06/09/2024 What I Read Last Week
#DigitalInfrastructure news: Infrastructure development in Iowa, Indiana, Tennessee, Japan, and India.
Weekly Edition of curated news about Digital Infrastructure
★More Iowa news this week - with what will be my favorite story of the year: Cologix expands U.S. footprint with the acquisition of two data centers in Iowa, including Des Moines and Cedar Falls.
“We are excited to enter the Des Moines market and bring our industry-leading colocation and interconnection solutions to businesses in Iowa,” said Laura Ortman, CEO of Cologix. “Consistent with our strategy in other markets where we operate, we are first establishing our presence with the carrier hotel in our Iowa portfolio. We will continue to add ScalelogixSM and digital edge facilities to provide a high performance, low latency and scalable colocation and interconnection platform with access to our robust ecosystem of 700+ networks, 360+ cloud providers, 30+ cloud onramps and seven internet exchanges.”
[Link] US Signal has agreed to acquire OneNeck IT Solutions from Telephone and Data Systems (TDS). The acquisition will add OneNeck’s Madison, Wisconsin; Minneapolis, Minnesota; Des Moines, Iowa; Phoenix, Arizona; Denver, Colorado; and Bend, Oregon markets to US Signal’s footprint.
Microsoft continues massive infrastructure build-out:
❖[Link] West Des Moines has approved an agreement for Microsoft to build a sixth data center within city limits. Microsoft's total planned investment will exceed $6 billion, the city reports.
❖[Link] Microsoft has revealed its plans to build a $1 billion, 245,000-square-foot data center on 489 acres in northwest Indiana.
[Link] India is outpacing Japan, Singapore, and Hong Kong in data center investment, according to a new industry report, a trend driven by major funding commitments by global heavyweight Amazon and domestic conglomerates like Reliance Industries. India is on track to add up to 850 megawatts of new capacity in the three years through 2026.
[Link] Core Scientific announced the signing of a series of 12-year contracts with CoreWeave, where it will deliver approximately 200 megawatts of infrastructure to host CoreWeave’s high-performance compute operations. Shortly after this was announced reports surfaced that CoreWeave had offered to acquire Core Scientific for around $1 billion.
[Link] Elon Musk's xAI claims it will build the 'world’s most powerful supercomputer' in Memphis, Tennessee. Elon Musk, who called the facility a 'Gigafactory of Compute,' said that he aims for the supercomputer to open by the fall of 2025. "My vision is to build the world’s largest and most powerful supercomputer, and I’m willing to put it in Memphis," he said.
[Link] Japan's SoftBank plans 150MW, 8 million sq ft data center at LCD panel manufacturing site in Osaka.
[Link] I normally wouldn’t write about a company releasing an Impact or ESG report, but in the case of Crusoe Energy Systems (a company I really admire), the numbers are pretty impressive. They avoided over 680,000 metric tons of greenhouse gas (GHG) emissions through the scaling of Digital Flare Mitigation technology in the U.S, and generated over 635,000 MWh of electricity by harnessing stranded energy.
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