News - The Investment & Markets Channel
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Oracle appoints Clay Magouyrk and Mike Sicilia as co-CEOs
Safra Catz becomes executive vice chair of the board
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Norway’s ASP Data Center acquires former factory site outside Bergen
Company acquires site previously used as a cryptomine
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GPU cloud Boost Run plans to go public via de-SPAC merger
Will do merger with Willow Lane Acquisition Corp.
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Vodafone, Digi scoop up Telekom Romania assets
As OTE subsidiary edges closer to market exit
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Cloud Capital completes final close of data center investment vehicle Fund II
First round closed in February of this year
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OpenAI plans to spend $100bn on backup cloud servers over five years - report
This is on top of $350bn in expected spend
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Cologix takes full ownership of two data centers in Toronto, Canada
Buys out joint venture partner CIM Group
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Simon Fraser University deploys 20 petaflops Fir supercomputer
System is fastest academic supercomputer in Canada
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Neocloud segment sees five-year revenue CAGR hit 82% - JLL
Growth is strong, but neoclouds face some challenges
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EQT puts GlobalConnect up for sale with €8bn price tag - report
Fiber network and data center firm serves Nordic nations
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Rowan Digital Infrastructure secures $1.2bn financing to fund data center build-out
Majority of funds going towards build-out of Maryland footprint
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Soluna secures $100m credit facility, breaks ground on Texas AI & cryptomine site
Company starts work on 166MW Project Kati site
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AI chip company Groq raises $750m at $6.9bn valuation
Round was led by investment firm Disruptive
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Microsoft increases Wisconsin data center investment to $7.3bn, says Fairwater site will be "world’s most powerful data center"
Plans more Fairwater sites across the country
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Prometheus Hyperscale-backed LDES developer XL Batteries secures $7.5m Merrin investment
Funding will support the scaling of operations
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Nvidia to invest $5bn in Intel, companies will develop custom CPUs together
Will work to connect chip architectures using Nvidia’s NVLink technology
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Orca partners with PCSS for Nvidia-supported quantum AI integration
Plus some other quantum news from the week
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CleanArc gets green light for 600MW data center campus in Caroline County, Virginia
Developer to deliver big boost to county revenue, officials believe
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Bharti founder Mittal and Airtel chairman Vittal secure seats on BT Group's board
The Indian telco has a 24.5 percent stake in BT
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Oracle leads US TikTok acquisition consortium, as Trump extends shutdown deadline
Deal appears to finally be close
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US-UK tech deal agreed as AI Growth Zone announced for north east of England
Deal apparently cements UK's 'Goldilocks' position in the AI ecosystem
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OpenAI announces Stargate UK, with up to 8,000 GPUs at Nscale data centers
Following Nscale's Microsoft deal
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Microsoft to build UK's largest supercomputer as part of $15bn AI infrastructure push
Will feature more than 23,000 Nvidia GPUs