Data Center News

Cloverleaf Proposes 633-Acre Data Center Project in Canadian County

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 Moff...

May 14, 2026

Cloverleaf Infrastructure

Cerebras Secures 40MW at Digi Power X Alabama Facility

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 bi...

May 06, 2026

Cerebras Systems

ValorC3 Lands Financing for 10MW Boise Data Center

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 Valo...

April 30, 2026

ValorC3 Data Centers

Cerebras Eyes Data Center Project in Manitoba, Canada

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 announce...

March 24, 2026

Cerebras Systems

Lumen Appoints Jim Fowler as CTO

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 an...

December 11, 2025

Lumen Technologies

Tonaquint rebrands to 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 ValorC...

January 23, 2025

ValorC3 Data Centers

Apollo Global Management is acquiring Argo Infrastructure Partners.

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 m...

January 20, 2025

TierPoint

Former Involta CEO Jim Buie joins Tonaquint 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 ...

November 01, 2024

ValorC3 Data Centers

Lumen secures new contract from GAO

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...

April 15, 2024

Lumen Technologies

US Defense Information Systems Agency awards $110 million contract to Lumen

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...

November 10, 2023

Lumen Technologies

Lumen sells CND customers to Akamai as it shuts down the business

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 ...

October 16, 2023

Lumen Technologies

Lumen, a US telco, loses $8.74bn due to non-cash impairment

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 ...

August 03, 2023

Lumen Technologies

TierPoint aims to raise $925 million through securitized loans

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...

June 29, 2023

TierPoint

Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

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...

November 07, 2022

Lumen Technologies

TierPoint announces completion of new data center in St. Louis, Missouri

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...

August 05, 2022

TierPoint

Argo Infrastructure Partners Invests $500m in 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...

March 02, 2022

TierPoint

USDA awards Lumen with a $1.2 billion network services contract

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...

January 21, 2022

Lumen Technologies

TierPoint to build new data center in Missouri

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 secur...

September 10, 2021

TierPoint

Lumen pays $275,000 to DoJ for contacting former customers it divested

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...

September 07, 2021

Lumen Technologies

Lumen divests CenturyLink ILEC assets

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 incl...

August 06, 2021

Lumen Technologies

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