In a significant move to bolster its tech industry, Colorado lawmakers recently approved the Colorado Data Center Development and Grid Modernization Act, aimed at attracting data center operators with the promise of substantial tax breaks. This legislation, endorsed by the state senate’s Transportation and Energy Committee, proposes up to 30 years of tax incentives to entice these high-tech operations, reflecting
BBVA is a major financial institution known for its pioneering role in sustainable banking and advanced technological infrastructures, particularly in its data centers. The financial world is increasingly focused on operational efficiency and environmental sustainability, making certifications such as the Tier IV Gold granted by the Uptime Institute notably significant. This particular recognition, achieved by BBVA’s Tres Cantos Data Center,
The property management sector is undergoing a significant transformation thanks to advancements in technology and shifting customer expectations. At the forefront of this change is The FirstPort Group, steered by Martin King, which leads by example in professionalizing the industry and heightening the customer experience. FirstPort has leveraged innovative strategies to ensure that property management services are more efficient, transparent,
In the dynamic and rapidly evolving world of blockchain, Ethereum has emerged as a prominent platform, with its unique ability to support decentralized applications, or dApps. Vitalik Buterin, a co-founder of Ethereum, has emphasized the significant role that social philosophy plays in the development of these applications. While the infrastructure layer of Ethereum provides the technical foundation, it is the
Amid the rapidly evolving landscape of digital infrastructure, Israeli data center developer NED has commenced construction on a significant new data center facility near Tel Aviv, signaling a major advancement in the nation’s technological capabilities. The Alpha Campus AI and cloud data center, valued at $350 million, is a collaboration with real estate giant Levinstein and investment firm Goldacre. This
Soluna Holdings has announced an ambitious plan for a 100MW data center named Project Ellen, which will be located alongside a 145MW wind farm in South Texas. The project, named after astronaut Ellen Ochoa, sets forth a strategy to develop the data center in two 50MW phases. Soluna’s unique approach involves placing modular data centers at renewable energy sites, thus
Movistar Chile has embarked on an extensive nationwide 5G initiative with an investment of US$140 million, aiming to revamp the existing network infrastructure. This project aims to modernize over 5,000 mobile sites across the country, enhancing internet speeds by an average of 40%. Emphasizing comprehensive 5G coverage, the initiative is set to reach 80% of urban and semi-rural areas, positively
The rapid expansion of Artificial Intelligence (AI) technologies is reshaping the way people work and live, offering unprecedented capabilities and efficiencies. However, this technological revolution comes at a significant cost: massive energy consumption, particularly by data centers. These facilities, crucial for training and deploying AI models, are now consuming energy at levels comparable to some of the world’s most energy-intensive
As China experiences a surge in the number of data centers driven by the proliferation of artificial intelligence (AI) and other technologies, the corresponding rise in energy demand and emissions has become a pressing issue. By the end of 2023, China boasted 449 data centers, the highest within the Asia-Pacific region. The country accounts for 25% of global data center
In a transformative move for the data center industry, Australian company DXN has recently signed a significant contract to supply prefabricated data center modules to a US-based global provider of satellite earth stations. This agreement marks DXN’s first foray into the Data Center-as-a-Service (DCaaS) arena, a model where small, onsite data centers are delivered and leased to customers on a
As data centers continue to expand and swiftly increase their energy consumption, the landscape of energy demand is evolving in extraordinary ways. These massive energy consumers, often considered synonymous with hyperscale facilities, are projected to account for a substantial portion of U.S. electricity consumption in this decade. For instance, recent projections estimate that data centers could consume between 6.7% to
Intel’s upcoming Nova Lake-S CPUs are generating a lot of buzz in the tech community. These next-generation processors promise significant advancements in performance, but they also raise important questions about compatibility with existing hardware. Understanding Intel’s history and strategy with CPU socket compatibility is crucial for tech enthusiasts and professional users. Intel’s Recent Product Performance Arrow Lake CPU Launch and
