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WHTop → 📋 News → VEIR Raises $110 Million to Scale Data Center Power Delivery
VEIR Raises $110 Million to Scale Data Center Power Delivery
📅 - VEIR has raised $110 million to commercialize superconducting power delivery systems for AI data centers, bringing its total funding to $225 million. The October 8 financing follows a 3 megawatt demonstration and targets manufacturing expansion, leaving operators to assess whether smaller electrical infrastructure can justify the cooling equipment, maintenance requirements, and reliability obligations that accompany it commercially.
The infrastructure problem is specific. Securing electricity for a campus does not settle how that power reaches computing equipment inside it. Distribution hardware occupies space, requires installation work, and constrains facility design. VEIR is targeting [...][... Check source for end of article ...]
📅 - Next Stop, Miami: CloudFest Americas Returns November 11–12 - CloudFest Americas returns to Miami on November 11 and 12, bringing together cloud providers, hosting companies, managed service providers, web agencies, and enterprise IT buyers. Organizers expect 2,000 attendees for the event's second year, with discussions and networking focused on connecting infrastructure expertise, application management, and customer services across the North American and Latin American technology markets.
Hosted at Ice Palace Studios alongside NamesCon, the event connects cloud and hosting professionals with the domain industry. That combination creates opportunities for providers whose customers need several services together, from domain registration and website [...]
📅 - Netskope Marketplace Unifies Security and Network Agent Purchasing - Netskope introduced its AgentSkope Marketplace on October 6, allowing security and network teams to deploy managed agents using a shared pool of capacity credits. The change consolidates purchasing and consumption tracking within its platform, but leaves customers needing to establish whether easier access to automation translates into cheaper incident resolution, predictable spending, and acceptable operational risk exposure.
For enterprise buyers, the immediate change is commercial. Teams can allocate an existing commitment across agents rather than treating every addition as a separate purchasing exercise. That could shorten the distance between identifying an operational problem and [...]
📅 - Iberia’s Near 9 GW Data Center Pipeline Raises Power Questions - Spain and Portugal have a data center development pipeline approaching 9 gigawatts, according to a newly published assessment of Iberian digital infrastructure, a study by Dstream Group that was commissioned by Internet Exchange operator DE-CIX. The scale points to a substantial potential market for AI computing, but leaves investors and enterprise buyers facing a more immediate question: how much of that proposed capacity can secure power and enter service reliably?
A development pipeline measures ambition before it measures availability. Enterprises choosing locations for computing infrastructure need delivery dates, usable electrical capacity, and contractual assurances. Investors need [...]
📅 - PsiQuantum Secures Conditional $150M Loan Commitment for Quantum Manufacturing - PsiQuantum has received a conditional commitment for a U.S. government loan of up to $150 million to expand quantum computing manufacturing and prototyping in California, directing potential public financing toward the equipment needed to build larger systems. For infrastructure buyers, the immediate development concerns production capacity and engineering validation, with commercial availability still an unresolved question today.
The money would address an industrial problem that discussions of quantum computing often leave in the background. Designing an architecture is one task. Building, assembling, cooling, and testing its components repeatedly is another. Potential financing for [...]
📅 - atNorth Plans €2 Billion Data Center Development in Finland with 75 MW Secured - atNorth plans to invest approximately €2 billion in a new data center development in Salo, Finland, with power secured for a 75 MW first phase and a pathway to 230 MW across the site. The project adds a substantial development proposal to the Nordic infrastructure market, although its opening schedule and customer commitments remain undisclosed for now.
For infrastructure buyers, the useful number is 75 MW. That gives procurement teams a starting point for discussions about future deployments, but says little about when servers can begin operating. A power allocation still needs to become commissioned infrastructure. The larger figure describes expansion potential, leaving buyers to [...]
📅 - Openreach Selects Ciena for UK 800G Wholesale Connectivity Services - Openreach is introducing national 800G wholesale connectivity services using Ciena optical equipment, expanding transport options for UK data centers, cloud networks and international cable connections. The deployment carries 400G and 800G customer traffic over dedicated 1.6 Tb/s wavelengths, giving infrastructure providers capacity while leaving pricing, delivery schedules and route availability as questions for prospective buyers to resolve.
For cloud and hosting operators, the useful development is another way to purchase large connections between facilities. Building optical infrastructure requires equipment, engineering expertise and continuing maintenance. Buying wholesale transport [...]