Data Center News

CoreSite seeks tax rebate for Denver data center

American Towner-owned company CoreSite is planning to “rehabilitate and activate” an abandoned industrial site in Denver as part of a proposed tax agreement. The data center campus will span 600,000 square feet and create up to 75 new trades and technology-oriented jobs, according to a present...

September 01, 2024

Denver

RadiusDC acquires data center in Miami

RadiusDC this week announced the acquisition of Miami I in the Sweetwater area of the city from NextStream, a data center operator in Latin America owned by Actis. RadiusDC said it plans to immediately expand the site's capacity from 3.2MW to 9.2MW. "We believe Miami I is an ideal asset to e...

August 14, 2024

Miami

Upstack acquires consulting firm Performance Networks in Denver

Data center directory firm Upstack has acquired Performance Networks, a telecommunications consulting company based in Denver which specializes in sourcing and managing complex telecom networks primarily for large enterprises.“Performance Networks’ commitment to customer experience and client...

July 15, 2024

Denver

InfiniG deploys in-building mobile coverage in Florida

Mobile coverage solution firm InfiniG has deployed its in-building mobile infrastructure as a Service (MCaaS) solution at the Gale South Beach Hotel in Miami. This deployment offers multi-carrier mobile coverage services to all guests in all locations in the Gale Hospitality Group-owned hotel,...

July 09, 2024

Miami

Phaidra raises funds for data center cooling control system

Industrial AI company Phaidra has raised $12 million for its data center cooling control system from Index Ventures and will use the money for R&D, implementation, and go-to-market efforts.“The data center industry is in the midst of an arms race to build new capacity wherever land and po...

July 05, 2024

Seattle

Metrobloks raises $5.2 million in funding round

Metrobloks, a new data center startup focused on metro projects this week announced an oversubscribed $5.2 million seed round led by Current Equity Partners with the backing of Serena Capital. The company noted that it designs, deploys, and operates modular and scalable data centers in underse...

June 27, 2024

New York

Atlanta City Council members propose new bill to block data center developments

Atlanta City Councilmen Jason Dozier and Matt Westmoreland have introduced bills to block data center developments around certain areas of the Georgia city near transit stops and the Beltline.“Excited to introduce legislation alongside Matt Westmoreland to address the rapid growth of data cent...

May 10, 2024

Atlanta

Former Sungard data center is up for sale in New Jersey

Via RI Marketplace, Real estate firm Marcus & Millichap is offering 1008 Virgil Avenue in Ridgefield, a former Sungard data center field as up for sale via auction and bidding for this property is set to begin March 25, with $750,000 listed as a starting bid. The listing reads, “The proper...

February 14, 2024

New Jersey

Lightmatter officially becomes a unicorn

Photonic computing company Lightmatter has now been crowned a Unicorn, raising $155 million at a $1.2 billion valuation. This funding is part of the series C investment round, which helped the company raise $154 million in May, successfully tripling the company’s value at the time. Overall, Li...

December 19, 2023

Boston

OpenAI president Greg Brockman quits as the company fires CEO

OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company ...

November 20, 2023

San Francisco Bay Area

OpenAI co-founder Sam Altman fired from the company

OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technol...

November 19, 2023

San Francisco Bay Area

X claims $100m annual savings upon exiting Sacramento data center

X, the social media company formerly known as Twitter, claims to have saved $100 million annually after exiting its Sacramento data center via a post on the platform. X further claimed to have saved a significant amount by repatriating some of its workloads to on-prem data centers. The company...

November 02, 2023

Sacramento

Quantum computing firm D-Wave faces delisting from NYSE again

Quantum computing firm D-Wave is facing delisting from the New York Stock Exchange over its low stock price for the second time this year. The company announced this week that it received a notice from the NYSE that it is not in compliance with listing requirements as the average closing price...

October 26, 2023

New York

A data facility near Detroit in Michigan up for sale

A data center outside of Detroit, Michigan, is available for purchase. Lee & Associates, a real estate agency, has listed 21420 Melrose in Southfield, Oakland County, as available. The 1986-built, 15,956-square-foot property is available for $1.34m.“This building is extremely well maintain...

September 14, 2023

Detroit

Developers in San Jose, California, switch hotel plans for data center development

Plans for an entertainment district development in San Jose, California, have been scrapped and replaced with data center plans, it has been announced. Back in 2018, developer Terra Ventures had initially pitched for development known as 'Shops @ Terra'; this would have been an entertainment d...

August 08, 2023

San Francisco Bay Area

Wells Fargo relocates, exiting office and data center in Philadelphia, Pennsylvania

Wells Fargo has announced that it is exiting its lease at the Philadelphia Plaza building at 101 N. Independence Mall, leaving its office and data center and relocating to offices in Two Logan Square and Commerce Square.According to the company, no layoffs are set to take place, and there will...

July 07, 2023

Philadelphia

Edged Energy begins work on Atlanta data center

Construction on Edge Energy's Atlanta, Georgia data center is underway, with the company commencing work on July 1st. Located at Tilford Yard, the company bought the 158 acre-site back in July 2021; 70 acres will be dedicated to data center development. In January 2023, it filed a building per...

July 04, 2023

Atlanta

Circularity controversy: Bitcoin operations heats bathhouse in Brooklyn

In New York City, Brooklyn, a bathhouse and spa named Bathhouse has shared that it is now heating its pools with mining, with the water from the pool, then going on to cool the hardware. The bathhouse and spa also Bitcoin payments. The company shared the news in an Instagram post: "Enjoy a hot...

July 03, 2023

New York

365 Data Centers Planned Tampa Campus Expansion

365 Data Centers is constructing an additional data center space at its Tampa, Florida, site. The Tampa Internet Exchange and 25 carriers are housed in the Franklin Exchange building at 655 North Franklin Street, the campus location. The company's current market footprint will double due to t...

June 20, 2023

365 Data Centers

Tesla leases Sacramento Twitter data center Musk once blasted

Twitter formerly used the Sacramento site of NTT Global Data Centers, but now it is home to Musk's electric car company. Twitter departed the data center in late 2022, with the CEO disparaging the area. Tesla will now occupy the space as well as extra square footage.The data center will likely...

June 13, 2023

Sacramento

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