January 24, 2025 New York
North American investment firm Novacap this week announced the final closing of Novacap Digital Infrastructure Fund I, the firm's first fund dedicated entirely to investing in digital infrastructure. The firm has also named its recently announced data center joint venture with H5, HyScale Data...
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January 23, 2025 Pennsylvania
Northpoint Development is set to present plans for Project Hazelnut to Luzerne County Council’s infrastructure committee this week. According to council documents, Northpoint is planning a 1,283-acre, 15-building campus in Hazle Township’s 3,000-acre Humboldt North Industrial Park.The first...
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January 22, 2025 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...
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January 09, 2025 New Jersey
Web hosting and managed service provider InterServer has selected 365 Data Centers as its colocation provider as it looks into expanding its offering in the New Jersey market. 365 has 20 data centers across the US, including multiple New Jersey locations such as Carlstadt and Bridgewater,...
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December 20, 2024 Philadelphia
Philadelphia-based investment manager CenterSquare has filed a trademark infringement lawsuit against data center firm Centersquare. The lawsuit, filed on August 24, includes allegations of cybersquatting, or using a domain name too similar to a protected trademark with the intent to profit from...
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November 06, 2024 Massachusetts
Massachusetts has granted just under $5 million to establish a Quantum Computing Complex at the Massachusetts Green High Performance Computing Center (MGHPCC) in Holyoke. QuEra is a partner of the project, and will deploy a neutral atom quantum computer at the complex. The $16 million project is...
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November 05, 2024 Pennsylvania
The Federal Energy Regulatory Commission (FERC) has rejected a proposed interconnection service agreement (ISA) for the Susquehanna nuclear power station in Luzerne County, Pennsylvania. The agreement would have supported an expanded colocated load at an Amazon Web Services (AWS) data center...
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October 29, 2024 New Jersey
CoreWeave is expanding its data center footprint in New Jersey. According to local press, the company has signed a long-term lease with an Onyx Equities and Machine Investment Group partnership for the entirety of building 11 at The Northeast Science & Technology Center (NEST) in Kenilworth,...
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October 18, 2024 Pennsylvania
The Department of Commerce has provisionally agreed to provide up to $93 million in direct funding to optical networking vendor Infinera which would support the construction of a new fab in San Jose, California, and a new advanced test and packaging facility in Bethlehem, Pennsylvania.“We are...
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October 08, 2024 Pennsylvania
US independent power producer Talen Energy has acquired full ownership of Nautilus Cryptomine, a 200MW Bitcoin mining facility in Berwick, Pennsylvania, from TeraWulf. Talen acquired TeraWulf’s 25 percent interest in Nautilus and obtained full control of the legacy Power Purchase Agreement (PPA)...
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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 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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June 27, 2024 New York
Metrobloks, a new data center startup focused on metro projects this week announced an oversubscribed $5.2 million seed round led by Current Equity Partners with the backing of Serena Capital. The company noted that it designs, deploys, and operates modular and scalable data centers in...
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February 14, 2024 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 property...
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February 09, 2024 New York State
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 those...
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December 19, 2023 Boston
Photonic computing company Lightmatter has now been crowned a Unicorn, raising $155 million at a $1.2 billion valuation. This funding is part of the series C investment round, which helped the company raise $154 million in May, successfully tripling the company’s value at the time. Overall,...
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October 26, 2023 New York
Quantum computing firm D-Wave is facing delisting from the New York Stock Exchange over its low stock price for the second time this year. The company announced this week that it received a notice from the NYSE that it is not in compliance with listing requirements as the average closing price of...
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October 05, 2023 Massachusetts
Cloud company Akamai Technologies announced seven new core compute regions on September 27, 2023. These regions in the Netherlands, Indonesia, the US, Italy, Japan, and Brazil will open over the next two months. Akamai noted that the locations in Amsterdam, Netherlands; Jakarta, Indonesia; Los...
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August 24, 2023 Connecticut
The Connecticut municipality of Killingly has authorized the sale of vacant land at 125 Alexander Parkway to NE Edge LLC to construct a data center. The sale was approved for $5 million on August 8, with NE Edge intending to develop the site and two adjacent parcels. Upon expiration of the notice...
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July 07, 2023 Philadelphia
Wells Fargo has announced that it is exiting its lease at the Philadelphia Plaza building at 101 N. Independence Mall, leaving its office and data center and relocating to offices in Two Logan Square and Commerce Square.According to the company, no layoffs are set to take place, and there will be...
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