Colt Technology Services expands into Africa with Lumen EMEA $1.8b acquisition

Colt Technology Services has completed the acquisition of Lumen's EMEA business for $1.8 billion. The deal, which was first announced last year, will see Colt expand its digital infrastructure and…

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Raxio raises $46m in equity funding and $170m in debt, announces CEO succession plan

Raxio, a leading carrier-neutral, data center company in Africa, has announced that it has raised $46 million in equity funding from existing shareholders, Roha and Meridiam, and $170 million in…

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Nvidia and Foxconn partner to build and scale ‘AI factory data centers

Nvidia and Foxconn  have announced a collaboration to create data center modules tailored for AI-powered factories using Nvidia's Grace Hopper chips. Under this partnership, Foxconn (Hon Hai Technology Group), will…

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Read more about the article AI to triple hyper-scale data centers within six years – Synergy
Hyperscale Data Center Growth

AI to triple hyper-scale data centers within six years – Synergy

Hyperscale data center capacity is poised to nearly triple over the next six years, driven by the growing demand for artificial intelligence (AI) workloads, says Synergy Research Group, a strategic…

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