Data Center News

Lumen, a US telco, loses $8.74bn due to non-cash impairment

In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization ...

August 03, 2023

Lumen Technologies

Mubadala makes an investment in Aligned Data Centers and acquires a minority stake

Mubadala Investment Company, the sovereign investment branch of Abu Dhabi, has invested in Aligned Data Centers. Mubadala will become a minority shareholder in the U.S. company, although the scale of the investment was not disclosed. Macquarie Asset Management remains the majority shareholder ...

August 02, 2023

Aligned

Blackstone and QTS to build data centers worth $8bn for "once in a generation" AI growth

The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its ...

August 01, 2023

QTS Data Centers

Costs projected to rise as meta capex for data centers, servers, and networks reaches $6.4 billion

In the last quarter, Meta's capital expenditures reached $6.4 billion due to investments in data centers, servers, and network infrastructure. This is a decrease from the $7.1 billion the company spent in the previous quarter, but the Facebook proprietor is now done with a data center restruct...

July 28, 2023

Meta

QTS acquires 400 acres in South Carolina's York County

A new campus for its data centers is being built by QTS on 400 acres of land in York County, South Carolina. Citing York County real estate documents, BizJournal reports that two entities linked with QTS Realty Trust LLC have acquired nearly 400 acres off S.C. Highway 274 for more than $11.2 m...

July 27, 2023

QTS Data Centers

EdgeConneX announces deployment of AWS Direct Connect in Phoenix data center

EdgeConneX has announced the deployment of AWS Direct Connect with both 10Gbps and 100Gbps capability at the Phoenix Edge Data Center (PHX01). The company shared that this will enable customers to establish direct edge cloud on-ramps. This, it shared, can reportedly reduce costs, improve oper...

July 19, 2023

EdgeConneX

Flexential to expand Georgia and Oregon data center campuses

A second building is anticipated at its new campus in Atlanta, and a fifth building will be constructed in Hillsboro, according to Flexential's announcement of new data center developments in Georgia and Oregon. This week, the company revealed the construction of a 36MW phased development on i...

July 11, 2023

Flexential

Ampere to facilitate the development of more climate-friendly data centers?

Ampere, a chip startup, has launched new family of data center chips, which are pegged to make data centers more energy efficient and climate-friendly. Headquartered in the Bay Area, the company's solution is based on designs from Arm Holdings, the same technology used in mobile phones. This ...

June 30, 2023

Oracle

Meta shares details on AI progress and data center redesign

After announcing that it was canceling or pausing data center projects that were in mid-development last year, Meta has finally revealed some details on its AI-optimized data centers. The giant has shared that it is working on a custom chip "family" to bolster the efficiency of its data center...

May 25, 2023

Meta

QTS Realty Secures a $800m Data Center Refinancing Contract

QTS Realty, owned by Blackstone, has refinanced four data center properties. Citigroup leads a consortium of four institutions that provided the loan. It will be used to refinance QTS' existing $667 million debt and provide the funds necessary to finance tenant build-outs.The refinancing is gi...

May 25, 2023

QTS Data Centers

Aligned Data Centers Concludes the Purchase of Odata

Odata, a LATAM provider of data centers, has been fully acquired by Aligned Data Centers. According to Aligned, the transaction places the company among the biggest private data center owners in the Americas, with more than 2.5GW of critical capacity throughout over 40 data centers at full bui...

May 25, 2023

Aligned

rPlus Energies signs 200MW PPA with Idaho Power, supporting Meta

rPlus Energies has announced that it has signed a 200MW power purchase agreement (PPA) with Idaho Power, which has a special energy services agreement with Meta; output from the project will go into the same grid supporting Meta's new Kuna data center. The Ada County, Idaho solar farm, known a...

May 24, 2023

Meta

QTS begins work on Phoenix data center

QTS has begun construction work on its Phoenix, Arizona data center PHX2 DC5. The company reportedly broke ground on the facility in March; it is set to span 337,330 sq ft (31,339 sqm) on 85 acres, offering 42 MW of capacity. The company shared that on March 21, it hosted a groundbreaking eve...

May 18, 2023

QTS Data Centers

Water requirements for Meta’s Toledo town data center released

Details regarding Meta's water consumption at a planned data center in Toledo have been released, revealing that yearly the facility will guzzle an estimated 660 million gallons of water. The facility was given the green light by Castilla-La Mancha back in March as a PSI, due to the economic i...

May 18, 2023

Meta

Aligned Gets Maryland Data Center Planning Permission

Planning approval has been given for Aligned Data Centers to build a data center on the enormous Quantum Loophole campus in Frederick County, Maryland. Last week, the Frederick County Planning Commission authorized the initial site plan for the Quantum Loophole campus's first data center. The ...

May 18, 2023

Aligned

Aligned Data Centers Enters Canada, Invests In QScale

Aligned Data Centers has invested in the Canadian company QScale. The "strategic investment" received "strong support" from existing shareholders, according to QScale. The scale of the investment was not disclosed; however, it is described as a "major financing round" and is anticipated to cl...

May 09, 2023

Aligned

Novva Data Centers announces New facility in Tahoe-Reno region

Novva Data Centers has announced a new data center in Storey County. Set to go live in late 2024, the facility will span 300,000 sqft on a 20 acre-campus and offering 60 MW of capacity. The data center will have a total of six 10MW data halls and accommodate high-density deployments with hot a...

May 08, 2023

Novva Data Centers

DataBank Begins Construction of a New Data Facility in Atlanta, Georgia

DataBank has begun constructing a new data center in Atlanta, Georgia, and has completed an expansion in San Diego, California.The US-based business announced the start of construction on its ATL4 data center in Atlanta last week. The colocation facility, located at 200 Selig Drive, will incl...

May 04, 2023

DataBank

QTS reveals latest plans for campus in Prince William County's Digital Gateway

Last week, QTS submitted the third draft of its plans for the controversial and hotly debated Prince William Digital Gateway to the Prince William County government. The updated plan shows the company's intention to increase the size of its proposed buildings. QTS has also requested a waiver t...

May 03, 2023

QTS Data Centers

The circular economy in action at Meta's Gallatin data center through new mushroom project

In an effort to curb construction waste, Meta has announced a new project that is using mushrooms to help mitigate some of the 660 million tons of waste sent to landfills and incinerators each year. The giant has been working with Mycocycle, a tech company in the zero-waste market, to pilot th...

April 27, 2023

Meta

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