Tag: data center
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Hut 8 signs $9.8 billion AI data center lease, fully commercializes Texas campus
July 20 : Hut 8, a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas.Shares of the company, which have nearly doubled this year, rose
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US data center protests go national as backlash grows
July 18 : Opponents of the rapid buildout of data centers plan to hold protests on Saturday in at least 125 locations across the United States, the first coordinated national effort to channel anger at the AI infrastructure expansion that has ramped up over the past year and roiled local politics.The protest
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New York becomes the first state to impose a data center moratorium
July 14 : New York became the first U.S. state on Tuesday to halt construction of large new data centers, imposing a one-year moratorium as concerns grow that the facilities driving the artificial-intelligence boom are raising power costs, straining water supplies and burdening local communities.The moratoriu
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Meta expands Louisiana data center to 5 gigawatts, investment crosses $50 billion
July 13 : Meta said on Monday its data center in Richland Parish, Louisiana, will expand to 5 gigawatts of compute capacity, with investment in the project increasing to more than $50 billion.The planned data center, known as Hyperion, was earlier projected to deliver more than 2 gigawatts of compute capacity
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Meta expands Louisiana data center to 5 gigawatts compute capacity
July 13 : Meta said on Monday its data center in Richland Parish, Louisiana will expand to 5 gigawatts of compute capacity, in a bid to support the social media company’s AI ambitions. Since breaking ground in December 2024, local Louisiana businesses have received more than $1.6 billion in contracts from Met
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TeraWulf jumps on $19 billion data center lease deal with Anthropic
July 6 : TeraWulf said on Monday it signed a 20-year lease with Anthropic for data center infrastructure, a deal expected to generate about $19 billion in contracted revenue, sending the bitcoin miner’s shares up more than 16 per cent in premarket trading.The deal secures long-term, recurring revenue for Tera
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Blackstone’s QTS terminates Digital Gateway data center project in Virginia
July 2 : Blackstone’s QTS said on Thursday it had terminated its planned Digital Gateway data center project in Virginia and withdrawn the associated filings after years of planning and regulatory review.The data center operator has faced years of local opposition and litigation over the project, despite it b
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Digital Realty to buy Blackstone’s data center stake in deal valuing assets at $7.8 billion
June 29 : Digital Realty said on Monday it would acquire a majority stake in three fully leased Northern Virginia data centers from Blackstone-managed funds in a deal valuing the assets at $7.8 billion.The acquisition strengthens Digital Realty’s position in Northern Virginia, the world’s largest data center
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India’s RMZ to ramp up data center capacity with $35 billion push, exec says
June 19 : Indian diversified real estate and investment firm RMZ plans to scale its data center capacity to 2-3 gigawatts over the next five years as part of a $35 billion investment push, a senior company executive said.The Bengaluru-headquartered company, which currently has 250 megawatts of capacity, is i
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Meta signs new AI computing deals with data center firm Crusoe, Bloomberg News reports
June 18 : Meta Platforms has secured new agreements to get AI computing power from data center developer Crusoe, Bloomberg News reported on Thursday, as it strengthens infrastructure required to support its AI expansion.Meta and Crusoe did not immediately respond to Reuters’ requests for comment on the repor
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