North America
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Social media app TikTok has said it will fight an order by the Canadian government to cease operations in the country over national security concerns. -
Donald J. Trump has secured a returned to the White House to become the 47th US President.
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Workflow automation platform Flowfinity has made upgrades to its data centre sites to expand its capacity to meet increased customer demands.
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Elon Musk has announced that xAI, his AI startup rivalling OpenAI, plans to double the size of its Colossus supercomputer cluster, which currently consists of 100,000 Nvidia GPUs.
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Semiconductor manufacturer Wolfspeed is the latest chipmaker to receive funding under the US CHIPS and Science Act, receiving up to $750 million to build a new silicon carbide wafer manufacturing site in North Carolina.
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Crusoe, the crypto miners turned clean energy AI infrastructure operator, has launched a $3.4 billion joint venture with Blue Owl Capital and Primary Digital Infrastructure to build data centres in Texas.
Forthcoming events
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A Singapore-based shipping company, BW Group, has bought the Hawaiki subsea cable operation for an undisclosed price.
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DataBank has acquired an industrial facility in Denver to create its fifth data centre in the evolving market hotspot.
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Lumen Technologies is selling off its Latin American business for US$2.7 billion, the company announced this morning.
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The last day to submit an entry to the Global Carrier Awards 2021, is 29 July.
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Rackspace is making around 10% of its staff redundant as it focuses on the “growth” areas of its business.
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The New York Stock Exchange is delisting GTT Communications’ shares as, at the same time, doubts are cast on the company’s plan to sell its infrastructure division for more than US$2 billion.
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ATN International, Inc. and its financial partner Freedom 3 Capital, LLC, have completed their acquisition of Alaska Communications Systems Group in an all-cash transaction valued at $343 million.
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Verizon and AT&T have reported growth across key business units in their Q2 financial results.
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Cloud data management vendor Veeam Software has reported another quarter of double-digit growth, with an annual recurring revenue (ARR) increase of 26% year-over-year for the second quarter.
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Safe Security has raised $33 million in funding, with the UK's BT Group leading the round.
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Alaska Communications has started offering 1 gigabit download speeds and up to 100 Mbps upload speeds in select Anchorage neighbourhoods.
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Data centre operator Aligned has increased its sustainability-linked financing by $250 million to $1.25 billion.
