Weekly Data Centre News - 26/04/2024

Weekly Data Centre News - 26/04/2024

Weekly Update! What a crazy week.. A number of $1bn+ campuses announced across the world, significant investment from the major hyperscale organizations, and the newsletter topped 21,000 subscribers. The growth continues!


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Report

Hyperscale Data Centers Hit the Thousand Mark; Total Capacity is Doubling Every Four Years. Read here.


Europe

Google announced an investment of $640m for a new data centre in Groningen, Netherlands. Read here.

Vantage Data Centers announced they are to develop their first Dublin Campus. Read here.

Northumberland County Council has agreed to remove a buy-back clause on the former Britishvolt site paving the way to a Blackstone backed data center. Read here.

AtlasEdge enters Portuguese market with Lisbon acquisitions. Read here.

U.S. investment and development giant Hines is planning moves into the UK data centre and self-storage sectors. Read here.

Heat from one of Edinburgh University's large server rooms is to be used to keep students in some buildings warm, it has been announced. Read here.

Digital Realty is set to partner with energy firm Enel X to roll out grid-balancing UPS systems in Ireland. Read here.


Middle East & Africa

Saudi Arabia's Public Investment Fund agreed a deal with STC to create tower company. Read here.

Acronis announced the opening of a new Cyber Cloud data center in Dubai. Read here.

UAE, Kenya join hands to boost digital cooperation. Read here.

Kenya to establish ‘revolutionary’ data centre for Africa. Read here.


APAC

DigitalBridge-backed Vantage considering offloading Hong Kong assets. Read here.

Singapore and the Philippines are to embark on a Digital Transformation journey. Read here.

CtrlS unveiled its upcoming Data Center in Hyderabad. Read here.

AirTrunk and CLP Power Partner to boost renewable energy in Hong Kong. Read here.

The water demands of China’s data centers are set to soar in the coming years as demand for AI increases. Read here.

Malaysian firm Axis Real Estate Investment Trust (Axis-REIT) has sold a former steel complex in Johor to a data center operator. Read here.

Eco-friendly data centers help drive $6.3 billion of green investment in Southeast Asia. Read here.

TCS to set up BSNL data centres across India. Read here.

SunCon is on track to achieve its new contract wins target of RM3bil for 2024, driven by data centre projects. Read here.

TCS to set up BSNL data centres across India. Read here.


North America

AWS announced plans to invest $11 billion in Indiana. Read here.

Google expects to spend $12bn per quarter on technical infrastructure. Read here.

Vantage Data Centers announced it has secured a $3 billion green loan from a bank syndicate led by structuring bank Wells Fargo Securities, LLC. Read here.

Apple data centers consumed some 2.344 billion kWh of electricity in 2023 to power its data centers and colocation facilities around the world. Read here.

Mark Zuckerberg confirmed that energy constraints have become the largest bottleneck to building out AI data centers. Read here.

Meta has filed to build a new data center at its campus in Gallatin, Tennessee. Read here.

Meta plans to spend billions of dollars more on servers and data centers. Read here.

Tesla spent $1bn on AI infrastructure in Q1. Read here.

Microsoft may be planning to develop a new data center campus in Plano, Illinois. Read here.

Microsoft secured a US$ 1.1 Billion deal with Coca Cola for Cloud and AI services. Read here.

OpenAI CEO Sam Altman has invested in solar power firm Exowatt to fuel AI datacenters. Read here.

Apple hires former Google data center AI exec to lead multi-cloud effort. Read here.

Thomas & Mack Development Group sells ‘Sin City’ data centre to DataBank. Read here.

OVH launched a $145m data centre project in Canada. Read here.


Other interesting articles

The AI frenzy could fall flat as companies hoard chips without enough data centers to host them. Read here.

Data4 CEO's vision for European data centres in the AI era. Read here.

The Subplot | Gigafactories are out, data centres are in. Read here.

10GW Clean Energy Zones, the solution to the data centre industry’s problems? Read here.

Is Scotland Emerging as the Next Big Data Centre Market? Read here.

AI Is Making Older Data Centers Obsolete, Yet Upgrades Are Rare. Read here.


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Have a great week

Stephen McBride

Chief Analyst at RiskHedge │ Rational optimist

6 个月

America spent $600 billion (in today’s dollars) building the Interstate Highway System, which stretches some 50,000 miles. Big tech companies will spend more money building AI data centers in the next 4 years. It’s the biggest infrastructure buildout in history, and it’s not even close. Big tech continues to plow historic sums of money into AI. See the chip Nvidia CEO Jensen Huang is holding up? Price tag: $40,000. Big tech companies are buying them by the boatload. Microsoft and Google both announced a doubling of the amount of money they’re spending on chips, servers, switches, and cooling equipment. Meta said it’ll spend $40 billion building out its AI data centers this year. Would you rather own the companies spending all this money… or those receiving it? There are few no-brainer choices in investing. Investing in the companies capturing the hundreds of billions of dollars of guaranteed AI chip spending is one of them. Nvidia has already been a big winner here. I took some profits on it back in February and am now reinvesting into other AI winners.

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Steve Jeffery-Gough

Director at APK Group - A leading data centre, office fit out & education specialist. Your partner for premium electrical installations

7 个月

That’s a lot of big names and big zeros to go with it. Exciting times ahead for the DC world.

Charles Dunbar ??

Helps Real Estate Investors Maximize Profits via Seller Financing, Note Investing & Private Money

7 个月

Impressive. The growth in the data center industry is remarkable. It's exciting to see so many big players involved. Keep up with the updates

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