Data Center News

Microsoft has submitted plans to construct two data centers in San Jose, California

Microsoft Azure

Microsoft has applied to construct two data centers in San Jose, California. On August 17, the San Jose Council Planning Division will convene to discuss Microsoft's plans for a 65-acre site at 1657 Alviso-Milpitas Road. The company seeks permission to remove 79 trees to construct two single-s...

Texas-based Valero payments data center for sale

Texas

Energy company Valero's office and data center space is up for sale in Texas. Williams & Co Real Estate has the Valero Credit Card Ops Center at 7201 Canyon Drive in Amarillo listed for sale with a Triple Net Lease (NNN) tenant. The price listed is $6,295,000. The 2003-built, 34,585-square...

Hyundai, Kia, and Samsung invest $100m in AI and RISC-V chip firm Tenstorrent

Tenstorrent, a maker of AI chips, has raised $100 million from investors, including the Hyundai Motor Group, Kia, and a fund run by Samsung. The investment in the RISC-V and AI startup was set up as a debt that will eventually convert to stock. Tenstorrent will not have an official new valuati...

George Mason University and AWS jointly develop a data center engineering course

Amazon AWS

A data center engineering course is being created by George Mason University in Fairfax County, Virginia, and Amazon Web Services (AWS). The faculty of Mason's College of Engineering and Computing will offer the course, which will be titled ME/ECE 499: Data Center Engineering. It will be acces...

Stack Infrastructure concludes its second $250 million debt financing of 2023

STACK INFRASTRUCTURE

$250 million in securitized notes have been issued as part of Stack Infrastructure's second round of structured debt financing for 2023. The funding round began a month ago with an initial goal of raising $100 million, which has since more than doubled. Since 2019, Stack has raised $2.3 billio...

Ireland's low tax advantage boosts data center construction

Republic of Ireland

Despite repeated calls from different parties in Ireland to halt data center building, a recent report has shown that Ireland's low tax advantage is  stimulating further growth in data center construction. According to a recent market review, Ireland's corporation tax rate, being one of the lo...

Elisa launches edge data center with Wind River

Elisa Oyj and Wind River have reportedly deployed a "fully automated" Edge data center. This is the second edge site to go into commercial production this year. The project combines Wind River Studio Cloud Platform combines Wind River Studio Cloud Platform as the production-grade distributed K...

Cirion intends to construct a 20MW data center in Santiago, Chile

Cirion Technologies, a developer of digital infrastructure and technology, plans to construct a 20MW data center in Santiago, Chile. The facility, known as SAN2, will be the company's second data center in the country and is anticipated to be operational by early 2025.The data center will be l...

Markley Group seeks $80 million in data center litigation with Zayo

Zayo

The Markley Group has filed a $80 million lawsuit against networking company Zayo Group over a data center lease in a Boston carrier hotel. The filing is a response to the case raised by zColo in April 2023, in which it was alleged that the Markley Group had engaged in a years-long campaign of...

Mubadala makes an investment in Aligned Data Centers and acquires a minority stake

Aligned

Mubadala Investment Company, the sovereign investment branch of Abu Dhabi, has invested in Aligned Data Centers. Mubadala will become a minority shareholder in the U.S. company, although the scale of the investment was not disclosed. Macquarie Asset Management remains the majority shareholder ...

GTR will construct a 16MW data facility in Barcelona, Spain.

A data center will be built in Barcelona, Spain, by Global Technical Realty (GTR). The company, backed by KKR's third global infrastructure fund, has acquired its first data center building site in Spain. The location is Parc de l'Alba in Cerdanyola del Vallès, just outside of Barcelona. Accor...

AWS launches its local zone edge location in Phoenix, Arizona

Amazon AWS

Amazon Web Services (AWS) has announced the launch of a Local Zone Edge location in Phoenix, Arizona. The general availability of a Local Zone in Phoenix was first announced back in January 2022. It was known then as us-west-2-phx-1a, which appears to have now been replaced by the new us-west...

Bitcoin Miner GDA opens of three new data centers in South Carolina

South Carolina

Genesis Digital Assets (GDA) has announced the opening of three new data centers in South Carolina's Western region. The company is one of the world's largest Bitcoin mining companies, and has 400 MW of capability spread across three continents.  It reportedly accounts for about 2% of the Bitc...

Cellnex contemplates selling a stake in its Nordic enterprises

Nordics

Cellnex is contemplating the sale of a minority stake in its Nordic operations, which could fetch up to $1.11 billion. Reuters reported last week that Cellnex would use the earnings to pay down debt, according to sources familiar with the matter.Reuters reported that Cellnex is collaborating w...

Cyxtera refuses leases at two data centers in Silicon Valley owned by Prime

Cyxtera Technologies

Cyxtera plans to decline leases for two data centers held by Prime DC in Santa Clara, California. In June, Cyxtera filed for Chapter 11 bankruptcy due to continuing losses and upcoming debt maturities. The organization is seeking a buyer or new investor. According to DgtlInfra, Cyxtera intends...

AMD will spend $135 million on chip R&D in Ireland

Over the next four years, AMD intends to invest $135 million in Ireland. The money will go toward studying and creating data centers, networking, 6G, and generative AI technologies. In addition, the company is anticipated to employ approximately 290 engineers and researchers in the country to ...

Blackstone and QTS to build data centers worth $8bn for "once in a generation" AI growth

QTS Data Centers

The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its ...

Two data centers secure a $15 million loan in Cape Verde

Africa

The island nation of Cape Verde (Cabo Verde) in Africa has been granted a loan to construct two new data centers. This week, the African Development Bank (ADB) and the government of Cabo Verde announced the signing of a loan agreement for $15.3 million to improve the Cabo Verde Technology Park...

AMD will invest $400 million in a new India facility

India / Bhārata

Over the next five years, AMD plans to invest approximately $400 million in India. With this investment, a new AMD campus will be constructed in Bengaluru (Bangalore), Karnataka. This will be the company's largest design center, and it is anticipated that approximately 3,000 new engineering po...

Toyota looks to sell KDDI shares worth $1.8 billion

KDDI

Toyota Motor Corporation intends to sell a roughly $1.80 billion stake in KDDI Corporation as part of a share buy-back deal.  Reuters reports that the Japanese automaker wants to raise funds to accelerate vehicle electrification. Toyota's stake in the Japanese telco would decrease from 14.68 p...