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Artificial intelligence data center supplier Lambda announced on Tuesday the completion of a $1.5 billion funding round led by TWG Global. TWG Global is a relatively new $40 billion investment firm co founded by billionaire and former owner of Legendary Entertainment, Thomas Tull, and Mark Walter, founder and CEO of Guggenheim Partners. TWG holds various … Continued
Yu Tian
The Thai Board of Investment (BOI) has approved four new data center projects with a total investment of 100 billion baht (approximately $3.1 billion) to position Thailand as a major digital infrastructure hub in Southeast Asia and catch up with regional leaders Singapore and Malaysia. The committee announced in a statement on Monday that two … Continued
OpenAI CEO Sam Altman recently published a lengthy article on the X platform, publicly clarifying the company’s financial data and development plans. He wrote, “We expect our annualized revenue to exceed $20 billion this year and grow to hundreds of billions of dollars by 2030. We have secured a data center construction commitment of approximately … Continued
Amazon Web Services (AWS), the cloud computing division of Amazon, plans to invest at least $11 billion in Georgia to expand its infrastructure and support various cloud computing and artificial intelligence technologies. Microsoft previously stated that its AI data center expenses for the 2025 fiscal year will be $80 billion. And the trend of high … Continued
Fiber optic manufacturer Corning is actively expanding into the data center interconnect (DCI) market, and CEO Wendell Weeks revealed to investors during the second quarter earnings conference that this field will continue to create revenue opportunities in the next five years. This strategic shift is mainly driven by the demand for Corning AI products from … Continued
The cooperation Nokia announced that it has signed a contract agreement with Extreme Broadband (EBB) and its wholly-owned subsidiary Open DC to upgrade Open DC’s artificial intelligence (AI) data center, ensuring excellent security and network performance. This cooperation not only supports Malaysia’s national cloud computing policy, but also meets the strict security and performance requirements … Continued
AirTrunk has recently secured a refinancing of AUD 16.4 billion (approximately USD 10.4 billion) to support its expansion of data center scale in the Asia Pacific region, excluding Japan. This financing consists of four independent transactions covering a portfolio of green loans and sustainable development related loans across multiple countries and currency categories. One of … Continued
Alphabet Group is fully committed to advancing its data center expansion plan. As the outstanding orders for its cloud business exceed $100 billion, the company announced that it will increase its capital expenditures for the year 2025. Chief Financial Officer Anat Ashkenazi stated during the earnings conference call that the company plans to increase capital … Continued
Data center operator Switch announced an expansion of its borrowing base and revolving credit line to $10 billion. This is an important component of the $20 billion funding raised by the company since 2024 through sustainable financing structures such as sustainable development linked loans and green loans. The total amount of this financing includes the … Continued
Nokia announced that Converge ICT Solutions Inc., a leading fiber and technology solutions provider in the Philippines, will use its data center Fabric solution – a hardware and software exchange platform – to provide future security for its new data centers in the Philippines through the use of artificial intelligence (AI) and automation technology. This … Continued
Recently, HPE and KDDI announced a partnership to jointly operate the Osaka Sakai data center in early 2026. The data center will be equipped with NVIDIA GB200 NVL72 rack level systems built by HPE, based on the latest NVIDIA Blackwell architecture, aimed at providing infrastructure support for AI application development and large-scale language model (LLM) … Continued
As the “Stargate” project in the United Arab Emirates dominates the digital infrastructure headlines, the entire Middle East and Africa region is quietly experiencing a data center construction boom. Sebastien Bonneau, a lawyer at McDermott Will&Emery law firm, revealed to Fierce that in addition to the leading UAE (56 data centers) and Saudi Arabia (43 … Continued