Volato Group signs merger agreement with AI infrastructure company Alignment Engine, Inc.
Transaction values Alignment Engine at $500 million
Transaction values Alignment Engine at $500 million
Company launches prefabricated modular AI data center platform, targeting up to 500MW aggregate AI compute capacity
Two companies expand their partnership
US utility Georgia Power will construct the new generation, with the ChatGPT maker expected to foot the bill
SK Horizon launches with $2.2 billion in investment from KKR and IMM
Deal is for 460MW at Nscale's data center campus in West Virginia
Will also bring services to wider Middle East region
Unnamed customer to lease capacity from Rum's data center in Maysville, Georgia
And other sovereign cloud news
Follows the completion of its fifth demonstration project
Neocloud Nebius among early adopters of platform promising 4x faster responsiveness for AI agents
More AI for customer interactions and network control
Alongside potential conversion of existing 15MW Bitcoin mining facility to AI and HPC
Moves away from Bitcoin mining to AI and HPC data centers
Cryptomining firm acquires data center company Paradox Data
IPO could take place as soon as September
CoreWeave secures another quant trading firm
All four US Bitcoin mining sites decommissioned
Around half of capacity from Malaysian data center has been contracted
Department seeks up to $88m in AI hardware
Follows the company's recent manufacturing milestone with Prysmian
Will offer three availability zones
Reaching 13GW of capacity by the end of the year
A host of other partners have worked to support the "airspace as a network service"