October 08, 2024 Pennsylvania
US independent power producer Talen Energy has acquired full ownership of Nautilus Cryptomine, a 200MW Bitcoin mining facility in Berwick, Pennsylvania, from TeraWulf. Talen acquired TeraWulf’s 25 percent interest in Nautilus and obtained full control of the legacy Power Purchase Agreement (PPA)...
Read more
September 20, 2024 California
RISC-V chipmaker SiFive has announced a new series of AI accelerators for high-performance workloads including its Intelligence XM Series which it claims is the first IP to include a scalable matrix engine, designed to accelerate time-to-market for semiconductor companies building system-on-chip...
Read more
August 28, 2024 California
IBM has announced two new AI-focused chips for its Z-systems mainframes at the Hot Chips 2024 event this week in California. The new Telum II chip which was designed to power IBM Z systems features increased frequency, memory capacity, a 40 percent growth in cache, and integrated AI accelerator...
Read more
August 18, 2024 Pennsylvania
Independent power firm Talen Energy is looking to pivot away from crypto mining operations to supply power to data center developers instead and has confirmed its plans to sell its stake in the Bitcoin mining center located at its Pennsylvania nuclear power plant. The company first announced its...
Read more
August 01, 2024 Pennsylvania
Recently formed colocation firm Alerify, Inc. announced this week that it will be acquiring the assets of the hosting and Internet services business of Elevated MSP which was built in 1981 and is owned by local real estate firm the Vartan Group. The two-story building totals 68,830 square feet...
Read more
July 20, 2024 California
Hyperscale networking firm Arrcus has raised $30 million in an investment round with investments from Nvidia and Hitachi Ventures amongst others. "We are thrilled to welcome Nvidia as our latest investor and look forward to building on our collaboration. Arrcus’ leading networking software...
Read more
June 26, 2024 California
The California Public Utilities Commission (CPUC) has voted to deny AT&T’s request to be released from its duties as Carrier of Last Resort (COLR) in the state, leaving the company legally obligated to provide its telephone services to anyone who asks."Despite AT&T’s contention that...
Read more
April 24, 2024 California
New cloud company Oxide is deploying its on-premise hardware at CoreSite’s data center in Silicon Valley. It also announced this week that it would ‘leverage colocation solutions’ at CoreSite's Silicon Valley SV2 data center. “The Oxide Cloud Computer empowers developers to build, run, and...
Read more
April 02, 2024 California
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...
Read more
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...
Read more
February 21, 2024 California
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...
Read more
February 15, 2024 California
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 company...
Read more
December 27, 2023 California
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...
Read more
November 30, 2023 California
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...
Read more
October 18, 2023 California
A recent filing with the California Employment Development Department has revealed that Chip designer Qualcomm intends to cut its workforce significantly. The filing noted that Qualcomm is cutting 1,258 jobs in San Diego and Santa Clara, California, to reduce costs. The job cuts are to begin by...
Read more
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...
Read more
May 29, 2023 Pennsylvania
The Career and Technical Center (CTC) at State College Area High School in Pennsylvania is undergoing a $2.6 million upgrade to bring the district's data center to the campus. The school administration approved the renovation on May 15. The CTC will be utilized for online education,...
Read more
April 18, 2023 California
StratCap, a privately held investment firm, has acquired two data centers in the United States. The data centers, located in California and Missouri, were purchased for an undisclosed amount. StratCap acquired in Santa Clara, California, a purpose-built data center that is 100 percent leased to a...
Read more
March 10, 2023 California
Honda has announced that its old retired Clarity fuel cells will now be used for backup power at one of its data centers as part of a trial project. The company said that this aligns with its carbon neutrality goals, which it aims to reach by 2050, and promotes circular economy principles. The...
Read more
March 07, 2023 Pennsylvania
Wesco has announced the launch of a data center group, namely Wesco Data Center Solutions. The company is set to be led by Rahi Systems founding member Tarun Raisoni, who will be senior vice president and general manager, following the recent acquisition of Rahi Systems Holdings.Speaking about...
Read moreTell us what you're looking for. We respond within one business day.
