**
**Microsoft has ...](https://cdn.baxtel.com/data-center/top-data-center-news-for-12th-17th-october-2026/logo/top-data-center-news-for-12th-17th-october-2026-featured.png){kind=logo}
Microsoft Acquires 600 Acres for Data Center Development in Woodward, Iowa
Microsoft has acquired 600 acres in Woodward, around 30 miles northwest of Des Moines, Iowa, valued at around $37.4 million, for a potential gigawatt scale data center campus expected to support cloud computing and data storage rather than AI training.
SWI Raises €800m to Fund Data Center Expansion
European real estate investor SWI has raised €800 million ($892.4m) through a capital increase involving institutional investors and new share issuance. The Euronext Amsterdam-listed company will use the funds to expand its data center and AI compute platforms across Europe and the US, including power infrastructure, compute deployments, and its development pipeline. SWI’s total equity raised since March 2026 has now exceeded €1 billion ($1.1bn).
Digital Realty Plans Gigawatt-Scale Facility Near Indianapolis, Indiana
Digital Realty has revealed plans to develop a gigawatt-scale data center campus on 476 acres in Kokomo, Indiana, comprising three single-story buildings.
Kokomo, to potentially deliver 1GW of IT capacity across three million sq ft (278,710 sqm), with completion targeted for 2033.
Digi Power X Secures $200m Funding for Alabama AI Data Center
Data center and energy infrastructure developer Digi Power X has secured a $200 million debt financing commitment provided by an unnamed major lender to support its 40MW data center in Columbiana, Alabama, which is being built in two phases: 15MW by the end of 2026 and an additional 25MW by the end of Q1 2027.
Serverfarm Completes Structure of First Data Center at Arkansas Campus
Serverfarm has topped out the first building at its new data center campus in Clarksville, Arkansas, a two-story ARK1 facility offering 108MW of capacity across 300,000 sq ft (27,870 sqm). The completed Clarksville campus will comprise four buildings totaling 1.2 million sq ft (111,485 sqm) and 432MW as the company shows commitment to the area with aims to be a long-term community partner.
