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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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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September 05, 2023 EdgeConneX
EdgeConneX plans to establish a new data center facility in Phoenix, Arizona, to expand its presence there. According to BizJournal, the company has applied for Mesa's administrative and design reviews to construct a multi-phased campus near Elliot Road and Loop 202. EdgeConneX wants to build a...
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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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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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August 22, 2023 EdgeConneX
EdgeConneX Ireland has appealed to An Bord Pleanála against South Dublin County Council's decision to deny its proposed data center. The company intended to construct two adjacent data centers on its Dublin Campus in Ballmakaily, Lucan, Dublin, on Newcastle Road. Two single-story data centers...
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August 22, 2023 Cogent Communications
Cogent Communications intends to transform the former Sprint switching plant real estate footprint acquired from T-Mobile into a substantial colocation data center portfolio. T-Mobile announced in September 2022 that it had agreed to sell its Wireline business to Cogent for a symbolic $1, with...
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August 10, 2023 Equinix
Equinix will invest $42 million in a new data center in Mumbai, India. The MB4 data center is anticipated to be operational by the end of the fourth quarter 2023. The MB4 data center is in the Kalwa Industrial Area, approximately 9 miles from the company's two other IBX data centers in Mumbai....
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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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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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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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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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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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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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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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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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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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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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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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July 21, 2023 Compass Datacenters
Compass Datacenters, which was recently taken over, is planning to purchase a former Sears office complex in Chicago, Illinois, presumably for a new data center campus. The data center constructor and operator are "poised" to acquire the Sears site in the Hoffman Estates neighborhood, as first...
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