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WHTop → 📋 News → ODATA Raises $1.02B Green Financing for Sustainable Data Centers
ODATA Raises $1.02B Green Financing for Sustainable Data Centers
📅 - ODATA, a subsidiary of Aligned Data Centers, has secured US $1.02 billion in green financing dedicated to sustainable data center infrastructure projects across Latin America. The new capital brings ODATA's total financing to US $2.25 billion, marking the largest sustainable financing package ever issued for the region's data center sector.
The funding strengthens the company's ability to meet the surging demand for cloud and AI infrastructure while maintaining strict commitments to environmental responsibility.
📅 - Telehouse Thailand, NT Partner to Expand Submarine Cable Connectivity - Telehouse Thailand has announced a strategic partnership with National Telecom Public Company Limited (NT) to strengthen Thailand's international connectivity through submarine cable systems. The collaboration links NT's extensive cable network directly to Telehouse Bangkok, the country's flagship carrier-neutral interconnection facility, now fully operational.
The move allows Telehouse Thailand to provide domestic content providers and regional ISPs seamless access to two major international systems: the Asia Direct Cable (ADC) and the Asia America Gateway (AAG). The ADC route connects China, Hong Kong, Japan, the Philippines, Singapore, Thailand, and Vietnam, where many of the world's [...]
📅 - IBM and AMD Join Forces to Build the Future of Computing - Companies are collaborating to develop scalable, open-source platforms that could redefine the future of computing, leveraging IBM's leadership in developing the world's most performant quantum computers and software, and AMD's leadership in high-performance computing and AI accelerators.
Quantum computing is a completely different way to represent and process information. While classical computers use bits that can only be either a zero or one, quantum computers' qubits represent information according to the quantum mechanical laws of nature. These properties enable a much richer computational space to explore solutions to complex problems beyond the reach of classical computing alone, [...]
In a world increasingly driven by data, understanding the environmental impact of digital infrastructure has become crucial for sustainable progress. Greener Data offers valuable insights from industry leaders about how volume-driven data demands intersect with greener technologies and practices. By exploring these actionable strategies, readers gain a comprehensive understanding of current trends and effective ways to balance data growth with environmental stewardship. This knowledge can empower individuals and organizations to make informed decisions that contribute to a more sustainable digital future. TL;DRHighly accessible [...]
📅 - Hitachi Invests $1B in U.S. Grid Infrastructure to Power AI Data Centers - Hitachi Energy, a subsidiary of Hitachi, has announced more than $1 billion in new U.S. manufacturing investments to expand the nation's electrical grid infrastructure and meet soaring energy demand from AI-driven data centers. The plan, revealed on September 4, includes $457 million dedicated to building a new power transformer factory in South Boston, Virginia - the largest such facility in the United States.
The broader investment will expand existing Hitachi Energy operations nationwide and create thousands of jobs, bolstering domestic supply chains for critical grid equipment.
The announcement comes as the rapid growth of AI data centers intensifies strain on power networks. [...]
📅 - EchoStar To Sell $17B Spectrum To SpaceX For Starlink Expansion - EchoStar is preparing for one of the most significant spectrum transactions in recent years, announcing that it has reached a definitive agreement with SpaceX to sell its AWS-4 and H-block spectrum licenses for a package worth about $17 billion.
The deal, which is still subject to regulatory approval, will consist of up to $8.5 billion in cash and an equivalent amount in SpaceX stock, valued at the time of signing. In addition, SpaceX has agreed to fund roughly $2 billion in cash interest payments tied to EchoStar's debt through late 2027, a provision that underscores the scale and strategic nature of the agreement.
The move represents more than just a spectrum transfer. EchoStar and [...]
📅 - LifeinCloud Grows EU IaaS Footprint With LumaDock And LumaBlast - LifeinCloud is a European IaaS and managed services provider that builds, owns, and operates its infrastructure. Headquarters are in London, with production regions in London and Frankfurt plus an owned and operated data center in Bucharest. The company is organized around a clear premise: measurable performance, provable sovereignty, and support delivered by the same engineers who run the platform. On this foundation sit two focused brands. LumaDock serves developers with fast, transparent VPS. LumaBlast serves gamers and communities with next generation game server hosting. The platform includes cloud servers for general workloads. Footprint, Sovereignty, And Why The Regions [...]
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