Data Center

Azrieli Group's subsidiary Green Mountain secures a €1.4 billion financing package for a major 80-megawatt data center project in Norway, projected to generate €117 million in annual NOI.

Kardan Israel is negotiating an AI infrastructure venture with Highrise AI, a subsidiary of Hut 8, which partners with Anthropic. The project aims to develop advanced computing facilities in Shoham.

Nadav Balila's logistics firm acquired 22 dunams in Alon Tavor for 83 million shekels to build a 50-megawatt data center in partnership with Doral Energy and Ampa.

AWS confirmed permanent data loss at its Bahrain and UAE data centers following Iranian drone strikes, dealing a major blow to the Gulf's ambitions as a regional tech hub.

The UAE is decentralizing a massive 5-gigawatt AI data center project and moving facilities underground following Iranian drone attacks, according to Reuters reports.

Nvidia will lease up to 4 MW at the Serverz data center in Kfar Saba, a deal expected to generate 8 to 18 million shekels annually for the Rani Zim and Kardan-Geva partnership. The facility, currently operating at 20 MW, plans to scale to 200 MW amid a national shortage of data center space and grid connection freezes.

Dalia Energy will exercise its option to increase its stake in the Ashdod data center project to 50% earlier than expected. The investment in the construction of the complex and the substation has jumped from $1.5 billion to $4.5 billion, to which up to $7 billion may be added for servers and processors. The project is planned to reach a capacity of up to 250 megawatts, and the companies are...

Nvidia will provide up to $105 billion in financing to support credit and computing capacity for a new OpenAI AI data center in Ohio. The facility will initially support 4.25 gigawatts of capacity, with operations starting in 2028.

The chip giant is in advanced talks for an unprecedented investment in SB Energy to fund a massive server campus in Ohio, providing the computing and energy infrastructure required for OpenAI's artificial intelligence systems.

While data center construction often sparks public debate in US cities, the town of Gilroy, California, faced a unique controversy. As reported by The Wall Street Journal, Amazon began construction on a $2 billion project without informing local residents.

The two major banks will provide a long-term loan for a new data center in Kiryat Aryeh. The project has already secured all necessary permits and is exempt from the recent freeze on infrastructure approvals.

Nvidia is in discussions with OpenAI to provide a financial guarantee of approximately $250 billion to support a massive data center project in Ohio. According to the Wall Street Journal, this initiative aims to establish one of the largest AI computing hubs to date.