January 09, 2024 Stockholm
New Swedish operator T.Loop has acquired a 800 square meter data center located in the center of Stockholm, Sweden. Details about ths facility including the seller and the terms of the transaction have not been shared. However, the company noted that this facility will be modernized throughout...
Read more
December 28, 2023 Digital Realty Trust
Digital Realty has announced that it signed a renewable energy agreement with the energy service provider Süwag Energie AG to procure hydroelectric power in Germany. Following this agreement, Digital Realty has secured Guarantees of Origin (GoOs) for 6,000MWh of hydropower – originating from the...
Read more
December 27, 2023 Barcelona
The MareNostrum 5 supercomputer was recently inaugurated in Barcelona, Spain, hosted by the Barcelona Supercomputing Center. It cost roughly €151 million to acquire and maintain this supercomputer, a fee which was split evenly between the EU and a Spanish-led consortium which includes Portugal...
Read more
December 22, 2023 Singapore
Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Agency...
Read more
December 21, 2023 Houston
Space infrastructure business Axiom Space has planned to develop an 'orbital data center.' The company is currently developing the world’s first commercial space station, which will initially be a part of the International Space Station, but is planned to separate and remain in orbit, once the...
Read more
December 19, 2023 Boston
Photonic computing company Lightmatter has now been crowned a Unicorn, raising $155 million at a $1.2 billion valuation. This funding is part of the series C investment round, which helped the company raise $154 million in May, successfully tripling the company’s value at the time. Overall,...
Read more
December 14, 2023 Singapore
Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, wind,...
Read more
December 07, 2023 Digital Realty Trust
Digital Realty recently revealed plans to set up a joint venture with Blackstone-affiliated funds led by Infrastructure, Real Estate, and Tactical Opportunities. This joint venture worth $7 billion will be used to develop four hyperscale data center campuses in Frankfurt, Germany; Paris, France;...
Read more
December 04, 2023 Stockholm
New data center firm Evroc announced last week that it has signed an agreement with Arlandastad Group to select Stockholm as the location for its first facility and build it in 2024. The company also mentioned that it plans to invest €600 million in the project, which is one of ten it intends to...
Read more
November 20, 2023 San Francisco Bay Area
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...
Read more
November 19, 2023 San Francisco Bay Area
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 technology...
Read more
November 18, 2023 London
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 current...
Read more
November 16, 2023 Digital Realty Trust
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...
Read more
October 26, 2023 New York
Quantum computing firm D-Wave is facing delisting from the New York Stock Exchange over its low stock price for the second time this year. The company announced this week that it received a notice from the NYSE that it is not in compliance with listing requirements as the average closing price of...
Read more
October 23, 2023 London
Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...
Read more
October 23, 2023 Digital Realty Trust
Digital Realty joint venture Digital Connexion has named CB Velayuthan as its new CEO and he has taken over leadership of Brookfield/Digital/Reliance Jio joint venture previously known as BAM Digital Realty. Velayuthan said to the media, “India is one of the most dynamic markets in our industry...
Read more
October 13, 2023 Digital Realty Trust
Digital Realty has partnered with a Dutch vocational college in Amsterdam to launch a new demo data center to teach students data center skills. Students from the Cloud & Infrastructure Technician course opened the demo data center at MBO College Zuidoost this week. Melissa Scholten, senior...
Read more
October 11, 2023 Singapore
Singaporean large language model provider 6Estates recently launched an Nvidia DGX BasePOD based on Nvidia GCX H100 systems to develop its AI offerings. The company will use this BasePOD for its "Model Solutions" offering, which provides users with personalized large language models. The cluster...
Read more
October 06, 2023 Digital Realty Trust
Global cloud provider Digital Realty announced its acquisition of a land parcel in Zagreb, Croatia for the construction of a new data center campus as it plans to expand its footprints in Southeast Europe. This plot of land, located close to its existing data center campus can support up to 30...
Read more
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...
Read more