DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - The Cloud & Hybrid Channel, Wells Fargo
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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Amazon secures $17.5bn loan for AI data center buildout
Lenders include Citibank, BofA, and JPMorgan Chase, among others
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Vultr secures $329m in credit financing
Follows funding round in late 2024
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Wells Fargo: Amazon Web Services delays data center leases, following Microsoft pullback
But Microsoft has downplayed its own cuts
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Wells Fargo exits office and data center in Philadelphia, Pennsylvania
Company to consolidate at offices elsewhere in the city