In a significant stride towards sustainability, SK Telecom, alongside Iceotope Technologies and SK Enmove, has announced a strategic partnership aimed at revolutionizing the cooling systems of AI data centers. This collaboration, marked by the signing of a memorandum of understanding (MOU), focuses on the development and deployment of a liquid cooling technique designed to significantly enhance the energy efficiency of AI data centers.
Vantage Data Centers, a large-scale data center specialist, has achieved a pioneering financial transaction in Taiwan, acquiring a $64 million loan from CTBC Bank and Cathay United Bank. This monumental move, to establish a significant data center in Taipei, underscores a transformative shift for Taiwan into a crucial digital infrastructure hub.
Telxius, a leading global connectivity provider, has been recognized at the 2024 Data Center Market (DCM) Awards for its Derio Data Center. It has won the award for Excellence in Connectivity, providing a state-of-the-art facility near Bilbao, in northern Spain, designed to harness the potential of the subsea cables connected to it.
Singapore’s leading telecom provider Singtel, in a strategic alliance with technology powerhouse Nvidia, has unveiled a new line of data centers under the brand name Nxera. These centers are poised to revolutionize generative AI services for businesses across the region, aligning with Singapore’s National AI Strategy 2.0.
In a groundbreaking move towards sustainable data center development, fifteenfortyseven Critical Systems Realty (1547) has provided updates on its joint venture with Green Fig Land Company (GFLC) in Chester County, Pennsylvania. Recognized as a premier developer, operator, and owner of custom-designed data centers in North America and Europe, 1547 is transforming a 100-acre greenfield site into a cutting-edge hyperscale data center with a commitment to green energy and innovative financial incentives.
Indosat Ooredoo Hutchison (IOH) discloses plans of selling its data centres to BDx Indonesia, brightening BDx’s footprints in the Indonesian market. This move plays to the advantage of BDx who already operates data centres in Asia, while strengthening IOH’s commitment to enhance Indonesia’s tech landscape. Secured by substantial banking funding, this development emphasizes the continuous growth in the telecom and IT sectors.
In a strategic move to bolster its data center capabilities, DNA, a prominent mobile and fixed communications service provider in Finland and part of the Telenor Group, has successfully deployed an intent-based networking data center fabric. This innovative infrastructure, built upon Juniper Networks’ cutting-edge automation software and high-performance hardware, with advanced systems integration expertise from NEC Corporation, is poised to revolutionize DNA’s service delivery and operational efficiency.
As the interest in AI accelerates globally, a resurgence is noticed in a related sector: data center investment. AI-integrated solutions demand higher processing capability, marking data centers as attractive long-term investments. Recently, a $7 billion data center joint venture was announced by Blackstone and Digital Realty, promising additional data centers and enhanced IT capacity.
In a recent surge of developments within the data center industry, Microsoft has taken the lead with its commitment to invest a staggering £2.5 billion in expanding artificial intelligence (AI) data center infrastructure in the UK. This landmark investment comes amidst a thriving year for the sector, showcasing a 13% estimated growth compared to the previous year, according to Synergy Research Group.
In a strategic move to bolster its European presence, nLighten, the digital infrastructure platform under the umbrella of I Squared Capital, a renowned global infrastructure investor, has successfully acquired Gyro Center (“Gyro”), a high-performance data center situated in Amsterdam. This acquisition marks a significant stride for nLighten as it progresses towards realizing its ambition of establishing and operating the foremost data center platform in Europe.
