While OpenAI's Stargate efforts in South Korea stall

Company secures $33m for expansion plans

Represents 14.8GW of compute capacity

IPO itself reportedly targeting a $3bn raise

Previously Azure was included under "intelligent cloud" segment

Facility is the company's second AI-optimized data center

Could expand to $6bn

AI firm anchor customer on Bevan Slattery's latest cable project

Company's first Thai facility due online later this year

Will run for five years

In preparation for incoming neocloud customer

Seeks to develop 52MW data center in Wesley Vale

Aims to give enterprises access to secure, low-latency AI inferencing

Neocloud releases results for fiscal year 2026

First cable to land in Washington since the new millennium

Was one of a group of departures to Meta's compute team

Company also on track for December 2026 cloud region launch

Will be based on Nvidia GB300 NVL72 systems

First 50MW underway

Covers 14MW at the LON-East campus

Set to start in October, will be replaced by Kevin Howard

Chips will be leased to Microsoft

Will be for data center in Nueces County, Texas

Amazon cloud gets multicloud networking boost