June 04, 2024 Texas
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 business...
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May 24, 2024 Texas
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...
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May 21, 2024 Texas
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 Buy...
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May 10, 2024 Atlanta
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...
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April 23, 2024 Vantage Data Centers
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...
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April 15, 2024 Texas
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 Samsung...
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April 15, 2024 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 the...
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April 10, 2024 Vantage Data Centers
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 a...
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March 29, 2024 London
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...
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February 29, 2024 London
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 strong...
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February 23, 2024 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 Rail...
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February 08, 2024 Texas
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 to...
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January 10, 2024 London
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...
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December 11, 2023 Vantage Data Centers
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 a...
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November 22, 2023 Johannesburg
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...
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November 20, 2023 San Francisco Bay Area
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...
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November 19, 2023 San Francisco Bay Area
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 technology...
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November 18, 2023 London
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 current...
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November 17, 2023 Texas
Data Clean Corporation has acquired Texas-based critical environment cleaning company Sealco LLC, marking its second acquisition since it was bought by Angeles Equity Partners in November 2022. Frank Spelman, managing director at Angeles Equity Partners said, “Sealco is arguably one of the most...
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November 02, 2023 Vantage Data Centers
Vantage Data Centers has finalized an investment partnership with DigitalBridge and a consortium of investors led by MEAG and Infranity for some of its European data center assets. The collaboration between both companies consists of six data center facilities across Europe, valued at around €2.5...
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