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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Oracle
Oracle has launched a second cloud region in Italy which will give organizations access to all of Oracle Cloud Infrastructure's cloud and AI services. According to Oracle, its sovereign capabilities will also help ensure that data remains within Italy's borders to help meet regulatory requirem...
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Verne Global
AI cloud provider Nscale has signed on to lease 15MW of capacity at Verne's data center campus in Iceland. The agreement will see Nscale deploying 4,600 Nvidia Blackwell Ultra GPUs across Verne's campus through 2026. The GPUs will be 85 percent liquid-cooled and 15 percent air-cooled.Dominic W...
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Texas
US operator TRG Datacenters this week announced it has broken ground on HOU2, the second data center on its Spring, Texas campus. The purpose-built HOU2, located at 2626 Spring Cyprus Road, will add 24MW across 110,000 sq ft (10,219 sqm). “TRG’s strong track record of delivering high-quality i...
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Brookfield Asset Management
Investment giant Brookfield announced the launch of a global AI Infrastructure program in partnership with GPU giant Nvidia and the Kuwait Investment Authority (KIA).Sikander Rashid, head of AI infrastructure at Brookfield, said: “AI is creating one of the largest infrastructure buildouts in h...
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Digital Realty Trust
Colo giant Digital Realty has signed a $373 million supply capacity agreement (SCA) with Schneider Electric for data center power equipment. The two companies have a longstanding partnership, and this agreement will “support rising capacity demands and deliver greater supply chain resilience.”...
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United States
Google to Invest €5.5bn in Data Centers in GermanyGoogle has announced a €5.5 billion ($6.38 billion) commitment to expanding its data center and office footprint in Germany, which will include a new facility in Dietzenbach, as well as continued investments in Google's existing campus in Hanau...
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Google has signed a 15-year Power Purchase Agreement (PPA) with French energy firm TotalEnergies for power from a solar farm in Williams County, Ohio. Under the terms of the PPA, Total will supply Google with 1.5TWh of power from the 49MW Montpelier solar farm, which is expected to reach opera...
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Vast Data has signed agreements with Google Cloud and CoreWeave for its Vast AI Operating System. The AI storage and platform provider will, with Google Cloud, make its AI OS available as a fully managed service across hybrid environments, while CoreWeave has expanded its ongoing contract with...
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Vietnam
Kinh Bac City Development Holding Corporation (KBC) signed a Memorandum of Understanding (MoU) with Accelerated Infrastructure Capital (AIC) and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) late last month to develop an AI data center complex in Ho Chi Minh City.The ...
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Google has signed a 100MW Power Purchase Agreement (PPA) with Treaty Oak Clean Energy (TOCE) for power from the Redfield Solar Project, Grant County, Arkansas. The power generated is expected to support the company’s data center portfolio across the Midcontinent Independent System Operator (MI...
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South Carolina
US data center operator DartPoints this week announced a $125 million expansion of its Greenville County facility, increasing its capacity from 2.5MW to 12.5MW, and adding 88,000 square feet (8,175 sqm) of high-density space.“This project builds on DartPoints’ collaboration with state and loca...
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United States
US data center firm Flexential has completed an $800 million asset-backed securities (ABS) offering to support its growth and investment strategy. Proceeds will be used to repay a portion of Flexential's outstanding ABS debt and support the company's long-term financing strategy."Completing th...
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Northern Data AG
German technology group Northern Data has received a firm offer to be acquired by an 'alt-tech' video platform and cloud services provider. The transaction, which would include Northern's colocation and cloud businesses, is expected to close in the second quarter of 2026.John Hoffman, co-CEO o...
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United States
La Rosa Holdings Corp. this week announced it has secured $1.25 billion in financing facilities from institutional investors to fuel a move into the data center space.The financing includes $1 billion equity purchase facility and a $250 million private placement convertible note facility. The ...
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Amazon AWS
Amazon has rebranded its satellite venture from Project Kuiper to simply Amazon Leo. The company currently has more than 150 Low Earth Orbit (LEO) satellites in orbit, with several thousand more planned in the coming years.“Like most early Amazon projects, the program needed a code name, and t...
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Sydney
Starwood Capital Group, Doma Infrastructure Group, and Telstra InfraCo this week announced the formation of a strategic agreement to develop a carrier-neutral data center in Minchinbury, Western Sydney.Starwood Capital and Doma are responsible for financing, development, construction, and ongo...
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Poland
Polish real estate firm DL Invest Group and cloud gaming firm Boosteroid this week announced a joint venture partnership to build and develop a network of “modern, high-performance data centers across Europe, equipped with the most powerful cloud infrastructure on the continent.”“This partners...
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Norway
A new data center startup has launched in Norway, aiming to launch “AI factories” in Scandinavia. The company aims to develop “AI factories” powered by surplus renewable energy (namely hydroelectric) in the Nordics.The company is reportedly initially targeting developments at 11 sites in Norwa...
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South Africa
South African real estate firm the Cavaleros Group is looking to move into the data center sector with plans for two campuses and has launched a new unit, Cosmas Data Cities, which plans to develop two sites in Johannesburg and Cape Town.“For over five decades, the Cavaleros Group has built a ...
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United States
Trillium Technologies has had a $300 million fully collateralized private placement debt approved for the development and monetization of compute credits for the Archeo Futurus cloud platform.Proceeds will be used to expand Archeo's infrastructure. Archeo was developed in collaboration with AM...
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