Data Center News

TPG in talks to buy Crown Castle's fiber assets

TPG is in advanced talks to buy Crown Castle's fiber assets in a deal worth an estimated $8 billion. US tower operator Crown Castle has been looking to sell its fiber assets for some time, notably revealing in April that it had held talks with multiple parties over a sale.The company launched ...

December 31, 2024

United States

Oregon regulators approve PacifiCorp penalties for high-load energy users

The Oregon Public Utility Commission has ruled in favor of a PacifiCorp proposal that would penalize large-load customers, such as data centers, whose energy use at new facilities is not in line with forecast needs. "The scale of utility procurement and stranded asset risk associated with the...

December 27, 2024

Oregon

TPG Real Estate takes full control of Quantum Frederick Project

Quantum Loophole will no longer have any "active involvement" in the Quantum Frederick Project, a 2,100-acre data center campus and fiber optic loop (QLoop) in Frederick County, Maryland. This September, TPG sought a court order to remove Quantum Loophole from its role as manager of the $5 bil...

December 27, 2024

Maryland

xAI raises $6 billion in a Series C funding round

Elon Musk's generative AI startup xAI has raised $6 billion in a Series C funding round from investors including A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, amon...

December 27, 2024

United States

US Senate passes bill for additional rip and replace funding

The US Senate has voted in favor of a bill that looks set to provide an additional $3 billion to telecom companies in funding for the rip and replace program. This was included as part of the $895 billion National Defense Authorization Act (NDAA) that was passed by the US Senate on December 18...

December 24, 2024

United States

Qualcomm claims win following mistrial in copyright battle with Arm

Qualcomm is claiming victory in its court battle with chip design giant Arm after a jury in the US found that its processor designs are properly licensed, despite the case ended in a mistrial, leaving the door open for Arm to return with a fresh action.After a week-long federal court trial hel...

December 23, 2024

United States

Intel shareholders file lawsuit alleging federal securities laws violations

Intel shareholders have filed a derivative lawsuit against the company, alleging executives, including former CEO Pat Gelsinger, made false and misleading statements about the reorganization of a manufacturing segment. The lawsuit accuses Intel executives, including former CEO Pat Gelsinger, o...

December 21, 2024

California

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

NorthWestern Energy to supply Atlas Power energy to power Montana data center

NorthWestern Energy has signed an energy supply agreement with Atlas Power Group to power its flagship data center in Butte, Montana. The new supply agreement will see NorthWestern supply Atlas with 75MW of power beginning in 2026, with a further 75MW expected in the next three to five years.“...

December 20, 2024

Montana

Duos Technologies to develop data centers in Texas

Duos Technologies is set to develop a high-density data center campus at Pampa Energy Center (PEC).The company will develop data centers supported by up to 500MW of self-generated natural gas power and supplemented by up to 200MW of wind turbine generation and alternative fuel services.“The US...

December 20, 2024

Texas

CTIA president and CEO to step down next year

CTIA president and CEO Meredith Attwell Baker has confirmed she will retire from the CTIA next year at the end of her contract. In the departure announcement last week, CTIA chair and CEO of Carolina West Wireless Slayton Stewart noted that Baker's biggest contribution during her tenure was t...

December 19, 2024

United States

Nano Nuclear X Digihost to deploy nuclear microreactor

Bitcoin miner and clean energy infrastructure developer Digihost Technology and Nano Nuclear have signed a Memorandum of Understanding (MoU) to deploy a 60MW microreactor at Digihost’s New York power plant. They will collaborate on designing, constructing, testing, and commissioning a microrea...

December 18, 2024

United States

GMI Cloud and Vast Data to partner on AI infrastructure

GMI Cloud and Vast Data are teaming up on an artificial intelligence (AI) infrastructure offering, combining Vast Data's AI data platform with GMI Cloud's AI cloud solution to develop scalable AI infrastructure. The GMI Cloud built on the Vast Data Platform will support Magnum IO GPUDirect Sto...

December 18, 2024

United States

Crusoe Energy closes funding round with $600m

Crusoe Energy has closed its Series D funding round with $600 million. The round valued Crusoe at $2.8 billion, less than the $3 billion the company originally aimed for. The investment was led by venture capital firm Founders Fund, and others including Fidelity, Long Journey Ventures, the Uni...

December 17, 2024

United States

MISO approves regional transmission plan

The Midcontinent Independent System Operator’s (MISO) board has approved a $21.9 billion long-range transmission plan. The new transmission lines will span 1,800 miles and include some that will connect directly to PJM Interconnection’s 765kV system in Illinois, Indiana, and Ohio. “The main t...

December 17, 2024

Illinois

Verizon deploys Ener.co retrofit cooling solution

Verizon has deployed Ener.co’s retrofit cooling solution in 36 of its US data centers. Ener.co said the project has saved Verizon annual electricity savings of 7,700,000 kWh and has reduced annual greenhouse gas emissions by approximately 1,700 tonnes.“Data centers are proliferating across the...

December 17, 2024

United States

Subsea Internet cable to Antarctica proposed

The US government’s National Science Foundation (NSF) is investigating the possibility of building a cable connecting the largest US Antarctic Program research facility, McMurdo Station, with either New Zealand or Australia.The main scope of the installation “is to provide advanced high-speed,...

December 16, 2024

United States

Nexalus partners with liquid cooling technology

Nexalus has teamed up with HPE in a partnership will see Nexalus deploy its liquid cooling technology - which it claims can recycle excess heat - into three of HPE’s server models, which it says offer enhanced thermal performance and reduced energy consumption.Kenneth O’Mahony, co-founder and ...

December 13, 2024

United States

EchoStar, CWA opposes $4.4bn T-Mobile UScellular deal

EchoStar and Communications Workers of America (CWA) have stepped up their opposition to T-Mobile's proposed $4.4 billion deal to acquire significant assets from regional carrier UScellular. In a filing to the Federal Communications Commission (FCC) this week, Dish Network owner EchoStar state...

December 13, 2024

United States

Prologis sells Chicago warehouse to HMC Capital

Prologis has sold a data center development in Chicago, Illinois to HMC Capital. The industrial real estate giant said the warehouse is held in the US Logistics Fund, a Prologis co-investment vehicle focused on premier logistics real estate, including higher and better-use conversions.HMC Capi...

December 12, 2024

Chicago

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