Sharon AI acquires Distributed Storage Solutions for $25m
And appoints new CEO
News - Investment / M&A / Financing, Georgia Butler, DatacenterDynamics
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Geo-distributed cloud company Cubbit raises $12.5m
Funding round led by LocalGlobe and ETF Partners
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SoftBank acquires British AI chip designer Graphcore
Value of the deal undisclosed
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Cloud storage company Storj acquires AI compute provider Valdi
Expands cloud capabilities with Valdi's GPUs
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Lambda seeks another $800m in funding for GPU cloud
Would be third funding round this year
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Google buys stake in BlackRock-owned solar power firm in Taiwan
Also gains rights for up to 300MW of solar power
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Oracle to invest $1bn in AI and cloud computing in Spain
Will open a third cloud region in Madrid with Telefónica España
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Google to invest $2.3bn in Ohio data centers
Will contribute to three data center campuses in the US State
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AWS to invest $9.44bn in Frankfurt cloud region
Brings total planned investment in cloud computing in Germany to $17.9bn
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ST Telemedia Global Data Centres raises $1.3bn from KKR and Singtel
Claims to be largest digital infrastructure investment in Southeast Asia in 2024
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Microsoft to invest $7.16bn in new data centers in Aragon, Spain
Following launch of Madrid cloud region
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2023 second-largest investment year in decade for data centers - report
European market prime for asset-backed securitizations
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Nebraska City pays back $685,000 after data center fails to bring in jobs
South Sioux City was first awarded the grant in 2010
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Oracle to colocate database services and network interconnect in Google data centers
Releases quarterly earnings
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IFC loans Yondr $150m for 300MW Malaysia data center project
Sedenak Tech Park gets inflow of funds
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CyrusOne closes $1.175bn asset-backed securities offering
Issuance structured with five and seven year tranches
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Vanderbilt University Medical Center signs lease for former AT&T data center in Brentwood, Tennessee
Facility will help meet needs of its "growing health system"
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CyrusOne looks to raise $1.175bn in securitized notes
Series 2024-2 and 2024-3 both awarded A-2 rating by S&P
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TierPoint seeks $125m fundraising in Series 2024-1 notes
Company's third such fundraising round
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AdaniConneX to raise $1.44bn in sustainability linked financing for data center construction
Financing has initial commitment of $875m
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Microsoft Cloud revenue surpasses $31.8bn for the quarter
Success off the back of AI
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Nvidia to acquire GPU management provider Run:ai
Will help customers manage distributed AI deployments
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Carrier Ventures invests in Strategic Thermal Labs for data center liquid cooling solution
Companies to develop direct-to-chip cooling solution
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Sabey Data Centers to raise $150m for US expansion
Notes backed by tenant lease payments