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Data Centres

The Tech Capital Oracle announces $10bn investment in massive data centres capable of accommodating 8 airplanes

American multinational computer technology corporation Oracle (NYSE: ORCL) said its plans to invest US$10 billion in the expansion of its data centres. The move is set to significantly bolster its cloud business, which is currently witnessing a surge in demand on the back of artificial intelligence deployments. As a result, Oracle’s chairman and chief technology office...

The Tech Capital Blackstone Credit & Insurance commits $600m to power Aligned Data Centers’ expansion in West Jordan

Blackstone Credit & Insurance (BXCI) has agreed to provide an initial US$600 million senior secured credit facility to support the development of American operator Aligned Data Centers’ newest and largest data centre in West Jordan, Utah. The senior secured credit facility is committed entirely to insurance accounts managed by BXCI’s Infrastructure & Asset Based...

The Tech Capital China’s GDS confirms talks on PE-investment sale

Chinese data centre operator GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) has confirmed that it is in talks with several private equity investors regarding a potential sale of its international business. This move comes as part of GDS's strategic review of the capital needs for its international operations. GDS has been at the epicentre of numerous reports hinting at a...

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