World Data Center News

AMD president Victor Peng announces retirement

AMD president Victor Peng has announced plans to retire on August 30. Till his retirement date, Peng will continue to serve on the AMD executive team and take on an advisory role to support the leadership transition.AMD chair and CEO Dr. Lisa Su said: “Victor re-joined AMD in 2022 following t...

July 24, 2024

Abdul-Rahman Oladimeji

Taiwan

AI startup raises $16.5m in seed funding rounds

AI startup Code Metal which provides AI-powered development workflows at the Edge has secured a total of $16.5m in funding in its pre-seed round led by J2 Ventures and with support from Fulcrum Venture Group, Underdog Labs amongst others, and seed funding rounds led by Shield Capital.Peter Mor...

July 24, 2024

Abdul-Rahman Oladimeji

United States

Datagrid buys another six hectares for data center expansion in New Zealand

New Zealand data center firm Datagrid has purchased another six hectares of land for expansion on its campus on New Zealand’s South Island. The New Zealand Overseas Investment Office has approved the land acquisition and will allow the project to reach a total area of 49 hectares.Perrine Dhall...

July 23, 2024

Abdul-Rahman Oladimeji

New Zealand

Gcore raises $60m in new funding round

Gcore, an Edge artificial intelligence (AI) and cloud provider, has secured $60m in a Series A funding round led by game developer and publisher Wargaming, with participation from Constructor Capital and Han River Partners. “We are on the cusp of an AI revolution that will transform how compa...

July 23, 2024

Abdul-Rahman Oladimeji

Luxembourg

UDI partners with Cargill for plant-based immersion cooling fluid

Data center startup Ultrascale Digital Infrastructure (UDI) has revealed that it will be partnering with US food company Cargi for its plant-based immersion cooling fluid known as NatureCool 2000. Arnold Magcale, founder and CEO of UDI said: “At Ultrascale, we’ve proven that liquid immersion...

July 23, 2024

Abdul-Rahman Oladimeji

United States

Hive plans 100MW hydroelectric cryptomine data center in Paraguay

Canadian cryptomining firm Hive Digital Technologies this week has announced plans to build a 100MW hydroelectricity-powered cryptomine data center in Paraguay. Hive said it will offer its “expertise in grid balancing and demand response” to support continued industrial development in Paraguay...

July 22, 2024

Abdul-Rahman Oladimeji

Paraguay

Ofcom fines BT Group for technical fault from last year

UK regulator Ofcom has fined BT Group a fee of £17.5 million ($22.6m) after a technical fault that impacted its ability to handle emergency calls between 06:24 and 16:56 on June 25th, 2023. Suzanne Cater, Ofcom’s director of enforcement said: "Being able to contact the emergency services can...

July 22, 2024

Abdul-Rahman Oladimeji

United Kingdom

AI cloud provider Nscale acquires data center company Kontena

GPU-based artificial intelligence (AI) cloud provider Nscale has acquired Kontena, a high-density modular data center and AI data center solutions provider to contribute to the infrastructure backbone for its GPU cloud. Following this acquisition, Nscale will be able to deploy Kontena's modul...

July 22, 2024

Abdul-Rahman Oladimeji

United States

Vnet founder withdraws acquisition offer

Josh Sheng Chen, co-chairperson and CEO of Chinese data center firm Vnet (formerly 21Vianet) has withdrawn his offer to acquire all outstanding shares of the company which he made in September 2022. Josh Sheng Chen said: “I withdrew my privatization proposal as I believe that maintaining Vne...

July 20, 2024

Abdul-Rahman Oladimeji

China

PeaSoup enters new collaborations for for HPC in the cloud

Cloud computing provider PeaSoup will be collaborating with Midas Immersion Cooling, colocation provider Centersquare, and coolant supplier Castrol for high-performance computing in cloud with reduced energy usage. Martin Bradburn, CEO of PeaSoup: "PeaSoup has always been at the forefront of...

