Data Center News

TierPoint Acquires Leased Data Center site in Pennsylvania

US data center operator TierPoint this week announced the completion of a new $240 million asset-backed securities (ABS) issuance and the acquisition of its largest, formerly leased data center in Pennsylvania, along with the campus on which that data center is located.TierPoint has started a ...

October 28, 2025

Pennsylvania

Top Data Center News for 20th-25th October, 2025

BGO Secures $260m for US Data Center DevelopmentReal estate investment firm BentallGreenOak announced the successful close of its data center co-investment fundraise, totaling approximately $260m, and is also in advanced stages of securing up to 800MW of power capacity to enable the constructi...

October 27, 2025

United States

ON.Energy Launches UPS for AI Data Center Market

ON.energy has launched a new medium-voltage uninterruptible power supply (UPS) system designed specifically for AI data centers with claims that it is the first UPS to be purpose-built to handle the unique power demands of large-scale AI compute facilities.“AI UPS is the new standard for how t...

October 27, 2025

United States

ChipAgents Raises $21m to Support Development of AI Chip

AI chip design startup ChipAgents has raised $21 million in an oversubscribed Series A funding round, seeing participation from Bessemer Venture Partners, Micron, MediaTek, and Ericsson, in addition to unnamed semiconductor companies.In addition to closing the funding round, ChipAgents has als...

October 25, 2025

United States

Switch Raises $659m with Green Bond Issue

Las Vegas-based data center operator Switch has raised another $659 million, closing its fourth asset-backed securities (ABS) offering and taking the total it has received across the quartet to $3.5 billion.“The success of this transaction, and the overall growth of our platform, clearly demon...

October 25, 2025

United States

Soluna Signs 3.3MW Bitcoin Mining Deal for Treasury Firm

Cryptomine and HPC data center developer Soluna has announced a 3.3MW hosting partnership with KULR Technology at its Project Sophie facility in Kentucky. Under this Bitcoin mining lease structure, Soluna will offer 3.3MW of Bitcoin mining capacity at its Kentucky site. KULR will purchase the ...

October 24, 2025

United States

Menlo Equities Breaks Ground on 48MW Data Center in Fairfax County, Virginia

Menlo Digital, Menlo's dedicated data center platform, announced this week that construction has commenced on its MD-DC1 data center in Herndon, Fairfax County. Set on nine acres at 13775 McLearen Road, MD-DC1 will feature four 12MW data halls, supported by 67MW of utility power from Dominion ...

October 24, 2025

United States

Compass Mining Energizes 20MW Cryptomining Site in Texas

Compass Mining, the Bitcoin mining and infrastructure developer, has announced the full energization of a new 20MW partner site in Texas. Compass views the current successful energization as proof of its position as a “leader in operations-as-a-service,” which it primarily provides for enterpr...

October 23, 2025

United States

Top Data Center News for 13th-18th October, 2025

Poolside Partners with CoreWeave on 2GW Data Center in TexasAI startup Poolside is teaming up with CoreWeave for the development of a 2GW data center in West Texas, dubbed Project Horizon as both companies aim to ensure immediate access to next-generation silicon.Galaxy Digital Secures $460 Mi...

October 20, 2025

United States

Canada's British Columbia to Limit Data Center Energy Use

The Government of British Columbia in Canada will limit the state’s data center energy usage and ban new cryptomining projects. The government stated that it would introduce legislation and regulations to “address unprecedented demand for electricity and ensure that BC and Canadian economic in...

October 20, 2025

Canada

BGO Secures $260m for US Data Center Development

Real estate investment firm BentallGreenOak (BGO) this week announced the successful close of its data center co-investment fundraise, totaling approximately $260m, which was established in connection with its US Industrial Strategies I fund.BGO said it is now in the advanced stages of securin...

October 20, 2025

United States

Meta Breaks Ground on 1GW Data Center Campus in Texas

Social media giant Meta this week announced work had started on the 1GW site, the company’s 29th data center. Some $1.5 billion is set to be invested in the first phase of development. The site has been designed to support “both the traditional servers of today and future generations of AI-ena...

October 18, 2025

Texas

QumulusAI Arises $500m to Expand AI Compute Infrastructure

QumulusAI has secured a $500 million blockchain-backed facility to fund its AI compute infrastructure buildout. The debt funding will enable QumulusAI to borrow stablecoins against up to 70 percent of its approved GPU deployments, enabling faster access to capital."This partnership represents ...

October 18, 2025

United States

IonQ Raises $2bn from Equity Offering

US quantum computing firm IonQ has announced plans to raise $2 billion through an equity offering. The company will sell 16.5 million shares at $93 each to an entity managed by investor Heights Capital Management.“This investment provides an opportunity for the IonQ team to continue to grow an...

October 17, 2025

United States

Bloom Energy Signs $5bn Partnership with Brookfield

US fuel cell developer Bloom Energy has signed a $5 billion AI infrastructure partnership with global investment firm Brookfield, which will see an investment of up to $5bn to support the deployment of Bloom’s Solid Oxide Fuel Cell (SOFC) technology in AI data centers worldwide.KR Sridhar, fou...

October 17, 2025

United States

Gridmatic Expands into Ohio

US power marketer Gridmatic has expanded into Ohio, with the launch of its Gridmatic Retail product in the state which will offer both standard and advanced energy contracts to a range of commercial and individual customers, including data centers and other consumers with flexible loads.“We’re...

October 16, 2025

Ohio

Penzance Breaks Ground on Data Center in Chantilly, Virginia

Real estate firm Penzance announced it has secured construction financing and broken ground on Chantilly Premier, a 100 percent leased powered shell located in Fairfax County, Northern Virginia."Penzance is excited to break ground on this project, which will deliver critical digital infrastruc...

October 14, 2025

Virginia

Top Data Center News for 6th-11th October, 2025

QTS Starts Preparation for $13bn UK data centerQTS has begun site work on a massive data center project in Northumberland, UK, which could see an investment of up to £10 billion ($13.2bn) across 10 facilities if fully built out, after initially being pitched as a 1.1GW projectGoogle to Invest ...

October 13, 2025

United States

Nvidia Prepares Data Center Industry for 1MW racks

Nvidia has announced more than a dozen partners as it looks to prepare the data center industry for 800-volt DC power architectures and rack densities of 1MW.The GPU giant this week said it would unveil specs of the Vera Rubin NVL144 MGX-generation open architecture rack servers.“Moving to 800...

October 13, 2025

United States

Intel Announces New Arizona Fab 52 is Fully Operational

Intel has announced that its new chip fabrication plant, Fab 52, in Chandler, Arizona, is fully operational, and that the facility will mass-produce the company’s upcoming mobile processors, Intel Core Ultra series 3, and Intel Xeon 6+ data center processors, codenamed Panther Lake and Clearwa...

October 11, 2025

Arizona

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