Data Center News

Cannabis Company Wants to Turn Former Golf Course in New York into Data Center

A cannabis firm is exploring plans to redevelop a former golf course in New York into a data center campus. OTC-listed Weed Inc. said it aims to repurpose its subsidiary’s 44-acre Sugar Hill Golf Course site in Chautauqua County, near Lake Erie, though full project details have not been disclo...

April 02, 2026

New York

Micron to Break Ground on New York Megafab Campus Next Week

Memory chipmaker Micron will break ground on a $100 billion semiconductor fab campus in Onondaga County, New York, on January 16. Consisting of four fabs when fully built, the so-called megafab is expected to be complete by Q3 2041 and will be the largest semiconductor facility in the US.In a ...

January 08, 2026

New York

Token Cat and Better Now Plan Data Center in New York

Chinese tech firm Token Cat and US-based Better Now have announced that they will collaborate to develop and operate an artificial intelligence data center in New York. The project will see a multi-phase roll-out to build a 30MW data center, with the company already having secured access to 12...

December 30, 2025

New York

TeraWulf to Lease New York Site to Fluidstack

Cryptomine and HPC data center firm TeraWulf this week announced two 10-year high-performance computing (HPC) colocation agreements with Fluidstack. TeraWulf will deliver more than 200MW of critical IT load (~250MW of gross capacity) at its Lake Mariner data center campus in New York. The deal...

August 14, 2025

New York

Chiplet startup Baya Systems raises $36m in Series B funding round

Chiplet technology startup Baya Systems has raised more than $36 million in a Series B funding round led by Maverick Silicon and backed by a strategic investment from Synopsys. It also saw participation from current investors, including Matrix Partners and Intel Capital.Growing AI workloads ar...

January 25, 2025

New York

Novacap closes first digital infrastructure fund

North American investment firm Novacap this week announced the final closing of Novacap Digital Infrastructure Fund I, the firm's first fund dedicated entirely to investing in digital infrastructure. The firm has also named its recently announced data center joint venture with H5, HyScale Data...

January 24, 2025

New York

GlobalFoundries to build an Advanced Packaging and Photonics Center in New York

GlobalFoundries (GF) has announced plans to build an Advanced Packaging and Photonics Center in the state of New York, USA, described as the center as “the first of its kind.” The company said the new facility would allow semiconductors to be “securely manufactured, processed, packaged, and te...

January 22, 2025

New York

Metrobloks raises $5.2 million in funding round

Metrobloks, a new data center startup focused on metro projects this week announced an oversubscribed $5.2 million seed round led by Current Equity Partners with the backing of Serena Capital. The company noted that it designs, deploys, and operates modular and scalable data centers in underse...

June 27, 2024

New York

DataBank raises capital for new data centers

DataBank has raised $533 million of capital to build new data centers through debt and equity. This brings the total funds raised by the company this year to $1.6 billion, with $715 million of secured notes issued in February and a $350 million credit facility announced later in March. DataBa...

November 29, 2023

DataBank

DataBank plans 192MW data center facility in Virginia

DataBank announced it has acquired 85 acres of land in Culpeper, Virginia, to construct a new data center campus, which will host up to three two-story data centers offering 1.4 million square feet of space. The new facility will use DataBank’s recently announced Universal Data Hall Design (UD...

November 16, 2023

DataBank

DataBank purchases new parcel in Atlanta, Georgia, for DC campus

US colocation provider DataBank recently purchased 95 acres of land near Lithia Springs within a mile of the 18 acres where it is already building its ATL4 facility in Atlanta, Georgia. The newly acquired parcel can accommodate two multi-story data centers totaling 1 million gross square feet....

November 01, 2023

DataBank

Quantum computing firm D-Wave faces delisting from NYSE again

Quantum computing firm D-Wave is facing delisting from the New York Stock Exchange over its low stock price for the second time this year. The company announced this week that it received a notice from the NYSE that it is not in compliance with listing requirements as the average closing price...

October 26, 2023

New York

DigitalBridge completes DataBank recapitalization

DigitalBridge Group recently revealed the completion of DataBank's recapitalization. The Group announced that DigitalBridge received an additional funding of $219 million, bringing the total costs of the recapitalization to $2.2 billion. This completed recapitalization will bring about a separ...

September 22, 2023

DataBank

DataBank completes seven data center expansion initiatives in the United States

DataBank has finished seven expansion initiatives throughout the United States. Over the weekend, the company announced the conclusion of seven data center projects in Dallas, Las Vegas, San Diego, Irvine, and Kansas City, in addition to two in Atlanta. In the past year, seven facilities have ...

August 21, 2023

DataBank

Circularity controversy: Bitcoin operations heats bathhouse in Brooklyn

In New York City, Brooklyn, a bathhouse and spa named Bathhouse has shared that it is now heating its pools with mining, with the water from the pool, then going on to cool the hardware. The bathhouse and spa also Bitcoin payments. The company shared the news in an Instagram post: "Enjoy a hot...

July 03, 2023

New York

AT&T inks 15.6MW solar deal in New York

AT&T has announced its plans to procure solar energy from five projects in Upstate New York from DSD Renewables (DSD). The deal will see AT&T serve as an anchor tenant subscriber for a five-project community solar portfolio; the company will offtake 15.5MW of the larger 24.1MW portfoli...

May 17, 2023

New York

DataBank Begins Construction of a New Data Facility in Atlanta, Georgia

DataBank has begun constructing a new data center in Atlanta, Georgia, and has completed an expansion in San Diego, California.The US-based business announced the start of construction on its ATL4 data center in Atlanta last week. The colocation facility, located at 200 Selig Drive, will incl...

May 04, 2023

DataBank

DataBank to expand one of its Seattle, Washington facilities

DataBank has announced it is expanding one of its Seattle, Washington facilities. The company plans to increase the floor space to 27,900 square feet (2,590 sqm) and up the available critical IT power to 3MW.“We decided to expand our footprint in the Seattle area based on how fast its digital...

April 18, 2023

DataBank

DataBank Obtains Credit Facility of $325 Million

To help support its development aspirations, US colocation provider DataBank has obtained a new $325 million credit line. The facility, led by TD Securities, consists of a $50 million conventional credit line, a $125 million deferred draw term loan, and a $175 million five-year term loan. The ...

April 07, 2023

DataBank

DataBank Secures $715m For Data Center Development

DataBank is collecting $715 million on the market for asset-backed securities (ABS) to develop its data center infrastructure. Kroll Bond Rating Agency has disclosed in a pre-sale report information on the financing. The deal's issuer and co-issuer are represented by DataBank Issuer, LLC and D...

February 23, 2023

DataBank

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