Vantage Data Centers Data Center News

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

Abdul-Rahman Oladimeji

Texas

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

Abdul-Rahman Oladimeji

Vantage Data Centers

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

Abdul-Rahman Oladimeji

Texas

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

Abdul-Rahman Oladimeji

Soluna

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

Abdul-Rahman Oladimeji

Texas

Atlanta City Council members propose new bill to block data center developments

Atlanta City Councilmen Jason Dozier and Matt Westmoreland have introduced bills to block data center developments around certain areas of the Georgia city near transit stops and the Beltline.“Excited to introduce legislation alongside Matt Westmoreland to address the rapid growth of data cent...

May 10, 2024

Abdul-Rahman Oladimeji

Atlanta

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

Abdul-Rahman Oladimeji

Vantage Data Centers

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

Abdul-Rahman Oladimeji

Texas

Viasat launches new headquarters in London

Satellite firm Viasat last week officially launched its new office, at 50 Finsbury Square in London, as the combined offices of both Viasat and Inmarsat, the rival vendor it acquired last year. The new 121,000 square feet site includes new satellite, network, and cyber operations centers for t...

April 15, 2024

Abdul-Rahman Oladimeji

London

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

Abdul-Rahman Oladimeji

Vantage Data Centers

Oriole Networks raises £10 million in seed funding

University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to inc...

March 29, 2024

Abdul-Rahman Oladimeji

London

Segro to develop new data centers after £900 million share issue

Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said stron...

February 29, 2024

Abdul-Rahman Oladimeji

London

Mavin to install Powercube data center in South Wales

Mavin, a UK-based IT services firm has announced it will install a Powercube data center at the Global Centre of Rail Excellence (GRCE) in Onllwyn, South Wales. “We are delighted to agree this partnership with Mavin and to utilize their cutting-edge Powercube design at the Global Centre of Rai...

February 23, 2024

Abdul-Rahman Oladimeji

Wales

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

Abdul-Rahman Oladimeji

Texas

Swiss Life Asset Managers acquires major stake in Telecom Infrastructure Partners

Investment firm Swiss Life Asset Managers this week entered an agreement with London-based InfraBridge, an infrastructure investment management division of DigitalBridge Group, to acquire a co-controlling equity stake in Telecom Infrastructure Partners (TIP). Gianfranco Saladino, head of value...

January 10, 2024

Abdul-Rahman Oladimeji

London

Vantage to break ground in Taipei

Vantage Data Centers is planning to expand data center operations into Taipei, Taiwan. The company announced this week that it is planning a new facility in Taipei called TPE1 data center and it is expected to be open in mid-2024. This new facility is being constructed on a 2-acre site. It is...

December 11, 2023

Abdul-Rahman Oladimeji

Vantage Data Centers

Open Access Data Centers to expand Johannesburg facility

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...

November 22, 2023

Abdul-Rahman Oladimeji

Johannesburg

OpenAI president Greg Brockman quits as the company fires CEO

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 ...

November 20, 2023

Abdul-Rahman Oladimeji

San Francisco Bay Area

OpenAI co-founder Sam Altman fired from the company

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...

November 19, 2023

Abdul-Rahman Oladimeji

San Francisco Bay Area

Ridge purchases UK data center consultancy Concert

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...

November 18, 2023

Abdul-Rahman Oladimeji

London

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