Data Center Investment News — 07/06/2024
Khazna Partners with Abu Dhabi Investment Office to Build Data Center in Mafraq
Khazna, in partnership with the Abu Dhabi Investment Office, is set to construct a state-of-the-art data center in Mafraq. This initiative aims to boost digital infrastructure and meet the rising demand for data storage and processing in the region. The new facility will enhance Abu Dhabi’s position as a digital hub, providing advanced services to support various industries.
Ziad Samaha, Vice President Business Development at Khazna, said, “Data centres are the backbone infrastructure of everything digital and are a vital component to an effective and forward-looking economy.” He further said, “By expanding our network of cutting-edge hyperscale data centres through our partnership with ADIO, we are actively shaping the UAE into a prominent digital hub attracting large hyperscale organisations, fostering innovation, and driving growth in the technology sector.”
This partnership aligns with Abu Dhabi’s broader strategy to foster technological innovation and economic growth.
Switch Datacenters Launches Amsterdam Data Center
Switch Datacenters has launched a new data center in Amsterdam, designed to meet the growing demand for digital services in the Netherlands. The facility is equipped with advanced technology to provide high-performance computing and data storage solutions.
“Our new data center sets a new standard for sustainability in the industry by redeveloping existing industrial buildings, while also designed to deliver heat to the local community,” said Gregor Snip, CEO of Switch Datacenters.
This new data center underscores Switch Datacenters’ commitment to expanding its footprint in Europe and supporting the digital transformation of businesses in the region.
AQ Compute to Expand AQ-OSL1 Data Center in Oslo, Norway
AQ Compute is expanding its AQ-OSL1 data center in Oslo, Norway. The expansion aims to increase capacity and enhance the facility’s ability to provide high-performance computing and data storage services.
“AQ Compute is excited to announce the expansion of AQ-OSL1. Our first data center [has been] in operation since February, and Norway has already proven to be an ideal location for data centers. With the expansion of AQ-OSL1, we aim to meet the increasing demand for AI-ready data centers, while our sustainability concept supports our clients in reducing their environmental impacts,” said Andreas Myr, CEO of AQ Compute Norway.
This development is part of AQ Compute’s strategy to support the growing demand for digital infrastructure in Scandinavia and reinforce its position in the European market.
Google Completes Fourth Singapore Data Centre
Google has completed its fourth data center in Singapore, aimed at bolstering the company’s digital infrastructure in Southeast Asia. This new facility will support the increasing demand for cloud services and data storage in the region.
Senior minister of State Dr Janil Puthucheary said of the announcement: “This challenge [of sustainability] is not unique to Singapore; eventually, all of us, wherever we are in the world, are going to be faced with these constraints.”
“Because of who we are, we are determined to turn these constraints into an opportunity to innovate and capture value from the growth of sustainable data centres.”
“We are committed to growing the data centre sector in Singapore by being more sustainable.”
The data center features cutting-edge technology and sustainable practices, underscoring Google’s commitment to environmental responsibility while expanding its global network.
Microsoft to Deploy $3.2bn into Swedish AI Data Centers
Microsoft has announced a $3.2 billion investment to develop AI data centers in Sweden. These facilities will leverage advanced technology to provide robust AI and cloud computing services.
Brad Smith, Microsoft’s President and Vice Chair, said Sweden’s commitment to sustainability, asserting that the country’s progressive approach to energy was a pivotal factor in the company’s decision to invest on such a monumental scale.
Smith underscored the synergy between AI and green energy, stating: “A big part of the reason we are able to do this is because of Sweden’s forward-looking energy policy, the plentiful access to green energy, whether it’s carbon-free energy, or renewable energy.”
This initiative is part of Microsoft’s broader strategy to expand its AI capabilities and support digital transformation across Europe. The investment underscores Microsoft’s commitment to innovation and sustainable growth in the tech sector.
CoreWeave to Invest $2.2bn in Data Centers in Sweden and Norway by 2025
CoreWeave has announced plans to invest $2.2 billion in developing data centers in Sweden and Norway by 2025. This investment will enhance the company’s capacity to provide high-performance computing and data storage services in the Nordic region.
Mike Intrator, Co-founder and Chief Executive Officer of CoreWeave, said: “Europe represents the next frontier for the AI industry and is an important milestone in the next phase of CoreWeave’s growth.
