DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
Will compute at sea sink or swim?
Plans hiring spree ahead of 2GW/year ramp
Project Braid hits some snags but executives say it is making "strong progress"
Set to start in October, will be replaced by Kevin Howard
Deal will see Nvidia customers gain access to "large-scale, power-ready capacity” for AI workloads
Comes weeks after company announced $300m fundraise
Chip company aims to 'secure capital at attractive rates' for Nvidia customers
Investors include Blackstone, Coatue, Nvidia, and Jane Street
Projects have a combined capacity of 2.6GW
Takes ownership of 288MW of capacity, fully leased to three clients
Initial $35 billion to serve Anthropic, via Fluidstack
Development could bring $200 million in tax revenue and create 1,500 construction jobs
Will enable customers to access TPUs via a different platform from Google Cloud
Acquires manufacturing partner Propell
Blackstone-owned firm takes over Blackstone-owned firm
New publicly-listed unit to focus on stabilized, newly-constructed data centers in Tier 1 markets
QTS has already held investor calls for the funding
Terms not shared
Follows rumors of a deal last month
Likely for Oracle’s Stargate development in Saline Township, Michigan
Data center firm valued at $10 billion, according to reports
The funds will be used to refinance and develop TOK1 in East Tokyo
Comes on the back of QTS Data Centers' growth
10GW of which is expected to be signed under ESAs by the end of Q1
Loan will be used to refinance existing debt associated with campuses
Neysa also seeks to raise $600m in debt financing
Company targets five-buiding campus outside Union City
Construction timeline unclear
Funding led by Blackstone and Coatue