April 06, 2023 Vantage Data Centers
With the formation of a new investment partnership, Vantage Data Centers has added new investors to its roster along with DigitalBridge. This week, the company disclosed that it has signed a legally binding agreement to establish an investment partnership with a group of investors, including...
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April 04, 2023 Google
Google has announced that it has launched a new cloud region located in Doha, Qatar, following the tech giant first announcing plans for expansion in this regard in 2020. The cloud region, the second that Google has launched this year, also launches alongside three availability zones and the...
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April 04, 2023 Google
Recent figures from S&P Global have revealed that the amount of renewable power purchased by data center operators has surged 50 percent in just a year. This latest figure now means that the sector utilizes two-thirds of the renewable power available to corporates in the US. The report...
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March 27, 2023 Google
Google has announced the development of a new Request for Proposal (RFP) system in collaboration with LevelTen Energy which it said will reduce the time required to sign a Power Purchase Agreement (PPA). This development comes from Google to simplify RFPs for PPAs which it said are "lengthy,...
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March 24, 2023 Google
Google has introduced a new cloud region in Turin, Italy. The company did not disclose the new region's details or specs, although it did note that it has three availability zones and offers standard GCP services. After a busy 2022, it is the first new region the company has introduced in 2023....
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March 23, 2023 Meta
Meta has announced that it has signed a new PPA for solar energy. The PPA, with Avangrid, will see the giant source 240MW of energy from the True North solar farm which is currently under development in Falls County, Texas, the former's first in the state. The solar farm is set to launch in early...
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March 15, 2023 Meta
After letting go of around 11,000 workers in the latter part of last year, Meta aims to let go of about 10,000 individuals. As part of CEO Mark Zuckerberg's 'Year of Efficiency' appeal to investors to improve a falling share price, the corporation will also eliminate 5,000 unfilled positions....
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March 13, 2023 Meta
Meta's job cuts continue, with the announcement last week that the giant is driving forward with its so-called "year of efficiency." CEO Mark Zuckerberg first announced massive cuts back in November; now, thousands more are set to be laid off. According to experts, while the first cuts were a...
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March 09, 2023 Vantage Data Centers
Inquiries are being made by DigitalBridge Group about selling a small portion of Vantage Data Centers. The CEO of DigitalBridge, Marc Ganzi, stated on the company's most recent quarterly results call that it wanted to raise more money while also focusing on the deconsolidation more of its...
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February 24, 2023 Meta
Meta has sold a property in Mesa, Arizona, to the developer of data centers, EdgeCore Internet Real Estate, for $1.2 million. The lot, situated at 3856 S. Everton Terrace and comprising approximately 15 acres of land, has been acquired by EdgeCore as part of its substantial investment in the...
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February 23, 2023 US Signal
Data center and network services company US Signal has been fully acquired by investment firm Igneo Infrastructure Partners. The investment, which was initially disclosed in September 2022, is Igneo's first in the US telecommunications and digital infrastructure industry. In light of the...
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February 23, 2023 DataBank
DataBank is collecting $715 million on the market for asset-backed securities (ABS) to develop its data center infrastructure. Kroll Bond Rating Agency has disclosed in a pre-sale report information on the financing. The deal's issuer and co-issuer are represented by DataBank Issuer, LLC and...
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February 15, 2023 Google
Following the successful introduction of Arm server processors by Amazon Web Service, Google Cloud is preparing two Arm CPUs for its cloud service. Before launching the cloud service in 2025, the firm made a significant stride and will put them into trial operation this year. The cloud servers...
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February 14, 2023 Google
Uber Technologies wants to close its data center facilities after signing two significant cloud contracts. In two seven-year contracts, it will migrate over 95% of its IT to Google Cloud and Oracle from its own data centers. After 11 months of analysis, the taxi and delivery startup opted to use...
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February 09, 2023 Google
Late on Wednesday, there was a Twitter outage that prevented users from Tweeting, following accounts, or sending direct messages. A notification stating that the "daily limit of tweets has been reached" was displayed to certain users. Elon Musk, the CEO and new owner, advised workers in an email...
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February 08, 2023 Meta
In a cost-cutting effort, Meta claims to have rebuilt its data centers to be less expensive and quicker to build. Meta canceled or paused data centers worldwide and redesigned them for additional artificial intelligence demands late last year. Facebook's Danish data center development and Texas,...
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February 07, 2023 Vantage Data Centers
Vantage Data Centers has filed for a Loudoun County campus near Ashburn. Vantage applied for federal and state approvals for its VA3 data center facility with the US Army Corps of Engineers district commander. Vantage plans to build a "large-scale data center complex" on 134 acres west of Belmont...
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January 25, 2023 Google
Alphabet, Google's parent company, has announced that it is making further cuts to its staff, and is set to lose around 6% of its global workforce. The giant's reasoning for the significant downsizing is similar to the reasons cited by other tech firms that have cut back on staff in recent...
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January 16, 2023 Vantage Data Centers
CleanArc Data Centers, a new data center platform, has just launched, as a product of 547 Energy, a clean energy investment firm and led by Vantage Data Centers founder Jim Trout. According to the company, it will offer hyperscale customers green developments via bundling new data center campuses...
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January 12, 2023 Meta
Meta has signed a PPA with BP to source renewable energy from an upcoming a 134MWdc (107MWac), 675-acre Arche Solar farm project in Ohio, developed by BP 50:50 joint-venture partner and subsidiary Lightsource BP. The social media company will reportedly receive 100% of the power from the site....
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