Data Center News

Read Microchip Technology awarded $162 million in CHIPS Act funding
Microchip Technology awarded $162 million in CHIPS Act funding

Microchip Technology awarded $162 million in CHIPS Act funding

January 06, 2024 United States

Microcontroller manufacturer Microchip Technology is set to receive $162 million in funding from the US CHIPS and Science Act to support an increase in the company’s production of microcontroller units (MCUs) and other technology in the country. Ganesh Moorthy, President and CEO of Microchip,...

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Read Former SiFive executives join leadership team at MIPS
Former SiFive executives join leadership team at MIPS

Former SiFive executives join leadership team at MIPS

January 03, 2024 United States

MIPS, a company focused on the development of high-performance RISC-V compute IP recently announced that two former SiFive executives have joined its executive leadership team. Drew Barbier has joined as VP of products and Brad Burgess has been named chief architect. Sameer Wasson, CEO of MIPS...

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Read Arrcus joins UEC to support AI and HPC demands
Arrcus joins UEC to support AI and HPC demands

Arrcus joins UEC to support AI and HPC demands

December 26, 2023 United States

Hyperscale networking firm Arrcus has joined the Ultra Ethernet Consortium (UEC), a group dedicated to delivering Ethernet-based interoperable and high-performance architecture to meet the growing network demands of AI and high-performance computing (HPC). With this move, Arrcus has committed to...

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Read Liberty Networks and Gold Data partner to develop new subsea cable
Liberty Networks and Gold Data partner to develop new subsea cable

Liberty Networks and Gold Data partner to develop new subsea cable

December 06, 2023 United States

Liberty Networks and Gold Data have entered a partnership with the aim to develop a new subsea cable system connecting the US and Latin America. This system scheduled to be ready for operation by 2026, will be split into two segments: the Gold Data 1 system and Liberty Networks 1 system. Ray...

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Read Extropic raises $14.1 million in seed funding to build physics-based AI computers
 Extropic raises $14.1 million in seed funding to build physics-based AI computers

Extropic raises $14.1 million in seed funding to build physics-based AI computers

December 05, 2023 United States

Startup Quantum computing startup Extropic which was founded last year by former members of Alphabet’s quantum computing research team has raised $14.1 million in seed funding to build physics-based AI computers. The company plans to build computers that allow generative AI to scale in an...

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Read Ardent to purchase new data center facilities across US and UK
Ardent to purchase new data center facilities across US and UK

Ardent to purchase new data center facilities across US and UK

December 04, 2023 United States

Ardent Data Centers recently revealed its plans to acquire three data centers as part of a €110 million investment plan. The company mentioned it has successfully agreed letters of intent with two sites in the US and is the preferred bidder on a third in the UK. Once all three sites are acquired,...

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Read Vertiv purchases liquid cooling business CoolTera
Vertiv purchases liquid cooling business CoolTera

Vertiv purchases liquid cooling business CoolTera

December 04, 2023 United States

Data center and digital infrastructure power and cooling company Vertiv recently purchased liquid cooling business CoolTera. Vertiv is now in charge of the provider of coolant distribution infrastructure, including certain contracts, patents, trademarks, and intellectual property from an...

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Read Nvidia launches H200 GPU, its latest high-end GPU
Nvidia launches H200 GPU, its latest high-end GPU

Nvidia launches H200 GPU, its latest high-end GPU

November 13, 2023 United States

Nvidia has launched H200, its latest high-end GPU for training AI models. This new GPU, identical to the H100, has significant improvements as it features 41GB of HBM3e and a 4.8TBps memory bandwidth compared to the H100's 80GB of HBM3 and 3.5TBps of memory bandwidth. Ian Buck, vice president of...

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Read Upstack acquires technology advisory firm PCM
Upstack acquires technology advisory firm PCM

Upstack acquires technology advisory firm PCM

November 11, 2023 United States

Data center directory firm Upstack has acquired technology advisory firm Progressive Communications Management (PCM), which specializes in advising enterprise and midmarket organizations on cloud, network, and communications solutions. Following this acquisition, PCM co-founders Bob Matthews and...

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Read SiTime Corporation acquires time-related IP for $148 million
SiTime Corporation acquires time-related IP for $148 million

SiTime Corporation acquires time-related IP for $148 million

November 07, 2023 United States

SiTime Corporation announced this week that it agreed with Aura Semiconductor to purchase its clock products and license all its clock IPs. This agreement between both companies allows SiTime to hold exclusive, perpetual, and irrevocable rights to sell existing and new products based on Aura’s IP...

