DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - Investment / M&A / Financing
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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DayOne IPO: Data center firm targets 2.3GW capacity by 2028
Revenue is ramping up, but so are losses
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Lumos snaps up Allo Fiber's Joplin, Missouri, fiber network
The acquisition will bolster T-Mobile's fiber footprint as part of its JV
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Malaysia's DNB secures $1.27bn in funding for next phase of 5G rollout
Comes shortly after the DNB activated more spectrum to expand 5G footprint
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Investment firm Forum Markets partners with Edge Node for US compute roll-out
JV taking on data center capacity in Dallas and North Carolina, deploying capacity at Texas cell tower
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Axe Compute acquires full ownership of AI cluster in Columbus, Georgia
Purchased from Duos Technologies Group, Duos still owns facility
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Ares ups investment in Sabey Data Centers
Minority stakeholder takes total investment above $500 million
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Schneider agrees purchase of US software company PTC for $22 billion
Deal furthers the company’s AI ambitions
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BT to scoop up TalkTalk as part of rescue deal
Struggling network has been seeking a buyer for a while
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Former IBM research campus in Silicon Valley set to be acquired by data center firm
Blackstart Digital acquiring IBM's Almaden Research Center in San Jose
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AI cloud startup Verda raises $189m in Series B funding round
Round was led by Emergence Capital
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Rightfiber finalizes acquisition of Fastwyre's Nebraska business
Firm was only formed last month
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Intro Group to invest $270m in Egypt’s Kemet Data Center
The facility will be developed in two phases
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Sharon AI and Lambda secure GPU-backed debt funding
Combined, the two neoclouds have raised $1.356bn
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GMI Cloud raises $668m in funding
Combination of equity and credit facility
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Creditors sue Optimum, Patrick Drahi over its US restructuring
A complaint was filed in court this week
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SoftBank closes DigitalBridge acquisition
Digital infrastructure investor taken private, de-lists from NYSE
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NxN enters Portugal with 1MW data center and plans to invest €100m
The company has finalized the acquisition a data center in Évora
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Optical interconnect startup CScale emerges from stealth following investment from Nvidia and Intel
Californian startup raised $145m in Series C funding round
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BrightRay plans 40MW data center in Macau
Company set to sell majority stake to BUUU
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DataBank acquires leased data center in Minneapolis, Minnesota, from Mapletree Industrial Trust
DataBank exercises option to buy facility after ten years of leasing
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Hypertec CEO: We are "absolutely considering" taking data center firm 5C public
5C set to complete next $5-6bn financing round first
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Bain interested in buying Edged US - report
Investment could add to holdings in DC Blox
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Eaton to acquire COL Group
Industrial firm buys Italian switchgear maker for €810m
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Amazon to acquire two data centers in Hong Kong
Cloud company buys leased facility from landlord
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SiMa.ai raises $150m at $1.45bn valuation for development of physical AI hardware
Investors include Dell Technologies, J.P. Morgan, and the State of Michigan
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Poste Italiane snaps up 85% stake in Telecom Italia
As Poste Italiane grows stake by 65.7 percent
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Samsung invests $1bn into KKR's Helix data center platform
Helix to “leverage Samsung’s capabilities” in construction, energy, and cooling
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Lefdal Mine acquires data center development site in Norway
Company looks to expand with second site in Vestland County