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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Akamai Technologies announced this week that it would be offering managed container services for companies seeking to run their workloads closer to users, devices, and sources of data. The offering will be available from the 700-plus cities where Akamai has servers located including more than ...
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Italian oil giant Eni has signed a Letter of Intent with investment firm MGX and G42 to develop up to 1GW of data centers in Italy. The first project is planned around Ferrera Erbognone, in Lombardy, Italy, already home to Eni’s own data center, and will be developed in two phases of up to 500...
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Saudi-based data center developer DataVolt is to build a facility in Riyadh. The company and the Saudi Authority for Industrial Cities and Technology Zones (MODON) have agreed on land lease terms for the development of an AI-ready data center in Riyadh.“We are providing mission-critical digita...
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French cloud computing provider Sesterce is investing €450 million ($471.85m) into developing an AI data center set to be located in the Rovaltain business park in Valence Romans Agglo, and will house 40,000 GPUs for the training and deployment of AI. Works will commence in September 2025 with...
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Data center developer ImpactData has partnered with Raeden, signing a joint venture (JV) agreement to support the development of a 20MW turnkey colocation data center in Greensboro, North Carolina. Jet.AI, a company that develops AI solutions for the aviation industry, is selling its aviation ...
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Finnish quantum startup SemiQon has raised €17.5 million ($18.3m) to support the development of cryogenic CMOS (complementary metal-oxide semiconductor) technology. €15m ($15.7m) was in equity and €2.5m ($2.6m) came from European Innovation Council grants.SemiQon unveiled its first cryo-CMOS t...
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Microsoft has partnered with Clearloop to deploy up to 100MW of solar projects over the next three years in historically underinvested communities across the US, spanning 20 socioeconomically diverse American communities, including in Arkansas and Louisiana.“We applaud Microsoft for using its ...
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Data center firm Core Scientific which develops cryptomine and HPC data centers, this week announced plans for a facility in Auburn, Lee County. The company said its Auburn data center will housed within the existing AUBix facility at 1571 W Samford Avenue. It will launch with a capacity of 16...
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Data center developer ImpactData has partnered with Raeden, signing a joint venture (JV) agreement to support the development of a 20MW turnkey colocation data center in Greensboro, North Carolina.“ImpactData’s strong efforts to obtain readily buildable land and near-term deliverable power fro...
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Cryptomining firm BitFuFu this week announced it has signed a definitive agreement and acquired a majority ownership in a 51MW operational Bitcoin mining data center in Oklahoma. The transaction was funded with cash from BitFuFu’s balance sheet and common stock.“We have made significant progre...
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Jet.AI, a company that develops AI solutions for the aviation industry, is selling its aviation business and pivoting to developing data centers. The company is in the process of planning a 50MW facility around Las Vegas for its debut project. FlyExclusive will acquire the business in conjunct...
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Data center investment firm Aphorio Carter this week announced the acquisition of data centers in Louisville and Simpsonville for a combined purchase price of approximately $35 million. The two properties operate as enterprise data centers occupied by the same Fortune 200 tenant.Each data cent...
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Machine Investment Group and its affiliates this week announced the purchase of two former LSC Communications industrial facilities in Lancaster, Pennsylvania to be redeveloped into data centers. The two separate locations, totaling more than two million square feet will be redeveloped into da...
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Bitfarms last week announced it had tapped Appleby Strategy Group (ASG) and World Wide Technology (WWT), to conduct a comprehensive feasibility analysis on all its North American sites and advise on its global HPC/AI strategy. According to the company, ASG and WWT are evaluating Bitfarms’ ener...
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Direct-to-chip cooling specialist Accelsius has partnered with Nordik Data Centers to build an AI data center in Montreal, Canada. The company said it has more than two million sq ft (185,800 sqm) of “ready to develop land," fully equipped with infrastructure and redundant fiber connectivity. ...
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American Real Estate Partners (AREP), an institutional real estate fund manager and operating company, this week announced the closing of its fourth real estate GP fund, AREP Strategic Opportunity Fund IV with $309 million in equity commitments.“This $309 million raise signals both tremendous ...
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Vantage Data Centers is asking to rezone the Smith Family Farms land, a 618 acres of farmland as "warehouse industrial," and intends to use 285 acres of the parcel for data center development. Plans for the remaining land have not been shared.At least three data center buildings will be develo...
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STMicroelectronics has launched a new data center photonics chip, developed in collaboration with Amazon Web Services (AWS). The PIC100 chip was developed to support incoming 800Gbps and 1.6Tbps optical interconnects across all workloads, including artificial intelligence (AI).“AI is changing ...
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GPU cloud provider Fluidstack has signed a Memorandum of Understanding with the French government to build an AI supercomputer in the country which will be one of the world’s largest low-carbon AI supercomputers. The facility set to house the system will offer 1GW of dedicated AI compute and w...
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Quantum component manufacturer Infleqtion has successfully demonstrated a 16x16 neutral atom array, the largest reported array of its kind in the UK, a step which the company notes is crucial toward building scalable quantum processors capable of supporting fault-tolerant quantum computing.“We...
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