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Read Dominion to construct the largest-ever authorized wind project in the US
Dominion to construct the largest-ever authorized wind project in the US

Dominion to construct the largest-ever authorized wind project in the US

November 03, 2023 United States

Utility Dominion Energy has recently received permission from the US Interior Department for a 2.6 gigawatt offshore wind farm near the Virginia coast, the largest-ever wind project to be authorized in the US. Secretary of the Interior Deb Haaland said, “The Interior Department is committed to...

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Read Biden orders companies to report large compute deployments to US gov
Biden orders companies to report large compute deployments to US gov

Biden orders companies to report large compute deployments to US gov

November 02, 2023 United States

Biden has imposed an executive order focused on artificial intelligence, mandating all large computing clusters to be registered with the federal government. Following this order, "companies, individuals, or other organizations or entities that acquire, develop, or possess a potential large-scale...

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Read Meta reduces CapEx by about $3bn amid DC construction pause
Meta reduces CapEx by about $3bn amid DC construction pause

Meta reduces CapEx by about $3bn amid DC construction pause

October 27, 2023 United States

Global social media firm Meta has reduced its capital expenditure by almost $3 billion this quarter as it takes a break in data center construction. The company now expects its CapEx costs for the year to reach $27-29 billion instead of the original $27-30 billion. Meta CFO Susan Li said,...

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Read Dish Network, T-Mobile agree on spectrum purchase extension
Dish Network, T-Mobile agree on spectrum purchase extension

Dish Network, T-Mobile agree on spectrum purchase extension

October 25, 2023 United States

Dish Network and T-Mobile informed a US court last week about an agreement to extend Dish’s deadline for the purchase of T-Mobile’s 800MHz spectrum. Both companies have now agreed on April 1, 2024 as the new deadline for Dish to buy a set of T-Mobile airwaves. The court filing notes, “Taken...

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Read USCG awards data center support services contract to Credence Management Solutions
USCG awards data center support services contract to Credence Management Solutions

USCG awards data center support services contract to Credence Management Solutions

October 16, 2023 United States

Credence Management Solutions, a government-focused IT services company will be awarded a six-months data center support services contract by the US Coast Guard (USCG). A notice posted by the USCG mentioned that it would reduce competition to awards a sole task order for a part of its existing...

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Read Lonestar to transmit US Declaration of Independence to Lunar-based mini data center and back
Lonestar to transmit US Declaration of Independence to Lunar-based mini data center and back

Lonestar to transmit US Declaration of Independence to Lunar-based mini data center and back

October 11, 2023 United States

Lonestar Data Holdings recently revealed its plans to transmit the US Declaration of Independence to the lunar surface as the first document in history to be stored digitally on the Moon. This is a test of its lunar data centers concept for Disaster Recovery as a Service (DRaaS). This mission,...

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Read Newmark Real Estate Company launches a data center practice financial division
Newmark Real Estate Company launches a data center practice financial division

Newmark Real Estate Company launches a data center practice financial division

August 18, 2023 United States

Newmark Division, Inc., a US real estate advisory and services firm, has launched a data center practice division to provide financial data center consulting. This week, the company announced the expansion of its Capital Markets services by introducing the Data Center and Digital Infrastructure...

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Read Tillman FiberCo and Northleaf execute a $500 million investment agreement
Tillman FiberCo and Northleaf execute a $500 million investment agreement

Tillman FiberCo and Northleaf execute a $500 million investment agreement

August 14, 2023 United States

Northleaf Capital Partners and Tillman FiberCo have joined forces in a strategic partnership. The fiber broadband company confirmed receiving a preliminary investment of $200 million, with an additional $300 million possible as the company looks to expand. The investment, per Tillman, will speed...

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Read Culpeper data center rezoning request deferred
Culpeper data center rezoning request deferred

Culpeper data center rezoning request deferred

July 25, 2023 United States

On July 18th, the Town of Culpeper Planning Commission held a public hearing where it deferred action on a rezoning request for a large data center complex adjacent to the Culpeper National Cemetery annex.Copper Ridge Culpeper LLC of Middleburg is seeking to rezone 116 acres along East Chandler...

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Read Switch Inc. receives $500m investment from Aware Super
Switch Inc. receives $500m investment from Aware Super

Switch Inc. receives $500m investment from Aware Super

July 14, 2023 United States

The Australian pension fund Aware Super has invested in the data center company Switch Inc. This week, Switch proprietor DigitalBridge announced that Aware Super will make "a significant investment" in Switch. The deal's value wasn't made public in the initial publication, but DigitalBridge's CEO...

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