DataBank raises $456m to refinance data center debt
Fourth securitization since 2021
Fourth securitization since 2021
Brings company’s valuation to $1.5bn
Company also gains planning approval for two data centers in Iowa
Investment will see company’s valuation hit $1bn
Localized AI as a service
Brings total funding to over $44m
Asset manager laying groundwork for offer?
Redundancies are a result of the company’s restructuring plan
TimeProvider 4500 enables precise time keeping accuracy of less than a nanosecond
Will modernize the public safety network
$100m facility will be used for crypto mining
It is one of several former Sprint sites put on the market recently
Cites incompatibility with other planned developments
Crypto-miners aim to push into AI
Company takes over Nationwide facility
While others crumble or get pushed aside
Machine features more than 1,200 qubits and 10,000 couplers
Company raised more than $127 million since 2016
It's the last grant to be awarded as part of the $1.5bn program
New landlord wanted for Acco-occupied site the stationary-maker is set to leave
Site will eventually house small modular nuclear reactors
Technology could complement cabled connections, hyperscale giant says
The legislation would also establish a public AI cloud compute cluster to support AI development
No details on scope or company behind $576 million project