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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.

  • Memphis Data Center Reopened By Expedient

    Colocation services company Expedient announced mid-July that it would be reopening a former Memphis data center. The facility, which was previously owned by Hilton Hotels and used as an enterprise data center, will now be used for colocation. The building is 35,000 square feet, and Expedient recently invested $9 million in upgrades ahead of the opening.Expedient already has ten other facilities, including a Pittsburgh data center, Cleveland data center, Indianapolis data center and Columbus data center. The company broke ground on a Dublin data center in September 2014. That facility is expected to open in November 2015.The Memphis data...

  • Atlanta Data Center Expansion Announced By Google

    Google announced in early July that it will be expanding it's Atlanta data center by an extra 500,000 square feet.The expanded facility will include a new four-story building, as well as additional structures on the land. Once the extra capacity has been added, the Georgia data center will cover more than 1.3 million square feet. The project, which has been nicknamed "Woodside" is expected to be completed by the end of 2016 and will cost an estimated $300 million.The expansion will create at least 25 new jobs in the area and will work symbiotically with Google's effort to launch a...

  • Pennsylvania Data Centers May Receive Tax Breaks

    Bills moving through state legislature could make some new Pennsylvania data centers and those undergoing expansion exempt from sales tax in the near future. Those facilities that invest at least $25 million in a small county or $50 million in a large county and have at least $1 million per year in payroll would qualify for this data center tax incentive.The state is a popular area for colocation providers to build their facilities. Companies like Equinix, 365 Data Centers and Digital Edge all have Philadelphia data centers. This bill is Pennsylvania's answer in hopes of capitalizing on a growing...

  • Republic of Georgia Data Center Planned By BitFury

    Bitcoin hardware vendor BitFury recently secured $20 million in funding to support its speedy business growth and expansion in a technology park in the Republic of Georgia. The company is a provider of specialized semiconductors for processing Bitcoin transactions, which is known as Bitcoin mining.BitFury recently acquired a 185,000-square-meter plot in Tbilisi, Georgia, on which it intends to develop a project called the Georgian Technology Park. One of the buildings it hopes to build with the secured $20 million in funding is a 100-MW Georgia data center.BitFury CEO Valery Vavilov said that the goals of the technology park are...

  • Phoenix Data Center Acquired by JDM Partners

    Real estate company JDM Partners purchased a Phoenix data center from State Farm Insurance in early July. The real estate group is buying property to take advantage of the growing Arizona jobs market. The deal, which included two properties, closed at $38.1 million.The data center facility that JDM acquired covers 250,000 square feet and sits on over 25 acres of property on the Phoenix-Tempe border. As part of a sale-leaseback deal, State Farm will remain in the building as the sole tenant of the data center infrastructure. This means that JDM won't have to search for tenants.The Phoenix area is...