CoreWeave aims to raise $8.5bn, backed by Meta contracts

Data center developer CoreWeave is currently raising $8.5 billion via a new special purpose vehicle backed by Meta contracts

Altarea, Vantage partner on AI, cloud data centre campus,...

Altarea and Vantage Data Centers have signed a strategic partnership to develop an AI and cloud data centre campus near Bordeaux, France, in what is expected to be one of the largest facilities of its kind in the country

Allens appoints managing partner, Oz

Australia-headquartered Allens has appointed Marc Kemp as the managing partner of the firm, effective 1 July

NTT unit raises $500m from floating notes

NTT Finance Corp, the financing arm of Japan’s Nippon Telegraph and Telephone Corp, has priced a $500 million 5-year floating-rate Formosa bond, marking its latest offshore funding round under its multi-currency MTN program

Echelon secures financing for European growth

Echelon Data Centres has closed an initial €1.7 billion loan financing provided by Morgan Stanley

IFC backs Seraya Partners Fund II

The International Finance Corporation has committed $25 million in equity to Seraya Partners Fund II to support sustainable infrastructure investment in emerging markets in Southeast Asia

Ori Industries merges with Radiant, UK

AI cloud operator Ori Industries has merged with Radiant, the AI infrastructure investment platform of Brookfield

Light Source launches 500-mile dark fiber route, US

Light Source Communications has launched a long-haul route connecting St. Louis, Missouri, and Tulsa, Oklahoma

Google finds energy partners for US data centers

Google has partnered with Xcel Energy and the AES Corporation for the supply of electricity to its new US data centers

Meta, AMD expand AI partnership

AMD and Meta have made a 6GW agreement to power Meta’s next generation of AI infrastructure across multiple generations of AMD Instinct GPUs

Mirae Asset prices $600m bonds

Mirae Asset Security has priced its combined $600 million offering of senior unsecured notes