Data Center News

TensorWave closes $43m funding round

AI GPU cloud platform TensorWave has closed a $43 million SAFE (simple agreements for future equity) funding round. This included participation from Maverick Capital, Translink Capital, Javelin Venture Partners, Granite Partners, and AMD Ventures. The participating investors have the right to ...

October 10, 2024

United States

TSMC signs MoU with Amkor Technology

Chipmaker TSMC has signed a Memorandum of Understanding (MoU) with US semiconductor product packaging and test services company, Amkor Technology. Following their agreement, Amkor will provide TSMC with turnkey advanced packaging and test services at its planned outsourced semiconductor assemb...

October 09, 2024

Arizona

Talen acquires Nautilus Cryptomine facility

US independent power producer Talen Energy has acquired full ownership of Nautilus Cryptomine, a 200MW Bitcoin mining facility in Berwick, Pennsylvania, from TeraWulf. Talen acquired TeraWulf’s 25 percent interest in Nautilus and obtained full control of the legacy Power Purchase Agreement (...

October 08, 2024

Pennsylvania

Former Compaq Computer campus gets investment for AI data center upgrade

A Houston, Texas, facility has received $40 million in investment to be upgraded as an artificial intelligence (AI) data center. This site is located at 11445 Compaq Center W. Drive and is part of the 66-acre Viva Center campus at State Highway 249 and Louetta Road. The $40 million will be use...

September 27, 2024

Texas

Stack receives approval for Gainesville data center

The Prince William Board of County Supervisors has approved a rezoning requestto rezone the land from agricultural to planned business district to enable two data centers to be built. in Gainesville, Virginia. The data centers are expected to total nearly 815,000 sq ft (75,716 sqm) and are per...

September 25, 2024

Virginia

Alibaba Cloud claims modular data center can reduce build times by 50%

Alibaba Cloud has claimed its modular data center architecture can reduce build times by as much as 50 percent as it shared details of its Cube DC 5.0 modular data center architecture at its annual Apsara conference. The provider describes Cube DC 5.0 as a prefabricated modular design that use...

September 20, 2024

United States

Snowhawk invests in CleanArc Data Centers

Private equity firm Snowhawk LP has invested in data center developer CleanArc Data Centers as the company expands its team and develops its first data center campus in Virginia. Led by Vantage Data Centers founder Jim Trout, the company aims to develop hyperscale data center campuses deliveri...

September 20, 2024

United States

SiFive unveils RISC-V based AI accelerator

RISC-V chipmaker SiFive has announced a new series of AI accelerators for high-performance workloads including its Intelligence XM Series which it claims is the first IP to include a scalable matrix engine, designed to accelerate time-to-market for semiconductor companies building system-on-c...

September 20, 2024

California

Department of Commerce awards $5m to small businesses under SBIR program

The Department of Commerce has awarded almost $5 million to 17 small businesses under the Small Business Innovation Research (SBIR) program to support microelectronics research projects that have the potential to be commercialized.The 17 companies include California-based HighRI Optics, which ...

September 19, 2024

United States

Telesat completes CA$2.54 billion in funding agreements

Canadian satellite firm Telesat has announced the completion of funding agreements with the Government of Canada and the Government of Quebec for the Low Earth Orbit (LEO) broadband constellation. The satellite firm now has all financing sources in place to fund the Lightspeed network, includi...

September 18, 2024

Canada

Lenovo unveils GPU-as-a-Service offering

Lenovo has launched a GPU-as-a-Service (GPUaaS) offering designed to help customers bring artificial intelligence (AI) workloads on-premises, Lenovo has added GPUaaS to its subscription-based infrastructure model, TruScale. The company also added automation, predictive analytics, and generativ...

September 17, 2024

United States

SiMa.ai unveils new multi-modal platform for Edge AI

SiMa.ai has launched MLSoC Modalix, a multi-modal, software-centric Edge AI chip for its embedded Edge machine learning system-on-chip (MLSoC) offering. MLSoC Modalix is the second generation of SiMa’s MLSoC and it supports CNNs, transformers, LLMs, LMMs, and generative AI at the Edge, reporte...

September 12, 2024

United States

New data center planned in Ashburn, Virginia

Daniel Golding, CTO of Appleby Strategy Group, this week announced plans for a new data center at the Quantum Park in Loudoun County. The address is 22001 Loudoun County Parkway, located within the Quantum Park business park. The park is the former UUNet/MCI Worldcom site that was a key connec...

September 11, 2024

Virginia

US DOE launches HPC research program

The US Department of Energy’s (DOE) Office of Science has announced a new $23 million research and development program led by Oak Ridge National Laboratory (ORNL). The initiative will see a team led by ORNL source R&D proposals across the areas of hardware, software, and critical technolo...

September 10, 2024

United States

Liberty Latin America acquires mobile spectrum from EchoStar

Liberty Latin America (LLA) has acquired spectrum assets from EchoStar in Puerto Rico and the US Virgin Islands.The acquisition also includes close to 85,000 pre-paid mobile subscribers, confirmed LLA in a statement.LLA will pay $255 million for the assets, to be paid across four installments,...

September 07, 2024

Puerto Rico

1547 CSR and Harrison Street acquire carrier hotel in Indiana

Fifteenfortyseven Critical Systems Realty (1547) and Harrison Street announced the acquisition of the Global Access Point Union Station data center located in Northern Indiana. This facility offers access to more than 20 telecommunication network service providers, totaling 75,000 sq ft (6,9...

September 06, 2024

Indiana

Duos launches first Edge data center in Texas

Duos Technology, a company specializing in machine vision and AI to analyze fast-moving objects including trains, this week announced the launch of its first Edge data center at the Region 16 Education Service Center in Amarillo. Doug Recker, president of Duos Edge AI said Amarillo is a loca...

September 06, 2024

Texas

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

euNetworks closes €2.1 billion equity recapitalization

Fiber firm euNetworks has closed on a €2.1 billion equity recapitalization led by a Stonepeak-managed vehicle anchored by Mercer and Aware Super. This funding received direct investments from the Investment Management Corporation of Ontario (IMCO) and APG Asset Management. In a statement, euNe...

August 31, 2024

Canada

Tract announces new gigawatt-scale data center park in Phoenix, Arizona

Tract, a developer of master-planned data center parks, this week announced its acquisition of a 2,069-acre land parcel in the Buckeye area of Maricopa County. This park could potentially see up to 20 million square feet of data center space developed across as many as 40 individual data cente...

August 31, 2024

Arizona

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