Nokia looks to data centers for growth as Q3 sales decline
Nokia is betting big on data centers to fuel future growth, even as its Q3 2024 sales took a hit. The company saw an eight percent drop in net sales…
Amazon backs nuclear power for data centers
Amazon has joined its peers—Microsoft, Google, and Oracle—in the bold move toward using modular nuclear reactors to power its data centers with carbon-free energy. This shift aims to reduce reliance…
How AI is transforming news production – NewsGPT
As the news industry evolves, AI is playing a crucial role in improving efficiency, streamlining tasks, and enhancing reader experiences. NewsGPT shares how AI is reshaping newsrooms: Streamlining content creation…
Vertiv’s data center solution increases Kenya’s vehicle license processing speed by 8x
In partnership with Encapsulated East Africa Limited and the National Transport and Safety Authority (NTSA) of Kenya, Vertiv, a global provider of critical digital infrastructure and continuity solutions, launched a…
Following Microsoft and Oracle, Google invests in nuclear power with reactor purchases
Google is making a bold move toward carbon-free energy as it plans to power its U.S. data centers with small nuclear reactors by 2030. This initiative is part of the…
IFC investment expert urges Data Center investors to consider EBITDA and IRR for long -term success
Obinna Isiadinso, Global Sector Lead for Data Center and Cloud Investments at the International Finance Corporation (IFC), has emphasized the importance of a balanced approach to evaluating data center investments.…
Data centers are hottest asset classes, make up 40% of global real estate investments – report
The recent Hyperscalers Convergence Africa conference underscored the growing global interest in data centers as a key asset class, with transaction sizes now reaching up to 300 MW. A report…
Vertiv launches high-density lithium battery cabinets for rapid HPC data center deployment
Vertiv has introduced the Vertiv™ EnergyCore battery cabinets, designed for high-density computing environments. These Lithium-Iron-Phosphate (LFP) battery cabinets are factory-assembled, compatible with Vertiv’s three-phase UPS systems, and offer a compact…
Data centers are hottest asset classes, make up 40% of global real estate investments – report
The recent Hyperscalers Convergence Africa conference underscored the growing global interest in data centers as a key asset class, with transaction sizes now reaching up to 300 MW. A report…
AI, data centers require 3x nuclear energy – DOE
The US Department of Energy (DOE) recently released a report outlining an urgent need for nuclear energy capacity to triple by 2050 to meet the surging demand driven by AI…
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