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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
United States
Poolside Partners with CoreWeave on 2GW Data Center in TexasAI startup Poolside is teaming up with CoreWeave for the development of a 2GW data center in West Texas, dubbed Project Horizon as both companies aim to ensure immediate access to next-generation silicon.Galaxy Digital Secures $460 Mi...
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Cologix
US data center firm Cologix this week announced its acquisition of DataHiveOne, Calgary’s primary carrier hotel, as well as most of DataHive’s colocation and interconnection assets. The move marks Cologix's first move into Calgary."This acquisition is a pivotal step in our continued investment...
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United States
Real estate investment firm BentallGreenOak (BGO) this week announced the successful close of its data center co-investment fundraise, totaling approximately $260m, which was established in connection with its US Industrial Strategies I fund.BGO said it is now in the advanced stages of securin...
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Kyndryl
AI chip startup Groq has partnered with IBM to provide agentic AI capabilities via GroqCloud on IBM watsonx Orchestrate. Under the terms of the agreement, the partners will also integrate Red Hat’s open source vLLM technology with Groq’s LPU chips, with plans to support IBM Granite models on G...
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Canada
The Government of British Columbia in Canada will limit the state’s data center energy usage and ban new cryptomining projects. The government stated that it would introduce legislation and regulations to “address unprecedented demand for electricity and ensure that BC and Canadian economic in...
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United States
QumulusAI has secured a $500 million blockchain-backed facility to fund its AI compute infrastructure buildout. The debt funding will enable QumulusAI to borrow stablecoins against up to 70 percent of its approved GPU deployments, enabling faster access to capital."This partnership represents ...
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Colt Data Centre Services
Data center operator Colt DCS and APAC real estate firm ESR have formed a joint venture to develop the first phase of a 130MW hyperscale data center site in Minoh City, Osaka, Japan. The first phase, comprising 65MW, will be designed and built by the JV and operated by Colt.Niclas Sanfridsson,...
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Texas
Social media giant Meta this week announced work had started on the 1GW site, the company’s 29th data center. Some $1.5 billion is set to be invested in the first phase of development. The site has been designed to support “both the traditional servers of today and future generations of AI-ena...
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Alibaba Cloud
Alibaba Cloud has launched a second data center in Dubai, a part of the company's global expansion plans, for which Alibaba has committed to spending $53bn on cloud and AI infrastructure.Eric Wan, VP of Alibaba Cloud International and general manager of the Middle East, Turkey, and Middle Asia...
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Bridge Data Centres
APAC data center developer Bridge Data Centres (BDC) has signed an industrial water purchase agreement with Thai utility Eastwater Stecon Utilities Co (EWS) for ‘sustainable’ water supply for its under-construction hyperscale data center campus in Chonburi Province, Thailand.Eric Fan, CEO, Bri...
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United States
US fuel cell developer Bloom Energy has signed a $5 billion AI infrastructure partnership with global investment firm Brookfield, which will see an investment of up to $5bn to support the deployment of Bloom’s Solid Oxide Fuel Cell (SOFC) technology in AI data centers worldwide.KR Sridhar, fou...
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United States
US quantum computing firm IonQ has announced plans to raise $2 billion through an equity offering. The company will sell 16.5 million shares at $93 each to an entity managed by investor Heights Capital Management.“This investment provides an opportunity for the IonQ team to continue to grow an...
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Principal Asset Management
Principal Asset Management this week announced the sale of a 15.2MW, 185,000 sq ft (17,185 sqm) single-story data center in Alpharetta, Fulton County.The data center, located on 39 acres at 4905 North Point Parkway, was originally built for a telecommunications technology company in 2009, with...
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Australia
Australian AI cloud firm Firmus is planning expansion across Australia in partnering with local operator CDC Data Centres. The company said the partnership could extend its capacity to 1.6GW under an initiative known as Project Southgate. As well as the existing project in Tasmania, deployment...
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Vantage Data Centers
Data center operator Vantage this week announced plans for MXP2, expanding its footprint in Lombardy. The €350 million ($407m) campus, located in Castelletto some 15 kilometers from central Milan, will feature two three-story data center buildings delivering a combined 32MW of critical IT capa...
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Ohio
US power marketer Gridmatic has expanded into Ohio, with the launch of its Gridmatic Retail product in the state which will offer both standard and advanced energy contracts to a range of commercial and individual customers, including data centers and other consumers with flexible loads.“We’re...
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France
Cellnex, through its wholly owned subsidiary Cellnex France, this week announced it has entered into a put option agreement with Vauban Infra Fibre (VIF) to sell 99.99 percent of Towerlink France, the entity responsible for the group’s main data center operations in France.“We remain committed...
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Verne Global
Nordic data center firm Verne this week announced it has sold the Finnish operations, including facilities in Pori and Tampere, to Nordic cloud firm Glesys. “We’re pleased to welcome a talented team and a strong customer base through this agreement with Verne. It expands our data center footpr...
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United Kingdom
Apple has expanded its renewable energy portfolio across Europe, adding more than 650MW of new renewable capacity. The projects include several large-scale solar and wind projects across Greece, Italy, Latvia, Poland, and Romania.“By 2030, we want our users to know that all the energy it takes...
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Oracle
Texas gas solutions provider VoltaGrid plans to supply Oracle with 2.3GW of natural gas capacity to support the energy demands of the cloud provider's artificial intelligence data centers to be supplied through Energy Transfer’s midstream pipeline network. “AI workloads are uniquely power-inte...
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