DataVerge Data Center News

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

New York

InterServer selects 365 Data Centers for New Jersey expansion

Web hosting and managed service provider InterServer has selected 365 Data Centers as its colocation provider as it looks into expanding its offering in the New Jersey market. 365 has 20 data centers across the US, including multiple New Jersey locations such as Carlstadt and Bridgewater, enab...

January 09, 2025

Abdul-Rahman Oladimeji

New Jersey

CoreWeave to convert New Jersey lab building into data center

CoreWeave is expanding its data center footprint in New Jersey. According to local press, the company has signed a long-term lease with an Onyx Equities and Machine Investment Group partnership for the entirety of building 11 at The Northeast Science & Technology Center (NEST) in Kenilwort...

October 29, 2024

Abdul-Rahman Oladimeji

New Jersey

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

Abdul-Rahman Oladimeji

New York

Former Sungard data center is up for sale in New Jersey

Via RI Marketplace, Real estate firm Marcus & Millichap is offering 1008 Virgil Avenue in Ridgefield, a former Sungard data center field as up for sale via auction and bidding for this property is set to begin March 25, with $750,000 listed as a starting bid. The listing reads, “The proper...

February 14, 2024

Abdul-Rahman Oladimeji

New Jersey

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

Abdul-Rahman Oladimeji

New York

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

Niagara Falls data center debate

As reported by Baxtel at the end of June, Niagara Falls is being targeted as the site of a $1.5 billion technology and data center by New York City developer Howard Milstein and his partners, while the city launches a legal effort to create a new public park. While developers claim that the da...

July 11, 2022

New York

Greenidge gas powered cryptomining data center denied air permit renewal

It has been announced that New York's Department of Environmental Conservation (DEC) has denied an air permit renewal by Greenidge Generation, which could see its gas-powered Bitcoin mining data center close. This follows the Supreme Court of the United States (SCOTUS) ruling on West Virginia ...

July 05, 2022

New York

A $1.5 Billion Data Center in Niagara Falls is Being Planned

Urbacon and Niagara Falls Redevelopment (NFR) have announced plans for a $1.5 billion data center park on land in Niagara Falls, New York City. Urbacon is an Ontario-based construction company with an excellent track record of developing massive data center campuses in Richmond Hill, Montre...

June 29, 2022

Abdul-Rahman Oladimeji

New York

Bill passed to ban cryptomining data centers that use fossil fuel power plants

The New York Legislature has passed a landmark bill to ban cryptocurrency data centers that use fossil fuels to power their operations, in an effort to reduce statewide emissions by 85% by 2050. Specifically, the bill will impose a two-year moratorium on these activities, however, Governor Kat...

June 13, 2022

New York

Unoccupied Data Center in Hauppauge, NY, sells for $21m

An unoccupied data center in Hauppauge, New York, has been acquired for $21 million. According to Newsday, Link Logistics, a subsidiary of Blackstone, bought the property. Link Logistics plans to tear down the building and redevelop it as a Class A distribution center. The data center sits on ...

February 02, 2022

Abdul-Rahman Oladimeji

New York

ColocationGuard Expands Data Center Footprint Into Northern New Jersey

Sept 7, 2016 ColoGuard Enterprise Solutions, LLC, (ColocationGuard) has announced the acquisition of 10,000 sq ft of data center space in Jersey City at 111 Town Square Place (111 TSP). This latest step in the company’s expansion increases its total data center footprint to more than 60,000 sq ft...

September 07, 2016

Eric Advinci

DataVerge 111 Town Square Place

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