Data Center News

Keel Infrastructure Obtains $458 Million Funding for AI Data Center Buildout

Digital and energy infrastructure provider Keel Infrastructure has completed a $458 million convertible senior notes offering, allocating part of the proceeds toward its data center developments. The offering, consisting of 1.250% convertible senior notes due 2032, closed on June 9. Initial purch...

June 11, 2026

Keel Infrastructure

BW digital & Telin partner up on a portion of Hawaiki Nui subsea system

BW Digital and PT Telekomunikasi Indonesia International (Telin) have signed a memorandum of understanding in Washington DC this week to team up on constructing the 10,000km Hawaiki Nui 1 cable, which will be part of the wider 26,000km system. The Hawaiki Nui 1 cable will link Australia, Indon...

May 16, 2024

Washington

Armada raises funds for data center modules

Washington-based Edge computing firm Armada has announced that it recently raised $55 million for its Edge computing modules and management platform. The funds was raised from investors including Founders Fund, Lux Capital, Shield Capital, and 8090 Industries, with participation from Felicis, ...

December 16, 2023

Washington

Palisade Infrastructure acquires ISP Rainier Connect

Australian infrastructure investment firm Palisade Infrastructure this week completed the acquisition of 100 percent of the equity interests in Mashell, Ranier's parent company. Following this acquisition, Rainier Connect has been rebranded as Lightcurve with immediate effect. Mike Reynolds, m...

November 11, 2023

Washington

Washington House Bill 1416 signed into law to regulate emissions tied to crypto mining and data centers

In Washington, House Bill 1416, a Bill set on regulating carbon emissions tied to crypto mining and data centers has been signed into law. Signed by Gov. Jay Inslee on May 3, the legislation closed a loophole in the previously passed Clean Energy Transformation Act, which enabled crypto mining...

May 09, 2023

Washington

Underwater data center off the US west coast could be operational by end of 2022

According to reports, the first commercial underwater data center off the US west coast could be operational by the end of 2022. Named the "Jules Verne Pod" and created by Subsea Cloud, the 20ft pod will reportedly have space for 16 datacenter racks, accommodate 800 servers, scalable to 100,...

September 07, 2022

Washington

Washington State Wants To Make Tax Exemptions For Data Center Development

Washington is looking to increase data center development in the state by passing some data center tax exemption bills. The HB 1846 bill, which was introduced by Democrats Alex Ramel and April Berg, would introduce tax exemptions on data center facilities developed in rural counties. The bill ...

March 14, 2022

Washington

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