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Markets

GDS Holdings reports third quarter revenue of $345 million, up on Q3 2022

Chinese data centre operator GDS Holdings has reported a net revenue for the third quarter of 2023 increase of 6.4% on an year-over-year (Y-o-Y) basis to RMB2,519.0 million (US$345.3 million). This figure marks a slight increase from Q3 2022, where the net revenue stood at RMB2,367.6 million. ...

November 28

TTC Newsroom

Digital Realty Declares Quarterly Cash Dividend for Common and Preferred Stock

Digital Realty (NYSE: DLR), a global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today that its board of directors has authorized quarterly cash dividends for common and preferred stock for the fourth quarter of 2023.    Common Stock Digital Realty's board of directors authorized a cash dividend of&...

November 28

TTC Newsroom

Microsoft secures mega land purchase and data centre development agreement in Mount Pleasant

Microsoft's venture in Mount Pleasant, Wisconsin, has received the first of two local government approvals required for the acquisition of over 600 acres of industrial park land. This development is expected to lead to billions of dollars of investment in data centre construction. The Mount Pleasant Village Board unanimously approved the sale, along with a host of revise...

November 28

João Marques Lima

Microsoft commits $3.2 billion to UK AI data centres

Microsoft has pledged to invest a whopping £2.5 billion (US$3.17 billion) into the UK's artificial intelligence (AI) infrastructure. The capital expenditure aims to construct more AI data centres and was announced at the recent Global Investment Summit held at Hampton Court, the former palace of King Henry VIII in London, by the UK government. Prominent figures from the...

November 28

João Marques Lima