Data Center News

Naver Eyes Saudi Arabia for Large-Scale Data Center Expansion

Cryptocurrency and HPC data center developer MARA Holdings has signed an agreement to acquire a 505MW combined-cycle gas turbine (CCGT) power plant in Hannibal, Ohio, along with more than 1,600 acres of land suitable for a large-scale data center campus. MARA will acquire the Long Ridge Energy...

May 02, 2026

Naver Corp.

Naver Raises $270m for AI Data Center Project in Sejong

South Korean AI cloud company Naver has secured a 400 billion won ($270 million) loan from the country’s Public Growth Fund to support the development of its AI data center in Sejong. Approved by the Financial Services Commission (FSC), the financing will fund the expansion of Naver’s Sejong f...

April 24, 2026

Naver Corp.

Helios and Fipar Merge Maroc Datacenter, Munisys, and Medasys into New Company

Helios Investment Partners and Fipar-Holding, a subsidiary of CDG Invest, this week announced the creation of 3MDC, a new digital infrastructure platform, as they have merged three Moroccan companies into a new IT services player.The new unit brings together three existing Moroccan players wit...

December 09, 2025

Morocco

Naver Plans 500MW Facility in Morocco

Naver Cloud this week announced a partnership with Nvidia, Nexus Core Systems, and investment firm Lloyds Capital to build a 500MW AI data center in Morocco. The project aims to provide sovereign AI computing services throughout the EMEA region, which encompasses Europe, the Middle East, and A...

June 13, 2025

Morocco

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