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Damac Group expands into Spain with 400 million euros data center investment in Madrid

CIO

The data center market in Spain continues to heat up with the latest major development from Dubai-based Damac Group. The company has announced its entry into the Spanish market with the acquisition of land in Madrid, where it plans to build a state-of-the-art data center.

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AES enlists AI to boost its sustainable energy business

CIO

American utility and power company AES launched a renewable energy program in mid-2022 that is not only reducing its carbon footprint but adding wealth to its coffer. The project, dubbed Farseer AI Generation Forecasting and Market Automation Program, was developed by a handful of AES data scientists in partnership with Google.

Energy 193
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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. ” The Fungible team will join Microsoft’s data center infrastructure engineering teams, Bablani said. .

Azure 282
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Synthetic DNA startup Catalog partners with Seagate for its DNA-based data storage platform

TechCrunch

Data needs to be stored somewhere. However, data storage costs keep growing, and the data people keep producing and consuming can’t keep up with the available storage. According to Internet Data Center (IDC) , global data is projected to increase to 175 zettabytes in 2025, up from 33 zettabytes in 2018.

Storage 206
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Are data centers obsolete in the age of AI? Not on our watch…

CIO

In my role as CTO, I’m often asked how Digital Realty designs our data centers to support new and future workloads, both efficiently and sustainably. Digital Realty first presented publicly on the implications of AI for data centers in 2017, but we were tracking its evolution well before that.

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Private Data Center Trends for 2014 and Beyond

CTOvision

Today’s data centers are being built at the forefront of industry standards. Within the past five years, the way we construct data centers has changed dramatically. David Cappuccio, the Chief of Infrastructure Research at Gartner, told CIO that “Data centers will no longer be constrained by one specific site.

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Reliable and efficient data storage infrastructure is key to overcoming the challenges of the Yottabyte Age

CIO

Equally, if not more important, is the need for enhanced data storage and management to handle new applications. These applications require faster parallel processing of data in diverse formats. In his keynote speech, he noted, “We believe that data storage will undergo major changes as digital transformation gathers pace.

Storage 148