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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
South Africa
South African telco Telkom, which spun off its telecom towers and mast into a separate division in 2021, is looking to sell the assets to unlock more value in the business. The operator is now in exclusive negotiations over selling its masts and towers business, Swiftnet. The company mentioned...
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China
British chipmaker Graphcore has announced that it will pull out of China in the face of US export controls. The chipmaker is now letting go of most of its staff in China and discontinuing business there. This is another setback to the company, which is already struggling as it revealed in Octo...
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Germany / Deutschland
Germany’s Hauck Aufhäuser Lamp Privatbank announced that its real estate investment management unit is launching a €300 million fund for institutional investors, targeting data centers in major German cities. This is the company’s first-ever data center-focused fund. Patrick Brinker, head of ...
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Europe
Swedish network vendor Telco OEM Ericsson announced that it has issued its first-ever green bond, a €500 million bond with a maturity of four-and-a-half years issued under Ericsson's Euro Medium Term Note Program (EMTN). Carl Mellander, Ericsson’s CFO said, “The successful placement of this g...
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Microsoft Azure
Microsoft this week announced that it will be expanding its footprint in Canada with multiple new data centers with an investment of US$500 million to expand its cloud computing and AI infrastructure in Quebec over the next two years. The company notes that this investment will increase its lo...
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NEXTDC
Two years after sharing initial plans, NextDC has finally begun construction at its D1 8MW data center in Australia's Northern Territory in Darwin. The site located close to the Charles Darwin University CBD campus is being constructed by Kapitol Group NT and is expected to create around 200...
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Microsoft Azure
Sam Altman, who was suddenly fired by the board has “reached an agreement in principle” to return as CEO of OpenAI as nearly all of OpenAI’s employees threatened to leave the company if the board did not reverse its decision. Twitch co-founder Emmett Shear, who was appointed as interim CEO ai...
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Mayor of the Skien municipality, Marius Roheim Aarvold has said claims that Google’s upcoming data center campus in Norway will require 860MW of power to support its planned data center campus in Gromstul, Skien municipality.are false. Local press had reported that Microsoft formerly applied f...
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Johannesburg
Pan-African operator Open Access Data Centers (OADC) plans to expand its data center in Johannesburg, South Africa, and has reportedly begun work on phase two expansion of its Isando facility, which is expected to be complete in Q1 2024, adding 4MW and 600 racks. Darren Bedford, group chief b...
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Netrality Properties
US data center operator Netrality has secured a $380 million sustainability-linked loan (SLL) to help make its data halls more energy efficient. The loan facility will be paid in US data center operator Netrality has secured a $380 million sustainability-linked loan (SLL) to help make its data...
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Scala Data Centers
Latin America data center provider Scala Data Centers has issued $215 million of green debentures, marking the second largest green-tied issuance in the Brazil data center sector. The funds will be used to construct hyperscale data centers which will have an annual PUE of less than 1.45, with ...
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Over 500 employees at artificial intelligence company OpenAI have threatened to quit unless the board resigns and ousted CEO Sam Altman is reinstated. A total of 505 staffers have mentioned that they will be crossing over to Microsoft, which has now hired Altman, cofounder Greg Brockman, and s...
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H5 Data Centers
H5 this week announced the phase three expansion of its 100 Taylor Street facility, adding an additional 340 cabinets and up to 1.5MW of additional UPS capacity. This site, located at 100 Taylor Street, was acquired by H5 in 2018 and was previously owned by the Texas ISP Taylor Telecom. It is...
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DXC Technology
DXC Technology announced this week that it is set to move about 1,000 of its biggest IT outsourcing customers to Amazon Web Services (AWS), who will then migrate their workload due to the expanded relationship between both companies. AWS will also serve as DXC’s primary cloud provider and dive...
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Skybox Datacenters
Skybox Datacenters announced this week that it is planning a new 300MW, 1 million square feet data center facility known as PowerCampus Dallas in Texas. This 115-acre site is located in Lancaster, south of Dallas, and will feature an on-site substation. The company said on LinkedIn, “Skybox Da...
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Microsoft Azure
Microsoft has recruited Sam Altman, Greg Brockman, and other OpenAI researchers who left the startup over the weekend to head a new advanced AI research team. The OpenAI board abruptly fired Altman, saying he was "not consistently candid in his communications with the board, hindering its abi...
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San Francisco Bay Area
OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company ...
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Green Mountain AS
Norway’s Green Mountain announced this week that it was granted approval to develop a new building at its data center campus outside Oslo, Norway. This planned facility will be a three-story, 9,600 square-meter building at its Enebakk campus, and construction is expected to start soon and be c...
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San Francisco Bay Area
OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technol...
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London
Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its curre...
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