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Data Centre Developer Sues New Jersey Town for $300m

Data centre developer Hexa Builders is seeking $300 million in damages from Monroe Township, New Jersey, after officials rejected its proposed 1 million sq ft data centre in May. The lawsuit, filed in New Jersey Superior Court, alleges the township council and planning board violated multiple constitutional rights, including zoning authority, fundamental fairness, and First and Fourteenth Amendment protections. Hexa argues the application was rejected because of the township’s opposition to d...

August 01, 2026

Posted by: Abdul-Rahman Oladimeji

New Jersey

August 07, 2025

Galaxy Data Center to Invest $2bn in Data Centers in Thailand

Thailand / Prathet Thai

China's Galaxy Data Center (GDC) has announced that it will invest $2bn in data centers in Thailand after the “Prime Minister meets investors: Confidence in Thailand’s future” investor forum held in Thailand at the Government House’s Peace and Friendship Building.Feng Hui, the founder of GDC, ...

August 06, 2025

Fal Raises $125m in Series C Funding Round

United States

Artificial intelligence infrastructure provider and video, image, and audio provider Fal has raised $125 million and has closed its Series C round, which saw the company valued at $1.5 billion.Posting to LinkedIn, Fal wrote: “Fal’s Generative Media Cloud now powers tens of thousands of applica...

August 05, 2025

YPlasma Secures $2.5 Million for Plasma-Based Cooling Technology

Spain

Spanish startup YPlasma has secured $2.5 million in seed funding to further develop its fanless plasma-based cooling technology in a round led by deep tech venture capital firm Faber, with participation from global VC firm SOSV. The funding will support the expansion of YPlasma’s research and ...

August 04, 2025

Vermaland Plans $33bn Data Center in Arizona

Arizona

Land developer Vermaland is planning a $33bn data center in Arizona dubbed the La Osa Project. The potential facility would be located in Pinal County on a 3,300-acre site south of Eloy, which is a city in between Phoenix and Tucson. The land parcel is located along the Greene Canal.Once devel...

August 02, 2025

AWS Achieves $123bn Annualized Revenue Run Rate

Amazon AWS

Amazon Web Services (AWS) has achieved an annualized revenue run rate of more than $123 billion, CEO Andy Jassy revealed in the company's Q2 2025 earnings call.The cloud unit saw a revenue of $30.9bn for the quarter, up 17.5 percent year over year (YoY) and more than the previous quarter's $29...

August 01, 2025

eStruxture Secures US$1 Billion in Data Center ABS Financing

Canada

eStruxture Data Centers this week announced CA$1.35bn (US$967.9m) in financing to fund the development of AI-ready data centers across Canada. The financing includes the first rated, Canadian asset-only data center securitization, raising a total of C$750m (US$542.8m) from its inaugural issuan...

August 01, 2025

Arjun Infrastructure Buys Stake in Data4

DATA4 Group

European data center firm Data4 this week announced Arjun Infrastructure Partners has acquired a stake in a stabilised data center portfolio (aka StableCo) operated by Data4 and featuring facilities in France, Spain, and Italy.Arjun secured a 30 percent stake in the StableCo portfolio, which c...

July 31, 2025

PDG Secures $160m Green Loan for Mumbai Data Center

Princeton Digital Group

APAC data center firm Princeton Digital Group (PDG) this week announced it has secured $160 million in green loans for its MU1 data center campus in Navi Mumbai, India. The financing, provided by local financial firms Axis Bank, Kotak Mahindra Bank, and Canara Bank, will be used to fund the co...

July 31, 2025

Apple to Increase AI Investments

United States

Apple is planning to increase its investment in AI infrastructure as CEO Tim Cook and CFO Kevan Parekh recently told analysts that they expect capex to grow "substantially." The spending will, in a large part, be driven by the company's focus on AI, with Parekh stating that this will see the c...

July 28, 2025

TalkTalk Secures £100m Investment

United Kingdom

TalkTalk Group has secured £100 million ($134m) in new funding from an existing shareholder. This includes approximately £50m ($67m) of non-core asset sales recently announced and amendments to existing debt facilities, allowing interest to be capitalized, increasing funding capacity by more t...

