Lumen Technologies 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

Abdul-Rahman Oladimeji

California

Oriole Networks raises £10 million in seed funding

University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to inc...

March 29, 2024

Abdul-Rahman Oladimeji

London

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

Abdul-Rahman Oladimeji

California

Segro to develop new data centers after £900 million share issue

Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said stron...

February 29, 2024

Abdul-Rahman Oladimeji

London

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

Abdul-Rahman Oladimeji

California

Expedient unveils new facility in Columbus, Ohio

Expedient this week announced that it has launched services from a data center in Columbus, Ohio, previously operated by an insurance firm and has added a former Nationwide data center near Columbus to its portfolio. This facility located at 281 E. Powell Road in Lewis Center township, the 102...

February 15, 2024

Abdul-Rahman Oladimeji

Ohio

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

New Jersey

Iris Energy and Poolside sign new partnership

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 ...

February 08, 2024

Abdul-Rahman Oladimeji

Texas

Lunar Digital begins upgrade of the Reynolds House data center

Lunar Digital began the planned multi-million-pound upgrade of the Reynolds House data center in Manchester, UK. The company started development works across all the data halls at the site, including full renovations of the C5 and C6 data halls to optimize power and cooling, the deployment of ...

January 19, 2024

Abdul-Rahman Oladimeji

Manchester

Edged Energy starts operations at Barcelona facility

Edged Energy has commenced operations at its facility in Barcelona, Spain, named ‘Merlin.” The company completed the construction of this facility with a critical load capacity of 16MW and uses 100 percent renewable energy in the fall of 2023. Bryant Farland, CEO of Edged Energy said, “We are ...

January 12, 2024

Abdul-Rahman Oladimeji

Barcelona

Swiss Life Asset Managers acquires major stake in Telecom Infrastructure Partners

Investment firm Swiss Life Asset Managers this week entered an agreement with London-based InfraBridge, an infrastructure investment management division of DigitalBridge Group, to acquire a co-controlling equity stake in Telecom Infrastructure Partners (TIP). Gianfranco Saladino, head of value...

January 10, 2024

Abdul-Rahman Oladimeji

London

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

Abdul-Rahman Oladimeji

California

New supercomputer inaugurated in Barcelona, Spain

The MareNostrum 5 supercomputer was recently inaugurated in Barcelona, Spain, hosted by the Barcelona Supercomputing Center. It cost roughly €151 million to acquire and maintain this supercomputer, a fee which was split evenly between the EU and a Spanish-led consortium which includes Portuga...

December 27, 2023

Abdul-Rahman Oladimeji

Barcelona

Axiom Space to launch orbital data center

Space infrastructure business Axiom Space has planned to develop an 'orbital data center.' The company is currently developing the world’s first commercial space station, which will initially be a part of the International Space Station, but is planned to separate and remain in orbit, once the...

December 21, 2023

Abdul-Rahman Oladimeji

Houston

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

California

Ohio firefighters killed in a tower maintenance accident

Concord-Green fire chief Ralph Stegbauer and fire captain Jeffery Skaggs have both passed away while carrying out tower maintenance outside their firehouse in Ohio. Both firefighters were working on the Fayette County, Ohio tower when the mechanical lift they were in overturned. This accident ...

November 29, 2023

Abdul-Rahman Oladimeji

Ohio

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

Abdul-Rahman Oladimeji

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

Abdul-Rahman Oladimeji

San Francisco Bay Area

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