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Google has announced game-changing updates to its AI-optimized cloud, featuring fifth-generation TPUs and NVIDIA H100 GPUs. Companies like Gridspace have reported a 5x increase in AI model training speed using the TPU v5e. This move highlights the demands of generative AI and large language models, which have seen their ‘parameters’ increase tenfold annually. Another notable advancement is the introduction of Multislice technology, which supports scaling of AI models beyond the physical limits of TPU pods. This capability is expected to materially boost Google Cloud’s performance. Lastly, as Google and other hyperscalers industrialize, it is increasingly evident that compute is migrating to regional hubs of power with friendly development environments. These hubs are revitalizing our industrial stock and evolving into the central backbone of our modern compute industry.
Second Chicago Data Center Opened By DuPont Fabros
Wholesale data center operator and colocation services provider DuPont Fabros Technologies announced mid-July the launch of Phase I of its second Chicago data center. The facility, CH2, sits on 15 acres west of downtown Chicago. Phase I currently provides 7.1 MW and 45,000 square feet of data center real estate, but when fully developed the entire facility will cover 336,000 square feet and offer 25.6 MW.The company has already leased 20 percent of Phase I of the facility and attributes the first lease to an attractive Chicago computing market and demand due to customer growth."There are many reasons for us...
London Data Center Site For Interxion And NexGen Partnership
Europe-based colocation and data center services provider Interxion announced mid-July a partnership with fiber-optic services company NexGen. The partnership means that NexGen will extend its private Ethernet service into Interxion's London data center. Customers will be able to access NexGen's global connectivity services from this new site."Presence in Interxion's London data center campus provides NexGen with a strong foothold in the U.K. and a major strategic opportunity to continue its European expansion," said Adriaan Oosthoek, Interxion's U.K. managing director.Interxion operates 39 facilities in 11 European countries. Its London data center is located in the middle of the city. The company's other locations include a...
Data Center Finance: Digital Realty Common Stock Offering
Data center and colocation services provider Digital Realty announced that a public offering of 10.5 million shares of its common stock would sell for $68.00 per share. The nearly $700 million in common stock offerings will go to purchasers according to forward sale agreements.The company is expected by industry analysts to post second quarter earnings of $1.25 per share and have a mean consensus price target of $70.50 on the New York Stock Exchange, or between $77 and $59. The common stock offering falls into the range of stock prices for the second quarter of 2015 and may indicate long-term growth...
North Carolina Data Centers Get Boost From New Amazon Wind Farm
Amazon Web Services announced in mid-July that it is creating a new North Carolina wind farm in order to power the company's current and future data centers. Iberdrola Renewables, the U.S. division of Spanish electrical utility conglomerate Iberdrola, has been selected to build and manage the project.The wind farm is a massive undertaking, spanning two counties in North Carolina and providing 670,000 MWh annually - enough energy to power more than 61,000 homes in the U.S. The project, known as Amazon Wind Farm US East, will be the first utility-scale wind farm in North Carolina and is expected to...
Digital Realty Acquires Telx
Colocation services provider Digital Realty announced mid-July its intent to purchase the U.S.-based data center solutions company Telx for $1.9 billion. This news confirms rumors that have circulated for a few months.The deal will effectively double Digital Realty's global data center footprint. Telx manages 1.3 million square feet of data center real estate from 20 buildings around the U.S., including some facilities that are already owned by Digital Realty. Telx's facilities are strategically placed and include a New Jersey data center, New York data center and a Santa Clara data center."Telx's well-established colocation and interconnection businesses provide access to two rapidly-growing...