Google to deploy new subsea cable linking Portugal to the US
Google said it will deploy a new subsea fibre cable linking Portugal, Bermuda and South Carolina, US, locations which the cloud giant describes as “fast emerging hubs for international connectivity”. Dubbed “Nuvem” – the Portuguese word for “cloud” –, the system which is solely f...
September 25
AWS to invest $3.5 billion in New Albany data centre park
Tech giant, Amazon, is set to bolster its data centre operations in New Albany with an investment of US$3.5 billion. The New Albany City Council has this Tuesday given the green light, approving an agreement that will see the hyperscaler construct five data centres and auxiliary buildings. The agreement stipulates that Amazon, through Amazon Web Services (AWS), will erec...
September 20
Chinese data centre operator GDS Holdings sees short interest spike in August
Chinese data centre operator GDS Holdings Limited (NASDAQ: GDS) recently experienced a considerable rise in short interest for the month of August. By the end of the month, a total of 7,970,000 shares were reported as shorted, marking a 12.1% increase from the total of 7,110,000 shares on 15th August, according to Nadaq data released this week. Based on the average tradi...
September 20
Data centres poured $2.1tr into the US economy
Data centres contributed US$2.1 trillion to the United States (US) Gross Domestic Product (GDP) between 2017-2021 revealing the integral role these facilities play in the digital economy. According to a PwC report commissioned by the Data Center Coalition (DCC), ‘Economic, Environmental, and Social Impacts of Data Centers in the United States’, the US data centre indust...
September 20
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