August 19, 2024 South Korea
Two Korean AI chip startups with wealthy backers have decided to merge on an equity value ratio of 1:2.4, respectively. The new company will retain the name Rebellions, and be run by Rebellions’ CEO Park Sung-hyun. Sapeon counts SKT, SK Square, and SK Hynix as investors. The company launched its...
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August 18, 2024 Texas
Taylor City Council last week granted unanimous approval to give Austin-based Blueprint Projects tax breaks on a proposed data center project in the city of Taylor. The company plans to use land owned by the Taylor Economic Development Corp. at 1601 Martin Luther King Jr. Drive in Williamson...
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August 18, 2024 Texas
The US Department of Commerce has signed a memorandum of terms with Texas Instruments that could see the company awarded $1.6 billion in CHIPS and Science Act funding which would support Texas Instrument’s plans to invest $18bn in the construction of two fabs in Sherman, Texas, and one in Lehi,...
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August 18, 2024 Pennsylvania
Independent power firm Talen Energy is looking to pivot away from crypto mining operations to supply power to data center developers instead and has confirmed its plans to sell its stake in the Bitcoin mining center located at its Pennsylvania nuclear power plant. The company first announced its...
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August 18, 2024 North Carolina
Sodium-ion battery manufacturer Natron Energy plans to spend $1.4 billion on a 1.2 million square foot (111,500 sqm) facility, at the Kingsboro CSX Select Megasite which is expected to produce 24GW of batteries annually at full capacity and lead to 1,000 jobs. “Today is a momentous day for Natron...
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August 14, 2024 Singapore
Princeton Digital Group this week announced the acquisition of Yahoo’s Singapore data center, SG3 which offers 5MW across 5,400 sqm (58,125 sq ft). Terms of the deal were not disclosed, but Yahoo will continue to host its infrastructure at the facility. Rangu Salgame, chairman, CEO and co-founder...
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August 13, 2024 Amazon AWS
Amazon Web Services (AWS) has confirmed its plans to expand its data center presence in Hyderabad, India with investment in the Telangana region. The discussions were held in California in the US, and have seen AWS express a desire to expand its data center facilities and workforce in Hyderabad....
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August 05, 2024 Sydney
Australian advisory and IT solutions provider Atturra is expanding its sovereign cloud capacity with a new deployment in NextDC's S3 data center in Sydney, helping the company to meet growing demand from clients for cloud computing and storage capacity. The solutions provider will commence its...
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August 03, 2024 Amazon AWS
Amazon Web Services (AWS) brought in $26.3 billion in revenue for Q2 2024, an 18.8 percent jump over last year. However, Amazon still recorded a slower growth rate than its main rivals, Microsoft Azure and Google Cloud, both of which saw growth of 29 percent in the quarter. The growth of AWS has...
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August 01, 2024 Pennsylvania
Recently formed colocation firm Alerify, Inc. announced this week that it will be acquiring the assets of the hosting and Internet services business of Elevated MSP which was built in 1981 and is owned by local real estate firm the Vartan Group. The two-story building totals 68,830 square feet...
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July 31, 2024 North Carolina
Data Journey this week announced it has acquired the former purpose-built enterprise data center from Bed Bath & Beyond data center in Claremont, Catawba County, and has converted the facility into a colocation facility. This marks the company’s second facility acquisition, after acquiring...
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July 25, 2024 Singapore
Quantinuum has signed a Memorandum of Understanding with several Singaporean institutions to provide the city-state with access to it's H-Series and Helios quantum computers and collaborate on quantum computing use cases. Other signatories of the MoU include Singapore’s National Quantum Office,...
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July 20, 2024 California
Hyperscale networking firm Arrcus has raised $30 million in an investment round with investments from Nvidia and Hitachi Ventures amongst others. "We are thrilled to welcome Nvidia as our latest investor and look forward to building on our collaboration. Arrcus’ leading networking software...
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July 19, 2024 Texas
AI firm Crusoe has revealed it has designed and engineered, and is building, a 200MW GPU-focused data center at the Lancium Clean Campus outside Abilene, Texas. This facility will include high-density data halls specially designed to enable AI workloads and optimized for direct-to-chip liquid...
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July 18, 2024 South Korea
Korean telco SK Telecom has revealed that it will be investing $200 million in AI and high-performance computing infrastructure business Smart Global Holdings. The Korean telco will be taking an equity stake in exchange for the cash, and the companies plan to work together to “leverage their...
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July 11, 2024 Texas
Cryptomining company Hut 8 has revealed that it will beexpanding its operations in Texas and has signed a power purchase agreement to procure 205MW of energy for a new data center to be built on an undisclosed greenfield site in West Texas.Asher Genoot, CEO of Hut 8, said: “This transaction...
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July 11, 2024 Sweden
Swedish Fiber and connectivity firm Hexatronic this week announced it has signed a letter of intent to acquire parts of Endor, a data center services unit owned by Icelandic company Sýn, in an acquisition which will bring Hexatronic a customer base across Iceland, Sweden, and Germany."The...
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July 06, 2024 Amazon AWS
Amazon has partnered with the Australian government for the development of a high-security data center that will handle top-secret information with an investment of A$2 billion to be made over the next decade. Due to the "top secret" nature of the project, neither the location nor the specifics...
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June 26, 2024 California
The California Public Utilities Commission (CPUC) has voted to deny AT&T’s request to be released from its duties as Carrier of Last Resort (COLR) in the state, leaving the company legally obligated to provide its telephone services to anyone who asks."Despite AT&T’s contention that...
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June 14, 2024 Indiana
Provident Realty Advisors notified Chesterton officials on June 10 about its intention to withdraw its proposal for a $1.3 billion data center in Chesterton, Porter County, Indiana.The led to from residents regarding the development, with concerns surrounding negative impacts of air, water,...
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