DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - Investment / M&A / Financing
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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Vodafone raises cost savings target for UK unit to £1bn
The previous figure was £700 million
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Report: Nvidia plans to invest in inference chip startup d-Matrix
Follows reports that company was seeking to raise additional funds, targeting $5bn valuation
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SpaceX to acquire Grain's 800MHz spectrum assets to further advance carrier ambitions
As the company continues to push to challenge US telcos
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PsiQuantum receives $150m conditional loan commitment from US gov’t to expand manufacturing and prototyping efforts
Funding will support ongoing expansion of company’s California factory
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IT service provider Infomaniak lists on Swiss stock exchange
The firm currently serves more than 300,000 European customers and operates three data centers in Switzerland
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Neocloud Firmus cancels IPO, blames market volatility
Firm had reduced initial share price due to weak demand
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GlobalFoundries signs $2bn, five-year deal with TSMC for production of advanced packaging components
GF’s Malta, NY, fab will become first US source for supply of silicon interposers
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Oracle, Broadcom, and SpaceX looking to secure ten of billions in financing to support AI compute purchases – report
Broadcom is seeking $50bn, while SpaceX is looking to secure $40bn
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Wolfspeed receives $1.5bn conditional loan commitment from US gov’t to boost domestic SiC and GaN production
Financing will also help advance a number of DoD initiatives
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Ghana awards 5G licenses to Telecel, MTN after slow rollout woes
Telecel plans to launch 5G in December
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Firmus drops IPO share price amid weak demand - report
Neocloud not attracting as much interest as it had hoped
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AT&T to combine Forged Fiber 37, Gigapower into one JV
Carrier continues towards its 60 million buildout target
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Lambda seeks $4bn funding round ahead of planned IPO - report
Would value company at $14.5bn
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Virgin Media O2 slams BT's planned acquisition of TalkTalk, amid CMA's probe into Nexfibre-Netomnia takeover
The telco says the BT deal "has all the characteristics of a stitch-up masked as a rescue deal in the public interest"
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DayOne IPO: Data center firm targets 2.3GW capacity by 2028
Revenue is ramping up, but so are losses
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Lumos snaps up Allo Fiber's Joplin, Missouri, fiber network
The acquisition will bolster T-Mobile's fiber footprint as part of its JV
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Malaysia's DNB secures $1.27bn in funding for next phase of 5G rollout
Comes shortly after the DNB activated more spectrum to expand 5G footprint
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Investment firm Forum Markets partners with Edge Node for US compute roll-out
JV taking on data center capacity in Dallas and North Carolina, deploying capacity at Texas cell tower
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Axe Compute acquires full ownership of AI cluster in Columbus, Georgia
Purchased from Duos Technologies Group, Duos still owns facility
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Ares ups investment in Sabey Data Centers
Minority stakeholder takes total investment above $500 million
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Schneider agrees purchase of US software company PTC for $22 billion
Deal furthers the company’s AI ambitions
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BT to scoop up TalkTalk as part of rescue deal
Struggling network has been seeking a buyer for a while
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Former IBM research campus in Silicon Valley set to be acquired by data center firm
Blackstart Digital acquiring IBM's Almaden Research Center in San Jose
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AI cloud startup Verda raises $189m in Series B funding round
Round was led by Emergence Capital
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Rightfiber finalizes acquisition of Fastwyre's Nebraska business
Firm was only formed last month
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Intro Group to invest $270m in Egypt’s Kemet Data Center
The facility will be developed in two phases
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Sharon AI and Lambda secure GPU-backed debt funding
Combined, the two neoclouds have raised $1.356bn
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GMI Cloud raises $668m in funding
Combination of equity and credit facility