March 25, 2024 United States
Chiplet interconnect manufacturer Eliyan has closed a $60 million Series B funding round co-led by Samsung Catalyst Fund and Tiger Global Management and included participation from existing investors, including Intel Capital, SK Hynix, Cleveland Avenue, and Mesh Ventures. The funding round...
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March 22, 2024 Canada
Canadian telco Rogers Communications has blamed its recent outage on a fiber optic cable cut between Guelph and Brampton after a crash knocked down traffic lights and wires, which happened at Claire Rd W and Gordon St in Guelph. “Customers in parts of Guelph and surrounding areas may be...
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March 21, 2024 United States
Ericsson has launched an entity dedicated to delivering 5G services for multiple agencies in the US federal government. This is in its aim to support state and federal government entities to boost services and natural security, plus US defense modernization programs. “Connecting individuals,...
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March 21, 2024 United States
Schneider Electric and Mainspring Energy have partnered on a fuel-flexible microgrid solution using Schneider's EcoStruxure offering and Mainspring's Linear Generator. The Schneider Electric-Mainspring Microgrid Solution enables customers to power their self-contained electrical network and...
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March 21, 2024 United States
Foundry Technologies, a new cloud platform, launched this week with $80 million of funding gottenfrom a round led by Sequoia Capital and Lightspeed Venture Partner. They were joined by other investors including Microsoft's venture capital arm, Google chief scientist Jeff Dean, OpenAI’s Liam...
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March 19, 2024 United States
GPU designer Nvidia announced the computational lithography library this time last year, saying that contract chip manufacturers TSMC and ASML were testing it out, alongside chip design tools company Synopsys. Vivek Singh, Nvidia's VP of advanced technology, said, "A chip is made up of trillions...
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March 18, 2024 Canada
Exaion, an EDF Group subsidiary specializing in the development and operation of ‘eco-responsible digital services platforms,’ recently announced the opening of its data center in Sherbrooke, Canada. This facility called Bellevue, is located in the Humano District project, to which it will...
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March 18, 2024 Arizona
The US government is set to award Intel $8.5 billion in direct funding under the CHIPS and Science Act as confirmed by the Department of Commerce on Tuesday. Intel is also to get an additional $11bn in low-interest rate loans and a 25 percent investment tax credit on up to $100 billion of Intel’s...
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March 13, 2024 United States
Two US politicians have proposed a new spectrum pipeline legislation to restore the US Federal Communications Commission's (FCC) authority to hold spectrum auctions. This comes about a year after the US Senate allowed it to lapse for the first time ever. The proposal by senators Ted Cruz and John...
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March 13, 2024 United States
Arabsat and cloud and managed services company Anexia have signed a memorandum of understanding (MoU) for satellite-connected private cloud infrastructure. This new agreement will bring together satellite communications, private cloud services, and GPU technology services by combining their...
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March 11, 2024 United States
Iridium Communications, in its first ever acquisition has acquired Positioning Navigation and Timing (PNT) provider Satelles. The company revealed that it had entered into an agreement to acquire Satelles, Inc., a provider of satellite-based time and location services akin to GPS and other...
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March 11, 2024 United States
The Federal Communications Commission (FCC) has increased its benchmark for high-speed fixed broadband to download speeds of 100 megabits per second and upload speeds of 20 megabits per second. This fulfils a four-fold increase from the 25/3 Mbps benchmark set by the Commission in 2015 The...
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March 08, 2024 Colorado (CO)
Angeles Equity Partners-owned company Data Clean Corporation this week announced the acquisition of DP Guardian, Inc., a Colorado-based provider of critical environment cleaning services and installer of airflow containment systems for data centers. “Partnering with DP Guardian is a significant...
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March 08, 2024 Virginia
Thermal management company Modine plans to expand its existing factory in Rockbridge County, Virginia with a $18.1 million investment. This expansion will create 211 new jobs in Virginia. “Virginia is a world leader in the data center industry, and we are proud to contribute to the industry’s...
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March 05, 2024 United States
Shenandoah Telecommunications Company (Shentel) announced that it has agreed to sell its tower portfolio which consists of 226 portfolio sites to Vertical Bridge for $310.3 million after entering into a purchase and sale agreement with Vertical Bridge last week. Shentel’s President and CEO,...
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March 04, 2024 California
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-demand...
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March 01, 2024 Virginia
Town council officials in Leesburg, Virginia, announced this week that they have voted to approve a rezoning application that will allow data centers and additional industrial and research park uses on two parcels of vacant land to the south of Leesburg. Springfield East, LC, the applicant sought...
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February 27, 2024 Canada
Modine this week announced it had entered into a definitive agreement to acquire the Calgary, Alberta-based manufacturer of air handling units (AHU), Scott Springfield Manufacturing. Modine mentioned that it will gain ‘immediate access to a highly complementary product portfolio and a blue-chip...
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February 26, 2024 United States
US cloud hosting firm Summit has acquired managed services provider Deft. Deft co-founders and principals Jordan Lowe, Daniel Brosk, and Eric Dynowski will join the Summit leadership team and retain a “significant ownership stake” in the business. Other terms of this deal have not been shared....
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February 21, 2024 United States
GlobalFoundries has been awarded $1.5 billion by the US government under the CHIPS and Science Act to subsidize the company’s future semiconductor production capabilities. The company will also be receiving another $600 million from the state of New York over the next decade under its Green Chips...
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