Tag: Data center

BusinessCybersecurityTechnology

Mastercard Announces Major French Data Center Expansion with €250 Million Investment

Mastercard is making a significant infrastructure push in Europe with plans to develop three new data centers in France. The payment giant’s €250 million investment aims to strengthen operational resilience and localize payment processing capabilities across the continent.

Major European Infrastructure Expansion

Payment processing giant Mastercard is reportedly planning a substantial expansion of its European data center footprint with three new facilities in France, according to company announcements. Sources indicate the company will invest approximately €250 million ($289.81 million) in this strategic infrastructure development, which represents a significant enhancement to Mastercard’s existing European operations.

by Noah Vance
BusinessHardwareTechnology

Vertiv Posts Record Revenue as Data Center Infrastructure Demand Soars

Vertiv Holdings reported a 29% year-over-year revenue increase to $2.6 billion in Q3 2025, fueled by surging data center demand. The company’s order backlog reached $9.5 billion, and it raised its full-year revenue forecast to over $10 billion. CEO Giordano Albertazzi highlighted strategic positioning amid the AI boom.

Record Revenue and Profits

Vertiv Holdings Co. shares reportedly reached an all-time high following the release of its third-quarter 2025 financial results, according to the company’s earnings report. Revenue for the power, cooling, and IT infrastructure solutions provider surged 29% year-over-year to $2.6 billion, with sources indicating particularly strong performance in the Americas at 43% growth and Asia-Pacific at 20% growth.

by Noah Vance
AIBusinessTechnology

Applied Digital Secures Landmark $5 Billion AI Infrastructure Lease Amid Market Volatility

Applied Digital has signed a 15-year, $5 billion lease agreement with an unnamed U.S. hyperscaler for 200 MW of AI infrastructure capacity. The deal comes as the company’s stock faces recent declines, though it has nearly quadrupled in value this year.

Major AI Infrastructure Expansion

Applied Digital has reportedly signed a $5 billion infrastructure lease agreement with a U.S.-based hyperscaler, according to company reports. The 15-year lease will provide 200 megawatts of capacity at the Polaris Forge 2 campus in North Dakota, bringing the company’s total leased capacity across its two campuses to 600 megawatts. Sources indicate that this move aligns with the tech industry’s rapid investment in artificial intelligence infrastructure to meet anticipated demand surges.

by Noah Vance
AISemiconductorsTechnology

NVIDIA AI Processors Set for Orbital Debut in Space-Based Data Center Initiative

NVIDIA’s AI chips are preparing for their first space deployment as startup Starcloud develops orbital data centers. The initiative aims to leverage unlimited solar energy and use deep space as a natural cooling system. This approach could address Earth-based data centers’ growing energy and environmental challenges.

Orbital Computing Initiative

NVIDIA’s artificial intelligence processors are set to make their extraterrestrial debut, according to reports from the technology company’s official communications. Sources indicate that AI startup Starcloud is preparing to launch data centers into Earth’s orbit, featuring NVIDIA’s H100 AI GPUs aboard the 60-kilogram Starcloud-1 satellite. The report states this represents the first deployment of NVIDIA’s AI chips in space operations.

by Noah Vance
EnergyInnovationTechnology

Aligned and Calibrant Partner on Landmark Battery Storage Project for Pacific Northwest Data Center

Aligned Data Centers has teamed up with Calibrant Energy to deploy a major battery energy storage system at a Pacific Northwest data center. The project represents an innovative approach to overcoming power constraints and accelerating interconnection timelines for data center expansion.

Innovative Power Solution for Data Center Growth

Aligned Data Centers has entered into a strategic partnership with energy storage developer Calibrant Energy to deploy a significant Battery Energy Storage System (BESS) at one of its data center facilities in the Pacific Northwest, according to company announcements. The collaboration marks what analysts suggest could be a transformative approach to addressing power constraints in rapidly growing data center markets.

by Darren Holt