Iren secures contract from "leading frontier lab," on track to exit crypto business by end of year
Neocloud releases results for fiscal year 2026
Neocloud releases results for fiscal year 2026
Company also on track for December 2026 cloud region launch
Will be based on Nvidia GB300 NVL72 systems
First 50MW underway
Covers 14MW at the LON-East campus
Chips will be leased to Microsoft
Will be for data center in Nueces County, Texas
IPO launches today, August 28
Concerned that initiatives could lead to antitrust scrutiny
Transaction values Alignment Engine at $500 million
Two companies expand their partnership
Deal is for 460MW at Nscale's data center campus in West Virginia
Naver signed lease agreement at site in April
Will also bring services to wider Middle East region
Unnamed customer to lease capacity from Rum's data center in Maysville, Georgia
Could look to go public next year
And other sovereign cloud news
Company is waiting on permits to commence building
Company selling 710 million shares in an equity placement
IPO could take place as soon as September
Known as the Aurora system
Also adds AWS Local Zone in Las Vegas, Nevada
Hopes this will improve its margin and profitability
Hoped to strengthen Firmus' AI cloud and data center value chain