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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
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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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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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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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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Aramco's venture capital arm Wa'ed Ventures has invested in UK AI cloud provider Ori to support Ori's expansion into the Middle East market over the next 12 months. The investment follows Ori's recent £140 million ($176.23m) raise, and the AI cloud provider has another larger raise underway th...
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The European Commission is to spend billions of Euros on developing new AI supercomputing clusters. Commission President Ursula von der Leyen announced the launch of InvestAI, an initiative to mobilize €200 billion ($209bn) for investment in AI, including a new European fund of €20bn ($20.9bn)...
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Microsoft Azure
Bitcoin miner Riot Platforms is considering an expansion into artificial intelligence and high-performance computing workloads and has appointed three new directors to its board to evaluate whether spare capacity can be repurposed.Riot, which develops some of the largest mining facilities in t...
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Quantinuum has successfully deployed its Reimei quantum computer at the Wako, Saitama, campus of Japanese research institute Riken. It is now fully operational and will be used to accelerate quantum applications across physics and chemistry.The Quantinuum H1-1 ion trap quantum computer contain...
Read moreNetherlands-based NXP Semiconductors has acquired AI chip startup Kinara in a $307 million all-cash agreement. The company says this acquisition would enable it to “enhance and strengthen” its ability to provide scalable AI platforms by combining Kinara’s NPUs and AI software with NXP’s soluti...
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Chinese cloud company Alibaba Cloud has launched its first Mexican cloud region located in Querétaro with one availability zone. The new region brings Alibaba's total network to 87 availability zones across 29 regions. Details about the data center hosting the region have not been shared.“The ...
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United States
DeepSeek's announcement of a new large language model achieving state-of-the-art performance at significantly reduced computational costs sent shockwaves through the AI infrastructure market, triggering a $1.2 trillion market decline and a 15% drop in Nvidia's stock value. The market's reactio...
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Verizon Enterprise
Verizon has launched a new AI-centric network offering called Verizon AI Connect, an integrated suite of solutions and products designed to “enable businesses to deploy artificial intelligence (AI) workloads at scale.” The telco s looking to make its underutilized data center assets available ...
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New York
Chiplet technology startup Baya Systems has raised more than $36 million in a Series B funding round led by Maverick Silicon and backed by a strategic investment from Synopsys. It also saw participation from current investors, including Matrix Partners and Intel Capital.Growing AI workloads ar...
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Canada
The Canadian government has announced more than CA$74 million (US$52 million) in funding for quantum technology projects which will be used to support 107 initiatives spanning quantum computing, communications, encryption, materials, and sensing.The government said the funding package aligns w...
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New York
GlobalFoundries (GF) has announced plans to build an Advanced Packaging and Photonics Center in the state of New York, USA, described as the center as “the first of its kind.” The company said the new facility would allow semiconductors to be “securely manufactured, processed, packaged, and te...
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Oracle
UK AI defense company Adarga is teaming up with Oracle Cloud to offer Adarga's defense and security software Vantage via Oracle Cloud Infrastructure and Oracle's distributed cloud. Vantage will initially be deployed in the Oracle Cloud for UK Government and Defence, Oracle's cloud region spec...
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International pharmaceutical group Servier has expanded its partnership with Google Cloud to accelerate the research and development (R&D) of pharmaceuticals.This expanded five-year agreement will see Servier using Google Cloud's AI offerings for R&D. Google Cloud will help Servier to ...
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Applied Digital
Investment firm Macquarie Asset Management (MAM) is set to invest $5 billion into Applied, a cryptomining firm pivoting to AI and HPC data centers. Under the deal, MAM will invest up to $900 million in Applied's Ellendale campus in development in North Dakota, and has the right of first refusa...
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Australia
Australian carrier Telstra has this week detailed plans to form a joint venture (JV) with Accenture to speed up the company's data and AI roadmap. Telstra noted that the JV will enable its teams to operate more efficiently and effectively. The JV, which is set to be 60 percent owned by Accentu...
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