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Tencent to Invest $70B in Data Centers, Cloud and AI

HUGE PLAN FOR THE NEXT FIVE YEARS Chinese multinational tech giant Tencent, has disclosed it plans to invest 500 billion yuan (US$69.9 billion) in digital infrastructure over the next five years. The investment focuses on cloud computing and artificial intelligence…

KKR Invests $1B to form Data Center Platform

TARGETS THE EUROPEAN MARKET Network headquartered investment firm KKR and data center entrepreneur Franek Sodzawiczny, has today announced the formation of a data center platform Global Technical Realty (GTR). Set to be a build-to-suit and roll-up acquisition data center platform…

TIM Acquires Cloud Service Provider Noovle

BOLSTERING PARTNERSHIP WITH GOOGLE CLOUD Telecom Italia (TIM) has announced the signing of an agreement to acquire 100% of Noovle, a Milan-based cloud services company. As a consultancy and system integration company that specializes in the supply of cloud projects…

Raxio Unveils 9 Fiber Carriers for Uganda Facility

FOR A CARRIER-NEUTRAL 1.5MW FACILITY Uganda based data center company Raxio, has just unveiled the signing-on of nine local fiber carriers for its Namanve carrier-neutral facility. The establishment of these carriers’ partnerships are placed ahead of the company’s data center…

Green Mountain Plans New Campus in Norway

A 54-ACRE DATA CENTER CLUSTER Norwegian colocation services provider Green Mountain, has announced it plans to develop a data center cluster in Kalberg Valley, Norway. The company considers Kalberg Valley as a promising site due to its nearness to Fagrafjell…

Google Cloud hires SAP and Accenture Veterans

MARKET EXPANSION STRATEGY Google Cloud has just hired Lori Mitchell-Keller and George Nazi as senior executives to help in driving its telecommunication and media market strategies. Mitchell-Keller is joining Google Cloud as the former General Manager of Consumer Industries at…

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