OpenAI, Oracle and Vantage Data Centers announce Stargate data center site in Wisconsin
OpenAI, Oracle and Vantage Data Centers, have announced plans to develop a data center campus outside Milwaukee in Port Washington, Wisconsin. The campus will feature four data centers providing close to a gigawatt of AI capacity. The new campus is part of OpenAI and Oracle’s previously announced partnership to invest up to 4.5 GW of […]
BGO raises US$ 800 million for data center development
Global investment manager BGO has closed a US$ 260 million data center co-investment deal linked, taking the total funds raised as part of its U.S. Industrial Strategies I fund to roughly US$ 800 million. BGO is now in advanced stages of securing up to 800 MW of power capacity in aggregate to enable the construction […]
South Korea DC fire: Over 60 percent data recovered, five booked for professional negligence
More than 60 percent of the data lost in last month’s fire at the National Information Resources Service (NIRS) in Daejeon, South Korea, has reportedly been recovered so far. According to local media reports, as many as 450 out of 709 services disrupted by the fire have been brought back online. Readers would recall that […]
Meta partners with Blue Owl Capital to build AI Data Center in Louisiana
Meta Platforms, Inc., and funds managed by Blue Owl Capital entered into a joint venture agreement which will develop and own the Hyperion data center campus. The AI data center campus will be spread over 2,250 acres of land in Richland Parish, Louisiana. In a press release, Meta said that under the agreement, Blue Owl […]