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WHTop → 📋 News → Park Place Completes Merger with Service Express
Jan, 2026 : Park Place Completes Merger with Service Express
📅 - Park Place Technologies has completed its previously announced merger with Service Express, creating a combined organization positioned as a global provider of data center and IT infrastructure services. The newly merged company will operate under the Park Place Technologies name and bring together more than 3,000 employees serving over 20,000 customers across North America, Europe, Asia, and South America.
The combined entity will be headquartered in Cleveland, Ohio, while maintaining a significant operational presence in Grand Rapids, Michigan, the longtime base of Service Express.
Chris Adams will serve as Chief Executive Officer of Park Place Technologies and as a member of its Board [...][... Check source for end of article ...]
📅 - Vantage Taps Liberty for 1GW AI Data Center Power Buildout - Global hyperscale data center operator Vantage Data Centers has entered into a strategic partnership with Liberty Energy to develop and operate up to one gigawatt of utility-scale power solutions designed to support next-generation cloud and AI data center campuses across North America.
The collaboration reflects growing pressure on both energy and digital infrastructure as AI workloads drive unprecedented demand for reliable, high-density computing environments.
Under the agreement, Liberty's subsidiary Liberty Power Innovations will own and operate the power assets, providing long-term power services directly aligned with the needs of Vantage's hyperscale customers. The partnership [...]
📅 - NVIDIA’s Next-Gen AI Chips Deliver Major Leap Beyond Blackwell - At CES 2026 in Las Vegas, NVIDIA set the tone for the next phase of artificial intelligence infrastructure with the launch of the Rubin platform, a rack-scale architecture built around six newly designed chips intended to function as a single, tightly integrated AI supercomputer.
The announcement reflects how rapidly AI workloads are reshaping data center economics, architecture, and expectations, as organizations move from experimental deployments toward large-scale, production-grade AI systems.
Named after Vera Rubin, whose work fundamentally changed humanity's understanding of the universe, the Rubin platform is positioned as NVIDIA's most ambitious attempt yet to reduce the cost and [...]
📅 - Marvell Buys XConn for Its AI Data Center Switching Capabilities - Data infrastructure semiconductor specialist Marvell will acquire XConn Technologies, a supplier of advanced PCIe and CXL switching silicon. The transaction, valued at approximately $540 million, expands Marvell's switching portfolio while strengthening its engineering capabilities around next-generation scale-up fabrics designed for increasingly complex AI workloads.
As AI models grow in size and computational intensity, data center designs are shifting away from single-rack systems toward multi-rack platforms that must connect large numbers of accelerators with minimal latency. Traditional interconnect approaches are proving insufficient at scale, driving demand for high-bandwidth, [...]
📅 - Modine Shares Slide After NVIDIA Questions Chiller Needs - The Modine Manufacturing Company stock (MOD) came under pressure this week after comments from Jensen Huang, chief executive of NVIDIA, sparked renewed debate about the future of data center cooling. Investors reacted sharply to Huang's suggestion that NVIDIA's next-generation Rubin AI platform can operate without traditional water chillers, raising concerns about long-term demand for certain types of thermal management infrastructure.
Modine's fell 7.46 percent on Tuesday to $129.97, following a volatile start to the week. On Monday, shares had dropped as much as 21 percent to $111.21 before rebounding to close at $140.44. The moves highlight how closely Modine's valuation has become [...]
📅 - xAI Nears $230B Valuation in Massive NVIDIA-Led Funding - The artificial intelligence company founded by Elon Musk, xAI, has closed a funding round of unprecedented scale, raising $20 billion in a transaction led by NVIDIA. The round values the company at close to $230 billion, positioning xAI among the most valuable private technology companies in the world and firmly placing it alongside OpenAI and Anthropic in the intensifying race to dominate foundational AI models.
Sources familiar with the deal say xAI initially set out to raise $15 billion but ultimately expanded the round after overwhelming investor demand pushed commitments well beyond the original target. Even by Silicon Valley standards, the pace of xAI's ascent is notable. Founded in [...]
📅 - Nostrum Taps JLL to Advance AI-Ready Data Centers in Spain - Nostrum Data Centers, the digital infrastructure arm of Nostrum Group, has engaged JLL to support the advancement of its AI-ready data center platform in Spain, a move that underscores the country's growing ambitions to become a next-generation connectivity hub for Europe and beyond.
By tapping into JLL's global data center advisory expertise, Nostrum aims to sharpen its customer engagement strategy while accelerating the commercial positioning of its large-scale, sustainability-focused developments.
The collaboration follows Nostrum Data Centers' announcement in December 2025 that its initial portfolio of facilities will be available for customers in 2027, with power and land already [...]