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Spark New Zealand plans to invest NZ$1 billion in data centers over the next 5-7 years to meet rising demand from AI and cloud services. The company, which currently holds 25% of the market, aims to expand its capacity by 118 MW. Spark projects a 70-80% profit margin and expects a 10-15% return on investment. Despite a 54% increase in data center revenue, group net income fell 21% due to soft economic conditions.
Edged Energy has launched its first North American data center in Atlanta. This $1.69 billion project transforms a former brownfield site into a state-of-the-art facility. Equipped with waterless cooling technology, the center conserves 664 million gallons annually and supports AI workloads with a PUE of 1.15. The initiative creates hundreds of jobs and boosts Atlanta’s digital economy.
U.S. utilities Oncor, Xcel, and Ameren report a significant rise in data center energy demands, with requests totaling gigawatts across multiple states. Oncor leads with 59GW of new requests, while Xcel anticipates 6.7GW by 2030. Ameren signed a deal for a 250MW data center. This surge underscores the growing energy needs of data centers as digital infrastructure expands rapidly.
Google has partnered with Australia’s CSIRO to develop technologically advanced computer ware aimed at strengthening the nation’s defense and health services. This collaboration focuses on preserving delicate records and significantly improving overall security. Australia continues to lead in cybersecurity innovation, addressing the growing threat of high-profile data breaches at this critical moment.
Microsoft is changing how it reports financials, moving away from tracking server product growth. Instead, the tech giant is spotlighting its “Microsoft 365 Commercial products and cloud services.” This shift underscores Microsoft’s deeper commitment to cloud services and AI. Even with this change, the company remains strong, boasting $245.1 billion in annual revenue and a 22% boost in net income to $88 billion.
Amazon strengthens its AI and Edge computing portfolio by acquiring Perceive, a division of Xperi, for $80 million. Known for its on-device AI inference processor Ergo, Perceive will integrate into Amazon’s Devices & Services division. This acquisition aligns with Amazon’s goal to enhance Edge capabilities, bringing AI experiences closer to the user. The deal is set to close by the end of the year.
