August 18, 2024 Texas
The US Department of Commerce has signed a memorandum of terms with Texas Instruments that could see the company awarded $1.6 billion in CHIPS and Science Act funding which would support Texas Instrument’s plans to invest $18bn in the construction of two fabs in Sherman, Texas, and one in Lehi,...
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July 19, 2024 Texas
AI firm Crusoe has revealed it has designed and engineered, and is building, a 200MW GPU-focused data center at the Lancium Clean Campus outside Abilene, Texas. This facility will include high-density data halls specially designed to enable AI workloads and optimized for direct-to-chip liquid...
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July 11, 2024 Texas
Cryptomining company Hut 8 has revealed that it will beexpanding its operations in Texas and has signed a power purchase agreement to procure 205MW of energy for a new data center to be built on an undisclosed greenfield site in West Texas.Asher Genoot, CEO of Hut 8, said: “This transaction...
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July 11, 2024 Sweden
Swedish Fiber and connectivity firm Hexatronic this week announced it has signed a letter of intent to acquire parts of Endor, a data center services unit owned by Icelandic company Sýn, in an acquisition which will bring Hexatronic a customer base across Iceland, Sweden, and Germany."The...
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June 04, 2024 Texas
DataNovaX, a new build-to-suit (BTS) data center provider, this week announced it is pitching Northern Texas as a potential hub for new facilities and is accepting clients at Pioneer Park in Wichita Falls.Ahmed Abdelghani, DataNovaX CEO, said: "This area offers a wealth of resources and business...
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June 04, 2024 Sweden
BT's new CEO Allison Kirkby this week called for the UK to improve its existing telecoms infrastructure. Kirkby, who joined the company earlier this year from Swedish telco Telia, also said that the Nordics is "way ahead" of the UK in telecoms infrastructure."What I would say is Scandinavia is...
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May 24, 2024 Texas
Data center operator Soluna has secured $30 million in funding from Spring Lane Capital to expand its data center in Texas. Soluna said the financing will accommodate approximately 12,700 Bitcoin mining rigs, each with a power consumption of around 3.5kW, totaling 48MW. Soluna has an existing...
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May 21, 2024 Texas
Ericsson this week revealed it will invest an additional $50 million to expand its four-year-old 5G Smart Factory in Lewisville, Texas, an investment which "will further accelerate local production to address the demand for 5G infrastructure made in the USA, compliant with the Build America Buy...
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April 15, 2024 Texas
Samsung Electronics has announced it will invest $40 billion to build a semiconductor cluster across a number of locations in Texas with a $6.4bn in direct funding under the US Chips and Science Act to support the development. The Taylor fabs are expected to be up and running by 2026 and Samsung...
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April 04, 2024 Sweden
Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milestone...
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March 26, 2024 Sweden
Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as...
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March 26, 2024 Sweden
Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...
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February 08, 2024 Texas
Iris Energy and AI startup Poolside have gotten into an agreement to give the latter cloud access to Nvidia GPUs. According to Iris Energy, the initial contract is three months, with a potential three month extension. Daniel Roberts, co-Founder and co-CEO of Iris Energy, said: “We are pleased to...
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November 17, 2023 Texas
Data Clean Corporation has acquired Texas-based critical environment cleaning company Sealco LLC, marking its second acquisition since it was bought by Angeles Equity Partners in November 2022. Frank Spelman, managing director at Angeles Equity Partners said, “Sealco is arguably one of the most...
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October 18, 2023 Sweden
Swedish telco Telia Company has named Patrik Hofbauer as its new president and CEO, bringing the company's search for a CEO since July to an end. The board of directors agreed with the decision to appoint Hofbauer, and he will be leaving his role as CEO of the gambling firm Svenska Spel to begin...
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October 09, 2023 Texas
Smith County, Texas is giving its data center at 200 E. Ferguson Street, Texas, the Smith County Annex a $2 million upgrade. This upgrade scheduled to begin on November 1, 2023, is expected to be completed by December 20, 2024. The mission for this upgrade is focused on enhancing the IT...
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September 11, 2023 Sweden
Karnfull Next, a Swedish nuclear corporation, has announced plans for a campus of small modular reactors (SMRs) on the Swedish coast that will power data centers. The company intends to construct the facility in Nykoping, on the Swedish east coast, where the nuclear software company Studsvik...
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August 24, 2023 Sweden
Genesis Digital Assets Limited (GDA) has established a crypto mining data center in northern Sweden. Located near the 417 MW Porjus hydroelectric power station, the current capacity of this facility is 8MW, but expansion is planned for the future. It was previously used as a 'traditional' data...
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August 03, 2023 Texas
Energy company Valero's office and data center space is up for sale in Texas. Williams & Co Real Estate has the Valero Credit Card Ops Center at 7201 Canyon Drive in Amarillo listed for sale with a Triple Net Lease (NNN) tenant. The price listed is $6,295,000. The 2003-built,...
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August 01, 2023 South Carolina
Genesis Digital Assets (GDA) has announced the opening of three new data centers in South Carolina's Western region. The company is one of the world's largest Bitcoin mining companies, and has 400 MW of capability spread across three continents. It reportedly accounts for about 2% of the Bitcoin...
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