Data Center News

CyrusOne breaks ground on Frankfurt data center

CyrusOne has broken ground on a data center in Frankfurt, Germany known as FRA7. This data center , is currently being constructed on a 63,000 square meter plot at the Frankfurt Westside regeneration project managed by BEOS AG and Swiss Life Asset Managers and is set to consist of two three-st...

July 20, 2024

CyrusOne

Crusoe plans new AI data center in Texas

AI firm Crusoe has revealed it has designed and engineered, and is building, a 200MW GPU-focused data center at the Lancium Clean Campus outside Abilene, Texas. This facility will include high-density data halls specially designed to enable AI workloads and optimized for direct-to-chip liquid ...

July 19, 2024

Texas

CyrusOne secures $687.1m CMBS loan for data center development

CyrusOne this week announced it secured a $687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data center. This data center offers 90MW across 670,000 square feet of technical space and seven data halls and the site was upgraded to water-free chillers in 2020. Er...

July 18, 2024

CyrusOne

Hut 8 to expand in West Texas

Cryptomining company Hut 8 has revealed that it will beexpanding its operations in Texas and has signed a power purchase agreement to procure 205MW of energy for a new data center to be built on an undisclosed greenfield site in West Texas.Asher Genoot, CEO of Hut 8, said: “This transaction ex...

July 11, 2024

Texas

CyrusOne secures billion dollar credit facility for data center expansion

Data center firm CyrusOne this week announced the closing of a $7.9 billion Warehouse Credit Facility incremental to the $1.8 billion Revolving Credit Facility financing completed in May, providing the company with approximately $9.7 billion of additional debt capital raised.“The successful cl...

July 09, 2024

CyrusOne

Vantage closes $9.2bn equity raise

Vantage Data Centers revealed this week that it had completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge and Silver Lake.“It’s exciting to experience such strong investor demand to fuel our unprecedented growth across North America and EMEA,” said Sure...

June 14, 2024

Vantage Data Centers

CoreWeave to launch data centers in mainland Europe

Quantum computing startup Atom Computing has secured a funding investment of 70 million DKK ($10.21 million) from the Danish government. State-owned EIFO, the national promotional bank and export credit agency of Denmark. Invest in Denmark, also involved in the deal, is part of the Ministry of...

June 10, 2024

CoreWeave

DataNovaX pitches Northern Texas as a potential hub for new facilities

DataNovaX, a new build-to-suit (BTS) data center provider, this week announced it is pitching Northern Texas as a potential hub for new facilities and is accepting clients at Pioneer Park in Wichita Falls.Ahmed Abdelghani, DataNovaX CEO, said: "This area offers a wealth of resources and busine...

June 04, 2024

Texas

Core Scientific rejects acquisition offer from CoreWeave

Cryptomine and HPC hosting firm Core Scientific has rejected an acquisition offer from GPU provider CoreWeave after confirming that it received an unsolicited non-binding proposal from CoreWeave on June 3 to acquire all of the outstanding shares of the company on a fully diluted basis for $5.7...

June 03, 2024

CoreWeave

Soluna secures $30 million in funding for data center expansion

Data center operator Soluna has secured $30 million in funding from Spring Lane Capital to expand its data center in Texas. Soluna said the financing will accommodate approximately 12,700 Bitcoin mining rigs, each with a power consumption of around 3.5kW, totaling 48MW. Soluna has an existing ...

May 24, 2024

Texas

Ericsson to invest $50 million for data center expansion

Ericsson this week revealed it will invest an additional $50 million to expand its four-year-old 5G Smart Factory in Lewisville, Texas, an investment which "will further accelerate local production to address the demand for 5G infrastructure made in the USA, compliant with the Build America B...

May 21, 2024

Texas

CyrusOne closes $1.175 billion ABS offering

CyrusOne has closed its $1.175 billion Series 2024-2 and 2024-3 funding round, classified as a Secured Green Collateral Bond, and is the largest ABS issuance since 2021. Series 2024-2 is expected to mature in five years, while Series 2024-3 is expected to mature in seven.Eric Schwartz, CEO of ...

May 18, 2024

CyrusOne

Coreweave to make billion dollar investment in UK data centers

AI cloud provider CoreWeave has revealed its plans to invest £1 billion in expanding its operations in the UK which will enable the launch of two data centers in the UK in 2024, with further expansion plans for 2025. The cloud provider has also opened an office in London, which will be its Eu...

May 08, 2024

CoreWeave

Hydrogen demonstration facility launches in Austin, Texas

A hydrogen demonstration facility has launched in Austin, Texas and will help provide power to the Texas Advanced Computing Center (TACC) data center via a fuel cell. The project – located at the University of Texas (UT) J.J. Pickle Research Campus in Austin – is a collaboration between GTI En...

April 29, 2024

Austin

Vantage plansnew billion dollar data cener campus in Ireland

Vantage Data Centers has revealed that it will be spending €1 billion on a new data center campus development in Dublin. The campus will be built at Profile Park, Grange Castle, a data center hub nine miles south of Dublin which is already home to the likes of Google, Digital Realty, and Cyru...

April 23, 2024

Vantage 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

Samsung plans investment in semiconductor cluster

Samsung Electronics has announced it will invest $40 billion to build a semiconductor cluster across a number of locations in Texas with a $6.4bn in direct funding under the US Chips and Science Act to support the development. The Taylor fabs are expected to be up and running by 2026 and Samsu...

April 15, 2024

Texas

Vantage to unveil new data center campus in Switzerland

Vantage Data Centers this week announced that it will open a second Zurich campus (ZRH2) this summer. This new campus located 30 kilometers north of Zurich’s City Center in Glattfelden, will offer a total of 226,000 square feet (21,000 sqm) of space and 24MW of critical IT capacity. “Zurich is...

April 10, 2024

Vantage Data Centers

Iris Energy and Poolside sign new partnership

Iris Energy and AI startup Poolside have gotten into an agreement to give the latter cloud access to Nvidia GPUs. According to Iris Energy, the initial contract is three months, with a potential three month extension. Daniel Roberts, co-Founder and co-CEO of Iris Energy, said: “We are pleased ...

February 08, 2024

Texas

TierPoint acquires multi-megawatt facility in Texas

US colocation provider TierPoint this week announced that it has acquired a multi-megawatt data center in Fort Worth, Texas. This data center located at 13701 Independence Parkway is the company’s third in the Dallas-Forth Worth area. The colocation provider noted that this facility sitting o...

January 09, 2024

Tierpoint Fort Worth

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