DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - Business Operations, Georgia Butler, DatacenterDynamics
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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Oracle upscales layoffs, expected to increase restructuring costs by $700m
While chairman Larry Ellison ditches plans for stock sale
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Firmus seeks $5bn raise in Australian IPO - report
Targeting an offering in October
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Pentagon in talks to loan Fluidstack $5bn - report
Money would come from Pentagon's Office of Strategic Capital
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Microsoft targets 38GW of data center capacity in 2032 - report
Currently operates ~12GW
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Zankore secures $3.1bn senior term loan facility for AI cloud build-out
Will build initial 100MW of capacity, scaling to 1GW
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Oregon pauses land sales of state owned property for data center projects through July 1, 2027
Governor directs all transactions on state property for data centers be frozen
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Ivory Coast targets launch of first state-owned data center in 2027
Will be backed by US Export-Import Bank
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Google and Blackstone JV experiences delays in data center projects - report
Project Braid hits some snags but executives say it is making "strong progress"
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Google pledges €13bn investment in digital infrastructure in Finland
Will span a two-year period
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Digital Realty launches 6.4MW data center in Nairobi, Kenya
While iColo joins Digital Realty brand
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Firmus to provide OpenAI with compute capacity in Malaysia
While OpenAI's Stargate efforts in South Korea stall
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GLP begins development of 200MW data center in Foshan, China
First phase comprises 40MW
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Corvex targets 8MW of AI cloud capacity by end of 2026
Company secures $33m for expansion plans
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Nscale seeks $3.5bn in pre-IPO funding - report
IPO itself reportedly targeting a $3bn raise
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Microsoft reveals Azure earnings for the first time, adjusts financial reporting practices
Previously Azure was included under "intelligent cloud" segment
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Meta's $1.2bn data center in Kuna, Idaho, goes live
Facility is the company's second AI-optimized data center
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GoPro to enter AI data center market via merger with optical photonics company
Company has entered into a merger agreement with Action Acquisitions and Starman Optical
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Firmus proposes third data center project in Tasmania
Seeks to develop 52MW data center in Wesley Vale
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Iren secures contract from "leading frontier lab," on track to exit crypto business by end of year
Neocloud releases results for fiscal year 2026
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AWS and Humain commit to bringing 50MW online at Saudi AI Zone by 2028
Company also on track for December 2026 cloud region launch
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Cerebras starts construction on 165MW data center in Mikkeli, Finland
First 50MW underway
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Lambda secures $1bn private debt to purchase Nvidia GPUs - report
Chips will be leased to Microsoft
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ESDS Software Solution targets Rs 720 Crore IPO, will use proceeds to expand data center footprint
IPO launches today, August 28
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Yotta Data Services nears IPO, says chairman Hiranandani
Declines to comment on valuation or targeted raise
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atNorth signs contract with YIT for additional data center building at campus in Finland
Value of the contract given to YIT not disclosed
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Nvidia pauses some cloud revenue sharing deals - report
Concerned that initiatives could lead to antitrust scrutiny
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Volato Group signs merger agreement with AI infrastructure company Alignment Engine, Inc.
Transaction values Alignment Engine at $500 million
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Schwarz Group commits €5.6bn investment in data center in Mecklenburg-Vorpommern, Germany
Data center will be fully powered by renewable energy