December 27, 2024 Oregon
The Oregon Public Utility Commission has ruled in favor of a PacifiCorp proposal that would penalize large-load customers, such as data centers, whose energy use at new facilities is not in line with forecast needs. "The scale of utility procurement and stranded asset risk associated with these...
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December 27, 2024 Maryland
Quantum Loophole will no longer have any "active involvement" in the Quantum Frederick Project, a 2,100-acre data center campus and fiber optic loop (QLoop) in Frederick County, Maryland. This September, TPG sought a court order to remove Quantum Loophole from its role as manager of the $5...
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December 27, 2024 United States
Elon Musk's generative AI startup xAI has raised $6 billion in a Series C funding round from investors including A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, amongst...
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December 24, 2024 United States
The US Senate has voted in favor of a bill that looks set to provide an additional $3 billion to telecom companies in funding for the rip and replace program. This was included as part of the $895 billion National Defense Authorization Act (NDAA) that was passed by the US Senate on December 18....
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December 23, 2024 United States
Qualcomm is claiming victory in its court battle with chip design giant Arm after a jury in the US found that its processor designs are properly licensed, despite the case ended in a mistrial, leaving the door open for Arm to return with a fresh action.After a week-long federal court trial held...
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December 21, 2024 California
Intel shareholders have filed a derivative lawsuit against the company, alleging executives, including former CEO Pat Gelsinger, made false and misleading statements about the reorganization of a manufacturing segment. The lawsuit accuses Intel executives, including former CEO Pat Gelsinger, of...
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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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December 20, 2024 Montana
NorthWestern Energy has signed an energy supply agreement with Atlas Power Group to power its flagship data center in Butte, Montana. The new supply agreement will see NorthWestern supply Atlas with 75MW of power beginning in 2026, with a further 75MW expected in the next three to five...
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December 20, 2024 Texas
Duos Technologies is set to develop a high-density data center campus at Pampa Energy Center (PEC).The company will develop data centers supported by up to 500MW of self-generated natural gas power and supplemented by up to 200MW of wind turbine generation and alternative fuel services.“The US...
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December 19, 2024 United States
CTIA president and CEO Meredith Attwell Baker has confirmed she will retire from the CTIA next year at the end of her contract. In the departure announcement last week, CTIA chair and CEO of Carolina West Wireless Slayton Stewart noted that Baker's biggest contribution during her tenure was the...
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December 18, 2024 United States
Bitcoin miner and clean energy infrastructure developer Digihost Technology and Nano Nuclear have signed a Memorandum of Understanding (MoU) to deploy a 60MW microreactor at Digihost’s New York power plant. They will collaborate on designing, constructing, testing, and commissioning a...
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December 18, 2024 United States
GMI Cloud and Vast Data are teaming up on an artificial intelligence (AI) infrastructure offering, combining Vast Data's AI data platform with GMI Cloud's AI cloud solution to develop scalable AI infrastructure. The GMI Cloud built on the Vast Data Platform will support Magnum IO GPUDirect...
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December 17, 2024 United States
Crusoe Energy has closed its Series D funding round with $600 million. The round valued Crusoe at $2.8 billion, less than the $3 billion the company originally aimed for. The investment was led by venture capital firm Founders Fund, and others including Fidelity, Long Journey Ventures, the United...
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December 17, 2024 Illinois
The Midcontinent Independent System Operator’s (MISO) board has approved a $21.9 billion long-range transmission plan. The new transmission lines will span 1,800 miles and include some that will connect directly to PJM Interconnection’s 765kV system in Illinois, Indiana, and Ohio. “The main thing...
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December 17, 2024 United States
Verizon has deployed Ener.co’s retrofit cooling solution in 36 of its US data centers. Ener.co said the project has saved Verizon annual electricity savings of 7,700,000 kWh and has reduced annual greenhouse gas emissions by approximately 1,700 tonnes.“Data centers are proliferating across the US...
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December 16, 2024 United States
The US government’s National Science Foundation (NSF) is investigating the possibility of building a cable connecting the largest US Antarctic Program research facility, McMurdo Station, with either New Zealand or Australia.The main scope of the installation “is to provide advanced high-speed,...
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December 13, 2024 United States
Nexalus has teamed up with HPE in a partnership will see Nexalus deploy its liquid cooling technology - which it claims can recycle excess heat - into three of HPE’s server models, which it says offer enhanced thermal performance and reduced energy consumption.Kenneth O’Mahony, co-founder and CEO...
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December 13, 2024 United States
EchoStar and Communications Workers of America (CWA) have stepped up their opposition to T-Mobile's proposed $4.4 billion deal to acquire significant assets from regional carrier UScellular. In a filing to the Federal Communications Commission (FCC) this week, Dish Network owner EchoStar stated...
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December 12, 2024 Chicago
Prologis has sold a data center development in Chicago, Illinois to HMC Capital. The industrial real estate giant said the warehouse is held in the US Logistics Fund, a Prologis co-investment vehicle focused on premier logistics real estate, including higher and better-use conversions.HMC Capital...
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December 11, 2024 United States
The Department of Commerce has reached a binding agreement with Micron to award the company $6.165 billion in direct funding under the CHIPS and Science Act. In a statement, the department confirmed the funding will be used to support the construction of three new memory chip fabs: two in Clay,...
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