Regions

The Israeli developer has agreed to acquire the Norwegian data center operator for $850 million.

The joint venture is looking to close a major gap in Digital’s global data center portfolio.

Company chairman characterized any Japan fab as “specialty technology,” a term that usually refers to mature node chips that serve specific or niche markets.

Anhui province plans to shut down all crypto mining projects within the next three years due to a power supply shortage.

An extension would give the company until 2026 to construct the facility. It has until September under the current rules.

The developer has been quickly expanding across major Asian markets, targeting hyperscale cloud platforms.

The fundraising plans would serve as a stepping stone ahead of a potential IPO, sources said.