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data center developers
Trends
- 1Cornelis Networks Raises $205 Million in Funding Round●Chesterbrook AI Startup Cornelis Networks Raises $205M in Funding
Cornelis Networks, a Chesterbrook-based AI networking startup, has raised $205 million in new funding. The Pennsylvania company develops high-performance interconnect technology used in data centers running AI and high-performance computing workloads. The sizable round highlights continued investor appetite for infrastructure companies supporting the AI boom, and local business outlets are flagging it as a major win for the Philadelphia-area tech scene.
- 2Data center developer sues city over renewable energy rule●Data center developer sues city for requiring to supply renewable energy on-site
A data center developer is suing a city in the St. Louis area after local officials required it to supply renewable energy on-site as a condition for building. The case has sparked debate about whether cities can impose green energy mandates on large power-hungry developments, and it highlights growing tension between booming data center construction and local environmental rules.
- 3Data center neighbors push for rules on expansion●Data centers’ neighbors weigh in on how to manage them
People living near large data centers are speaking out about how the facilities should be managed in their communities. The debate centers on issues commonly tied to data centers, including energy and water use, noise, and land development. Local officials are weighing resident input as demand for data centers grows, and communities are pushing for clearer rules on where and how the facilities can operate.