September 18, 2024 Canada
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, including...
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September 17, 2024 United States
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 generative...
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September 12, 2024 United States
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, reportedly...
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September 11, 2024 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...
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September 10, 2024 United States
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 technologies...
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September 07, 2024 Puerto Rico
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,...
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September 06, 2024 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 (6,965...
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September 06, 2024 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 location...
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September 01, 2024 Denver
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...
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August 31, 2024 Canada
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,...
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August 31, 2024 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 centers...
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August 31, 2024 Brazil / Brasil
Brazil’s Grupo ClickIP this week launched a new facility in Manaus is the capital and largest city of the Brazilian state of Amazonas and launched a new data center unit. The company said it invested more than R$20 million ($3.59m) in the project, reportedly the first of its kind in the area....
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August 31, 2024 United States
The US Department of Energy's advisory board has proposed ways to combat the growing challenge of AI data center power use and its impact on the grid. The board suggested building an AI data center for national labs, academia, and industry "to collaborate in development and assessment of...
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August 30, 2024 United States
Nvidia posted revenues of $30 billion in its latest earnings report, with its data center division continued to show significant growth, bringing in $26.3bn - an increase of 154 percent from the same period last year. Jensen Huang, founder and CEO of Nvidia said; “Hopper demand remains strong,...
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August 30, 2024 Venezuela
A huge power outage in Venezuela has brought a significant portion of the country offline and Minister of Communications and Information, Freddy Ñañez, claimed that the outage was due to intentional sabotage. A similar, smaller outage was blamed on saboteurs three days ago. "Live network data...
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August 28, 2024 United States
Meta this week announced a deal with startup Sage Geosystems to use the latter’s new proprietary Geopressured Geothermal System (GGS) to provide carbon-free power for its data centers. Meta did not specify where the geothermal projects would be located or which data centers would be powered via...
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August 28, 2024 California
IBM has announced two new AI-focused chips for its Z-systems mainframes at the Hot Chips 2024 event this week in California. The new Telum II chip which was designed to power IBM Z systems features increased frequency, memory capacity, a 40 percent growth in cache, and integrated AI accelerator...
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August 27, 2024 United States
Private equity firm and investor Warburg Pincus has acquired data center service company Service Express which provides third-party post-warranty data center maintenance services and managed services from Harvest Partners LP on August 15. Steve Fessler, partner at Harvest, said: "When we...
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August 27, 2024 Canada
Cryptomining firm Bitfarms has entered into a definitive partnership with Stronghold Digital Mining under which Bitfarms will acquire Stronghold in a stock-for-stock merger transaction. The deal is valued at approximately $125 million equity value plus the assumption of debt valued at...
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August 25, 2024 Canada
Avaio has signed a renewable energy deal with Quebec-based renewable energy firm, Sunbird Energy for its upcoming data center project outside Ottawa, Canada. The partnership integrates Sunbird’s renewable energy capabilities with ADP’s data center project in development in Gatineau, Quebec. “As a...
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