Data Center News

Read Carbon Streaming Corp. signs carbon capture agreement with Microsoft
Carbon Streaming Corp. signs carbon capture agreement with Microsoft

Carbon Streaming Corp. signs carbon capture agreement with Microsoft

October 02, 2023 Microsoft Azure

Carbon Streaming Corporation announced it had signed an agreement to provide Microsoft with biochar carbon removal credits from the Waverly Biochar project in Waverly, Virginia. The company noted that the Biochar project would deliver Microsoft up to 10,000 tonnes of carbon dioxide removal...

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Read Microsoft to extend DC footprint to Naas, Ireland
Microsoft to extend DC footprint to Naas, Ireland

Microsoft to extend DC footprint to Naas, Ireland

September 25, 2023 Microsoft Azure

Microsoft recently commenced plans to develop plans for a new Irish data center campus near Jigginstwon in Naas. Following reports by Kildare Nationalist, Microsoft has begun consultations with authorities for the proposed development of one of the two sites marked for DC usage in the Council’s...

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Read Stack inaugurates a data center in Toronto
Stack inaugurates a data center in Toronto

Stack inaugurates a data center in Toronto

September 22, 2023 STACK INFRASTRUCTURE

Stack Infrastructure has established a data center in Toronto, Canada. This week, the company revealed the dispatch of the first 8MW phase of the 56MW Ontario campus. First Gulf, a Toronto-based developer, collaborated with Stack to execute the initial 8MW data center by refurbishing an existing...

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Read STACK Infrastructure Completes 56MW Enterprise Toronto Facility Initial Phase
STACK Infrastructure Completes 56MW Enterprise Toronto Facility Initial Phase

STACK Infrastructure Completes 56MW Enterprise Toronto Facility Initial Phase

September 20, 2023 STACK INFRASTRUCTURE

STACK, a leading global developer and operator of data centers and the digital infrastructure partner to the most cutting-edge businesses in the world, announced the completion of the first phase at its flagship campus in Toronto. The first phase of the campus, with a total capacity of 56MW, is...

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Read Digital Realty to expand in Italy
Digital Realty to expand in Italy

Digital Realty to expand in Italy

September 07, 2023 Digital Realty Trust

Digital Realty has announced that it's expanding into the Italian market with a new Tier IV-quality data center, named ROM1. This announcement comes following the acquisition and pre-development planning of land in Rome. The facility will sit on a 22-hectare site, with construction set to...

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Read Digital Realty will construct a data center in Rome
Digital Realty will construct a data center in Rome

Digital Realty will construct a data center in Rome

September 07, 2023 Digital Realty Trust

Digital Realty plans to extend its operations into Italy and has already purchased land in Rome, the country's capital. Following the purchase of land in Rome and the subsequent pre-development planning for it, the company announced its entry into the Italian market last week. The ROM1 data...

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Read atNorth purchases HPC company Gompute
atNorth purchases HPC company Gompute

atNorth purchases HPC company Gompute

August 29, 2023 atNorth

atNorth, a Nordic data center company, has acquired Gompute, a Swedish High-Performance Computing (HPC) services provider. The terms were not disclosed. Gompute, a company founded in 2002, provides HPC-as-a-cloud services with bare-metal compute nodes for computer-aided engineering (CAE)...

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Read Microsoft creates Petronas HPC AI infrastructure
Microsoft creates Petronas HPC AI infrastructure

Microsoft creates Petronas HPC AI infrastructure

August 22, 2023 Microsoft Azure

The digital arm of the Malaysian energy company Petronas, Petronas Digital, has inked a contract with Microsoft to develop a high-performance computing (HPC) artificial intelligence (AI) infrastructure platform. The organization will use the platform to perform AI and machine learning to look...

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Read STACK Infrastructure Constructs Its First Data Center in Australia
STACK Infrastructure Constructs Its First Data Center in Australia

STACK Infrastructure Constructs Its First Data Center in Australia

August 22, 2023 STACK INFRASTRUCTURE

A new data center campus has been opened by Stack in Melbourne, Australia. This week, the company announced the conclusion of its MEL01 Asia-Pacific (APAC) data center. The 36MW MEL01A facility, situated on a 3.6-hectare site in Melbourne's Truganina region, is part of a 72MW campus that will...

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Read Digital Realty unveils high-density colocation solu with 70kW racks in 28 markets
Digital Realty unveils high-density colocation solu with 70kW racks in 28 markets

Digital Realty unveils high-density colocation solu with 70kW racks in 28 markets

August 08, 2023 Digital Realty Trust

Digital Realty, a global leader in the data center industry, has introduced a high-density colocation service in 28 markets across North America, EMEA, and Asia Pacific. The new service supports up to 70 kilowatts per rack of computing power. Digital stated that the increased rack densities were...

