Business
Chinese data centre firm GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long term GDS Holdings, one of China’s…
Tag
Data
Business
Why the Future of Cloud Security May Depend on Smarter Data Engineering
Across industries, the migration to the cloud has become both an inevitability and a gamble. The numbers speak for themselves. Oracle…
Business
BlackRock, Nvidia-backed group strikes US$40 billion data centre deal to fuel AI boom
The acquisition follows a slew of mega-deals focused on securing coveted compute capacity An investment consortium that includes…
Business
BlackRock, Nvidia-backed group including Temasek strikes US$40 billion data centre deal to fuel AI boom
The deal underscores the rush to build costly infrastructure essential for powering advanced AI models An investor group, including…
Business
Temasek, Nvidia, Blackrock part of group striking US$40 billion data centre deal to fuel AI boom
The deal underscores the rush to build costly infrastructure essential for powering advanced AI models An investor group including…
Unsorted
AI’s peak value is in training with private data: Oracle’s Larry Ellison
Models can use such information while keeping it restricted, unlocking huge productivity gains For artificial intelligence (AI) to reach…
Unsorted
California cracks down on water theft but spares data centers from disclosing how much they use
Gov. Gavin Newsom has vetoed legislation that would have required data centers to report how much water they use. New data centers have…
Business
Google plans US$15 billion data centre hub in biggest India bet
The Indian state of Andhra Pradesh aims to host 6 gigawatts of data centre capacity by 2029 Alphabet’s Google aims to invest about US$15…
Business
Australia central bank to be cautious, data dependent on future policy
Australia’s central bank saw no need for an immediate cut in interest rates at its September policy meeting, given some stickiness in…
Business
Australian airline Qantas says millions of customers' data leaked online
Qantas confirmed in July that hackers had targeted one of its customer contact centres Australian airline Qantas said on Sunday (Oct 12)…
Business
US: Wall Street opens slightly higher as traders buy the dip ahead of sentiment data
Wall Street’s main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting…
Business
Malaysia’s data centre boom looks poised to continue despite power, labour concerns
Spillover of demand from Singapore is turning Johor into South-east Asia’s fastest-growing data centre hub Data centre operators in…
Business
Data centre boom brings risks of overbuilding, Ares’ says
Alternative asset management giants have poured into data centre projects as a way to cash in on booming demand for processing power…
Unsorted
China trials ‘energy-saving’ underwater data centres
Undersea servers are kept at a low temperature by ocean currents, rather than the energy-intensive air cooling or water evaporation…
Business
BlackRock’s GIP nears US$40 billion deal to buy Aligned Data Centers in bet on AI
Global Infrastructure Partners already owns Dallas-based data centre company CyrusOne with KKR BlackRock’s Global Infrastructure Partners…
Business
US: Wall Street closes higher as investors shrug off jobs data, US shutdown
Wall Street’s main stock indexes rose on Wednesday (Oct 1), with strong support from the healthcare sector, despite weaker-than-expected…
Business
US: Wall Street opens lower after weak private payrolls data, government shutdown
WALL Street’s main indexes opened lower on Wednesday (Oct 1) after much weaker-than-expected private payrolls data, while the federal…
Business
Asia: Most markets track Wall Street higher after US inflation data
MOST Asian markets rose on Monday, tracking gains on Wall Street, following US inflation figures that met expectations and soothed…
Business
US: Wall Street indexes end up as investors weigh inflation data
Market participants have been concerned about economic data this week, weighing signs of a stronger economy against expectations for more…
Business
US: Wall Street opens higher after inflation data calms rate-cut jitters
Wall Street’s main indexes opened higher on Friday (Sep 26), after the latest inflation data came in line with expectations, easing…
Business
Asia: Markets drop as US data, new tariff threats dent sentiment
MARKETS retreated on Friday as nagging uncertainty about the US interest rate outlook was compounded by data showing the world’s biggest…
Business
US: Wall Street indexes fall as data raises uncertainty for rate-cut outlook
US stocks were lower on Thursday, with most sectors down, as economic data increased uncertainty about the outlook for interest rate cuts.…
Business
Asia: Markets slide as traders prepare for key US data
STOCKS moved narrowly on Thursday as traders continue to pull back from the buying that has propelled markets to record highs in recent…
Business
Gold holds steady as investors await key US economic data
GOLD prices held steady on Thursday as investors awaited key US economic data for further insights into Federal Reserve policy, with a…