In an ambitious move to tackle escalating energy demands driven by Artificial Intelligence (AI) technologies, Schneider Electric has joined forces with Nvidia, a leader in AI computing and graphics processing. This collaboration aims to develop innovative liquid cooling systems tailored specifically for data centres, ushering in a new era of energy efficiency and sustainability in […]
AMD's Strategic Shift to AI: 1,000 Job Cuts Amid Data Centre Growth
In a bold move reflecting the shifting dynamics of the technology sector, Advanced Micro Devices (AMD) has announced it is laying off approximately 1,000 employees, which is about 4% of its global workforce. This decision comes as the company aims to realign its focus towards the burgeoning artificial intelligence (AI) chip market, especially amid soaring […]
Schneider Expands Data Centre Offerings with $850 Million Deal
Schneider Electric, a global leader in energy management and automation, has recently unveiled a significant strategy shift with its announcement of an $850 million acquisition of a 75% stake in Motivair Corp. This U.S.-based company specializes in liquid cooling solutions tailored for high-performance computing. This all-cash deal is set to be completed in the forthcoming […]
Equinix Partners with GIC and CPP Investments for Major Data Centre Expansion
Equinix is making significant strides in the data centre industry by announcing a joint venture with Singapore’s GIC and the Canada Pension Plan Investment Board (CPP Investments). This strategic partnership aims to raise over $15 billion to bolster Equinix’s hyperscale data center operations across the United States. The decision comes at a pivotal moment, as […]
Alphabet's Major Investment in South Carolina: The Future of AI Infrastructure
In a significant move that underscores its commitment to artificial intelligence (AI), Alphabet Inc. has announced a substantial investment of $3.3 billion to establish two new data centres in South Carolina. This expansion is a part of a broader strategy aimed at enhancing the company’s infrastructure to support the ever-growing demands of AI applications. The […]