Data Center News

Zettabyte Secures Undisclosed Investment from Headline Asia

Asia-Pacific (APAC)

Taiwan-based AI cloud provider Zettabyte has received investment from Headline Asia. The terms of the deal have not been provided, including the value of the investment, but it will be used to support Zettabyte's expansion in Japan."Japan is entering a new build cycle for AI infrastructure, dr...

Perplexity Signs $750m Cloud Agreement with Microsoft

Microsoft Azure

AI-powered search engine Perplexity has signed a three year $750 million cloud computing agreement with Microsoft, reports Bloomberg. This is the first cloud agreement Perplexity has signed outside of Amazon Web Services (AWS), of which it has a long-term partnership.“We are excited to partner...

Wisconsin State Assembly Passes Bill Creating New Rate Class for Data Centers

Wisconsin lawmakers have passed a bill that aims to protect ratepayers from cost increases tied to data center expansion. The Wisconsin State Assembly passed AB 840 by a vote of 53-44. The bill sets out several protections for ratepayers, including preventing data center operators from passing...

Humain and Infra Set up $1.2bn Financing Package to Fund 250MW of Data Center Space

Humain

Data center firm Humain and Saudi Arabia’s National Infrastructure Fund (Infra) has set up a financing agreement for the $1.2 billion it needs to build 250MW of data center capacity in the Kingdom.According to the partners, the agreement outlines non-binding financing terms for Humain’s develo...

Sapience AI Secures $8.8m in Funding

Slovakian AI cloud startup Sapience AI has received investment from Southeast Asian holding company and e-commerce platform Society Pass Inc.Society Pass has made a minority investment worth $8.8 million in Sapience AI with the aim of expanding its presence in Europe. The investment marks Soci...

Sharon AI Secures $500m Debt Facility from USD.AI

United States

Aussie neocloud Sharon AI has secured a $500 million debt facility to expand its AI infrastructure in Australia and the wider Asia Pacific region. The debt facility has been provided by USD.AI's on-chain credit system and will enable Sharon AI to deploy GPUs financed with stablecoin liquidity....

BharathCloud selects JLL as partner for $100m AI cloud expansion plan

India / Bhārata

Indian AI cloud company BharathCloud has teamed up with JLL for its planned expansion across India and "select international locations."  BharathCloud plans to invest the $100m over the next five years, subject to board approvals, with JLL set to help the company select colocation sites and wi...

Verizon Secures Approval for $20bn Frontier Acquisition

Verizon Enterprise

Verizon has secured all regulatory approvals to close its acquisition of Frontier Communications. It comes as the carrier this week received approval from the California Public Utilities Commission (CPUC) to push ahead with the deal.“California isn’t just approving a merger, we’re securing rea...

DC Blox Secures $240 Million in Holdco Financing

DC BLOX

US data center operator DC Blox has secured $240 million in holdco financing from BlackRock subsidiary Global Infrastructure Partners. Holdco financing is a financial instrument that allows an investing parent company like GIP to raise debt on behalf of a subsidiary like DC Blox. “We are excit...

Avaio to Develop $6bn Data Center Campus in Little Rock, Arkansas

AVAIO Digital Partners

Avaio Digital Partners this week announced plans for a new data center hub near Little Rock in Pulaski County, Arkansas. Known as Avaio Digital Leo, Avaio is currently contracted with Entergy Arkansas for 150MW of power, but the company anticipates power demand of up to 1GW as the 760-acre cam...

New Jersey Senate Advances Bill to Establish New Rate Class for Data Centers

New Jersey

The New Jersey Senate has advanced a bill that would create new tariff classes for “large load” data centers in an effort to protect ratepayers in the state from cost increases.The bill, cosponsored by ten Democrat lawmakers, would require public electrical utilities in the state to submit pro...

Macquire Group Invests €117m in Polarise for Data Center Fit Out

Polarise

Investment bank Macquire Group and data center infrastructure startup Polarise have formed a "strategic financing partnership" to support the fit-out of the latter's data centers. The partnership is worth up to €117 million ($136.65m).Michel Boutouil, CEO of Polarise, said: “This financing is ...

OVHcloud Aims for Annual Revenue of €2bn

OVH Group

OVHcloud has published its earnings for the first quarter of 2026, with public cloud doing much of the heavy lifting. Revenue for the first quarter totaled €275.3 million ($320bn), up six percent Year-on-Year (YoY). This is further broken down into private cloud (€167.2m/$194.41m- up four perc...

SB Energy to Build and Operate OpenAI's 1.2GW Stargate Data Center in Milam County, Texas

Texas

SoftBank subsidiary SB Energy has partnered with OpenAI to build and operate the previously announced 1.2 GW Stargate data center in Milam County, Texas. SB Energy will provide the project's powered infrastructure, while SoftBank and OpenAI invest $1 billion in the company to support its growt...

xAI Confirms New Data Center in Mississippi

Mississippi

Elon Musk’s AI company xAI has confirmed it is set to build a third data center in Mississippi, and will invest more than $20 billion in the state. The data center in Southhaven, DeSoto County, which will be known as MACROHARDRR – an apparent dig at Microsoft – will supply compute power for th...

Exus Renewables Closes $400m Credit Facility

North America

Exus Renewables North America has closed a $400 million senior secured corporate credit facility to fund the expansion of its utility-scale wind, solar, and battery storage portfolio. The company noted that the expansion would support it in meeting huge demand emanating from the data center ma...

Microsoft Plans $400m Data Center in Castroville, Texas

Microsoft Azure

Microsoft is planning to invest $400 million in a data center project in Castroville, Texas. Dubbed SAT 82, the data center will be located at 2580 Farm to Market Road, 471 N in Castroville, a town to the west of San Antonio.  The data center will span 195,670 sq ft (18,178 sqm) across one sto...

Elon Musk's xAI Raises $20bn to Fund Data Center Build-out

United States

Elon Musk’s xAI has raised $20 billion to help fund its data center build-out. Financial backers include Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group.“This financing will accelerate our world-leadin...

Chad Invests €175m in National Data Center and Networks

Bucharest

The government of Chad is investing €175.1 million ($204.7m) in developing a National Data Center and in expanding its fiber optic networks. The investment represents Phase I of the State Connectivity Infrastructure Modernization Project (PMICE), seeking to improve digital infrastructure in th...

Johnson Controls to Invest S$60m to Expand Innovation Center in Singapore

Singapore

Johnson Controls has announced plans to invest up to S$60 million (US$44m) to expand its Innovation Center in Singapore. According to the company, the expansion will target the growing demand for more energy-efficient data center infrastructure across the Asia-Pacific region.Johnson Controls h...