Data Center News

DataBank Raises $2bn for Dallas Data Center Buildout

US data center firm DataBank has secured new financing to support the build-out of three data centers in Dallas, Texas. The company this week announced it has obtained a $2 billion loan to fund construction of the first three facilities at its new Red Oak campus. DataBank said the deal represe...

April 22, 2026

Dallas

Cannabis Company Wants to Turn Former Golf Course in New York into Data Center

A cannabis firm is exploring plans to redevelop a former golf course in New York into a data center campus. OTC-listed Weed Inc. said it aims to repurpose its subsidiary’s 44-acre Sugar Hill Golf Course site in Chautauqua County, near Lake Erie, though full project details have not been disclo...

April 02, 2026

New York

Developer Withdraws Plans for 316-acre Data Center in Spring Hill, Kansas

The developer behind a proposed 316-acre data center project in Spring Hill, Kansas, has pulled its application ahead of a planning commission meeting scheduled for March 25.Data center consultancy Colossus Data Center Advisors had planned to develop a campus at the southeast corner of 191st S...

March 10, 2026

Kansas

115-acre Data Center May be Developed in Osawatomie, Kansas

A 115-acre data center project could come to Osawatomie, Kansas, says the local government.“The city has entered into a predevelopment agreement with Alcove Development to explore the feasibility of a potential data center campus,” reads a post by the City of Osawatomie. Alcove’s proposed data...

February 21, 2026

Kansas

Micron to Break Ground on New York Megafab Campus Next Week

Memory chipmaker Micron will break ground on a $100 billion semiconductor fab campus in Onondaga County, New York, on January 16. Consisting of four fabs when fully built, the so-called megafab is expected to be complete by Q3 2041 and will be the largest semiconductor facility in the US.In a ...

January 08, 2026

New York

Token Cat and Better Now Plan Data Center in New York

Chinese tech firm Token Cat and US-based Better Now have announced that they will collaborate to develop and operate an artificial intelligence data center in New York. The project will see a multi-phase roll-out to build a 30MW data center, with the company already having secured access to 12...

December 30, 2025

New York

TeraWulf to Lease New York Site to Fluidstack

Cryptomine and HPC data center firm TeraWulf this week announced two 10-year high-performance computing (HPC) colocation agreements with Fluidstack. TeraWulf will deliver more than 200MW of critical IT load (~250MW of gross capacity) at its Lake Mariner data center campus in New York. The deal...

August 14, 2025

New York

Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park

Cawley Partners has acquired 5,200 acres south of Dallas to potentially develop a large data center park outside Dallas. The acquired South Creek Ranch in the City of Ferris is set to see a mix of uses, including data centers, logistics, manufacturing, and residential.“This particular piece of...

June 18, 2025

Dallas

Sophia Space Secures $3.5m for Orbital Data Centers

Seattle-based Sophia Space, an orbital computing venture, has raised $3.5 million in pre-seed funding led by Unlock Ventures with the participation of angel investors, to develop Edge compute solutions for orbit and what they call space-based data centers.“We are at the dawn of a new era where...

May 27, 2025

Seattle

Chiplet startup Baya Systems raises $36m in Series B funding round

Chiplet technology startup Baya Systems has raised more than $36 million in a Series B funding round led by Maverick Silicon and backed by a strategic investment from Synopsys. It also saw participation from current investors, including Matrix Partners and Intel Capital.Growing AI workloads ar...

January 25, 2025

New York

Novacap closes first digital infrastructure fund

North American investment firm Novacap this week announced the final closing of Novacap Digital Infrastructure Fund I, the firm's first fund dedicated entirely to investing in digital infrastructure. The firm has also named its recently announced data center joint venture with H5, HyScale Data...

January 24, 2025

New York

GlobalFoundries to build an Advanced Packaging and Photonics Center in New York

GlobalFoundries (GF) has announced plans to build an Advanced Packaging and Photonics Center in the state of New York, USA, described as the center as “the first of its kind.” The company said the new facility would allow semiconductors to be “securely manufactured, processed, packaged, and te...

January 22, 2025

New York

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

Centersquare sued by investment manager CenterSquare

Philadelphia-based investment manager CenterSquare has filed a trademark infringement lawsuit against data center firm Centersquare. The lawsuit, filed on August 24, includes allegations of cybersquatting, or using a domain name too similar to a protected trademark with the intent to profit ...

December 20, 2024

Philadelphia

Phaidra raises funds for data center cooling control system

Industrial AI company Phaidra has raised $12 million for its data center cooling control system from Index Ventures and will use the money for R&D, implementation, and go-to-market efforts.“The data center industry is in the midst of an arms race to build new capacity wherever land and po...

July 05, 2024

Seattle

Metrobloks raises $5.2 million in funding round

Metrobloks, a new data center startup focused on metro projects this week announced an oversubscribed $5.2 million seed round led by Current Equity Partners with the backing of Serena Capital. The company noted that it designs, deploys, and operates modular and scalable data centers in underse...

June 27, 2024

New York

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

Lightmatter officially becomes a unicorn

Photonic computing company Lightmatter has now been crowned a Unicorn, raising $155 million at a $1.2 billion valuation. This funding is part of the series C investment round, which helped the company raise $154 million in May, successfully tripling the company’s value at the time. Overall, Li...

December 19, 2023

Boston

Quantum computing firm D-Wave faces delisting from NYSE again

Quantum computing firm D-Wave is facing delisting from the New York Stock Exchange over its low stock price for the second time this year. The company announced this week that it received a notice from the NYSE that it is not in compliance with listing requirements as the average closing price...

October 26, 2023

New York

Netsolus, a Kansas City data center provider, is acquired by IP Pathways

IP Pathways bought Netsolus, a Missouri-based MSP. This week, IP Pathways of Des Moines, Iowa, announced that it will merge with Netsolus of Kansas City, broadening its footprint and services in the Kansas City region. The deal's terms were not disclosed.IP Pathways was founded in 2007 and pro...

August 24, 2023

Kansas

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