HPC cloud provider Qarnot gets funding from European Innovation Council
Value of funding not shared
News - EIB
The latest news from the data center, telco, and cloud sector
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Axian Telecom secures $100m EIB investment for Madagascar and Tanzania expansion plans
Will support the development of 4G, and eventually 5G coverage in the two countries
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Sateliot secures €70 million funding round from national and European backers
Telecoms and satellite systems well within European remit for expanded infrastructure and defense financing
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Inwit pockets €350 million in funding from EIB for telecommunications infrastructure
Set to drive 5G and FWA connections for mobile operators
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Vodafone and AST SpaceMobile extend commercial satellite agreement to 2034
Elsewhere, Cloudflare reports that SpaceX's global Internet traffic has more than tripled this year
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Ericsson secures €420m EIB loan for R&D investment
Which will support overall sustainability goals at the company
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Iliad secures €300m EIB loan for 5G network expansion in France
It's Iliad's seventh EIB loan since 2009
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Cellnex takes out €315m EIB loan to boost towers infrastructure across Europe
Will go towards supporting 5G rollout
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Orange secures €500m EIB loan to expand 4G and 5G rollout
The loan comes weeks after the operator revealed growth strategy
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SES secures €300 million loan from EIB
Company to use loan to buy three broadcast & broadband satellites
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European Investment Bank loans OVHcloud €200 million
French public cloud provider plans to open 15 data centers next year
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IQM Quantum Computers takes €35m loan from European Investment Bank for quantum fab
Expanding existing site in Finland
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EU announces €150 billion African investment package, will fund data center and cable projects
EIB to provide loans and grants for digital infrastructure projects
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European Investment Bank loans TIM €350 million for fiber and data center expansion
Italian telco plans new data centers in Milan and Turin as well as Greece, plus upgrades and decommissions elsewhere