20 metro cities account for 60% of global colocation market - report
Northern Virginia takes the lead. Beijing, London, and Shanghai followed suit
News - Investment / M&A / Financing, Niva Yadav
The latest news from the AI, data center, telco, chip, and cloud sector
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Takoda Data Centers to sell business and operations - report
Company first formed by Tivit in January 2023
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Gigabit Fiber signs long-term lease extension with DataBank in Dallas, Texas
Agreement will offer additional space at DataBank's DFW1 facility
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IFC commits $100m in debt financing to Raxio Group
Funding will enable the operator to double its data center deployment
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Edge AI semiconductor firm MemryX raises $44m
Brings company's total raised to around $63 million
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SoftBank buys former Sharp factory for $676m to build AI data center in Osaka, Japan
Unclear whether the site is part of plans to commercialize OpenAI models in Japan
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AFR-IX secures $15.6m of EU funding for Medusa subsea cable expansion to West Africa
Will now feature branching unit to the Democratic Republic of Congo
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AI drove record $57bn in data center investment in 2024
Hyperscalers make up around 80 percent of all data center demand, colo supply grows by more than 40 percent
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Vantage partners with Attacq for Phase II of 80MW campus in Jo'burg, South Africa
Phase I was completed in 2022, Phase II slated for completion in 2026
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North American data center vacancy rates hit record-low in 2024 - JLL
AI represented around 15 percent of workloads, projected to grow to 40 percent by 2030
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Keppel acquires subsea firm Global Marine Group
Has acquired a 100 percent stake in the company
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Colo supply in primary data center markets increased by 34% in 2024 - CBRE
But demand continues to outpace supply and vacancy rates fall to record low
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Lightpath acquires WANRack's business in Phoenix, Arizona
Brings Lightpath's network footprint to 363 miles in the state
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China's MIIT approves 13 foreign firms to offer telecoms value added services
Policy first launched in October last year
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More than $100bn needed for APAC colo data center pipeline - report
80 percent of the pipeline is in five key markets
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Direct-to-device satellite firm Skylo secures $30m in funding
Will fuel expansion and coverage in Brazil, Australia, and New Zealand
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Nokia completes $2.3bn Infinera acquisition
EU Commission gives deal the green light
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Oppidan proposes data center campus in Apple Valley, Minnesota
Plans for five data center buildings now await decision
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Expand Energy put campus and data center up for sale in Oklahoma
Facility offers 2.9MW of capacity across 56,000 sq ft
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Meta buys more land in Rosemount, Minnesota, for data center project
New land parcels located closely to Meta's existing Rosemount project
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Capital deployment in US data construction reached $31.5bn in 2024 - Newmark
AI drives growth and hyperscalers show no sign of slowing down
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Iron Mountain invests in Ooredoo's data center unit to fuel growth in MENA region
Will see Iron Mountain take a minority stake in Ooredoo's data center company
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Equinix plans $1bn Saudi data center
Total pledges for AI and data center investment in the kingdom totals more than $20bn this week alone
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Edge data center firm Sequitor Edge launches regional operator Sequitor Heartland
Begins operations in Nebraska
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Qareeb and Pantheon partner for Bitcoin mining projects across Middle East
Qareeb to deliver full-fitted and operational solutions to Pantheon as part of the deal
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Hitachi launches $400m corporate venture capital fund
Will include investment in data center startups
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Spanish data center firm Templus acquires bitNAP
Includes the colo's only Barcelona facility
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BT Ireland sells wholesale and enterprise units to Cordiant
Reports of a sale to Cordiant's Speed Fibre Group surfaced earlier this week