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WHTop → 📋 News → Compass Plans $10B Investment in Mississippi Data Center Campus
Compass Plans $10B Investment in Mississippi Data Center Campus
📅 - Compass Datacenters, a Dallas-based global data center developer, has announced plans to establish its next hyperscale data center complex in Meridian, Mississippi. The project underscores Compasss commitment to expanding its portfolio of hyperscale, single-tenant data center facilities designed for long-term durability and operational excellence.
With the Mississippi Development Authority's certification as a data center operator, Compass Datacenters will be eligible for a number of tax breaks. Compass will benefit from a 10-year exemption from state income and franchise taxes as well as a sales and use tax exemption for equipment and building supplies. The new hyperscale data center [...][... Check source for end of article ...]
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📅 - Data Center Ethernet Switch and NIC Market to Surpass $50B, Says Crehan Research - Seamus Crehan, president of Crehan Research, stated, "This robust anticipated growth in data center Ethernet AI networking reflects customers' plans for significant investment in the area, with numerous one-million-plus AI accelerator clusters now on the horizon." "In addition, as AI expands to encompass all facets of business, a growing number of clients are implementing small-scale Ethernet clusters."
In order to manage these workloads, the Crehan papers forecast significant future ramps in 800 gigabit, 1.6 terabit, and 3.2 terabit data center Ethernet networking in addition to the exponential growth in generative AI. "Not only does generative AI require a lot more network bandwidth [...]
📅 - EDGNEX Data Centers Announces 2000MW Projected Future US Capacity - Dubai-based EDGNEX Data Centers by DAMAC, a global digital infrastructure company that is entirely owned by the global group DAMAC, today announced its strategic entry into the US data center market. The planned development in the US will provide cutting-edge data centers with a capacity of 2000MW over the following four years. A $20 billion initial investment was disclosed by EDGNEX yesterday, in joint efforts with Donald Trump at his Mar-a-Lago resort in Florida, with ambitions to double the amount based on market opportunity, scalability, and future demand.
This initiative is in line with EDGNEX's mission to develop top-tier digital infrastructure platforms that serve Fortune 500 [...]
📅 - Hosted.com Achieves Industry-Leading WordPress Performance And Uptime - Many WordPress website owners can find themselves facing issues like slow loading times, security vulnerabilities, and unpredictable performance. Hosted.com has addressed these challenges head-on with a comprehensive solution. The hosting provider's latest performance data demonstrates its success in addressing some of the most common WordPress hosting challenges through a combination of cutting-edge hardware and optimized server configurations.
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Hosted.com's WordPress-specific hosting environment is especially designed for the needs of the WordPress Content Management System (CMS). This helps ensure that their clients sites maintain peak performance even [...]
📅 - DDN Raises $300M from Blackstone to Boost AI and HPC Expansion - DataDirect Networks (DDN), a global leader in AI and data intelligence solutions, has announced a $300 million investment from Blackstone Tactical Opportunities. The funding, which values DDN at $5 billion, aims to accelerate the companys growth as it meets the surging demand for AI and high-performance computing (HPC) infrastructure.
Founded in 1998, DDN has established itself as a pivotal player in the HPC and AI landscape, supporting over 500,000 NVIDIA GPUs for a range of clients across sectors such as public services, finance, medical sciences, and cloud computing. Notable customers include AI-focused organizations like xAI and Lambda. The companys high-performance data intelligence [...]
📅 - Darktrace Acquires Cado Security to Boost AI Cloud Cybersecurity - Global cybersecurity leader Darktrace has announced its plans to acquire UK-based Cado Security, a specialist in cyber investigation and response solutions for hybrid and multi-cloud environments. This strategic move aims to enhance Darktraces AI-powered cybersecurity offerings, addressing the growing need for comprehensive protection across diverse cloud, SaaS, and on-premises infrastructures. The acquisition is expected to close in February 2025, pending regulatory approval.
Cado Security, known for its innovative cloud forensics and incident response technologies, captures data snapshots from devices to conduct in-depth forensic analyses. These capabilities enable organizations to [...]
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