Tag: data
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BlackRock-backed group commits $5 billion for Aligned Data Centers after completing acquisition
July 21 : A consortium backed by BlackRock and Abu Dhabi-based fund MGX said on Tuesday it has committed an additional $5 billion in growth capital to Aligned Data Centers after closing its $40 billion acquisition of one of the world’s biggest data center operators.The investor group agreed last year to buy A
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BlackRock-backed group commits $5 billion for Aligned Data Centers
July 21 : A group backed by BlackRock and Abu Dhabi-based fund MGX on Tuesday committed an additional $5 billion in growth capital to Aligned Data Centers, after acquiring one of the world’s biggest data center operators.
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Prysmian signs €5.5 billion Molex deal in data center push
ROME, July 20 : Italian cable maker Prysmian has signed a long-term agreement worth up to €5.5 billion ($6.4 billion) with Molex, an electronics company owned by U.S. group Koch, to supply fibre optic cables for data centers.• The deal of up to 10 years includes a €550 million upfront payment, Prysmian
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Hut 8 signs $9.8 billion AI data center lease, fully commercializes Texas campus
July 20 : Hut 8, a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas.Shares of the company, which have nearly doubled this year, rose
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Prysmian signs €5.5 billion Molex deal in data centre push
(Corrects to say Prysmian will generate more than €10 billion in additional cumulative revenue from a broader set of deals and initiatives, not only the Molex agreement, in third bullet.)ROME, July 20 : Italian cable maker Prysmian said on Monday it had signed a long-term agreement worth up to €5.5 billi
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Data center opponents stage 142 protests across 42 US states
July 18 : Opponents of the rapid buildout of data centers held 142 protests across 42 states on Saturday in the first nationwide effort to channel anger at the AI infrastructure expansion that has ramped up over the past year and roiled local politics.The protests were coordinated by HumansFirst, co-founded
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How AI and satellites help fight wildfires
Wildfires are raging across Europe, Canada and beyond. To successfully fight these fires, speed is essential. A German startup uses satellite data and AI to spot fires early.
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US data center protests go national as backlash grows
July 18 : Opponents of the rapid buildout of data centers plan to hold protests on Saturday in at least 125 locations across the United States, the first coordinated national effort to channel anger at the AI infrastructure expansion that has ramped up over the past year and roiled local politics.The protest
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Colombia’s Ecopetrol says cyberattack stole data tied to 3,300 accounts
July 17 : Colombian state-controlled energy company Ecopetrol said on Friday a cyberattack resulted in the theft of data tied to about 3,300 user accounts and that it could not “guarantee” the breach would not have a “material adverse” financial impact.The company, however, said it had not identified any crit
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Uniper targets data centres in strategy shift, plans €5 billion in investment
BERLIN, July 17 : Uniper reaffirmed its transformation strategy on Friday, targeting new revenue from data centers at its power plant sites as the German energy group plans to invest around €5 billion ($5.72 billion) by 2030 in flexible power generation and renewables.The company, which Germany bailed out
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