Company launches facility amid ongoing legal dispute with Gibtelecom over access to the latter’s Mount Pleasant data center

Company expands out of cold climes into Latin America

Deal expected to close next year

The stake sale is the final part of a deal agreed in 2022

Claims to be largest such data center in East Africa

CEO Sam Altman has been leading the discussions

Four new buildings, including two data centers, to be added

Company has booked two impairment charges since acquisition in 2022

Will be part of waste heat utilization project

Attributes the loss to surge of sales in India the year before

Investment boosts collaboration between the two companies

First 300MW substation due live in October 2025

And appoints new CEO

Semiconductor equipment manufacturers could be targeted by new restrictions

Terms not shared

Aldo Bisio will be replaced on an interim basis by Sabrina Casalta

Because it's hard to fix what you can't track

Company currently valued at $2.2bn

Site to offer 10MW, expandable to 24MW

And other Virginia data center updates

ZRH2 offers 24MW

First commercial data center in the country

City opposite Memphis, Tennessee, seeks own development

Company expanding existing data center campus