Data Center News

Swiss startup to use metal foam for cooling data centers

Swiss company Apheros this week raised $1.85 million in a funding round led by venture capital firm Founderful to help commercialize its metal foam product. The foam is meant to cover the chip, which helps dissipate the heat generated during use through its large surface area. The company not...

August 20, 2024

United States

Sapeon Korea and Rebellions to merge operations

Two Korean AI chip startups with wealthy backers have decided to merge on an equity value ratio of 1:2.4, respectively. The new company will retain the name Rebellions, and be run by Rebellions’ CEO Park Sung-hyun. Sapeon counts SKT, SK Square, and SK Hynix as investors. The company launched ...

August 19, 2024

South Korea

Blueprint plans data center outside Austin, Texas

Taylor City Council last week granted unanimous approval to give Austin-based Blueprint Projects tax breaks on a proposed data center project in the city of Taylor. The company plans to use land owned by the Taylor Economic Development Corp. at 1601 Martin Luther King Jr. Drive in Williamson ...

August 18, 2024

Texas

Texas Instruments awarded $1.6bn in US CHIPS funding

The US Department of Commerce has signed a memorandum of terms with Texas Instruments that could see the company awarded $1.6 billion in CHIPS and Science Act funding which would support Texas Instrument’s plans to invest $18bn in the construction of two fabs in Sherman, Texas, and one in Lehi...

August 18, 2024

Texas

Talen Energy looks to sell nuclear powered facility in Pennsylvania

Independent power firm Talen Energy is looking to pivot away from crypto mining operations to supply power to data center developers instead and has confirmed its plans to sell its stake in the Bitcoin mining center located at its Pennsylvania nuclear power plant. The company first announced i...

August 18, 2024

Pennsylvania

Natron Energy to invest $1.4 billion on a giant factory in Edgecombe County, North Carolina

Sodium-ion battery manufacturer Natron Energy plans to spend $1.4 billion on a 1.2 million square foot (111,500 sqm) facility, at the Kingsboro CSX Select Megasite which is expected to produce 24GW of batteries annually at full capacity and lead to 1,000 jobs. “Today is a momentous day for Na...

August 18, 2024

North Carolina

Quantum Circuits raises over $60m Series B funding round

Quantum Circuits Inc. (QCI) has closed its Series B funding round which raised over $60 million to further its development of quantum technology in an investment round led by Arch Venture Partners, F-Prime Capital, Sequoia Capital, and Hither Creek Ventures. The Yale spin out was founded in 20...

August 18, 2024

United Kingdom

Meta signs new solar PPA in US

Meta has signed a Power Purchase Agreement (PPA) to procure the output of two solar farms in the US, currently in development in Louisiana and Illinois. Construction is underway at RWE’s 274MWac County Run Solar in Illinois and 100MWac Lafitte Solar in Louisiana, both are due to go live in lat...

August 17, 2024

United States

TierPoint to expand data center footprint in St. Louis, Missouri

US operator TierPoint this week announced that it has acquired a building in downtown St. Louis which it plans to retrofit into an enterprise-grade data center. ver the next year, the first phase of investment will build out 22,600 square feet of data center production space and 5MW of utility...

August 16, 2024

Missouri

Quinbrook’s Rowan secures investment from Canadian pension fund

Rowan owner Quinbrook Infrastructure Partners this week announced that Rowan Digital Infrastructure has secured a co-investment from University Pension Plan Ontario (UPP). The companies said UPP’s investment in Rowan will allow Quinbrook to “further advance its efforts” to provide solutions t...

August 15, 2024

Canada

Edged unveils new data center in New Albany, Ohio

Data center firm Edged Energy has officially announced plans for a new data center located at 6525 New Albany Road East, the 206,000 sq ft (19,140 sqm) facility will offer 24MW across two stories. Construction is underway and expected to be completed in July 2025. “We are on a mission to buil...

August 14, 2024

Ohio

Foundry unveils GPU-based Foundry Cloud Platform

Foundry has launched its GPU-based Foundry Cloud Platform for artificial intelligence (AI) workloads which it claims can reduce operational complexity and compute cost by up to six times. The company seeks to overcome the GPU shortage by turning to existing GPUs that it claims are "vastly und...

August 14, 2024

United States

Iomart deploys rooftop solar in Maidenhead data center

UK data center operator Iomart has announced it has installed 560 solar panels on its flagship data center in Maidenhead, the largest of Iomart’s 13 data centers in the UK. This investment will contribute to the aim of self-sustaining energy during the summer to power the site. David Gammie, ...

August 14, 2024

United Kingdom

PDG acquires new data center in Singapore

Princeton Digital Group this week announced the acquisition of Yahoo’s Singapore data center, SG3 which offers 5MW across 5,400 sqm (58,125 sq ft). Terms of the deal were not disclosed, but Yahoo will continue to host its infrastructure at the facility. Rangu Salgame, chairman, CEO and co-fo...

August 14, 2024

Singapore

Telekom Malaysia to deploy Private 5G network at Petronas

Telekom Malaysia (TM) has deployed a Private 5G network for oil and gas company Petronas at its LNG Complex in Bintulu, Sarawak. According to TM, this location is one of four Petronas sites installed with a Private 5G network. TM deployed the network along with the Digital Nasional Berhad (...

August 14, 2024

Malaysia

RadiusDC acquires data center in Miami

RadiusDC this week announced the acquisition of Miami I in the Sweetwater area of the city from NextStream, a data center operator in Latin America owned by Actis. RadiusDC said it plans to immediately expand the site's capacity from 3.2MW to 9.2MW. "We believe Miami I is an ideal asset to e...

August 14, 2024

Miami

Waterland Private Equity to acquire MVNO Lebara

Investment firm Waterland Private Equity has revealed its plans to acquire MVNO Lebara Group by buying out Alchemy and Triton Partners, the existing owners of Lebara since 2019. The company, founded in 2001 does not own a mobile spectrum license but sells mobile services to more than four mill...

August 13, 2024

Europe

TalkTalk strikes new refinancing agreement in UK

TalkTalk has struck a refinancing deal with lenders in the UK worth £400 million. This deal will enable TalkTalk to alleviate fears it would default on payments and extend its debt maturities to 2027. A group of SSN holders, a group of RCF banks, Ares Management Funds, and the company’s major ...

August 13, 2024

United Kingdom

Consensus Core selects Cologix for its Canadian deployment.

Artificial intelligence (AI) cloud provider Consensus Core has selected Cologix's Montreal data center for its Canadian deployment where it will offer its Nvidia-powered GPU-as-a-Service to the Canadian market. Wayne Lloyd, co-founder and CEO of Consensus Core, said of the partnership with Co...

August 11, 2024

Canada

JLL predicts Edge data center market to surpass $300bn by 2026

A report from real estate consulting firm JLL has predicted that the global Edge data center market will hit a valuation of $317 billion by 2026. The report notes that a surge in data-dependent technologies, including AI and the Internet of Things (IoT), will drive the market growth, which can...

August 11, 2024

United States

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