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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.

  • Texas Data Center Sold By Stream Data Centers

    Stream Data Centers announced in mid-February that it had sold one of its Texas data centers to an unnamed organization. Tax filings suggest it is a Fortune 1000 financial services firm affiliated with TD Ameritrade.The purpose-built facility, located in Richardson, offers 30,000 square feet of raised floor space and capacity for 7.2 MW of critical load. It is what Stream calls a private data center, a complex smaller than the company's single-tenant powered-shell offering that can be used as either a single or multi-tenant facility. Stream has a number of other similar projects underway in the state, including a Dallas...

  • Oregon Data Center Built By ViaWest

    Data center construction company ViaWest is building its third Oregon data center this year. The 200,000 square foot facility in Hillsboro will offer over double the current space of ViaWest's two other properties in that locale.The state's data center tax incentives keep the equipment inside from being taxed. Four of the biggest technology companies, including Amazon, Apple, Facebook and Google, have server farms in Oregon. The facility will consume approximately 18 megawatts of power to support the servers inside it and marks ViaWest's second expansion in data center real estate in Oregon in two years. The company had last built in the area in...

  • Colorado Data Center Built By Time Warner Cable

    Time Warner Cable officially opened a new Denver data center worth $38 million in February. The Colorado data center, which has been under construction for two years, is a new national facility for Time Warner. The company's Charlotte data center is its other national data center location."Think of these two centers as the brains of our operations," Ryan Kelly, Time Warner's communication manager wrote on the company blog. "Our two National Data Centers work in tandem to support and safeguard all of our customer services including email, billing records, Wi-Fi, high-speed data, phone, IntelligentHome, and of course IP-based video products including our...

  • Data Center Finance: Telecity Agrees To Merger With Interxion

    Data center operators Telecity Group and Interxion announced in early February that they would be merging.The merger was structured as an offer for Interxion by Telecity and will create a data center operator with a total value of close to $4.5 billion.The deal comes at a time when the industry in Europe, where Telecity is based, is scrambling to meet rapidly increasing demand for digital services. The new combined company will have a primary listing in London, as Telecity operates facilities in the city, as well as in Paris and Frankfurt. Interxion was previously listed in New York and...

  • Oregon Data Center Tax Laws Put Amazon Investment Into Question

    Amazon is looking to expand its cloud computing operation even further, and it appears that the online retailer has its sights set on adding to its Oregon data center footprint. Before more sites can be added, however, the company wants to remove an obstacle within the state tax code. An Amazon official testified in early February in front of Oregon lawmakers that the company is interested in creating as many as 11 new data centers in the state, but an issue known as central assessment will need to be addressed first. Central assessment relates to the manner in which property taxes are...