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WHTop → 📋 News → EPG Raises $100M As AI Data Center Schedules Tighten Further
EPG Raises $100M As AI Data Center Schedules Tighten Further
📅 - Singapore-based modular data center specialist EPG said Tuesday it has added more than $100 million in Series B+ funding, bringing in Decarbonization Partners and Alibaba Cloud as AI infrastructure demand turns brutally practical. The money will fund factories, R&D, and delivery capacity - because right now, getting power and cooling deployed fast counts as much as cash.
The round builds on a separate Series B completed earlier in 2026, when EPG raised nearly $100 million, and gives the company a stronger balance sheet just as AI data center projects are putting old construction assumptions under strain. This is not really about vanity funding. It is about whether modular infrastructure [...][... Check source for end of article ...]
📅 - Nebius Pushes Serverless AI as Cloud Friction Starts to Hurt - Nebius has rolled out AI Cloud 3.5, adding serverless AI and new Blackwell GPU options across its global platform, as the cloud provider tries to lure developers frustrated by slow setup, messy data movement, and infrastructure babysitting. The release lands everywhere now, with serverless still in public preview - which is the point, and the gamble.
The pitch is simple enough: stop making AI teams fiddle with infrastructure before they can test an idea, run an experiment, or push a model into production. Nebius says its platform now handles the setup and runtime plumbing, leaving developers to build. That is a strong selling point because, frankly, too much AI cloud work still feels like [...]
📅 - Vertiv Buys ThermoKey as AI Heat Problem Grows - Vertiv will acquire Italy's ThermoKey, a heat-exchanger specialist, in a deal aimed squarely at the ugliest bottleneck in AI infrastructure: getting rid of heat. The acquisition, announced as demand for dense data center builds keeps spiking, gives Vertiv more cooling hardware, more factory capacity in Europe, and fewer excuses if deployments slip this year again.
The companies did not disclose a price. That leaves a gap. In a market now obsessed with AI data center buildouts, the missing number matters less than the target itself: ThermoKey makes the dry coolers, condensers, heat exchangers, and liquid-cooling systems that sit in the unglamorous but increasingly expensive middle of the [...]
📅 - BlackRock Backs IQM With €50M Ahead of SPAC Market Test - IQM has secured a €50 million financing package from BlackRock-managed funds, handing the Finnish quantum hardware company fresh capital just before its planned merger with Real Asset Acquisition Corp. in the U.S. The timing matters more than the amount: IQM is trying to prove Europe can fund, build, and list a serious quantum player.
IQM, founded in 2018 and based in Finland, is pitching the deal as fuel for its technology roadmap, research effort, and push into more markets. That is the official line. The more interesting point is that the company locked in new financing before stepping into the glare of public markets through its proposed merger with RAAQ.
That sequence is not [...]
📅 - Gcore Unveils Hopper VMs as Europe Chases Cheaper AI Compute - Gcore on Tuesday launched GPU virtual machines powered by NVIDIA Hopper – in Gcore's sovereign AI region in Portugal, betting European customers want burstable AI compute without the cost drag of dedicated hardware. The edge and cloud provider is starting in its Sines-3 sovereign region, aiming at startups, labs, and researchers squeezed by tight budgets, sovereignty demands, and stop-start workloads across the bloc.
That pitch lands at a useful moment for Gcore. Plenty of AI teams want serious compute, but fewer want to lock themselves into expensive bare metal if their workload arrives in bursts, goes quiet, then spikes again. The company is offering a middle ground - the same [...]
📅 - ONLYOFFICE Accuses Euro-Office Backers of License Breach - Today, ONLYOFFICE contacted the editorial team at HostingJournalist.com to accuse Nextcloud and IONOS of misusing its code in the new Euro-Office suite we covered yesterday, abruptly dragging a licensing dispute into Europe's sovereignty push just days after the project's Berlin launch. The company claims its branding and attribution were removed without consent - an allegation that, if proven, would turn a political software story into a legal one very quickly.
The complaint did not arrive as a quiet note to lawyers. HostingJournalist was contacted directly by Sergey Zarubin from ONLYOFFICE, who asked the publication to update readers on what the company calls non-compliance with AGPLv3 [...]
📅 - Leaseweb Pushes Europe’s Sovereign Cloud Beyond Talk - Leaseweb has spent the past year turning a familiar European policy ambition into actual cloud plumbing, expanding its European Cloud Campus under the IPCEI-CIS program with new compute, storage, and automation capabilities. The Dutch provider says the project now supports autoscaling, load balancing, and private-network storage - a more concrete signal than most sovereignty rhetoric.
That matters because Europe's sovereign cloud debate has been heavy on declarations and light on operating infrastructure. Leaseweb is trying to change that. The company, a global cloud services and IaaS provider, is pitching its latest work as proof that the region's cloud agenda is finally moving off [...]