Top Data Center News for 19th - 24th October, 2026

TerraWatt Proposes Up to 1GW Data Center at Former Alton Steel Site
TerraWatt has proposed buying Alton Steel's 381-acre Illinois mill site and building a data center campus of up to 1GW there, to be built in 200MW blocks up to a 1GW total, with each block carrying an estimated $2.64 billion investment, nearly 5,000 construction jobs and 50 permanent jobs.

Anthropic, Nscale Discuss Second $45B Deal at West Virginia Campus
Nscale is discussing the sale of Anthropic roughly $45 biFeatured: High-resolution architectural concept rendering of Tract's proposed Durham Technology Park campus showing the planned data center buildings.llion of AI computing capacity from a second building at its Monarch data center campus in West Virginia, a deal that would nearly double the AI lab's commitments to the Nvidia-backed neocloud.

Amazon Pledges €16B For Germany In 2027
Amazon plans to invest more than €16 billion ($18 billion) in Germany in 2027, including €4.8 billion to expand the AWS Europe (Frankfurt) region, the Frankfurt allocation being the largest disclosed piece of the pledge.

NorthC Breaks Ground on 4.5MW Geneva Data Center in Switzerland
NorthC has started construction on its sixth data center in Switzerland, a 4.5MW facility in Meyrin on the edge of Geneva. The building at The Hive technology park will deliver 4.5MW of IT capacity across 5,400 square meters (58,125 sq ft), released in phases of 1.5MW,

Nebius Secures $3.5B Senior Secured Facility From Citi
Nebius Group has received $3.5 billion from Citi under a senior secured facility that matures in 364 days with plans to use the proceeds for data center development and GPU procurement, along with general corporate purposes.