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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
With plans to remain at the forefront of AI innovation in Memphis, xAI has purchased a 1 million square feet site for a new data center in Memphis through an affiliate company CTC Properties.European data center firm Data4 is exploring the future of data centers in Europe and has signed a memo...
Read moreIrish quantum computing startup Equal1 has unveiled the world’s first silicon-based quantum server dubbed Bell-1. Equal1 says the server operates at 1,600W and slots “seamlessly” into existing data centers and high-performance computing (HPC) environments by plugging into standard electrical s...
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Cloud storage company Backblaze has selected Cologix's TOR3 data center in Toronto, Canada, to host its data sovereign storage services in the country. Backblaze said it will be able to provide cloud storage services to Canadian customers while meeting data sovereignty requirements with the ne...
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Accenture is buying construction consultancy Soben which specializes in developing data centers, as well as pharma and energy projects. for an undisclosed sum in order to boost its data center development expertise.“The market for capital projects and especially data centers is growing rapidly...
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Brookfield-owned energy developer X-Elio and the Net Zero Consortium for Buyers (NZCB) this week announced the signing of six virtual Power Purchase Agreements (vPPAs) for a combined total capacity of 172MW in the US. The consortium includes major companies such as Cisco Systems, Biogen, IDEXX...
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Microsoft Azure
Microsoft has agreed to purchase 1.5 million tons of carbon removal credits over the next 30 years from a large-scale afforestation project in India. The agreement was signed with Climate Impact Partners, a provider of carbon markets solutions, and Terra Natural Capital, a firm that offers cli...
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Cathedra Bitcoin, a Vancouver-based developer and operator of crypto mining and data center infrastructure, has announced the sale of a 60MW Bitcoin mining facility in North Dakota to an unnamed third-party Bitcoin miner for a fee of $21 million. The company intends to use the funds to “develo...
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Optical interconnect company Celestial AI has closed a $250 million Series C1 funding round which was led by Fidelity Management & Research Company and saw participation from existing investors AMD Ventures and Koch Disruptive Technologies, and new investors BlackRock, Maverick Silicon, an...
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The University of Virginia is looking to get a new data center which would be used for research purpose. If approved, the data center would have an initial 4MW of IT capacity and see $72 million of investment. This could be expanded to 16MW in the future.According to the university's vice pres...
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APAC-focused data center firm Princeton Digital Group (PDG) this week converted a $105 million loan into green financing for its 22MW JC2 data center campus in Jakarta, Indonesia. The conversion was arranged in collaboration with Green Loan Coordinators, PT Bank DBS Indonesia, and PT Bank UOB ...
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Telco Spark New Zealand has expanded its partnership with Hewlett Packard Enterprise (HPE). This new partnership will include the use of HPE's GreenLake cloud-to-Edge offering and Spark will be moving to a "variable model" for IT infrastructure by using the HPE GreenLake Cloud, a solution that...
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Israeli quantum computing firm QuamCore has secured $9 million in seed funding in a round led by Viola Ventures and Earth & Beyond Ventures. The company emerged from stealth this week and with a patented architecture it claims will enable the integration of one million qubits into a single...
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Beleaguered chipmaker Intel has appointed former director Lip-Bu Tan as its new CEO. Tan will take up his new role on March 18, and also rejoin the Intel board of directors.Intel named CFO David Zinsner and Intel Products CEO Michelle Johnston Holthaus as interim co-CEOs following Gelsinger’s ...
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Modular data center firm Ecoblox and chip designer Tenstorrent have signed an agreement to help expand their AI and high performance computing (HPC) offerings in the Middle East and Africa. Both companies will work together to bring AI and HPC compute capacity to the Middle East/Africa region,...
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Eaton this week announced it has signed an agreement to acquire Fibrebond Corporation, a designer and builder of pre-integrated modular power enclosures for data center, industrial, utility, and communications customers.“Fibrebond is known for its engineering capabilities and customer focus in...
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Digital Realty this week announced it would host a quantum system for SURF at the AMS17 facility in Amsterdam’s Science Park. The quantum computer will be deployed by SURF directly next to its existing national supercomputer, Snellius."We’re excited to partner with SURF to bring this pioneerin...
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OpenAI has agreed an $11.9 billion deal to buy services from CoreWeave, which will see it take an equity stake in the AI cloud provider. This deal comes just before CoreWeave’s stock market debut, which is expected to happen in the next few weeks via an IPO. It will see OpenAI receive CoreWeav...
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Virgin Media O2 has announced plans to invest £700 million ($904m) into its mobile network this year in an effort to improve its reliability, speed, and coverage across the UK. The investment will be used to plug gaps in the telco's coverage in the country as the carrier reports that traffic o...
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JLL has announced it has secured a landmark facilities management contract with Pure Data Centres for a data center in Abu Dhabi, UAE. The company said its offerings will comprise ongoing maintenance and support for Yas Island’s low-voltage and high-voltage electrical systems, including its UP...
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Managed hosting company Hyve has launched a new data center deployment in Frankfurt, Germany and has taken space in an Equinix data center. From there, Hyve will offer services including colocation, managed private cloud, managed enterprise cloud, hybrid and multi-cloud solutions, dedicated an...
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