Tech giant Microsoft is supercharging Sweden’s leap into the future with a hefty $3.2 billion investment. This two-year commitment will focus on expanding the company’s cloud and artificial intelligence (AI) capabilities within the country.
In a landmark agreement, Microsoft and Brookfield, an asset management company, have announced a renewable energy deal valued at an estimated $10 billion. Under this partnership, Microsoft will invest in energy projects developed by Brookfield and its renewable energy subsidiary.
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.
The fusion of AI into data centres is sparking a vigorous debate – will it result in job losses or enable a more efficient, innovative industry? A staggering 75% of operators expect AI to reshape staffing, yet remain cautious about perceiving AI as a total problem solver.
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.
Norway’s top telecom operator, Telenor, joins forces with Hafslund, HitecVision, and Analysys Mason to create the nation’s most secure commercial data center operator, focusing on sustainable solutions and critical data storage. The collaboration addresses national security concerns and promotes energy-efficient data centers with heat recycling potential.
BT and ABB, a Swedish–Swiss multinational corporation specializing in robotics, power and automation technology, have announced a collaboration to upgrade the latter’s globally managed communications infrastructure to new levels of performance and flexibility to support the company’s new operating model. Under this partnership, BT will modernize ABB’s network infrastructure in cooperation with ABB’s Information Systems team to build a sustainable, robust and secure core platform with a highly automated and data-driven managed service. BT will provide an end-to-end, comprehensive, multi-layered cyber security environment to support ABB’s cloud-first goals. The company will install, operate and monitor over 1,100 end-point devices, constantly validating every device, user and application that is connected to the network. Security is a primary focus as ABB implements its cloud plan, which involves consolidating data centers and sending more apps and data to the cloud. With nearly 600 locations in 60 countries, the communications infrastructure will…
Vantage Data Centers, a hyperscale data center campus operator located in the United States, and its major investor, Digital Bridge Group, have announced the completion of their acquisition of the PCCW data center business – PCCW DC. Vantage is now ready to provide data center services in Hong Kong and Kuala Lumpur, two high-growth regions in the Asia Pacific (APAC) region. Vantage Data Centers envisages that much of its Asia Pacific development strategy will materialize now that the acquisition is finalized. The agreement adds 100MW of current capacity to Vantage’s data center platform across numerous locations. Brian Groen, who was previously the senior vice president of data center and digital transformation at PCCW DC, has joined Vantage as president, Asia Pacific (APAC). “Hong Kong and Kuala Lumpur are unparalleled connectivity hubs for companies doing business across Asia,” commented Groen. “We have a strong sales pipeline with existing facilities…
Telecommunications company Liberty Global and Digital Colony, a global digital infrastructure investment firm, have announced plans to launch a European Edge data center joint venture, called AtlasEdge Data Center. The Joint Venture (JV) will manage more than 100 edge data centers in Europe, combining the edge assets in the Digital Colony and Liberty Global real estate portfolios. AtlasEdge Data Centers will be directed by Josh Joshi, the former CFO of Interxion. In the new business, Liberty Global will devote its digital infrastructure assets, including technical real estate portfolios, as well as strategic and operational business support. The Digital Colony will contribute operational expertise, strategic direction and capital to provide a foundation for the growth and merger of edge co-location service capabilities across Europe. AtlasEdge will provide services through a wide network of devices close to the consumers and enterprise end users. The company’s goal is to meet the…
