Data Center News

Skylo Technologies raises $37 million for expansion efforts

Direct-to-device satellite connectivity provider Skylo Technologies has raised $37 million from existing investors Intel Capital and Innovation Endeavours, and new backers BMW i Ventures, Samsung Catalyst, Next47, and Seraphim Space. This investment will help the company to expand its operatio...

February 15, 2024

United States

Former Sungard data center is up for sale in New Jersey

Via RI Marketplace, Real estate firm Marcus & Millichap is offering 1008 Virgil Avenue in Ridgefield, a former Sungard data center field as up for sale via auction and bidding for this property is set to begin March 25, with $750,000 listed as a starting bid. The listing reads, “The proper...

February 14, 2024

New Jersey

Aqua Comms signs new agreement with Energy Sciences Network for fiber pair

Aqua Comms has entered an agreement with Energy Sciences Network (ESnet) that for 25 percent of a fiber pair between New York, Dublin, and London. This agreement will last for 15 years and will give ESnet a dedicated 5Tbps data pipe on its AEC-1 subsea cable to accommodate data traffic from th...

February 09, 2024

New York State

Iris Energy and Poolside sign new partnership

Iris Energy and AI startup Poolside have gotten into an agreement to give the latter cloud access to Nvidia GPUs. According to Iris Energy, the initial contract is three months, with a potential three month extension. Daniel Roberts, co-Founder and co-CEO of Iris Energy, said: “We are pleased ...

February 08, 2024

Texas

Verizon reveals deployment of 130,000 Open RAN-cabaple radios

Verizon revealed in an announcement this week that it has deployed more than 130,000 Open RAN capable radios. The telco noted that the figure includes the massive MIMO radios as part of the previously announced 15,000 O-RAN compliant virtualized cell sites with O-RAN compliant baseband units i...

February 07, 2024

United States

General Atlantic to plans Actis acquisition

Growth equity firm General Atlantic has recently revealed plans to acquire sustainable infrastructure investor Actis. This deal will create an investment platform with about $96 billion in combined assets under management. Company head Torbjorn Caesar, who will continue to run the business, s...

January 18, 2024

United States

DigitalOcean to now offer Nvidia H100 GPUs

Cloud provider DigitalOcean which is dedicated to small-to-medium businesses and startups, has added to its GPU-accelerated cloud computing platform with Nvidia chips. With this new upgrade, DigitalOcean's ability to offer cloud-based artificial intelligence, machine learning applications, and...

January 17, 2024

United States

Seagate to ship 30TB hard drives with HAMR tech

Seagate Technology recently announced that it will be shipping 30TB hard drives based on its heat-assisted magnetic recording (HAMR) technology. The company expects to conclude full production by the end of March as hyperscale customers already have evaluation units and are planning to adopt i...

January 17, 2024

United States

Stonepeak invests $200 million into GTA

Investment fund Stonepeak has invested $200 million into Guam telecoms firm TeleGuam Holdings (GTA). Huntsman Family Investments and its affiliates (HFI) will continue to be the majority owner of GTA and operate the company which will divert the investment into developing additional cable land...

January 16, 2024

United States

Sandbox AQ acquires Good Chemistry

Alphabet quantum spinout Sandbox AQ has acquired quantum and computational chemistry startup Good Chemistry. Neither of the companies disclosed the terms of this acquisition. However, the Wall Street Journal reported that the deal is worth $75 million and comprises of cash and stock. SandboxAQ...

January 10, 2024

United States

TierPoint acquires multi-megawatt facility in Texas

US colocation provider TierPoint this week announced that it has acquired a multi-megawatt data center in Fort Worth, Texas. This data center located at 13701 Independence Parkway is the company’s third in the Dallas-Forth Worth area. The colocation provider noted that this facility sitting o...

January 09, 2024

Tierpoint Fort Worth

Richard Hegberg appointed as Aspinity’s CEO

Analog machine learning chip developer Aspinity has announced Richard Hegberg as its new CEO to replace the company’s co-founder Tom Doyle, who has held the position of CEO for the previous seven years. Doyle will, however, remain as a board member and will become the company’s chief operating...

January 06, 2024

United States

Microchip Technology awarded $162 million in CHIPS Act funding

Microcontroller manufacturer Microchip Technology is set to receive $162 million in funding from the US CHIPS and Science Act to support an increase in the company’s production of microcontroller units (MCUs) and other technology in the country. Ganesh Moorthy, President and CEO of Microchip,...

January 06, 2024

United States

Raleigh County suspends data center proposal indefinitely

West Virginia's Raleigh County Commission has indefinitely suspended a data center proposal for a new facility, which was to be developed between Flat Top Road and Joe Cooper Farm Road in Shady Spring. This development is now no longer under consideration with the County for lack of informatio...

January 05, 2024

West Virginia

Data Center sold in West Des Moines, Iowa

Wells Fargo recently sold 7001 Westown Parkway and 1725 68th Street, which had been listed on its site for a combined $16.5 million, to commercial and residential brokerage WB Realty Co. A JLL sales brochure described the property as offering 36,230 square meters of office space, along with an...

January 04, 2024

Iowa

Meta signs new EAPA in Illinois and Arkansas

Social media firm Meta has signed a 330MW solar Environmental Attributes Purchase Agreement (EAPA) with Adapture Renewables in Arkansas and Illinois. Following this agreement, Meta will buy solar energy from three of Adapture Renewables' solar projects that are currently under development in t...

January 03, 2024

Arkansas

Virginia residents file lawsuit over data center development

A group of residents in Prince William County, Virginia recently sued the Board of County Supervisors through their formed non-profit "Devlin Defend Corporation” over a data center development. The residents submitted this lawsuit on December 28, hoping to stop the development of a nine-buildi...

January 03, 2024

Virginia

Former SiFive executives join leadership team at MIPS

MIPS, a company focused on the development of high-performance RISC-V compute IP recently announced that two former SiFive executives have joined its executive leadership team. Drew Barbier has joined as VP of products and Brad Burgess has been named chief architect. Sameer Wasson, CEO of MIPS...

January 03, 2024

United States

Meta to proceed with 750,000 square feet facility in Rosemount city Council

The Rosemount City Council has voted unanimously in favor of the Meta data center development in Minnesota. Following this vote, the facility will be developed on part of the University of Minnesota's UMore Park. The approved plan d will see a 750,000 sq ft (69,670 sqm) data center campus be d...

December 28, 2023

Minnesota

Intel announces layoff plans across its Californian campuses

Intel has announced its plans to lay off 311 employees across two Californian campuses. This marks the second round of job cuts carried out by the company in California this year. Two separate "worker adjustment and retraining notifications" (WARNs) filed with the State of California’s Employ...

December 27, 2023

California

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