Data Center News

Nucor Corporation launches data center infrastructure unit

Steelmaker Nucor Corporation this week announced that it has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and a data center supplier and launched a new business unit that will help better serve its customers in the data center infrastructure industry. Nucor said SWDP and the ...

April 02, 2024

California

Grop acquired Definitive Intelligence to support newly formed unit

AI chip startup Groq has acquired Definitive Intelligence for an undisclosed sum to support its newly formed GroqCloud unit, which Definitive Intelligence co-founder and CEO Sunny Madra will lead. GroqCloud is a cloud platform that provides Groq hardware documentation, code samples, and on-de...

March 04, 2024

California

Northwood Space founded by former disney actor raises over $6 million

Satellite ground station startup Northwood Space, a company led by a former Disney actor, has raised more than $6 million in seed funding. This company is led by Bridgit Mendler, an actress and singer who was once a regular on the Disney Channel. She launched this startup with her husband last...

February 21, 2024

California

Zededa raises $72 million in new funding round

California-based company Edge computing orchestration startup Zededa last week announced the closing of the Series C round, led by Smith Point Capital which was founded by former Salesforce Co-CEO Keith Block. The company raised $72 million in its latest funding round which will see the compan...

February 15, 2024

California

EQT Infrastructure partners with EdgeConneX to develop hyperscale facility

Investment firm EQT’s Infrastructure VI fund has invested in EdgeConneX to build and operate purpose-built data centers for hyperscale customers around the world, expanding the company into new markets. Terms of this investment were not shared. However, EQT noted that this investment by EQT In...

January 09, 2024

EdgeConneX

Intel announces layoff plans across its Californian campuses

Intel has announced its plans to lay off 311 employees across two Californian campuses. This marks the second round of job cuts carried out by the company in California this year. Two separate "worker adjustment and retraining notifications" (WARNs) filed with the State of California’s Employ...

December 27, 2023

California

Broadcom reduces VMware workforce by over 1200

Broadcom recently disclosed 1,267 layoffs for VMware employees at the Palo Alto, California, headquarters only a day after the layoff plans were announced. This also comes one week after Broadcom completed its acquisition of VMware. A letter from Jill Turner, Broadcom's vice president of hum...

November 30, 2023

California

Qualcomm to reduce workforce in California by December

A recent filing with the California Employment Development Department has revealed that Chip designer Qualcomm intends to cut its workforce significantly. The filing noted that Qualcomm is cutting 1,258 jobs in San Diego and Santa Clara, California, to reduce costs. The job cuts are to begin b...

October 18, 2023

California

EdgeConneX Gets $403.8Million to Develop its Jakarta Data Centers

EdgeConneX, a provider of Hyperscale Data Center Solutions, revealed a $ 403,8 million contract in Sustainability-Linked Senior Facilities to expedite its growth strategy and green initiatives for its Jakarta, Indonesia, data center footprint. This transaction, according to EdgeConneX, will in...

September 18, 2023

EdgeConneX

EdgeConneX secures $403.8m sustainability-linked financing for Indonesia data center

EdgeConneX has shared that it has secured $403.8 million in sustainability-linked financing (SLF). This loan is for its 120MW data center campus development in Jakarta, Indonesia.The deal leverages EdgeConneX's Sustainability Strategy and will reportedly use offshore US dollar borrowing. It re...

September 14, 2023

Indonesia

EdgeConneX to build 200MW Cyberjaya facility in Malaysia

EdgeConneX continues to grow its APAC operations by adding three facilities in Malaysia, located in and around Kuala Lumpur. Business Today and Edge Malaysia report that EdgeConneX signed a sales and purchase contract with Cyberview earlier this month to acquire a 12.14-hectare tract of land i...

September 11, 2023

EdgeConneX

EdgeConneX files to build a 1 million square foot data center facility in Mesa, Arizona

EdgeConneX plans to establish a new data center facility in Phoenix, Arizona, to expand its presence there. According to BizJournal, the company has applied for Mesa's administrative and design reviews to construct a multi-phased campus near Elliot Road and Loop 202. EdgeConneX wants to build ...

September 05, 2023

EdgeConneX

EdgeConneX contests the Dublin data center denial

EdgeConneX Ireland has appealed to An Bord Pleanála against South Dublin County Council's decision to deny its proposed data center. The company intended to construct two adjacent data centers on its Dublin Campus in Ballmakaily, Lucan, Dublin, on Newcastle Road. Two single-story data centers ...

August 22, 2023

EdgeConneX

EdgeConneX announces deployment of AWS Direct Connect in Phoenix data center

EdgeConneX has announced the deployment of AWS Direct Connect with both 10Gbps and 100Gbps capability at the Phoenix Edge Data Center (PHX01). The company shared that this will enable customers to establish direct edge cloud on-ramps. This, it shared, can reportedly reduce costs, improve oper...

July 19, 2023

EdgeConneX

EdgeConneX Increases the Size of Its Israeli Data Centers

The construction of a new facility in Rishon will allow EdgeConneX, an innovator in global Hyperlocal to Hyperscale Data Center Solutions, to increase its data center impact in Israel. The new data center will meet the region's growing demand from hyperscalers, cloud service providers, and bus...

April 25, 2023

EdgeConneX

StratCap Expands Data Center Portfolio with Acquisition of Two US Facilities

StratCap, a privately held investment firm, has acquired two data centers in the United States. The data centers, located in California and Missouri, were purchased for an undisclosed amount. StratCap acquired in Santa Clara, California, a purpose-built data center that is 100 percent leased t...

April 18, 2023

StratCap Data Centers

EdgeConneX secures $3.3 Billion in sustainability-linked financing

EdgeConneX has announced that it has successfully executed $3.3 billion in “innovative” sustainability-linked financing, which it said will enable the development of critical digital infrastructure to support customers' global data center requirements. For this, JGlobal awarded the company wi...

March 29, 2023

EdgeConneX

Honda’s hydrogen fuel cells to be used in data centers

Honda has announced that its old retired Clarity fuel cells will now be used for backup power at one of its data centers as part of a trial project. The company said that this aligns with its carbon neutrality goals, which it aims to reach by 2050, and promotes circular economy principles. The...

March 10, 2023

California

Old Fremont Materials Factory Planned For Massive Data Center

The developer Valley Oak Partners, located in San Jose, California, has proposed constructing a data center with a floor space of 490,000 square feet at the former location of the construction materials firm USG in Fremont, California. According to Valley Oak, the facility would serve as a ven...

March 02, 2023

California

Valley Oak proposes 90MW data center in California

Valley Oak is pursuing a new data center in Fremont, California, it has been announced, to 'serve as a place for clients to either relocate their data servers or expand their data capacity.' The company submitted an application for a 490,000 square-foot (45,520 sqm) data center on approximatel...

February 24, 2023

California

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