Blackstone, the world’s largest alternative asset manager, has unveiled ambitious plans to invest €7.5 billion (approximately $8.2 billion) in developing data centres in Aragon, Spain. This decision is poised to cement Aragon’s status as a critical hub for cloud computing in Europe, particularly amid growing demand for digital infrastructures. The investment comes at a time […]
Microsoft's Bold Leap into Nuclear Energy for Data Centres
In an era where energy demands are surging, Microsoft is making significant strides toward sustainability by signing a landmark 20-year deal to power its data centres using nuclear energy. This agreement involves a partnership with the Three Mile Island energy plant, which has been notorious for the nuclear accident of 1979. However, the plant’s upcoming […]
NEXTDC to Raise A$750 Million for Asian Expansion
Australian data centre operator NEXTDC is set to raise A$750 million (approximately $500 million) to fuel its expansion across Asia, capitalizing on a surge in demand for cloud and AI-driven digital infrastructure. The firm has revealed plans for a A$550 million placement at A$17.15 per share, paired with a share purchase plan capped at A$200 […]