Data Center News

Texas Instruments awarded $1.6bn in US CHIPS funding

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...

August 18, 2024

Texas

CyrusOne breaks ground on Frankfurt data center

CyrusOne has broken ground on a data center in Frankfurt, Germany known as FRA7. This data center , is currently being constructed on a 63,000 square meter plot at the Frankfurt Westside regeneration project managed by BEOS AG and Swiss Life Asset Managers and is set to consist of two three-st...

July 20, 2024

CyrusOne

Crusoe plans new AI data center in Texas

AI firm Crusoe has revealed it has designed and engineered, and is building, a 200MW GPU-focused data center at the Lancium Clean Campus outside Abilene, Texas. This facility will include high-density data halls specially designed to enable AI workloads and optimized for direct-to-chip liquid ...

July 19, 2024

Texas

CyrusOne secures $687.1m CMBS loan for data center development

CyrusOne this week announced it secured a $687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data center. This data center offers 90MW across 670,000 square feet of technical space and seven data halls and the site was upgraded to water-free chillers in 2020. Er...

July 18, 2024

CyrusOne

Hut 8 to expand in West Texas

Cryptomining company Hut 8 has revealed that it will beexpanding its operations in Texas and has signed a power purchase agreement to procure 205MW of energy for a new data center to be built on an undisclosed greenfield site in West Texas.Asher Genoot, CEO of Hut 8, said: “This transaction ex...

July 11, 2024

Texas

CyrusOne secures billion dollar credit facility for data center expansion

Data center firm CyrusOne this week announced the closing of a $7.9 billion Warehouse Credit Facility incremental to the $1.8 billion Revolving Credit Facility financing completed in May, providing the company with approximately $9.7 billion of additional debt capital raised.“The successful cl...

July 09, 2024

CyrusOne

DataNovaX pitches Northern Texas as a potential hub for new facilities

DataNovaX, a new build-to-suit (BTS) data center provider, this week announced it is pitching Northern Texas as a potential hub for new facilities and is accepting clients at Pioneer Park in Wichita Falls.Ahmed Abdelghani, DataNovaX CEO, said: "This area offers a wealth of resources and busine...

June 04, 2024

Texas

Soluna secures $30 million in funding for data center expansion

Data center operator Soluna has secured $30 million in funding from Spring Lane Capital to expand its data center in Texas. Soluna said the financing will accommodate approximately 12,700 Bitcoin mining rigs, each with a power consumption of around 3.5kW, totaling 48MW. Soluna has an existing ...

May 24, 2024

Texas

Ericsson to invest $50 million for data center expansion

Ericsson this week revealed it will invest an additional $50 million to expand its four-year-old 5G Smart Factory in Lewisville, Texas, an investment which "will further accelerate local production to address the demand for 5G infrastructure made in the USA, compliant with the Build America B...

May 21, 2024

Texas

CyrusOne closes $1.175 billion ABS offering

CyrusOne has closed its $1.175 billion Series 2024-2 and 2024-3 funding round, classified as a Secured Green Collateral Bond, and is the largest ABS issuance since 2021. Series 2024-2 is expected to mature in five years, while Series 2024-3 is expected to mature in seven.Eric Schwartz, CEO of ...

May 18, 2024

CyrusOne

Samsung plans investment in semiconductor cluster

Samsung Electronics has announced it will invest $40 billion to build a semiconductor cluster across a number of locations in Texas with a $6.4bn in direct funding under the US Chips and Science Act to support the development. The Taylor fabs are expected to be up and running by 2026 and Samsu...

April 15, 2024

Texas

Iris Energy and Poolside sign new partnership

Iris Energy and AI startup Poolside have gotten into an agreement to give the latter cloud access to Nvidia GPUs. According to Iris Energy, the initial contract is three months, with a potential three month extension. Daniel Roberts, co-Founder and co-CEO of Iris Energy, said: “We are pleased ...

February 08, 2024

Texas

CyrusOne launches fifth data center in Frankfurt

CyrusOne has just launched its fifth data center in Frankfurt, FRA5 located in Hanau, 25km east of Frankfurt's city center. This new campus, spanning 18,000 square meters across two buildings will offer 54MW of IT capacity. The launch ceremony hosted by Carsten Schneider was attended by Lord ...

December 01, 2023

CyrusOne

Data Clean Corp acquires data center cleaning business Sealco

Data Clean Corporation has acquired Texas-based critical environment cleaning company Sealco LLC, marking its second acquisition since it was bought by Angeles Equity Partners in November 2022. Frank Spelman, managing director at Angeles Equity Partners said, “Sealco is arguably one of the mos...

November 17, 2023

Texas

CyrusOne completes its first data center in Spain

Colocation company CyrusOne recently completed the shell and core of its first data center in Spain and threw a traditional flag-flying ceremony to celebrate it. The MAD1 facility, situated on a five-acre site, is a two-story facility with an IT capacity of 18MW across 6,000 square meters. Thi...

November 16, 2023

CyrusOne

CyrusOne files to invest $15m in new San Antonio data center

Colocation company CyrusOne has filed with the Texas Department of Licensing and Regulation to build a new data center for the 'CyrusOne SAT 8 & 9' project in San Antonio, Texas. The application notes that the company intends to invest $15 million in building a two-story data center and of...

November 15, 2023

CyrusOne

Smith County data center to get $2million renovation

Smith County, Texas is giving its data center at 200 E. Ferguson Street, Texas, the Smith County Annex a $2 million upgrade. This upgrade scheduled to begin on November 1, 2023, is expected to be completed by December 20, 2024.The mission for this upgrade is focused on enhancing the IT infras...

October 09, 2023

Texas

CyrusOne proposes seventh data center in Frankfurt

CyrusOne is required to construct a new data center in Frankfurt, Germany. Last week, the company unveiled plans for its seventh data center facility in Frankfurt, designated FRA7 and situated on a 678,125-square-foot plot in the Frankfurt Westside business park. The development will include t...

September 08, 2023

CyrusOne

CyrusOne launches new AI-specific built-to-suit data center design

CyrusOne has announced the launch of an AI-specific built-to-suit data center design, which it says has been developed specifically to address the “rapidly growing needs of AI applications and services.”The company notes that the Intelliscale data center is built on an ultra-high-density found...

August 30, 2023

CyrusOne

CyrusOne requests approval for a Dublin data center

CyrusOne has applied to the South Dublin County Council for permission to construct a new data center in the Grange Castle Business Park in the Irish capital. The application, submitted on July 14, calls for the demolition of a one-story home called "Erganagh" and the erection of a three-story...

August 23, 2023

CyrusOne

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