February 14, 2024 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 property...
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February 09, 2024 Singapore
Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to...
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December 22, 2023 Singapore
Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Agency...
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December 14, 2023 Singapore
Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, wind,...
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November 20, 2023 San Francisco Bay Area
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...
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November 19, 2023 San Francisco Bay Area
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 technology...
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November 02, 2023 Sacramento
X, the social media company formerly known as Twitter, claims to have saved $100 million annually after exiting its Sacramento data center via a post on the platform. X further claimed to have saved a significant amount by repatriating some of its workloads to on-prem data centers. The company...
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October 11, 2023 Singapore
Singaporean large language model provider 6Estates recently launched an Nvidia DGX BasePOD based on Nvidia GCX H100 systems to develop its AI offerings. The company will use this BasePOD for its "Model Solutions" offering, which provides users with personalized large language models. The cluster...
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September 30, 2023 San Diego
Kneron, a startup developing chips for AI inferencing, has raised $49 million from investors to scale up its hardware-developing efforts. Investors, including Foxconn HH-CTBC Partnership (Foxconn Co-GP Fund) and Alltek, made this additional investment, bringing the total Series B financing to...
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September 14, 2023 Detroit
A data center outside of Detroit, Michigan, is available for purchase. Lee & Associates, a real estate agency, has listed 21420 Melrose in Southfield, Oakland County, as available. The 1986-built, 15,956-square-foot property is available for $1.34m. “This building is extremely well maintained...
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August 08, 2023 San Francisco Bay Area
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...
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August 03, 2023 Hong Kong
ESR has secured a Sustainability-Linked Loan (SLL) to develop a data center in Hong Kong, it has announced. It has closed the first SLL in Hong Kong, worth HK$1.6 billion (US$205m), which will be used to convert a building in Kwai Chung into the 21.3MW ESR Kwai Chung Data Centre HK1.The company...
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July 24, 2023 Singapore
The sovereign wealth fund GIC of Singapore is soliciting funds for a data center outside Seoul, South Korea. According to Business Korea, institutional investors, such as GIC, are working with indigenous institutional investors, securities companies, and asset management firms to build a data...
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July 14, 2023 Singapore
As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to be...
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July 12, 2023 Singapore
In Bitdeer Technologies Group's latest operations update, it shared details about its upcoming expansion. Linghui Kong, Chief Executive Officer of Bitdeer, noted that its 100MW Gedu mining data center in Bhutan, for example, is almost complete and is expected to be delivered in July. Further to...
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July 07, 2023 Philadelphia
Wells Fargo has announced that it is exiting its lease at the Philadelphia Plaza building at 101 N. Independence Mall, leaving its office and data center and relocating to offices in Two Logan Square and Commerce Square.According to the company, no layoffs are set to take place, and there will be...
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July 04, 2023 Atlanta
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 permit...
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June 13, 2023 Sacramento
Twitter formerly used the Sacramento site of NTT Global Data Centers, but now it is home to Musk's electric car company. Twitter departed the data center in late 2022, with the CEO disparaging the area. Tesla will now occupy the space as well as extra square footage. The data center will likely...
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June 09, 2023 Singapore
Singapore has introduced a standard for maximizing the energy efficacy of data centers (DCs) in tropical regions. The Infocomm Media Development Authority (IMDA) standard recommends operating centers at higher temperatures to save energy on cooling. Dr. Janil Puthucheary, Singapore's Senior...
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May 26, 2023 Mapletree Redwood Data Centre Trust
The acquisition of a data center in Osaka, Japan, signifies Mapletree Industrial Trust's entrance into the Japanese data center market. This week, the manager of Mapletree Industrial Trust (MIT), Mapletree Industrial Trust Management Ltd., announced the purchase of a recently constructed data...
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