May 14, 2026 Cloverleaf Infrastructure
Cloverleaf Infrastructure is proposing a 633-acre data center project, known as Project Open Sky, in Canadian County. The company has submitted an annexation petition and rezoning application to the City of Piedmont for a 633-acre site located between Azalea Road NW, Richland Road NW, and Moffat...
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May 06, 2026 Cerebras Systems
Wafer-scale chip company and cloud provider Cerebras has signed an agreement to lease 40MW of capacity at a Digi Power X data center in Columbiana, Alabama. The contract has an initial term of 10 years and is valued at $1.1 billion, with the potential to be extended to a total value of $2.5...
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April 30, 2026 ValorC3 Data Centers
Data center firm ValorC3 has secured new financing to support its expansion in Idaho. The company this week announced it has closed a credit facility with Apterra Infrastructure Capital, though the size of the financing was not disclosed. The funds will be used to continue construction of...
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March 24, 2026 Cerebras Systems
Cerebras is planning to develop a data center in Manitoba, Canada, DCD has learned. Earlier this month, the company announced it would be a tenant at a 300MW Bell Canada facility in Saskatchewan, where CoreWeave is also expected to lease capacity."Today, you might have noticed that we announced...
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December 11, 2025 Lumen Technologies
Lumen Technologies has appointed Jim Fowler as its executive vice president and chief technology and product officer. The new CTO is to succeed Dave Ward, who is leaving Lumen to become president and chief architect at Salesforce. Starting from January 6, Fowler will manage global technology and...
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January 23, 2025 ValorC3 Data Centers
US data center firm Tonaquint announced this week that it has rebranded to ValorC3 Data Centers, saying the move aligns with its focus to expand colocation, cloud, and connectivity services across the US.“Technology is advancing at lightning speed – and so are we,” said Jim Buie, CEO of ValorC3....
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January 20, 2025 TierPoint
Investment giant Apollo Global Management is acquiring Argo Infrastructure Partners in a deal that will add approximately $6 billion of assets to the Apollo infrastructure platform. Argo is the majority owner of US data center firm TierPoint, which operates around 40 facilities across 18 US...
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November 01, 2024 ValorC3 Data Centers
US data center firm Tonaquint has appointed Jim Buie as its new chief executive officer, replacing Matt Hamlin, who had led the company for more than 16 years. Buie has previously held leadership positions at Ark Data Centers (formerly Involta) as CEO, as well as roles at Flexential (formerly...
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April 15, 2024 Lumen Technologies
Lumen Technologies has secured a contract worth about $73.6 million from the US Government Accountability Office (GAO) under the General Services Administration's Enterprise Infrastructure Solutions (EIS) program. This multi-million dollar contract will see Lumen modernize network, data, voice,...
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November 10, 2023 Lumen Technologies
The US Defense Information Systems Agency has awarded Lumen Technologies a $110 million contract to provide mission-critical network services to the US Department of Defense (DoD). This contract has a timeline of five years, from November 30, 2023, through September 30, 2028. This contract is an...
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October 16, 2023 Lumen Technologies
Lumen announced that it’s Content Delivery Network (CDN) business will be shut down and it has sold its customer contracts to Akamai. Both companies will undergo a transition services agreement for 90 days before Lumen completes its shut down. "We are deep into our transformation of Lumen and...
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August 03, 2023 Lumen Technologies
In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization to...
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June 29, 2023 TierPoint
TierPoint seeks to raise $925 million by selling A-rated data center revenue notes from Kroll Bond Rating Agency. The exchange is TierPoint's first and is backed by 31 colocation data centers with approximately $397.2 million in annualized monthly frequent revenue and $198.3 million in yearly...
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November 07, 2022 Lumen Technologies
Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal is...
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August 05, 2022 TierPoint
TierPoint has announced that its St. Louis data center in Missouri, which was announced back in September 2021, is complete. The facility, spanning 23,000 sqft (2,100 sqm), is a Tier III-quality facility that offers 14,500 sq ft (1,350 sqm) of production or raised floor space. The facility saw an...
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March 02, 2022 TierPoint
TierPoint has announced that Argo Infrastructure Partners has invested $500 million into its business. The move sees Argo Infrastructure Partners become the largest single equity investor in the firm. TierPoint will use the net proceeds from the transaction to expand the company and provide...
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January 21, 2022 Lumen Technologies
Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...
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September 10, 2021 TierPoint
TierPoint has announced that it is expanding in Missouri by investing $20 million into building a 23,000 square feet Tier III data center in the St. Louis region. The data center firm already has three facilities in Missouri; two in St. Louis and one in Kansas City. TierPoint has also secured an...
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September 07, 2021 Lumen Technologies
Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed to...
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August 06, 2021 Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...
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