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Read Lumen, a US telco, loses $8.74bn due to non-cash impairment
Lumen, a US telco, loses $8.74bn due to non-cash impairment

Lumen, a US telco, loses $8.74bn due to non-cash impairment

August 03, 2023 Lumen Technologies

In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization to...

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Read Microsoft has submitted plans to construct two data centers in San Jose, California
Microsoft has submitted plans to construct two data centers in San Jose, California

Microsoft has submitted plans to construct two data centers in San Jose, California

August 03, 2023 Microsoft Azure

Microsoft has applied to construct two data centers in San Jose, California. On August 17, the San Jose Council Planning Division will convene to discuss Microsoft's plans for a 65-acre site at 1657 Alviso-Milpitas Road. The company seeks permission to remove 79 trees to construct two...

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Read Stack Infrastructure concludes its second $250 million debt financing of 2023
Stack Infrastructure concludes its second $250 million debt financing of 2023

Stack Infrastructure concludes its second $250 million debt financing of 2023

August 02, 2023 STACK INFRASTRUCTURE

$250 million in securitized notes have been issued as part of Stack Infrastructure's second round of structured debt financing for 2023. The funding round began a month ago with an initial goal of raising $100 million, which has since more than doubled. Since 2019, Stack has raised $2.3 billion...

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Read Microsoft increases data center and AI compute capex
Microsoft increases data center and AI compute capex

Microsoft increases data center and AI compute capex

July 28, 2023 Microsoft Azure

This past quarter, Microsoft's capital expenditures increased to $10.7 billion as the company reported spending significantly on data centers, computing, and networking. The company announced that spending would increase each quarter throughout fiscal 2024, already higher than the $7.8bn capital...

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Read Digital Realty sells TPG Real Estate 80% of Northern Virginia data centers stake for $1.3bn
Digital Realty sells TPG Real Estate 80% of Northern Virginia data centers stake for $1.3bn

Digital Realty sells TPG Real Estate 80% of Northern Virginia data centers stake for $1.3bn

July 28, 2023 Digital Realty Trust

TPG Real Estate now owns 80% of three Digital Realty data centers in the US state of Virginia's Northern Virginia. Digital will continue to oversee the daily operations of the joint venture's facilities. The data center business aims to utilize the $1.3 billion in proceeds from the transaction to...

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Read KPMG will invest $2 billion with Microsoft in AI and cloud services
KPMG will invest $2 billion with Microsoft in AI and cloud services

KPMG will invest $2 billion with Microsoft in AI and cloud services

July 28, 2023 Microsoft Azure

KPMG plans to invest $2 billion over the next five years in artificial intelligence (AI) and cloud services in partnership with Microsoft. The global expansion of the 'Big Four' accounting firm's relationship with Microsoft is anticipated to generate up to $12 billion in revenue over the next...

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Read Microsoft intends to invest $230 million in an additional data center in San Antonio, Texas
Microsoft intends to invest $230 million in an additional data center in San Antonio, Texas

Microsoft intends to invest $230 million in an additional data center in San Antonio, Texas

July 28, 2023 Microsoft Azure

Microsoft intends to construct another data center in the San Antonio, Texas, region. The corporation stated in applications with the Texas Department of Licensing and Regulation, initially reported by the San Antonio Business Journal, that the project would cost $230 million. The company intends...

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Read Microsoft pushes forward with data center projects in Brazil
Microsoft pushes forward with data center projects in Brazil

Microsoft pushes forward with data center projects in Brazil

July 26, 2023 Microsoft Azure

Microsoft has shared its plans for further expansion in Brazil, with a new data center in the Campinas area of São Paulo state, Brazil. Located in Hortolândia, details on the facility obtained by BNAmericas, reveal the giant’s plans for the installation of a data center on greenfield land with 39...

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Read Reliance joins Brookfield and Digital Realty's Indian data center JV
Reliance joins Brookfield and Digital Realty's Indian data center JV

Reliance joins Brookfield and Digital Realty's Indian data center JV

July 26, 2023 Digital Realty Trust

Reliance Industries, the largest business group in India, revealed that it would join Mercury Holdings SG Pte, the current joint venture between Brookfield Infrastructure and Digital Realty, to construct data centers in India. By acquiring a 33,33 % stake in the existing JV, Reliance Industries...

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Read Stack Infrastructure intends to raise $100 million in secured notes
Stack Infrastructure intends to raise $100 million in secured notes

Stack Infrastructure intends to raise $100 million in secured notes

July 26, 2023 STACK INFRASTRUCTURE

Stack Infrastructure seeks to raise $100 million by issuing securitized notes. After raising $250 million in March, this will be Stack's second fundraising round this year and sixth overall. It will begin on July 24. The notes have received an A-2 rating from S&P Global. This is presently set...

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