“We see enormous opportunity for CoreWeave in Europe – CoreWeave’s GPU infrastructure will provide the European cloud market the computing solutions and tools needed to meet the growing demand for next generation AI applications. We see this as the first of what we hope to be several significant investments in the region as we continue to activate our vision of being the global AI hyperscaler of choice.”
The new facilities will support the growing demand for digital infrastructure and reinforce CoreWeave’s position as a leader in the data center industry.
Japan’s SoftBank Plans 150MW, 8 Million Sq Ft Data Center at LCD Panel Manufacturing Site in Osaka
SoftBank is planning to develop a massive 150MW data center at an LCD panel manufacturing site in Osaka, Japan. The 8 million square foot facility will provide extensive digital infrastructure to support various industries’ computing and data storage needs.
“SoftBank is aiming to rapidly construct the data center by inheriting the land, buildings, electric power supply facilities, cooling systems, and other resources of the Sharp Sakai Plant,” the company said.
“SoftBank plans to utilize this data center for its own generative AI development and other AI-related business. SoftBank also plans to widely provide the data center to universities, research institutions, businesses, and others to meet the various AI-related usage needs of external parties.”
This project highlights SoftBank’s commitment to expanding its technological capabilities and supporting the digital economy in Japan.
Equinix Fortifies Lisbon as Strategic Digital Gateway with New Data Center
Equinix has announced the establishment of a new data center in Lisbon, positioning the city as a strategic digital gateway. This facility will enhance connectivity and digital infrastructure, supporting the growing demand for data services in Southern Europe.
According to Carlos Paulino, Managing Director of Equinix in Portugal, “The surge in demand we are witnessing from companies in Lisbon and across the Atlantic and Mediterranean makes this investment timely and significant.
“Lisbon has the potential to become a dense and valuable strategic hub, and we are delighted to contribute to its growth and position ourselves as the cornerstone of Europe.”
The data center will feature advanced technology and sustainable practices, reflecting Equinix’s commitment to innovation and environmental responsibility.
CyrusOne to Invest $80m in Data Center in Richardson, Texas
CyrusOne is investing $80 million to develop a new data center in Richardson, Texas. This facility aims to provide high-performance computing and data storage services, addressing the increasing demand for digital infrastructure in the region.
According to the filing, there will be no floorspace added to the 125,000 sq ft (11,613 sqm) facility located at 1510 E Lookout Drive.
The building, which will become CyrusOne’s DFW6 data center “phase 1” is described as a single-story building with a mezzanine in the front of house area which will be used for office space.
The investment highlights CyrusOne’s strategy to expand its presence in the United States and support the country’s digital transformation efforts.
NorthC Launches Second Eindhoven Data Center in Netherlands
NorthC has inaugurated its second data center in Eindhoven, Netherlands. This new facility is designed to meet the growing demand for digital infrastructure and provide high-performance computing and data storage services.
Located at the GDC Eindhoven-Acht business park and known as the High Tech Gateway, the new 4,000 sqm (43,055 sq ft) data center offers 2,500 sqm (26,910 sq ft) of white space. Built to Tier III standards, the facility offers 4.5MW of capacity.
The data center features cutting-edge technology and sustainability measures, underscoring NorthC’s commitment to innovation and environmental responsibility in its expansion strategy.
Microsoft Plans $1bn Data Center in Northwest Indiana
Microsoft has announced plans to invest $1 billion in developing a new data center in Northwest Indiana. This facility will enhance the company’s capacity to provide advanced cloud computing and data storage services.
Bowen Wallace, Microsoft CVP Datacenters, Americas Region, added: “Microsoft is excited to expand our data center infrastructure into Indiana, with our first campus to be built in La Porte.
“We look forward to an enduring and beneficial relationship with Indiana and the City of La Porte as we build and scale our data center infrastructure to support our customers and partners.”
The investment is part of Microsoft’s broader strategy to expand its data center footprint and support digital transformation across the United States.
Sergo Gets Green Light for Three Data Centers in Slough, UK
Sergo has received approval to develop three new data centers in Slough, UK. These facilities will provide advanced digital infrastructure to support the growing demand for data storage and processing services.
The new data centers on the land will be 324,316 sq ft (30,130 sqm) and 534,966 sq ft (49,700 sqm). Technical specifications and time frames for construction have not been published.
The development highlights SEGRO’s commitment to expanding its footprint in the UK and supporting the country’s digital economy.