The Rise of Autonomous Networks in Industrial Environments While telecommunications providers have been early adopters of autonomous network frameworks, manufacturing…
HiCloud has inaugurated a demonstration underwater data center directly powered by offshore wind energy near Shanghai. The company, alongside partners, has signed an agreement to develop a 500MW subsea facility, marking a significant step in integrating digital and marine economies.
Chinese firm HiCloud has launched a demonstration underwater data center that sources indicate is directly connected to an offshore wind farm. According to reports, the project, located off the coast of Shanghai near the Lingang Special Area, was inaugurated recently, with plans to scale subsea deployments to 500MW. The demonstration site is said to offer 2.3MW of data center capacity, though the exact location of the wind turbines remains undisclosed.
CoreWeave’s planned $9 billion acquisition of Core Scientific faces significant opposition after a major proxy advisor recommended shareholders reject the deal. The resistance signals potential cooling in the data center merger market amid unprecedented AI infrastructure investments. Two Seas Capital, a major shareholder, has publicly supported the recommendation against the transaction.
The proposed $9 billion acquisition of data center infrastructure provider Core Scientific by AI cloud provider CoreWeave is facing substantial resistance, according to recent reports. Institutional Shareholder Services (ISS), a leading proxy advisory firm, has recommended that Core Scientific shareholders vote against the transaction, sources indicate.
Major Data Center Development Proposed in Virginia Peterson Companies, a prominent US real estate developer, has initiated plans for a…
Record-Breaking Quarter Overshadows Full-Year 2024 Totals The US data center market has experienced an unprecedented surge in demand, with third-quarter…
Deal Under Fire as Major Investors Challenge Acquisition Terms The proposed $9 billion acquisition of Bitcoin miner Core Scientific by…
Widespread Service Disruption Traced to Fundamental DNS Failure A seemingly routine Domain Name System (DNS) configuration error triggered a massive…
The Day the Cloud Stumbled: Anatomy of a Global Outage In a stark reminder of our interconnected digital ecosystem, a…
The New Business Imperative When UK Energy Secretary Ed Miliband declared that “those who walk away from net zero are…
The New Blueprint for AI Infrastructure The artificial intelligence revolution isn’t just transforming software and algorithms—it’s fundamentally reshaping the physical…
