investment
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Microsoft is reportedly pulling the plug on additional data centre projects, with planned sites in Indonesia and Australia now joining a string of cancellations across the US, UK, and Europe, signalling a possible rethink of its AI strategy. -
The iliad Group has finalised its multi-billion dollar partnership with private equity firm InfraVia that looks to position its data centre subsidiary OpCore as a major European hyperscale platform.
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AirTrunk is securing a US$1.7 billion (SG$2.2 billion) green loan to fund an 80.2MW data centre in Singapore—yet no one in the industry seems to know where this new facility will be located.
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Raxio Group has secured $100 million in financing from the International Finance Corporation (IFC) to fuel its Sub-Saharan African regional data centre platform.
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Data centres are expanding at breakneck speed, and fibre networks are racing to keep up.
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T-Mobile has completed its acquisition of fiber-to-the-home (FTTH) provider Lumos, forming a joint venture set to bring full-fibre broadband to homes across the US.
Forthcoming events
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The ever-increasing demand for AI workloads will see the global data centre market expand by a 15% Compound Annual Growth Rate (CAGR) through 2027, a figure that could rise to 20%, according to new research from Jones Lang LaSalle (JLL).
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AI hyperscaler Nscale unveiled plans to invest $2.5 billion (GBP£2 billion) in building data centres in the UK.
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The Biden administration has awarded up to $53 million in direct funding to HP to expand and modernise its Corvallis, Oregon facility to create a new research lab.
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The UK government unveiled plans to “throw the full weight of Whitehall” behind AI, including creating a UK-centric research agency and increasing the country’s infrastructure capacity twentyfold.
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Anthropic, the Amazon and Google-backed AI startup behind Claude is once again on the hunt for cash, with reports suggesting it could raise up to $2 billion.
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Microsoft has continued its global cloud and AI infrastructure investing efforts, unveiling plans to spend $3 billion in India.
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The Commerce Department has finalised Hemlock Semiconductor (HSC)’s $325 million direct funding award to build a new manufacturing facility in Hemlock, Michigan.
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Asia Pacific data centre operator Digital Edge has raised more than $1.6 billion to expand its services across the region.
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The US Department of Commerce has earmarked the location of the third flagship CHIPS for America research and development (R&D) facility and greenlit the creation of a virtual semiconductor manufacturing research centre.
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Microsoft plans to invest $80 billion to build AI-enabled data centres, Brad Smith, the company’s president has revealed.
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Technology waits for no one. The data centre crunch has long been predicted by analysts, but few expected it to happen so soon.
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Recent market statistics make sobering reading for telcos. Revenue share from voice has plummeted 80% in 10 years and data revenues have all but stagnated.
