data center news

Weekly Data Centre Digest – 4th October 2024

Oct 8, 2024

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Reports

DC Byte: The London Data Centre Market. Read here.

The Insight Partners: Hyperscale Data Center Market Size Worth $355.87 Billion, Globally, by 2031. Read here.

AI market poised to reach $990B by 2027. Read here.

Data Center Vacancy Falls to 3% in the Americas with 80% of New Construction Pre-Leased. Read here.


Europe

Microsoft invests €4.3B to boost AI infrastructure and cloud capacity in Italy. Read here.

Sepia Infrastructure has announced its augural fundraising round. The funding round was led by Ankaa Ventures and Engie New Ventures. Read here.

Elite UK Reit applies to develop 80 MW data centre campus in Blackpool. Read here.

DTCP announced investment in Data Center developer Atlantic Hub. Read here.

Aruba unveils €300m hyperscale data centre campus in Rome. Read here.

Questions over Cambois AI centre’s 4,000 jobs claim (UK). Read here.

Spain’s Merlin Properties bets on AI boom to drive revenue growth. Read here.

IBM is setting up a quantum data center in Ehningen, Germany. Read here.

Kao Data commenced work on £350m Manchester data centre. Read here.

State of Michigan co-invests in Nordic data centre firm Bulk via BGO. Read here.


Middle East & Africa

Kyriba Opens New Data Center in Saudi Arabia. Read here.

DataVolt and Center3 partner for Saudi Arabian data center operations. Read here.

ICS Arabia has begun construction of the first facility in its 187MW Desert Dragon project in Saudi Arabia. Read here.

Intro Technology and Oman Data Park sign $450m MoU for Egypt data center. Read here.

Equinix has abandoned its plans to invest in IXAfrica Data Center. Read here.

Oman Data Park to build $450m data centre in Suez Canal zone. Read here.


APAC

Oracle plans to invest more than $6.5 billion to develop a data center in Malaysia. Read here.

Google said that its investments in Malaysia is estimated to support more than US$3.2 billion in positive economic impact and will create 26,500 jobs by 2030. Read here.

Google To Invest $1 Billion For Data Centre In Thailand. Read here.

Google is looking to expand data centres in India. Read here.

Amazon India to buy land from Lodha for new generative AI data centre. Read here.

Goodman is planning to develop a 90MW data center in Sydney, Australia. Read here.

Goodman Group has announced the completion of the third building at its 225MW Tsuen Wan West data centre campus in Hong Kong. Read here.

Yondr is reportedly looking to sell its stake in its Indian data center joint venture. Read here.

Mapletree Acquires Mixed-Use Facility Comprising Data Centre in Tokyo, Japan. Read here.

HMC Capital in talks to buy Global Switch Australia and other data centers. Read here.

T4 Group looks beyond Auckland for data centre strategy. Read here.


North America

Equinix forms $15bn joint venture to expand AI-ready data centres. Read here.

T5 has broken ground on 250,000 sqft Northlake facility. Read here.

Skanska wins another billion-dollar order to build data centers in the US. Read here.

Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases. Read here.

New Albany City Council approves 15-year tax break for $420 million Microsoft data center. Read here.

CyrusOne breaks ground on 40MW Illinois data center campus. Read here.

Salute announces new investment to support data center growth. Read here.

Compass Datacenters starts building $300 million expansion at Dallas-area campus. Read here.

Google is spending billions on new data centers and subsea cables to connect them. Read here.

Google’s CEO said that the company is considering whether to power its data centers with nuclear power plants. Read here.

Asset manager TPG is seeking a court order to remove data center company Quantum Loophole from its role as manager of a $5 billion campus planned near Frederick, Maryland. Read here.

Amazon has been confirmed as the end user for a large new data center campus being developed in Herndon, in Virginia’s Fairfax County. Read here.

A Digital Realty data center outside New Haven, Connecticut, is up for sale. Read here.

Digital Realty adds $450 million to credit facility. Read here.

Texas Regulator Wants Data Centers to Build Power Plants. Read here.


South America

New operator 247 Data Centers launches targeting hyperscalers in Brazil. Read here.


Other interesting articles

Data center owners turn to nuclear as potential electricity source. Read here.

Going With The Flow: How To Construct Data Centers With Liquid Cooling In Mind. Read here.

10 biggest impacts to the data center market in 2024–2025. Read here.

Looking for a pay rise? Try data centre construction. Read here.

What makes nuclear power plants attractive to data center owners? Read here.

Tech giant pledge billions for Britain’s data centre push – but building them won’t be easy. Read here.

Only Lenders With The Deepest Pockets Can Sit At The Data Center Table. Read here.


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