Stack Infrastructure closes second $250m debt funding of 2023
Company finishes second securitized notes funding, increased fro $100m to $250m
Company finishes second securitized notes funding, increased fro $100m to $250m
Wants to accelerate innovation in the public sector
Bankrupt company looks to exit more leases, one before the data center is finished construction
Companies have combined presence in 17 countries
Has made a non-binding offer
A sale process could take place later this year
But near-term headwinds as market digests existing buildout
Has already spent $1bn on buying land for AI land grab
New unit to be made up of the recent acquisitions Instor Solutions and Conatech
Plus big chips, fast cars, and telco towers in Issue 49
Joint venture will see Digital operate the three facilities
A deal would generate resources for investments
"We are delivering a good margin to this industry"
As delayed facilities start to ramp up
Will take charge of Other Bets
Eight months after launching an investigation, we have a conclusion
Company doubles down to meet expected generative AI demand
Also gets rights to construct a cryptomining facility in Alberta, Canada
Alphabet earnings show growth, mainly propelled by ad sales
Will create the biggest TowerCo in the Middle East and Africa
Company undergoes its second round of fundraising for the year
Will go towards supporting 5G rollout
Money to be used towards new data centers and paying down debt
Australian company takes over space in 707 Wilshire Boulevard