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...
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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...
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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...
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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,...
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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,...
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December 12, 2023 Equinix
Colocation firm Equinix announced this week that it plans to expand support for liquid cooling technologies – including direct-to-chip – to more than 100 of its International Business Exchange (IBX) data centers in more than 45 metros globally. Tiffany Osias, VP of global colocation at Equinix...
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December 05, 2023 Equinix
Equinix announced this week that it signed a ten-year Power Purchase Agreement (PPA) to procure solar energy in Portugal Sonnedix’s first Portuguese solar PV project, the 149MW Sonnedix Douro. Axel Thiemann, CEO of Sonnedix, said, “We are very pleased to be extending our relationship with Equinix...
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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...
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December 03, 2023 Jakarta
Jakarta-based PT Dayamitra Telekomunikasi Tbk (Mitratel) revealed last week that it recently acquired 803 towers from infrastructure operator PT Gametraco Tunggal for around $113 million. The Telkom Indonesia subsidiary noted that this acquisition includes 1.327 tenants, confirming that 562 of...
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November 25, 2023 Spain
Spanish cloud company Gigas has planned to invest €3 million this year in its Oni data center in Lisbon, Portugal. The company purchased Portuguese telco Oni from MásMóvil in November 2020 for €40 million and plans to double the number of data rooms the 2,000 square meters site offers to ten,...
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November 22, 2023 Johannesburg
Pan-African operator Open Access Data Centers (OADC) plans to expand its data center in Johannesburg, South Africa, and has reportedly begun work on phase two expansion of its Isando facility, which is expected to be complete in Q1 2024, adding 4MW and 600 racks. Darren Bedford, group chief...
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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...
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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...
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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...
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November 17, 2023 Spain
Fibra Medios Telecom announced the launch of a new data center facility in Murcia, Spain, this week. This new facility known as the CPD Titan facility spans across 1,400 square meters and can host up to 120 cabinets across nine data rooms. This new facility also features two fiber entry vaults....
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October 31, 2023 Abu Dhabi
High altitude pseudo satellite (HAPS) firm Mira Aerospace has successfully conducted a 5G connectivity trial from the stratosphere - which ranges from 4-12 miles (6-20 km) above the Earth's surface to around 31 miles (50km). Mira said in an announcement last week, “Our team is excited to announce...
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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...
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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...
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October 20, 2023 Spain
The Spanish government opened the latest phase of its €1 billion funding project aimed at rolling out 5G Standalone (SA) to rural areas across the country to reduce the digital divide between urban and rural areas, as almost a fifth of the country’s population live in the rural areas. In this new...
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October 18, 2023 Equinix
An outage at an Equinix data center on Saturday brought DBS and Citibank banking services in Singapore offline. This outage also affected other services in its Asian region including the Philippines, Hong Kong and India as people complained about having issues with Facebook, Instagram, WhatsApp,...
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