Data Center News

Intel’s Foundry unit continues to experience operating loss

Intel has reported a net revenue loss of $400 million in the first quarter of 2024, with its Foundry business unit continuing to experience a significant downturn. CEO Pat Gelsinger said that the revenue decline for the Foundry unit was not unexpected and the company expected 2024 would see it...

April 27, 2024

Intel

Microsoft’s cloud unit’s revenue surpasses estimations by $31.8 billion

Microsoft, during its quarterly earnings call revealed that its cloud unit surpassed $31.8 billion in revenue for the quarter, up by 24 percent YoY. This led to a 4% increase in the company’s stock market, bridging the value to $128 billion. "We have the most comprehensive cloud footprint with...

April 26, 2024

Microsoft Azure

AWS announces new campus in Indiana

Amazon Web Services has revealed that it is behind a planned data center in Indiana. The state overnor Eric J. Holcomb this week announced plans to invest $11 billion to build a data center campus in north central Indiana – the largest capital investment announcement in Indiana’s history.“Indi...

April 25, 2024

Amazon AWS

Microsoft wins billion dollar contract from Coca-Cola

Coca-Cola has made a $1.1 billion investment to use Microsoft's cloud and artificial intelligence (AI) services as part of a five-year agreement that will see Microsoft support Coca-Cola's core technology strategy systemwide.“This new agreement builds on the success of Coca-Cola’s partnership ...

April 24, 2024

Microsoft Azure

Digital Realty to partner with Enel X for grid balancing UPS systems

Digital Realty has revealed that it will be partnering with energy firm Enel X to roll out grid-balancing UPS systems in Ireland. The integrated battery banks, housed within Digital Realty’s Irish data centers, will relieve grid dependence on fossil fuel power plants during periods of frequenc...

April 24, 2024

Digital Realty Trust

Vantage plansnew billion dollar data cener campus in Ireland

Vantage Data Centers has revealed that it will be spending €1 billion on a new data center campus development in Dublin. The campus will be built at Profile Park, Grange Castle, a data center hub nine miles south of Dublin which is already home to the likes of Google, Digital Realty, and Cyru...

April 23, 2024

Vantage Data Centers

ExxonMobil teams up with Intel for data center cooling fluid

Oil and gas company ExxonMobil has teamed up with Intel to develop new liquid cooling technologies for data centers. The two firms say the partnership has been set up to “design, test, research, and co-develop energy-efficient cooling fluid solutions” for use with systems built on chipmaker I...

April 23, 2024

Intel

Intel completes assembly of High NA EUV system in Oregon

Intel revealed that it has completed the assembly of its High Numerical Aperture NA Extreme Ultraviolet (High NA EUV) lithography tool at the company’s R&D site in Hillsboro, Oregon. This tool will allow it to deliver new levels of precision and scalability in chip manufacturing, enabling ...

April 19, 2024

Intel

Lumen secures new contract from GAO

Lumen Technologies has secured a contract worth about $73.6 million from the US Government Accountability Office (GAO) under the General Services Administration's Enterprise Infrastructure Solutions (EIS) program. This multi-million dollar contract will see Lumen modernize network, data, voice...

April 15, 2024

Lumen Technologies

EdgeConneX secures $1.9 billion sustainable-tied financing

This week, EdgeConneX announced it had secured an additional $1.9 billion in sustainability-linked financing to support its EMEA expansion. The company mentioned that this financing consolidates it’s portfolio across EMEA, transitioning it from “stand-alone project-based funding to a more robu...

April 12, 2024

EdgeConneX

Vantage to unveil new data center campus in Switzerland

Vantage Data Centers this week announced that it will open a second Zurich campus (ZRH2) this summer. This new campus located 30 kilometers north of Zurich’s City Center in Glattfelden, will offer a total of 226,000 square feet (21,000 sqm) of space and 24MW of critical IT capacity. “Zurich is...

April 10, 2024

Vantage Data Centers

Cloudflare suffers second power outage in Oregon in six months

Content Delivery Network (CDN) company Cloudflare suffered a second data center power failure at its core facility in Portland, Oregon, within six months. As a result of the first incident which happened in November, Cloudflare introduced ‘Code Orange’; a new process where the company shifts m...

April 09, 2024

CloudHQ

Amazon launches Deadline Cloud

Amazon Web Services (AWS) has launched a cloud-based rendering service called Deadline Cloud which will enable users to deploy and scale up graphics and handle visual effects (VFX) rendering on AWS cloud infrastructure. This rendering service is aimed at customers in media and entertainment, a...

April 05, 2024

Amazon AWS

Microsoft signs new solar PPA in Texas

Microsofr this week announced that it has entered into a two 200MW Power Purchase Agreements (PPA) with Energy firm Leeward Renewable Energy (LRE) which will help it purchase the power generated from two 200MW LRE solar facilities currently under development in Texas: Morrow Lake Solar in Frio...

April 02, 2024

Microsoft Azure

Amazon invests additional $2.75 billion in AI startup Anthropic

Amazon has invested an additional $2.75 billion in AI startup Anthropic in a deal which marks the second round of funding provided by the cloud and eCommerce giant under a previously agreed plan to invest up to $4bn in the startup. Amazon made an initial investment of $1.25bn for a minority st...

April 01, 2024

Amazon AWS

Stack Infrastructure breaks ground on 60MW data center expansion in California

IPI-owned company Stack Infrastructure announced this week that it has broken ground on a 60MW data center expansion in Silicon Valley, California. The company plans to build two data centers to add 60MW of capacity, an advanced manufacturing facility, and a parking structure, spanning 19 acre...

March 29, 2024

STACK INFRASTRUCTURE

Danske Bank signs new cloud agreement with Amazon

Denmark's Danske Bank has signed a multi-year cloud contract with Amazon Web Services (AWS). This will include systems for business, institutional and personal customers, and will see more than 16,000 physical and virtual servers, and 1,000 applications being migrated. Danske Bank said it will...

March 26, 2024

Amazon AWS

Equinix accused of major accounting manipulations

Short seller Hindenburg Research has accused data center REIT Equinix of "major accounting manipulations." The investigative reporting and researching company claims that Nadaq-listed Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs, by at leas...

March 23, 2024

Equinix

Microsoft signs carbon capture agreement in Mexico

Microsoft has signed a six-year carbon capture agreement with The Next 150 and its General Biochar Systems (GBS) business unit, which runs the biochar plant near the city of Guanajuato.. This agreement will see Microsoft purchase 95,000 tons of carbon dioxide removal credits from a biochar pla...

March 23, 2024

Microsoft Azure

Amazon signs new wind PPA in the UK

Amazon this week announced that it has signed a Power Purchase Agreement (PPA) with Iberdrola to to procure the output of an offshore wind farm in the UK. The deal is to offtake 159MW from the East Anglia Three offshore wind farm – equivalent to 700GWh of energy annually. Sergio Hernández de...

March 22, 2024

Amazon AWS

First 1 . . . 13 14 15 16 17 ... 58 Last

Ready to Level up Your
Data Center Strategy?

Message Us Book Consultation