05/05/24 What I Read Last Week
#DigitalInfrastructure news: Iowa data center, CoreWeave, Microsoft, Google, BrainChip
Weekly Edition of curated news about Digital Infrastructure
[Link] $800M data center planned for Davenport, Iowa. The proposal, according to city documents will see the construction of two data halls and ancillary facilities totaling 715,000 square feet. Could this be Google making a third campus in Iowa (Council Bluffs, Cedar Rapids, and now Davenport)? AWS maybe?
[Link] CoreWeave Secures $1.1 Billion in Series C Funding. Like I mentioned last week - building out 28 data centers (built for AI nonetheless) can get a little expensive. The NVIDIA-backed company is now valued at $19 billion, according to the Wall Street Journal.
[Link] Microsoft signs a deal with Brookfield Asset Management to invest more than $10 billion to develop renewable energy capacity to help power data centers. Brookfield will deliver 10.5 gigawatts of renewable energy for Microsoft between 2026 and 2030 in the U.S. and Europe under the agreement.
[Link] Google to invest $1B in expanding Virginia data center campuses. Google’s Ruth Porat announced the investments in Virginia, Indiana, and a $75 million AI Opportunity Fund in a recent blog post.
[Link] DigitalBridge - financial results for the first quarter of 2024.
[Link] Broadband services provider WideOpenWest has confirmed that it has received an unsolicited non-binding preliminary proposal from DigitalBridge Investments, LLC and various Crestview entities to purchase all of the outstanding shares of WOW!
[Link] Digital Realty - financial results for the first quarter of 2024.
[Link] Digital Realty announced a collaboration with Oracle to accelerate the growth and adoption of artificial intelligence among enterprises.
[Link] BrainChip and Frontgrade Gaisler, a leading provider of space-grade system-on-chip solutions, announced their collaboration to explore the integration of BrainChip’s Akida neuromorphic processor into Frontgrade Gaisler’s next generation fault-tolerant, radiation-hardened microprocessors.
[Link] Canadian long duration energy storage systems company HydroStor is building a giant compressed-air battery in the Australian outback. There are pictures and a video, so I can attempt to understand this technology — which seems pretty cool. The company plans to build an even bigger facility in California.
[Link] Bloom Energy and Quanta Computer form Partnership. Quanta needed a clean and affordable solution to rapidly deliver reliable power at its planned manufacturing expansion in Fremont, CA. Bloom Energy’s modular microgrid solution will power Quanta Computer’s operations.
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