Dec 16, 2023 | Posted by Abdul-Rahman Oladimeji | Washington
Washington-based Edge computing firm Armada has announced that it recently raised $55 million for its Edge computing modules and management platform. The funds was raised from investors including Founders Fund, Lux Capital, Shield Capital, and 8090 Industries, with participation from Felicis, ...
Nov 11, 2023 | Posted by Abdul-Rahman Oladimeji | Washington
Australian infrastructure investment firm Palisade Infrastructure this week completed the acquisition of 100 percent of the equity interests in Mashell, Ranier's parent company. Following this acquisition, Rainier Connect has been rebranded as Lightcurve with immediate effect. Mike Reynolds, m...
May 09, 2023 | Posted by MadalineDunn | Washington
In Washington, House Bill 1416, a Bill set on regulating carbon emissions tied to crypto mining and data centers has been signed into law. Signed by Gov. Jay Inslee on May 3, the legislation closed a loophole in the previously passed Clean Energy Transformation Act, which enabled crypto mining...
Sep 07, 2022 | Posted by MadalineDunn | Washington
According to reports, the first commercial underwater data center off the US west coast could be operational by the end of 2022. Named the "Jules Verne Pod" and created by Subsea Cloud, the 20ft pod will reportedly have space for 16 datacenter racks, accommodate 800 servers, scalable to 100,...
Mar 14, 2022 | Posted by Abdul-Rahman Oladimeji | Washington
Washington is looking to increase data center development in the state by passing some data center tax exemption bills. The HB 1846 bill, which was introduced by Democrats Alex Ramel and April Berg, would introduce tax exemptions on data center facilities developed in rural counties. The bill ...