January 09, 2024 Stockholm
New Swedish operator T.Loop has acquired a 800 square meter data center located in the center of Stockholm, Sweden. Details about ths facility including the seller and the terms of the transaction have not been shared. However, the company noted that this facility will be modernized throughout...
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December 21, 2023 Houston
Space infrastructure business Axiom Space has planned to develop an 'orbital data center.' The company is currently developing the world’s first commercial space station, which will initially be a part of the International Space Station, but is planned to separate and remain in orbit, once the...
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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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December 04, 2023 Stockholm
New data center firm Evroc announced last week that it has signed an agreement with Arlandastad Group to select Stockholm as the location for its first facility and build it in 2024. The company also mentioned that it plans to invest €600 million in the project, which is one of ten it intends to...
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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 02, 2023 Sacramento
X, the social media company formerly known as Twitter, claims to have saved $100 million annually after exiting its Sacramento data center via a post on the platform. X further claimed to have saved a significant amount by repatriating some of its workloads to on-prem data centers. The company...
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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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October 23, 2023 London
Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...
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September 30, 2023 San Diego
Kneron, a startup developing chips for AI inferencing, has raised $49 million from investors to scale up its hardware-developing efforts. Investors, including Foxconn HH-CTBC Partnership (Foxconn Co-GP Fund) and Alltek, made this additional investment, bringing the total Series B financing to...
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September 14, 2023 Detroit
A data center outside of Detroit, Michigan, is available for purchase. Lee & Associates, a real estate agency, has listed 21420 Melrose in Southfield, Oakland County, as available. The 1986-built, 15,956-square-foot property is available for $1.34m. “This building is extremely well maintained...
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August 29, 2023 Verizon Enterprise
Verizon's former Pittsburgh, Pennsylvania office and data center is available for purchase or lease. It has been put up for sale or lease by Colliers and Sampson Morris Group at 5400 Campbells Run Road. The 10-acre, 1959-built office and data facility features 130,000 rentable square feet and is...
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August 08, 2023 San Francisco Bay Area
Plans for an entertainment district development in San Jose, California, have been scrapped and replaced with data center plans, it has been announced. Back in 2018, developer Terra Ventures had initially pitched for development known as 'Shops @ Terra'; this would have been an entertainment...
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July 27, 2023 London
Thames Water has announced that it is considering restricting data center water-use in London. The measure could reportedly include charging operators more at peak times and adding flow restrictors to pipes.Initially, the private utility undertook an assessment to get insight into how much water...
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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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July 07, 2023 Houston
On Friday, July 7, UH Energy will host an educational symposium with a focus on hydrocarbon basin analysis, policy changes, and hydrocarbon opportunities in India to mark the opening of the new University of Houston (UH) - Directorate General for Hydrocarbon (DGH) Center for Hydrocarbon...
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July 05, 2023 London
Greystoke Land Ltd has applied to the Three Rivers District Council to demolish extant structures on a 33-hectare site north of Mansion House Farm through Bedmond Road in Abbots Langley to construct a data center campus. The company intends to construct two data center structures totaling up to...
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July 04, 2023 Atlanta
Construction on Edge Energy's Atlanta, Georgia data center is underway, with the company commencing work on July 1st. Located at Tilford Yard, the company bought the 158 acre-site back in July 2021; 70 acres will be dedicated to data center development. In January 2023, it filed a building permit...
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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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