Polar Data Centres raises €800 Million for AI infrastructure growth
Polar Data Centres, a European high-performance data center developer, has raised €800 million (US$ 930 million) expansion through a senior secured bond offering in its largest Nordic bond deal to fund data centers designed for AI infrastructure, high-performance computing (HPC), hyperscale, and cloud workloads. The financing will refinance existing debt and fund the development of […]
CEE & Europe Webinar 2026: Episode 2 | Examining the strategic role of the Nordics
In the second episode of our webinar series covering Europe, we explored how the Nordics are emerging at the center of AI infrastructure evolution with capacity delivery at scale, access to power, grid readiness, land permitting, and long-term sustainability. The webinar delved deep into the cloud and data center market in the Nordics, taking a […]
Vattenfall and Nscale sign renewable power deal for Norway AI data center
Vattenfall, a European energy company and Nscale, a neocloud and vertically integrated AI hyperscale infrastructure company, have signed a long-term renewable power agreement tied to the first phase of Nscale’s planned data center development in Kvanndal, Norway, as demand for electricity from AI infrastructure projects continues to grow. Nscale’s Kvanndal site, located outside Narvik in […]
Tekcapital plc launches Vesari Inc. to develop geothermal-powered AI data centers
Tekcapital plc, a UK investment company, has formed a fifth U.S incorporated technology portfolio company, Vesari Inc., to commercialise intellectual property related to geothermal-powered AI hyperscale data centers. Vesari will focus on developing AI computing infrastructure co-located with geothermal power generation and designed to operate independently from traditional electricity grids. The company also plans to […]
WhiteFiber signs US$ 160 million AI compute deal in Paris
WhiteFiber, a vertically integrated Artificial Intelligence (AI) and High Performance Computing (HPC) infrastructure solution provider, has signed a five-year agreement to provide AI compute infrastructure to an investment-grade technology customer in the Paris region. The contract is valued at more than US$160 million over five years. According to a press release, the project will use […]
NVIDIA reports record US $81.6 billion in revenue
NVIDIA reported first-quarter results for the period ended April 26, 2026, with revenue of US$ 81.6 billion, up 20 percent from the previous quarter and up 85 percent year over year (YoY). The technology company is also changing its reporting structure to two platforms: Data Center and Edge Computing. Data Center will include Hyperscale and […]
Japan’s Datasection bets on dominance with GPU supercluster ambitions
Datasection, a Tokyo Stock Exchange-listed company that until recently was known primarily for data analytics and marketing services, recently posted revenues of JPY 33.6 billion (approximately USD 217 million) for the fiscal year ended March 2026 – a 933% increase on the prior year – almost entirely on the back of a pivot into AI […]
Lightpath to build long-haul fiber route between Columbus and Chicago
Lightpath, a company that owns, builds and operates an AI-grade, all-fiber network across eleven major U.S. metro markets, has now secured an anchor award to build a long-haul fiber route of 392 miles between Columbus, Ohio and Chicago, Illinois. The project includes 327 miles of new underground, multi-conduit fiber infrastructure across three states. This is […]
Florida enacts law setting new rules for AI data center development
Florida Governor Ron DeSantis has signed SB 484, a state law aimed at regulating large-scale data center development, including how costs are allocated, how projects are approved at the local level, and how environmental impacts are managed. The general terms and rules of the bill SB 484 pertaining to data centers are as follows: Specifying […]
IREN Ltd. to acquire Nostrum Group in Spain
IREN Limited, a vertically integrated AI Cloud provider, has agreed to acquire Nostrum Group (Ingenostrum, S.L.), a Spain-based data center developer, in a move that marks the company’s first entry into the European market. According to a press release, the acquisition comes as IREN seeks to scale its AI infrastructure business beyond its current footprint. […]