Data Center News

Read Metrobloks raises $5.2 million in funding round
Metrobloks raises $5.2 million in funding round

Metrobloks raises $5.2 million in funding round

June 27, 2024 New York

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...

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Read TierPoint acquires multi-megawatt facility in Texas
TierPoint acquires multi-megawatt facility in Texas

TierPoint acquires multi-megawatt facility in Texas

January 09, 2024 Tierpoint Fort Worth

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 on 13...

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Read Lightmatter officially becomes a unicorn
Lightmatter officially becomes a unicorn

Lightmatter officially becomes a unicorn

December 19, 2023 Boston

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,...

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Read Quantum computing firm D-Wave faces delisting from NYSE again
Quantum computing firm D-Wave faces delisting from NYSE again

Quantum computing firm D-Wave faces delisting from NYSE again

October 26, 2023 New York

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 of...

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

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

August 24, 2023 Kansas

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...

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Read Data center for sale in Topeka, Kansas
Data center for sale in Topeka, Kansas

Data center for sale in Topeka, Kansas

August 03, 2023 Kansas

There is a data center building available for purchase in Topeka, Kansas. Topeka's 400 SE Jefferson Street is up for sale through Colliers for a price that has not been disclosed. The 16,350-square-foot building in Shawnee County contains a 10,500-square-foot data center and a 5,850-square-foot...

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Read Edged Energy intends to construct an 18MW data facility in Kansas City, Missouri
Edged Energy intends to construct an 18MW data facility in Kansas City, Missouri

Edged Energy intends to construct an 18MW data facility in Kansas City, Missouri

July 20, 2023 Kansas

A data center is being built by Edged Energy in Kansas City, Missouri. According to BizJournal, the Northland of Kansas City will soon see the start of construction on a data center by engineering and construction company Burns & McDonnell. The company is constructing an 18MW waterless-cooled...

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Read Wells Fargo relocates, exiting office and data center in Philadelphia, Pennsylvania
Wells Fargo relocates, exiting office and data center in Philadelphia, Pennsylvania

Wells Fargo relocates, exiting office and data center in Philadelphia, Pennsylvania

July 07, 2023 Philadelphia

Wells Fargo has announced that it is exiting its lease at the Philadelphia Plaza building at 101 N. Independence Mall, leaving its office and data center and relocating to offices in Two Logan Square and Commerce Square.According to the company, no layoffs are set to take place, and there will be...

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Read Circularity controversy: Bitcoin operations heats bathhouse in Brooklyn
Circularity controversy: Bitcoin operations heats bathhouse in Brooklyn

Circularity controversy: Bitcoin operations heats bathhouse in Brooklyn

July 03, 2023 New York

In New York City, Brooklyn, a bathhouse and spa named Bathhouse has shared that it is now heating its pools with mining, with the water from the pool, then going on to cool the hardware. The bathhouse and spa also Bitcoin payments. The company shared the news in an Instagram post: "Enjoy a hot...

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Read TierPoint aims to raise $925 million through securitized loans
TierPoint aims to raise $925 million through securitized loans

TierPoint aims to raise $925 million through securitized loans

June 29, 2023 TierPoint

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...

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Read AT&T inks 15.6MW solar deal in New York
AT&T inks 15.6MW solar deal in New York

AT&T inks 15.6MW solar deal in New York

May 17, 2023 New York

AT&T has announced its plans to procure solar energy from five projects in Upstate New York from DSD Renewables (DSD). The deal will see AT&T serve as an anchor tenant subscriber for a five-project community solar portfolio; the company will offtake 15.5MW of the larger 24.1MW portfolio....

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Read McLouth locals' concerns about crypto mining facility proposal results in application withdrawal & moratorium
McLouth locals' concerns about crypto mining facility proposal results in application withdrawal & moratorium

McLouth locals' concerns about crypto mining facility proposal results in application withdrawal & moratorium

March 06, 2023 Kansas

In McLouth, Kansas, residents recently raised their concerns about a proposed data center off of K-92 at a natural gas site. The proposal for this commercial data center went before the Jefferson County Regional Planning Commission last week, and was put forward by Crypto Colo Center Corp. (CCC)...

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Read Fort Worth Data Center For Sale Following Bankruptcy
Fort Worth Data Center For Sale Following Bankruptcy

Fort Worth Data Center For Sale Following Bankruptcy

February 02, 2023 Dallas

Following a bankruptcy filing, a recently converted data center is for auction. This week, Hilco Real Estate declared March 23, 2023, as the deadline for qualifying bids for the Chapter 11 bankruptcy sale of a newly converted flex industrial facility into a data center. Built in 2018 on a...

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

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

August 05, 2022 TierPoint

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 an...

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Read StratCap Completes Acquisition of Data Center in Jacksonville, Florida For Undisclosed Fee
StratCap Completes Acquisition of Data Center in Jacksonville, Florida For Undisclosed Fee

StratCap Completes Acquisition of Data Center in Jacksonville, Florida For Undisclosed Fee

July 13, 2022 Jacksonville

StratCap has announced the acquisition of a data center in Jacksonville, Florida. The company revealed that its data center real estate division, StratCap Data Centers bought a triple net leased data center for an undisclosed fee. The facility spans 2,400 square meters (25,600 square feet) and is...

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Read Niagara Falls data center debate
Niagara Falls data center debate

Niagara Falls data center debate

July 11, 2022 New York

As reported by Baxtel at the end of June, Niagara Falls is being targeted as the site of a $1.5 billion technology and data center by New York City developer Howard Milstein and his partners, while the city launches a legal effort to create a new public park. While developers claim that the data...

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Read Greenidge gas powered cryptomining data center denied air permit renewal
Greenidge gas powered cryptomining data center denied air permit renewal

Greenidge gas powered cryptomining data center denied air permit renewal

July 05, 2022 New York

It has been announced that New York's Department of Environmental Conservation (DEC) has denied an air permit renewal by Greenidge Generation, which could see its gas-powered Bitcoin mining data center close. This follows the Supreme Court of the United States (SCOTUS) ruling on West Virginia v...

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Read A $1.5 Billion Data Center in Niagara Falls is Being Planned
Baxtel

A $1.5 Billion Data Center in Niagara Falls is Being Planned

June 29, 2022 New York

Urbacon and Niagara Falls Redevelopment (NFR) have announced plans for a $1.5 billion data center park on land in Niagara Falls, New York City. Urbacon is an Ontario-based construction company with an excellent track record of developing massive data center campuses in Richmond Hill, Montreal,...

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Read Bill passed to ban cryptomining data centers that use fossil fuel power plants
Bill passed to ban cryptomining data centers that use fossil fuel power plants

Bill passed to ban cryptomining data centers that use fossil fuel power plants

June 13, 2022 New York

The New York Legislature has passed a landmark bill to ban cryptocurrency data centers that use fossil fuels to power their operations, in an effort to reduce statewide emissions by 85% by 2050. Specifically, the bill will impose a two-year moratorium on these activities, however, Governor Kathy...

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Read Diode Ventures Planning a 220MW Facility in Kansas
Diode Ventures Planning a 220MW Facility in Kansas

Diode Ventures Planning a 220MW Facility in Kansas

April 26, 2022 Kansas City

Diode Ventures is looking to develop a massive data center campus in Kansas. The company filed a preliminary plan for a data center campus called Creek Technology Park. The campus will sit on an undeveloped 359 acres of land in the northeast of US Highway 169 and Interstate 435 in Missouri....

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