July 26, 2025

AT&T Expects Billion-Dollar Tax Windfall

AT&T

AT&T CEO John Stankey views President Donald Trump’s recently passed budget as a financial windfall for the telecommunications space and teased an appetite for more fiber to feed growing market opportunities around its wired and wireless broadband services.“I've not seen the situation wher...

July 26, 2025

Bitzero Secures $25m in Funding

United States

Crypto and HPC data center firm Bitzero this week announced it has secured $25 million in funding for its mining operations. A part of the funding will be allocated to the purchase of 2,900 Bitmain S21 Pro miners, with hardware deployment set to be completed within four to six months.“Our mis...

July 26, 2025

5C Secures $835m from Brookfield

5C Data Centers

Canadian data center group 5C this week announced that it has successfully secured $835 million, including equity financing led by Brookfield Asset Management and debt financing led by Deutsche Bank.“5C is positioned to play a pivotal role in the AI revolution, and we are excited to welcome Br...

July 25, 2025

EdgeCore Secures $235 Million in ABS Financing

United States

US data center firm EdgeCore Digital Infrastructure this week announced the completion of an asset-backed securitization (ABS), totaling $235 million. Proceeds will be used to refinance construction loans and fund future green data center development."EdgeCore's rapid, exponential growth conti...

July 25, 2025

Edge Data Center Firm Armada Raises $131m

United States

Containerized Edge data center company Armada has raised $131 million from investors and launched a new megawatt-scale product. The new funding round includes new investors Pinegrove Veriten and Glade Brook, as well as participation from existing investors such as Founders Fund, Lux Capital, S...

July 23, 2025

Anthropic to Seek Gulf state Investments

United States

Anthropic will seek Gulf state investments, according to a leaked memo from CEO Dario Amodei.The leaked Slack message sent by Amodei to company staff on July 20 stated: “There is a truly giant amount of capital in the Middle East, easily $100B or more. If we want to stay on the frontier, we ga...

July 23, 2025

Scala Closes $328 Million Expansion Deal

Scala Data Centers

Scala Data Centers has successfully closed its first international project financing, securing $254 million in long-term financing for the construction of three hyperscale data centers and a critical power substation in Chile. The financing is set to fund the expansion of Scala's presence in t...

July 23, 2025

Activate Capital Invests in Xnrgy

North America

Venture capital firm Activate Capital this week announced a strategic investment in Xnergy Climate System, a North American manufacturer of air handling and liquid cooling technologies. This investment will support Xnrgy's growth, expand its domestic manufacturing presence, and accelerate the...

July 22, 2025

Equinix to Pay $41.5m to Settle Malpractice Lawsuit

Equinix

Equinix has agreed to pay $41.5 million as a settlement with the plaintiffs in a class action that alleged it misled its shareholders. According to Hindenburg’s March 2024 report, Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs.It claimed that...

July 22, 2025

Vertiv Acquires Great Lakes for $200 Million

United States

Vertiv has acquired the Great Lakes Data Racks & Cabinets family of companies, a maker of server racks for $200 million. Vertiv said the acquisition is expected to enhance its capacity to deliver pre-engineered, AI-ready rack solutions optimized for the enterprise, Edge, colocation, and hy...

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Data Center News

Galaxy Data Center to Invest $2bn in Data Centers in Thailand

Fal Raises $125m in Series C Funding Round

YPlasma Secures $2.5 Million for Plasma-Based Cooling Technology

Vermaland Plans $33bn Data Center in Arizona

AWS Achieves $123bn Annualized Revenue Run Rate

eStruxture Secures US$1 Billion in Data Center ABS Financing

Arjun Infrastructure Buys Stake in Data4

PDG Secures $160m Green Loan for Mumbai Data Center

Apple to Increase AI Investments

TalkTalk Secures £100m Investment

AT&T Expects Billion-Dollar Tax Windfall

Bitzero Secures $25m in Funding

5C Secures $835m from Brookfield

EdgeCore Secures $235 Million in ABS Financing

Edge Data Center Firm Armada Raises $131m

Anthropic to Seek Gulf state Investments

Scala Closes $328 Million Expansion Deal

Activate Capital Invests in Xnrgy

Equinix to Pay $41.5m to Settle Malpractice Lawsuit

Vertiv Acquires Great Lakes for $200 Million

Ready to Level up Your Data Center Strategy?

Ready to Level up Your
Data Center Strategy?