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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August 25, 2024 United States
Nokia has partnered with Axiom Space to equip the company's next-generation spacesuits with advanced 4G/LTE communications to be used by astronauts on Axiom's Artemis III lunar mission. This partnership will see the two companies incorporate high-speed cellular-network capabilities in the Axiom...
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August 25, 2024 Indiana
Meta has signed a long-term Environmental Attributes Purchase Agreement with Arevon Energy, a renewable energy developer, owner, and operator for its Heirloom Solar Project in Pike County, Indiana. “Arevon is proud to once again partner with Meta and contribute to their sustainability goal of...
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August 23, 2024 Northern Virginia
A report from Synergy Research Group found that just twenty state or metro markets account for 62 percent of the world’s current hyperscale data center capacity. Northern Virginia tops this list while the Greater Beijing Area takes the second place, with both making up 22 percent of global...
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August 23, 2024 United States
A portfolio of eight switch and data center sites in the US are up for sale. The sites are located in eight cities across seven states, totaling 379,000 square feet (35,210 sqm) spread across 26 acres. The facilities are located in Lexington, Kentucky; Texarkana and Sugar Land, Texas; Colorado...
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August 20, 2024 United States
Swiss company Apheros this week raised $1.85 million in a funding round led by venture capital firm Founderful to help commercialize its metal foam product. The foam is meant to cover the chip, which helps dissipate the heat generated during use through its large surface area. The company noted...
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August 18, 2024 Texas
Taylor City Council last week granted unanimous approval to give Austin-based Blueprint Projects tax breaks on a proposed data center project in the city of Taylor. The company plans to use land owned by the Taylor Economic Development Corp. at 1601 Martin Luther King Jr. Drive in Williamson...
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August 18, 2024 Texas
The US Department of Commerce has signed a memorandum of terms with Texas Instruments that could see the company awarded $1.6 billion in CHIPS and Science Act funding which would support Texas Instrument’s plans to invest $18bn in the construction of two fabs in Sherman, Texas, and one in Lehi,...
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August 18, 2024 Pennsylvania
Independent power firm Talen Energy is looking to pivot away from crypto mining operations to supply power to data center developers instead and has confirmed its plans to sell its stake in the Bitcoin mining center located at its Pennsylvania nuclear power plant. The company first announced its...
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August 18, 2024 North Carolina
Sodium-ion battery manufacturer Natron Energy plans to spend $1.4 billion on a 1.2 million square foot (111,500 sqm) facility, at the Kingsboro CSX Select Megasite which is expected to produce 24GW of batteries annually at full capacity and lead to 1,000 jobs. “Today is a momentous day for Natron...
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August 17, 2024 United States
Meta has signed a Power Purchase Agreement (PPA) to procure the output of two solar farms in the US, currently in development in Louisiana and Illinois. Construction is underway at RWE’s 274MWac County Run Solar in Illinois and 100MWac Lafitte Solar in Louisiana, both are due to go live in late...
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August 16, 2024 Missouri
US operator TierPoint this week announced that it has acquired a building in downtown St. Louis which it plans to retrofit into an enterprise-grade data center. ver the next year, the first phase of investment will build out 22,600 square feet of data center production space and 5MW of utility...
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August 15, 2024 Canada
Rowan owner Quinbrook Infrastructure Partners this week announced that Rowan Digital Infrastructure has secured a co-investment from University Pension Plan Ontario (UPP). The companies said UPP’s investment in Rowan will allow Quinbrook to “further advance its efforts” to provide solutions to...
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August 14, 2024 Ohio
Data center firm Edged Energy has officially announced plans for a new data center located at 6525 New Albany Road East, the 206,000 sq ft (19,140 sqm) facility will offer 24MW across two stories. Construction is underway and expected to be completed in July 2025. “We are on a mission to build...
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August 14, 2024 United States
Foundry has launched its GPU-based Foundry Cloud Platform for artificial intelligence (AI) workloads which it claims can reduce operational complexity and compute cost by up to six times. The company seeks to overcome the GPU shortage by turning to existing GPUs that it claims are "vastly...
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August 14, 2024 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 expand...
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August 11, 2024 Canada
Artificial intelligence (AI) cloud provider Consensus Core has selected Cologix's Montreal data center for its Canadian deployment where it will offer its Nvidia-powered GPU-as-a-Service to the Canadian market. Wayne Lloyd, co-founder and CEO of Consensus Core, said of the partnership with...
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August 11, 2024 United States
A report from real estate consulting firm JLL has predicted that the global Edge data center market will hit a valuation of $317 billion by 2026. The report notes that a surge in data-dependent technologies, including AI and the Internet of Things (IoT), will drive the market growth, which can be...
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