Data Center News

Read Hut 8 Raises $3.25bn to Fund AI Campus
Hut 8 Raises $3.25bn to Fund AI Campus

Hut 8 Raises $3.25bn to Fund AI Campus

April 29, 2026 Hut 8 Canada

Data center firm Hut 8 has announced plans to sell $3.25 billion in investment-grade bonds to fund the development of its 245MW River Bend campus in Louisiana. Located in West Feliciana Parish, the River Bend project is an AI-focused data center campus that Hut 8 says could scale beyond 1GW of...

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Read Cryptominer Hive Digital acquires Toronto data center
Cryptominer Hive Digital acquires Toronto data center

Cryptominer Hive Digital acquires Toronto data center

June 25, 2025 Toronto

Crypto firm Hive Digital this week announced the signing of a purchase and sale agreement to acquire a facility with 7.2MW of installed capacity. Hive said the acquisition will support the development of a “sovereign Canadian AI ecosystem” through its wholly owned subsidiary, Buzz High...

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Read Loblaw former data center in Canada bought by Grain & StratCap
Loblaw former data center in Canada  bought by Grain & StratCap

Loblaw former data center in Canada bought by Grain & StratCap

June 22, 2023 Toronto

Grain Management and StratCap bought a data center on the Canadian outskirts of Toronto. This week, the firms announced the formation of a joint venture to purchase 55 Hereford Street in Brampton, Ontario. The terms of the transaction were not disclosed, but per the joint venture contract,...

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Read Serverspace Establish New Data Centers Around the World
Baxtel

Serverspace Establish New Data Centers Around the World

April 25, 2023 Toronto

Leading cloud provider Serverspace is pleased to announce the installation of hardware in an innovative data center in Toronto, Canada. With current facilities in five other nations, this facility represents Serverspace's sixth international location. The new data center's equipment is kept in a...

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Read Cloud at Work Opens New Data Center in Toronto
Baxtel

Cloud at Work Opens New Data Center in Toronto

June 15, 2022 Toronto

Cloud at Work has announced the launch of a new data center in Toronto, Canada. The move sees the company expand into the Canadian market as it already has two world-class data centers in the US. According to Cloud at Work, the new facility will ensure that its customers in Canada have access to...

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Read Intermarket seeks approval for 100,000 square feet data center in Canada
Baxtel

Intermarket seeks approval for 100,000 square feet data center in Canada

June 21, 2021 Toronto

Intermarket Properties wants to build a data center in Cambridge, Canada. According to Canada Construct Connect, the Company is seeking approval for a 100,000 square feet data center. The proposed data center site is a 40 acre Waterloo Corporate Campus with mixed-use redevelopment that consists...

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