High Performance Software Foundation Launched to Boost HPC Innovation – HostingJournalist.com
The High Performance Software Foundation (HPSF), a charity that promotes innovation via open source, has been established, according to the Linux Foundation. Through boosting acceptance, decreasing barriers to contribution, and assisting with development efforts, this new endeavor seeks to construct, promote, and advance a portable core software stack for high-performance computing (HPC). Data centers are implementing […]
Vantage Data Centers Secures $3B Green Loan for North American Expansion
Vantage Data Centers, a large player in the hyperscale data center sector, has secured a $3 billion green loan, marking a significant milestone in the company’s expansion strategy in North America. The loan, led by Wells Fargo Securities, LLC along with joint bookrunners TD Securities, Truist Securities, and Scotiabank, forms part of a broader effort […]
38% of Data Center Rack PDU Market Growth to Come from North America
The global data center rack Power Distribution Unit (PDU) market is poised for robust growth, with an estimated increase of USD 833.46 million from 2023 to 2027, signaling a Compound Annual Growth Rate (CAGR) of over 7.35%. North America, a dominant force in the sector, is projected to contribute 38% to the incremental growth during […]
Blackstone Spearheads $2B Financing for Park Place Technologies
Blackstone, one of the global titans in alternative asset management with assets surpassing $1 trillion, has spearheaded a substantial $2 billion financing initiative for third party data center maintenance provider Park Place Technologies, aimed at debt refinancing and providing payouts to its private equity owners, Bloomberg reports. This large financial package was designed in partnership […]
Silicon Valley’s 100MW STACK Data Center Expansion Unveiled
Global data center developer and operator STACK Infrastructure has announced the opening of its expanded 100MW, SVY01 facility in Silicon Valley, in San Jose. One of the biggest and most sought-after data center marketplaces in the world will receive critical capacity and scale from this 60MW data center expansion. With the addition of two data […]
Study Shows AI, Cybersecurity, Sustainability Key Drivers for IT Modernization
Over the next one to three years, it is anticipated that the adoption of hybrid multicloud models will double – as IT decision makers come under increased pressure to update their IT infrastructures due to factors like artificial intelligence, cybersecurity, and sustainability. It’s the result of a study conducted by Vanson Bourne on behalf of […]
AI Data Center Reference Designs Unveiled by NVIDIA and Schneider Electric
NVIDIA and Schneider Electric have revealed that they will be working together to enhance data center infrastructure and pave the way for revolutionary developments in digital twin and edge artificial intelligence (AI). The goal of this partnership is to establish new industry standards for AI deployment and operation inside data center ecosystems by releasing a […]
Digital Realty, Mitsubishi Launch JV for Dallas Data Center Development
One of the biggest worldwide providers of cloud- and carrier-neutral data centers, colocation, and interconnection solutions, Digital Realty, along with Mitsubishi Corporation, have announced the creation of a new joint venture to facilitate the construction of two data centers in the Dallas metro area. These facilities are 100% pre-leased to a long-term S&P 100 investment […]
Schneider Electric Invests $140M in US Facilities to Meet Data Center Demand
Schneider Electric, global supplier of solutions for energy management and automation, plans to place an investment of 140 million dollars into its manufacturing facilities in the United States. The company will initially invest $85M to retrofit a 500,000 square foot facility in Mt. Juliet, Tennessee, and enhance its Smyrna operations, producing custom electrical gear and […]
EdgeCore Digital Infrastructure Hires Brett Rogers as Chief Development Officer
EdgeCore Reno Data Center Campus Brett Rogers has been appointed Chief Development Officer of EdgeCore Digital Infrastructure, a wholesale data center developer, owner, and operator. His responsibilities will include developing EdgeCore’s end-to-end delivery capacity and assisting in the development of the company’s range of products. Brett Rogers’ 25 years of experience in leading teams and […]
