TierPoint seeks $125m fundraising in Series 2024-1 notes
Company's third such fundraising round
Company's third such fundraising round
Site in Unterschleißheim has 30MW of power available
Will provide growth capital and refinance existing loans
Expects the deal to complete later this year
Financing has initial commitment of $875m
Success off the back of AI
New fabs will create 70,000 jobs across the three sites
Company currently operates three facilities in the territory
Small facility previously occupied by Limestone Bank
New fab expected to be completed by November 2025
Facility to be leased to Bose as a manufacturing site
Will help customers manage distributed AI deployments
Looking to raise cash to service debts
Tech giant invests €600m into build
Deal will close later this year
Mark Zuckerberg said Meta "should invest significantly more over the coming years" in AI
Company buys fifth data center, previously a Honeywell facility
US investor actively looking at deals
KCOM has long held a monopoly in its home city of Hull
ISP provides fiber, Internet, colocation, and business voice services
Companies to develop direct-to-chip cooling solution
Notes backed by tenant lease payments
The deal was confirmed last month
Former Truist bank site available