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Nokia sees revenues decline, emphasizes a future beyond CSPs

CEO Pekka Lundmark calls results 'a resilient performance considering the challenging environment' Nokia saw an expected decline in revenues during the fourth quarter and full-year of 2023, but the company's results were better than investors were expecting, due in part to cost-cutting measures. While the...

Vantage Data Centers lands $6.4b investment driven by ‘unprecedented cloud and AI demand’

Vantage's longtime financial backers lead the investment, driven by anticipated need for more data center capacity Vantage Data Centers has garnered $6.4 billion in equity investment, lead by digital infrastructure investment company DigitalBridge and tech backer Silver Lake, that the data center company says will...

SK Telecom unveils new AI strategy

SK Telecom aims to develop a personal AI assistant service that can attract global customers Korean operator SK Telecom (SKT) announced its ambition to become a global artificial intelligence (AI) company by strengthening its own AI competitiveness and cooperating with partners globally. SKT’s CEO Ryu Young-sang...

KKR to acquire 20% stake in Singtel’s regional data center unit

KKR will have the option to increase its stake to 25% by 2027 In a new agreement, a fund managed by KKR is purchasing a 20% stake in Singtel’s regional data center business worth up to S$1.1 billion ($807 million). The deal is part of...

SoftBank to invest $138m to create its own generative AI model

SoftBank will begin building its AI infrastructure by the end of 2023 Japanese operator SoftBank unveiled plans to invest a total of $138 million in advanced computing infrastructure with the aim of powering its own generative artificial intelligence (AI) model to target Japanese enterprises, local...

KT to invest $5.4 billion in AI by 2025: Report

KT expects to expand its AI-related offerings in the fields of logistics, robots and healthcare Korean telco KT announced plans to invest KRW7 trillion ($5.4 billion) to develop a large-scale artificial intelligence (AI) system and expand AI-based services by 2025, Korean newspaper Korea JoongAng Daily...

Google to build two more data centers in Ohio

The data centers will support the development of artificial intelligence technology and other tools, said Google Google revealed plans this week to build two more data centers in Ohio. The additions, which Google said will support the development of artificial intelligence technology and other tools,...

‘Timely and necessary’—Comcast Business expands Texas data center footprint

Comcast Business’ portfolio will now include a presence at more than 500 data center locations across the U.S. Comcast Business announced the expansions of its Texas data center footprint, citing a “growing demand for cloud services and business solutions.” Dallas, Houston, San Antonio and Austin are...

Equinix CEO: ‘The service provider world is very different’

Despite macroeconomic volatility, Equinix sees growth as investment in cloud-enabled digital transformation continues Looking back a decade, Equinix President and CEO Charles Meyers recalled service providers focused on networks and hyperscalers beginning what would become an incredible growth period. As the world of networks and...

American Tower CEO sees 5G densification and edge deployment driving growth

Multi-year master lease agreements insulate American Tower from uncertain economic conditions American Tower Corporation controls around 223,000 communications sites around the world, and has enjoyed steady growth as operators deploy and scale 5G infrastructure. Speaking earlier this month at the Citi 2023 Communications, Media and...

A Future-Forward Chat with Tony Grayson of Compass Datacenters

Technological innovation has immensely helped turn the impossible possible. In this episode, Carrie Charles sits with Tony Grayson, the General Manager of Compass Datacenters, to have a future-forward chat on data infrastructures and technology and what they can offer on sustainability. The two discuss...

Fujitsu tests private 5G for equipment inspection, remote recovery at data centres

Japanese IT firm Fujitsu is to start testing private 5G for equipment inspection at its major data centre in Yokohama, in the Kanagawa prefecture, as a springboard to drive “operational resilience and process automation” in the broader data centre market. The Fujitsu project, to...

The Sunday Brief: Glass half full or empty? (Jennifer Fritzsche, guest columnist)

Editor’s note:  We are very thankful for friends like Jennifer who are there when parental moves come into the picture.  Today’s opening picture was snapped last night as we prepared for the last leg of the “Planes, Automobiles, Hurricane, U-Haul, Trains” variant of the...

Arm aims Neoverse V2 and E2 at cloud, 5G and edge servers

Arm ups performance and efficiency in new designs to compete with AMD and Intel Fabless semiconductor maker Arm Ltd. has announced new chip designs that will power the next generation of cloud computing, 5G and High-Performance Computing (HPC) hardware coming next year, to compete with products from...

Juniper promises flexible data center management with Apstra Freeform

The new expansion promises support for any data center topology Juniper Networks this week announced Apstra Freeform, a new expansion to their intent-based data center automation and assurance platform. Apstra Freeform’s cornerstone feature is a new reference design that covers any topology, providing additional flexibility for...

Telco trends around cloudificaton and edge move market to Zayo

Zayo CEO sees edge as requiring data center capacity, networking and other service support Multiple mega-trends impacting how telecommunications operators strategically evolve their own businesses while delivering solutions for the digital transformation of their customers depend on access to fiber optic infrastructure. Whether that’s network...

Amid rocky quarter, Marvell sees fewer supply chain issues, predicts wireless growth

"Growth in 5G adoption" drove $600M in annual wireless revenue – CEO Semiconductor maker Marvell Technology posted results for its second fiscal quarter on Thursday, with revenues of $1.52 billion for the June quarter, offering adjusted earnings of 57 cents per share. Those numbers were...

Nvidia earnings fall short on gaming glut

Supply chain issues affected Nvidia’s data center sales, and weak guidance suggests a soft Q3 as well Nvidia announced Q2 earnings after the markets closed on Wednesday, posting revenue of $6.7 billion for the quarter ending July 31, 2022. Net revenue dropped 72% year over year (YoY)...

Stonepeak to buy 29% stake in American Tower’s US data center business

American Tower will retain managerial and operational control of the data center business American Tower Corporation and Stonepeak, an investment firm specializing in infrastructure and real assets, announced that Stonepeak, on behalf of certain affiliated investment vehicles, will acquire an ownership interest of approximately 29%...

Microsoft’s Dublin, Ireland data center to put power back on the grid

Microsoft will begin local power grid conditioning in Ireland later this year The world is turning to renewable energy to reduce greenhouse gas emissions and improve environmental quality. But renewable energy can be wildly variable — solar power efficiency is reduced on cloudy days and,...

Service providers, enterprises drove compute and storage sales – report

Service providers, including CSPs, accounted for 55.3% of quarterly compute and storage infrastructure sales, according to IDC.

Vodafone to migrate systems to Oracle’s dedicated cloud platform

Oracle will deploy dedicated cloud regions in Vodafone's main data centers that manage its European IT and network operations Vodafone is accelerating its transition to the cloud with the migration of several of its systems to Oracle’s managed cloud region called Dedicated Region Cloud@Customer (DRCC). The...

Nvidia focuses on data centers with new ‘superchip,’ A100 offerings

Nvidia is focusing on improved data center processing power and efficiency with new "superchip" server reference designs and liquid cooling.

Google announces $9.5 billion U.S. expansion

Google CEO Sundar Pichai announced a $9.5 billion capital expansion that will see new offices and expanded data centers across the U.S.