Microsoft has partnered with Brookfield Asset Management in a monumental agreement to support approximately $10 billion worth of new renewable energy initiatives. This deal represents the most significant corporate investment in renewable energy to date, with the goal of meeting the increasing energy requirements of artificial intelligence (AI) technologies and data centers. A New Era…
All posts tagged Data centers
Cordiant Digital acquires DataGryd in New York, Emitel in Poland
LONDON, UK: Cordiant Digital Infrastructure Limited has entered into binding agreements to acquire a strategic interconnect data centre in New York and a multi-asset digital infrastructure platform in Poland. Cordiant Digital (via its wholly-owned subsidiary) has entered into a binding agreement to acquire certain assets constituting the full operational platform (and assumed certain operational liabilities)…
CloudCoCo acquires IDE Group Connect and Nimoveri Limited
LONDON, UK: CloudCoCo Group, a leading UK provider of Managed IT services and communications solutions, announced two further acquisitions to support its stated goal of becoming a significant player in the fast-growing UK Technology sector. CloudCoCo acquires IDE Group Connect Limited and Nimoveri Limited from IDE Group Holdings for a deferred consideration of £250,000. IDE…
Huawei to invest $15mn in Middle East
DUBAI, UAE: Huawei plans to invest $15 million over the next three years in a newly unveiled HUAWEI CLOUD Oasis Program aimed at accelerating the development of technology enterprises and ecosystems in the Middle East. The HUAWEI CLOUD Oasis Program was launched during the second edition of the HUAWEI CLOUD Summit held virtually this year…
Al Moammar Information Systems and Abunayyan Holding to jointly develop green data centers in KSA
RIYADH: Al Moammar Information Systems (MIS) has signed a non-binding memorandum of understanding (MoU) with Abunayyan Holding Group to establish a joint venture company with the aim of exploring the feasibility of building and developing green data centers based on renewable energy in the Kingdom of Saudi Arabia (KSE). The MOU provides a general framework…
Forethought expands Colorado network with deployment at H5 data centers
DENVER: H5 Data Centers, a national colocation and wholesale data center provider, announced the network expansion of Forethought, one of Colorado’s leading locally owned service providers to its Denver data center campus. Forethought can now offer Internet, cloud and communications services to customers at 5350 S. Valentia Way. H5 Data Centers owns a 300,000-square-foot data…