April 29, 2024 Kyndryl
IBM has signed an agreement with both the Quebec government and the Canadian government to strengthen the country’s semiconductor industry. Following this agreement, IBM and the two governments invest C$187 million (US$137m) in the company’s Bromont plant in Quebec to bolster the country’s...
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April 29, 2024 Amazon AWS
Amazon Web Services (AWS) is set for an annualized revenue run rate of $100 billion as its first quarter has seen revenue of $25 billion, representing Year-on-Year (YoY) revenue growth of 17.2 percent, up from 13.2 percent in Q4 of 2023. CEO Andy Jassy told investors during the earnings call:...
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April 26, 2024 Microsoft Azure
Microsoft, during its quarterly earnings call revealed that its cloud unit surpassed $31.8 billion in revenue for the quarter, up by 24 percent YoY. This led to a 4% increase in the company’s stock market, bridging the value to $128 billion. "We have the most comprehensive cloud footprint with...
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April 26, 2024 Google
Google this week revealed plans to expand its footprint in Indiana with a $2 billion data center in Fort Wayne. It also announced a collaboration with Indiana Michigan Power Company (I&M) to add clean energy to the local grid. “We are thrilled to announce our investment in Fort Wayne as the...
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April 25, 2024 Amazon AWS
Amazon Web Services has revealed that it is behind a planned data center in Indiana. The state overnor Eric J. Holcomb this week announced plans to invest $11 billion to build a data center campus in north central Indiana – the largest capital investment announcement in Indiana’s history....
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April 24, 2024 Microsoft Azure
Coca-Cola has made a $1.1 billion investment to use Microsoft's cloud and artificial intelligence (AI) services as part of a five-year agreement that will see Microsoft support Coca-Cola's core technology strategy systemwide. “This new agreement builds on the success of Coca-Cola’s partnership...
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April 24, 2024 Kyndryl
IBM is set to buy out HashiCorp, a vendor that makes software to help businesses manage digital infrastructure, for $6.4 billion. It will pay $35 per share for HashiCorp. The company’s stock had been trading at a price of $24.88 before the deal was announced. "Enterprise clients are wrestling...
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April 24, 2024 Digital Realty Trust
Digital Realty has revealed that it will be partnering with energy firm Enel X to roll out grid-balancing UPS systems in Ireland. The integrated battery banks, housed within Digital Realty’s Irish data centers, will relieve grid dependence on fossil fuel power plants during periods of frequency...
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April 23, 2024 Vantage Data Centers
Vantage Data Centers has revealed that it will be spending €1 billion on a new data center campus development in Dublin. The campus will be built at Profile Park, Grange Castle, a data center hub nine miles south of Dublin which is already home to the likes of Google, Digital Realty, and...
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April 22, 2024 Google
Google has terminated the employment of 28 employees on Wednesday. This comes after a series of internal protests about labor conditions and the company's contract with the Israeli government and military. The protests were led by the "No Tech For Apartheid" organization. One of the protestors...
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April 12, 2024 EdgeConneX
This week, EdgeConneX announced it had secured an additional $1.9 billion in sustainability-linked financing to support its EMEA expansion. The company mentioned that this financing consolidates it’s portfolio across EMEA, transitioning it from “stand-alone project-based funding to a more robust...
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April 11, 2024 Google
Google has revealed its plans to invest $1 billion in creating two new subsea fiber cable routes between the US and Japan which will be called Proa and Taihei and will be built by Japan's NEC Corp. In a blog post, Google revealed that the investment is in support of Google's Japan Digitization...
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April 10, 2024 Vantage Data Centers
Vantage Data Centers this week announced that it will open a second Zurich campus (ZRH2) this summer. This new campus located 30 kilometers north of Zurich’s City Center in Glattfelden, will offer a total of 226,000 square feet (21,000 sqm) of space and 24MW of critical IT capacity. “Zurich is a...
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April 08, 2024 Google
Tape Ark has moved a significant collection of tape-based sports video footage to Google Cloud. The cloud ingest of the collection measures over 40 petabytes of video footage. By moving it to the cloud, the broadcaster will be able save time and money on the maintenance of the collection...
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April 06, 2024 Kyndryl
IBM and Rensselaer Polytechnic Institute (RPI) have launched a quantum computer at RPI’s campus in New York. A chapel that the university repurposed in the 1960s, the quantum computer is be positioned next to a stained glass window and serves as a focal point of RPI’s new Curtis Priem Quantum...
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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 05, 2024 EXA Infrastructure
European Edge firm nLighten has acquired seven data centers from sister company Exa Infrastructure in a move which positions it as a "frontrunner" in the European data center market, while allowing Exa to focus on its terrestrial and subsea fiber network. This expansion brings nLighten's total...
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April 04, 2024 Google
Google has signed more than 1.5GW worth of Power Purchase Agreements (PPAs) in the last 12 months. The company bought this amoung of clean energy through a new PPA procurement process developed in partnership with LevelTen Energy, which has now been released via the energy broker. “LEAP is...
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April 02, 2024 Microsoft Azure
Microsofr this week announced that it has entered into a two 200MW Power Purchase Agreements (PPA) with Energy firm Leeward Renewable Energy (LRE) which will help it purchase the power generated from two 200MW LRE solar facilities currently under development in Texas: Morrow Lake Solar in Frio...
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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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