Data Center News

Equinix surpasses $1bn EBITDA for Q2

Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. The company Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. Furthermore, the quarter's results saw operating income up 20 percent compared to the previous qua...

August 09, 2024

Equinix

Google Cloud offers Y Combinator startups access to dedicated Nvidia GPU cluster

Google Cloud has announced that it will be offering Y Combinator startups access to a subsidized cluster of Nvidia GPUs and Google's tensor processing units (TPUs) to build artificial intelligence (AI) models. Google will also be offering priority access to the Summer 2024 cohort of startups, ...

August 02, 2024

Google

Humana selects Google Cloud for its IT infrastructure

Humana Inc., a healthcare insurance company and Google Cloud have entered into an agreement which will see Humana modernizing its cloud infrastructure with Google Cloud, and using the Google's artificial intelligence technologies. Jim Rechtin, Humana CEO said: “Embracing technology solutions...

July 31, 2024

Google

Jaguar's Formula E team selects Google Cloud as cloud partner

Jaguar's Formula E team has selected Google Cloud as cloud partner and will be using Google Cloud's artificial intelligence (AI) and cloud computing technologies both on and off the track during the 2024/25 season. James Barclay, managing director of JLR Motorsport and Jagar TCS racing team pr...

July 27, 2024

Google

Blackstone claims a data center portfolio of $55bn

Investment management company Blackstone in its latest earnings call mentioned that it has more than $70 billion in prospective data center pipeline development and over $70 billion in prospective data center pipeline development. CEO Stephen Schwarzman said that "the consequences of AI are as...

July 25, 2024

QTS Data Centers

Equinix announces expansion into the Philippines with three data centers

Equinix this week announced that it will be entering into the Philippines market after purchasing three facilities from Total Information Management, a local technology solutions provider. This deal comprises three carrier-neutral and interconnection-rich data centers with more than 1,000 cabi...

July 23, 2024

Equinix

Google launches air-gapped GDC hardware

Google has launched an air-gapped version of its Google Distributed Cloud (GDC) hardware for AI which will enable enterprises to use cloud infrastructure for AI workloads in challenging environments outside of Google's data centers. Sachin Gupta, Google Cloud's general manager for infrastructu...

July 20, 2024

Google

Google signs new digital infrastructure and cloud computing MoU

Google has signed a memorandum of understanding (MoU) with the Government of Romania and the company for ‘projects in digital infrastructure, innovation, and research.’ Local press has also reported that Google is in negotiations to invest $2 billion in developing data centers in the country....

July 18, 2024

Google

Upstack acquires consulting firm Performance Networks in Denver

Data center directory firm Upstack has acquired Performance Networks, a telecommunications consulting company based in Denver which specializes in sourcing and managing complex telecom networks primarily for large enterprises.“Performance Networks’ commitment to customer experience and client...

July 15, 2024

Denver

Ericsson to book impairment charge for Vonage acquisition

Ericsson has confirmed that it will record a noncash impairment charge of 11.4 billion Swedish crowns, which reflects lower anticipated market growth in some of Vonage’s current portfolio."We continue to advance our strategy to build a Global Network Platform for network APIs, which was the st...

July 05, 2024

Equinix

Google signs new wind PPAs in Belgium

Google has signed five new Power Purchase Agreements (PPAs) totaling more than 118MW to procure wind energy in Belgium from Engie. Google will procure another 92MW from a Belgian wind farm in operation for eight years.Vincent Verbeke, CEO of Engie Belgium, said: “We are pleased to partner with...

July 03, 2024

Google

Vantage closes $9.2bn equity raise

Vantage Data Centers revealed this week that it had completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge and Silver Lake.“It’s exciting to experience such strong investor demand to fuel our unprecedented growth across North America and EMEA,” said Sure...

June 14, 2024

Vantage Data Centers

Google signs new power supply deal with Nevada Energy

Google has signed a new type of power supply deal with Nevada utility company NV Energy. Dubbed a “clean transition tariff," it will see NV Energy procure 115MW of renewable energy from a geothermal power plant run by Fervo Energy.In a joint blog post on the deal, Amanda Peterson Corio, Google...

June 14, 2024

Google

Equinix announces second data center in Lisbon, Portugal

Equinix this week announced plans for LS2, a new International Business Exchange (IBX) facility to be located adjacent to Equinix's existing LS1 site. This €50 million project due to open in the first quarter of 2025 will offer 2,050 square meters of colocation space.Carlos Paulino, managing...

June 05, 2024

Equinix

Google partners with Purdue University for low-carbon data center construction

Google has partnered with Purdue University, Indiana, on a project exploring the use of AI in designing low-carbon data centers and other industrial buildings. The project will deploy AI to explore new materials, technologies, and design strategies that can potentially reduce the carbon footpr...

June 01, 2024

Google

Google to invest in Malaysian cloud region

Google has revealed its plans to invest $2 billion in developing its first data center and cloud region in Malaysia and has already selected a site for the development, which will be in Sime Darby Property's Elmina Business Park in Greater Kuala Lumpur.Ruth Porat, president, chief investment o...

May 30, 2024

Google

New startup launched by ex-Google staff targets European data centers

A new startup by former Google staff, offering land and power for industrial campuses is now targeting European data centers. “I am very pleased to announce the launch of Sepia Infrastructure,” Sepia CEO Fabien Vieau announced on LinkedIn this week. “Sepia Infrastructure delivers next-generati...

May 30, 2024

Google

Equinix breaks ground in Malaysia with two new data centers

Equinix has now broken ground in Malaysia with two International Business Exchange data centers in Johor (JH1) and Kuala Lumpur (KL1) now serving the company’s customers in Malaysia and across. Jeremy Deutsch, president for Asia-Pacific at Equinix, said: “Malaysia is a cornerstone market and t...

May 28, 2024

Equinix

Digital Realty signs new PPAs in France and Spain

Digital Realty this week announced the signing of several power purchase agreements (PPA) to power its European operations in France and Spain. The company signed a package solar deal comprising three separate 12-year agreements in Spain and two 15-year deals for wind energy in France. Togeth...

May 24, 2024

Digital Realty Trust

Google signs first ever PPAs in Japan

Google has signed its first power purchase agreements (PPAs) in Japan with Clean Energy Connect (CEC), a partner of Itochu Corporation, in a deal which involves constructing a network of around 800 small-scale solar plants totaling 40MW across multiple grid regions in Japan. “This novel, distr...

May 22, 2024

Google

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