March 17, 2023 STACK INFRASTRUCTURE
Stack Infrastructure has signed up for the Swiss Winter Reserve Plan, through which it will provide its supplemental power capacity to the Swiss energy reserve, in line with the Federal Council's ordinance. The ordinance includes measures to prevent winter power shortages and will run until...
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March 17, 2023 STACK INFRASTRUCTURE
The data center company Stack has completed its most recent structured debt fundraising round. The company revealed the sale of $250 million in securitized notes last week. The price of the notes is a 5.900 percent fixed rate coupon. The firm said it has now raised $2.1 billion in notes through...
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March 15, 2023 Meta
After letting go of around 11,000 workers in the latter part of last year, Meta aims to let go of about 10,000 individuals. As part of CEO Mark Zuckerberg's 'Year of Efficiency' appeal to investors to improve a falling share price, the corporation will also eliminate 5,000 unfilled...
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March 13, 2023 Meta
Meta's job cuts continue, with the announcement last week that the giant is driving forward with its so-called "year of efficiency." CEO Mark Zuckerberg first announced massive cuts back in November; now, thousands more are set to be laid off. According to experts, while the first...
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March 09, 2023 Microsoft Azure
Microsoft has announced its plans to invest $175.9 million in a massive new data center in San Antonio. Named “SAT40,” the facility was recently filed with the Texas Department of Licensing and Regulation. According to the filing, the facility will be based at Lambda Drive in the Texas Research...
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March 09, 2023 Vantage Data Centers
Inquiries are being made by DigitalBridge Group about selling a small portion of Vantage Data Centers. The CEO of DigitalBridge, Marc Ganzi, stated on the company's most recent quarterly results call that it wanted to raise more money while also focusing on the deconsolidation more of its...
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March 08, 2023 STACK INFRASTRUCTURE
Stack Infrastructure plans to seek $250 million for data center expansion. The Stack Infrastructure Issuer will provide the funding, 2023-1, through the securitization of income connected to lease obligations and electrical capacity at 8 wholesale data centers in seven U.S. states. S&P Global...
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February 26, 2023 Microsoft Azure
Microsoft wants to duplicate a Dublin data center battery-sharing agreement. In 2022, Eaton unveiled a lithium-ion battery energy storage system (BESS) with grid-interactive UPS to exchange energy with the local grid. The corporation told a London conference that this technique was ideal for the...
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February 24, 2023 QTS Data Centers
Following speculation that QTS Realty Trust Inc. was the company seeking new development within Rocky Branch Creek Technology Park, and later confirmation, it looks like the company's Northland data center plans have now fallen through. The company was reportedly set to acquire the property...
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February 24, 2023 Meta
Meta has sold a property in Mesa, Arizona, to the developer of data centers, EdgeCore Internet Real Estate, for $1.2 million. The lot, situated at 3856 S. Everton Terrace and comprising approximately 15 acres of land, has been acquired by EdgeCore as part of its substantial investment in the...
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February 20, 2023 CyrusOne
CyrusOne is building a data center in Quincy, Washington. The corporation has a 45-acre block of land in the city of Washington State and has made it known that it intends to construct a campus there with built-to-suit buildings and a capacity of up to 96MW. The Columbia Basin Herald noted work...
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February 15, 2023 Google
Following the successful introduction of Arm server processors by Amazon Web Service, Google Cloud is preparing two Arm CPUs for its cloud service. Before launching the cloud service in 2025, the firm made a significant stride and will put them into trial operation this year. The cloud servers...
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February 14, 2023 Google
Uber Technologies wants to close its data center facilities after signing two significant cloud contracts. In two seven-year contracts, it will migrate over 95% of its IT to Google Cloud and Oracle from its own data centers. After 11 months of analysis, the taxi and delivery startup opted to use...
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February 09, 2023 QTS Data Centers
QTS may use a Diode Ventures data center in Kansas City, Missouri. In October, Diode signed two non-exclusive fiber easement with QTS Realty Trust Inc. to develop and maintain data transmission infrastructure at the site northeast of I-435 and Highway 169, according to BizJournal. Last year,...
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February 09, 2023 Google
Late on Wednesday, there was a Twitter outage that prevented users from Tweeting, following accounts, or sending direct messages. A notification stating that the "daily limit of tweets has been reached" was displayed to certain users. Elon Musk, the CEO and new owner, advised workers in...
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February 09, 2023 Microsoft Azure
Cooling equipment at a Microsoft data center went down due to a utility data center power spike, which resulted in an outage. Customers hosted in the South East Asia cloud area experienced a variety of problems as a result of the outage. According to Microsoft's status page, when cooling...
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February 08, 2023 Meta
In a cost-cutting effort, Meta claims to have rebuilt its data centers to be less expensive and quicker to build. Meta canceled or paused data centers worldwide and redesigned them for additional artificial intelligence demands late last year. Facebook's Danish data center development and...
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February 07, 2023 Vantage Data Centers
Vantage Data Centers has filed for a Loudoun County campus near Ashburn. Vantage applied for federal and state approvals for its VA3 data center facility with the US Army Corps of Engineers district commander. Vantage plans to build a "large-scale data center complex" on 134 acres west...
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February 07, 2023 Microsoft Azure
Microsoft will construct a new Azure cloud region and data center in Saudi Arabia. This week, the company revealed plans to build a new cloud data facility in Saudi Arabia. The news was made at the Riyadh conference LEAP 2023. Microsoft stated that the new cloud region will provide...
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January 31, 2023 Microsoft Azure
Microsoft has announced that it is expanding in Iowa, following the issuing of a permit, valued at $255 million for a data center at 5855 SW Kerry St. As per the permit, the facility will span 250,000 sq ft. Described as the DSM 12 Buildout and located in West Des Moines, the SW Kerry Street site...
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