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

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

New Jersey

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

Lightmatter officially becomes a unicorn

Photonic computing company Lightmatter has now been crowned a Unicorn, raising $155 million at a $1.2 billion valuation. This funding is part of the series C investment round, which helped the company raise $154 million in May, successfully tripling the company’s value at the time. Overall, Li...

December 19, 2023

Boston

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

OpenAI president Greg Brockman quits as the company fires CEO

OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company ...

November 20, 2023

San Francisco Bay Area

OpenAI co-founder Sam Altman fired from the company

OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technol...

November 19, 2023

San Francisco Bay Area

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

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

Data center design standards approved by Leesburg Town Council in Loudoun

Leesburg's Loudoun County Council unanimously approved data center design criteria. Unlike Ashburn, Virginia's Leesburg has no data centers; however, this may change. Three rezoning petitions may allow data center development in town. One is in the Oaklawn neighborhood, one close to the former...

August 16, 2023

Northern Virginia

Developers in San Jose, California, switch hotel plans for data center development

Plans for an entertainment district development in San Jose, California, have been scrapped and replaced with data center plans, it has been announced. Back in 2018, developer Terra Ventures had initially pitched for development known as 'Shops @ Terra'; this would have been an entertainment d...

August 08, 2023

San Francisco Bay Area

Edged Energy begins work on Atlanta data center

Construction on Edge Energy's Atlanta, Georgia data center is underway, with the company commencing work on July 1st. Located at Tilford Yard, the company bought the 158 acre-site back in July 2021; 70 acres will be dedicated to data center development. In January 2023, it filed a building per...

July 04, 2023

Atlanta

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

Prince William County locals want a data center developer to buy property outside Gainesville

Residents of Prince William County, Virginia, are attempting to sell their land to an unidentified data center developer. According to InsideNoVa, residents of Sanders Lane near Gainesville are attempting to sell their land to a data center developer. The residents appear to be attempting to r...

June 28, 2023

Northern Virginia

Phoenix Data center with 6 MW up for sale

A 6MW data facility is up for lease or purchase in Phoenix, Arizona. Located in the desirable Deer Valley neighborhood, CBRE has listed 20435 North 26th Avenue for sale or lease. There was no listed pricing. The 6MW facility was completed in 2003 and sits on 3.66 acres of land, with a raised f...

June 27, 2023

Phoenix

Virginia's Culpeper County Receive Permit Requests For Zoning of Two 4.46M Sq Ft Data Center Campuses

The Virginian county of Culpeper may soon see the construction of more than four million square feet of data centers. The Culpeper Town and County Councils have received rezoning requests that would enable the construction of approximately 17 buildings on two campuses on the town's border alon...

May 25, 2023

Northern Virginia

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

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