanced chip packaging facility in Indiania as it revealed its plans to invest $3.87 billion in the plant which will produce next-generation high bandwidth memory (HBM), the highest-performing Dynamic...
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April 04, 2024 Sweden
Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milestone...
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April 02, 2024 California
Steelmaker Nucor Corporation this week announced that it has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and a data center supplier and launched a new business unit that will help better serve its customers in the data center infrastructure industry. Nucor said SWDP and the...
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April 01, 2024 Amazon AWS
Amazon has invested an additional $2.75 billion in AI startup Anthropic in a deal which marks the second round of funding provided by the cloud and eCommerce giant under a previously agreed plan to invest up to $4bn in the startup. Amazon made an initial investment of $1.25bn for a minority stake...
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March 26, 2024 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...
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March 26, 2024 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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March 26, 2024 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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March 22, 2024 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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March 16, 2024 Amazon AWS
Electronics giant Philips and AWS have partnered for a medical technology project to make digitalized pathology slides available at scale in the cloud. This is an expansion of the existing relationship with both companies, with Philips having selected AWS as its cloud partner seven years ago....
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March 15, 2024 Sydney
Western Sydney International Airport (WSI) has selected CDC Data Centres for its digital tower deployment. WSI will be one of the first in Australia to run a digital air traffic control tower and has partnered with CDC, Frequentis Australasia, and Airservices to develop the system. WSI will...
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March 12, 2024 Sydney
Western Sydney International Airport (WSI) has selected CDC Data Centres for its digital tower deployment. WSI will be one of the first in Australia to run a digital air traffic control tower and has partnered with CDC, Frequentis Australasia, and Airservices to develop the system. WSI will...
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March 06, 2024 Amazon AWS
Global payment processing company Wex Inc. has completed its primary could migration with the full migration of the benefits segment in its annual report. The report did not disclse the cloud provider it moved to. However, the company in 2021 announced that it was entering into a multiyear...
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March 06, 2024 Amazon AWS
Amazon Web Services has acquired Talen Energy’s 960MW Cumulusdata center campus at a nuclear power station in Pennsylvania. According to the investor presentation, Talen sold the site and assets of Cumulus Data for $650 million. The deal comprises $350 million at close and $300m escrowed,...
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March 05, 2024 Singapore
Telkom Indonesia has consolidated its Singapore data centers under one umbrella unit ahead of a potential sale. The company wrote on LinkedIn that this marks a “significant milestone in our journey toward becoming a regional powerhouse in the data center industry,” “The rationale behind this...
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March 04, 2024 California
AI chip startup Groq has acquired Definitive Intelligence for an undisclosed sum to support its newly formed GroqCloud unit, which Definitive Intelligence co-founder and CEO Sunny Madra will lead. GroqCloud is a cloud platform that provides Groq hardware documentation, code samples, and on-demand...
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February 27, 2024 South Korea
Korean telco SK Telecom (SKT) is teaming up with liquid cooling specialist Iceotope and lubricant developer SK Enmove to design a new liquid cooling solution for AI data centers. The companies will collaborate to deploy precision liquid cooling (PLC) using SK Enmove’s thermal fluid at SKT’s AI...
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