IT infrastructure services provider Kyndryl has expanded its partnership with Nokia, already geared to provide private 4G/5G networks, to also offer data center networking solutions and services to big global enterprises. The US firm will incorporate Nokia’s data center networking solution into its systems...
Data center industry sees strong growth continuing, driven by AI
LANSDOWNE, Virginia—The data center industry is seeing explosive growth, and some market observers have called 2024 a "turning point" for the space.
Citi Research has estimated data centers’ market size at 33 Gigawatts (GW) in...
AMD results for the third quarter of 2024 saw its data center segment revenue increase more than 120% year-over-year to a record $3.5 billion. The company's total revenue for the third quarter was $6.8 billion.
“We delivered strong third quarter financial results with record revenue...
Nokia reported mixed results for the third quarter of 2024 but is optimistic about signs of a slow recovery from the telecom industry's pull-back on network-related investments.
CEO Pekka Lundmark said during the quarterly call: "The market is turning, but it's turning slowly. We see...
Nokia is working with Lenovo to develop networking-and-automation solutions for the data centre industry. They said their joint products will support “massive and highly precise” compute, storage, and connectivity needs for escalating artificial intelligence (AI) and machine learning (ML) workloads in the enterprise and...
Intel claims to have doubled the performance and value of its Xeon family of processors for data centres with the introduction of a new sixth-generation Xeon 6 line, plus new Gaudi 3 accelerators. The former – presented as Xeon 6 with P-cores (‘performance’ cores)...
Data centers are a vital component of digital infrastructure, one that is expected to grow at a fast rate and require more land, power and interconnections. The United States doesn't have enough data centers to support the coming demand, particularly the demand driven by...
Barclays sees private cloud plans up 40% since nearly doubling since H2 2020
Enterprise CIOs surveyed by Barclays are apparently rethinking cloud strategies. In the second half of 2020, 43% of leaders surveyed were planning to bring workloads from the public cloud back on-premises to...
Clear Ventures, General Catalyst, Hitachi Ventures, Liberty Global, Lightspeed, NVIDIA, Prosperity7 Ventures invest total of $30 million in hyperscale network fabric specialist Arrcus
With a recent $30 million round of funding, including $15 million from NVIDIA, Arrcus CEO Shekar Ayyar detailed two priorities: porting Arrcus...
Telenor CTO highlights the role of ecosystem collaboration in driving growth and innovation
Communications service provider (CSP) Telenor recently expanded its partnership with Amazon Web Services (AWS) with a two-fold goal: to embolden Telenor’s ongoing transition from telco to cloud-native tech-co, and as part of...
Nokia said the purchase of Infinera, along with the sale of the Alcatel Submarine Networks business, will 'reshape' its Network Infrastructure unit
Nokia said it is buying optical networking vendor Infinera for $6.65 per share, equating to a value of $2.3 billion, in a deal...
Test company beat its own guidance but numbers were generally down year-on-year
Keysight Technologies beat its own guidance for its fiscal second quarter and expects revenues to be stable with modest increases in orders during the second half of the year.
Orders for the fiscal...
SoftBank plans to invest a total of $960 million by 2025 to develop generative AI
Japanese operator SoftBank plans to invest a total of JPY150 billion ($960 million) by 2025, with the aim of giving its computing facilities the necessary power needed to develop world-class...
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'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 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 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 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 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...
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,...
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...
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...
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...
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...