July 20, 2024

Abdul-Rahman Oladimeji

United States

Yandex remained as Nebius Group

Nasdaq-listed tech giant, Yandex which was formerly referred to as “Russia’s Google,” have been renamed as Nebius Group and pivoted to focus on AI following the company's agreement to sell its Russian operations to local management and investment firms. The company said: “In addition to exp...

July 20, 2024

Abdul-Rahman Oladimeji

Russia / Россия

Arrcus raises $30m in funding round

Hyperscale networking firm Arrcus has raised $30 million in an investment round with investments from Nvidia and Hitachi Ventures amongst others. "We are thrilled to welcome Nvidia as our latest investor and look forward to building on our collaboration. Arrcus’ leading networking software c...

July 20, 2024

Abdul-Rahman Oladimeji

California

Cloverleaf Infrastructure secures funding for clean energy data center campuses

Cloverleaf Infrastructure, which is developing clean-powered, ready-to-build data center sites in the US has secured $300 million in funding for its clean energy data center campuses from private equity investors NGP and Sandbrook Capital, alongside contributions from its management team. Da...

July 19, 2024

Abdul-Rahman Oladimeji

United States

Crusoe plans new AI data center in Texas

AI firm Crusoe has revealed it has designed and engineered, and is building, a 200MW GPU-focused data center at the Lancium Clean Campus outside Abilene, Texas. This facility will include high-density data halls specially designed to enable AI workloads and optimized for direct-to-chip liquid ...

July 19, 2024

Abdul-Rahman Oladimeji

Texas

Heimdall Power raises $25m in new funding round

Power grid optimization specialist Heimdall Power has raised $25 million in a Series B funding round to scale up production of its “Magic Ball” sensors which it claims can help grid operators access up to 40 percent of additional transmission capacity in existing power lines. These neuron sens...

July 19, 2024

Abdul-Rahman Oladimeji

Norway

Telin and BW Digital team up on Batam-Singapore subsea cable

Telin and BW Digital have formed a strategic partnership to develop and construct the Nongsa-Changi submarine cable system linking Indonesia's Batam and Singapore. Both companies signed a memorandum of understanding (MoU) for the joint venture during the recent International Telecoms Week 202...

July 18, 2024

Abdul-Rahman Oladimeji

Batam

Vertiv to add ZincFive’s niZn batteries to UPS offerings

Vertiv recently announced that it will add the ZincFive BC Series UPS Battery Cabinets to its portfolio of uninterruptible power supply (UPS) offerings, as they are compatible with select large and medium Vertiv UPS, including the recently launched Trinergy offering. ZincFive's CEO and co-fou...

July 18, 2024

Abdul-Rahman Oladimeji

Europe

Infleqtion to install neutral atom quantum computer in Harwell, UK

Quantum component manufacturer Infleqtion will be making history as the first company to install a neutral atom quantum computer at the National Quantum Computing Centre (NQCC) in Harwell, UK. “Our recent installation is part of Infleqtion’s dedication to leading facility logistics in partne...

July 18, 2024

Abdul-Rahman Oladimeji

United Kingdom

PAG and Ayala JV secure $41.1m loan for data center buildout in the Philippines

A-Flow Properties I Corp. (A-Flow), a joint venture between Ayala Land, Inc. and PAG’s Flow Digital Infrastructure has secured P2.4 billion ($41.1m) loan agreement to fund the development of a data center outside Manila, the Philippines. This loan is to be used for the initial phase of the ...

July 18, 2024

Abdul-Rahman Oladimeji

Philippines

QuEra names Andy Ory as interim CEO

Neutral-atom quantum computing, QuEra has announced Andy Ory as its interim CEO, noting that its current CEO, Alex Keesling, will transition from his current position to “take on a new role” leading QuEra's efforts to achieve higher-volume production as CTO. Ory said: "We are grateful for Ale...

July 18, 2024

Abdul-Rahman Oladimeji

United States

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