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New York Data Center Intel
Latest data center news, projects, power and policy across New York — updated daily.
Recent New York data center news
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T5 plans five gigawatt-scale data center campuses, announces Chicago campus
US-based T5 Data Centers announced the development of multiple gigawatt-scale campuses, starting with a site in Grayslake, Illinois, designed to support 1.2GW across 20 buildings. The first phase of occupancy is set to begin in 2027, marking a key milestone in their vision to meet customer demand with sustainable solutions.
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🌎 DeepSeek hype vs. the hyperscalers #232
Chinese AI startup DeepSeek launched its R1 model, claiming it was far cheaper and more energy-efficient to train than US competitors. Costing just $6m to develop — compared to OpenAI’s reported $100m+, DeepSeek performed similarly to leading competitors while using only ~2,000 Nvidia H800 GPUs. This breakthrough raises more questions about future power demand from AI workloads, especially as data centers were projected to consume 650-1,050 TWh by 2026. The energy efficiency claims are being closely scrutinized as inference loads may offset training savings.
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Press Release Archives - Closed Loop Partners
US-based Capricorn Investment Group made a strategic investment in Closed Loop Partners to enhance capital deployment in circular supply chains and waste reduction solutions. This investment strengthens Closed Loop Capital Management’s position in accelerating the transition to a circular economy.
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DDBMiner helps you earn $32,800 a day: the most popular cloud mining brand
US-based DDB Miner utilizes renewable energy sources, such as solar and hydro, for its cloud mining operations. The company operates 89 mining farms worldwide, focusing on minimizing costs and maximizing efficiency to deliver daily passive income to users ranging from $500 to $200,000. By integrating renewable energy cycles, DDB Miner targets carbon neutrality and generates significant returns for investors.
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Magma Power Unveils Groundbreaking 18th Global Patent…. A Breakthrough Technology Detecting Entry & Drilling Through a Magma Reservoir
US-based Magma Power LLC has unveiled a groundbreaking drilling method and system that enables the precise detection and controlled drilling through underground magma reservoirs. This revolutionary technology has led to the development of the world’s largest AI data center project, requiring 10 gigawatts of baseload power sourced directly from magma and estimated at $20 billion in costs.
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Hut 8 Operations Update for January 2025
Miami-based Hut 8 Corp. announced infrastructure upgrades are near completion ahead of expected miner deliveries. The company is on track to energize its 205 MW Vega project in Q2 2025, as data center construction progresses rapidly. Hut 8 also highlighted its continued focus on optimizing returns and advanced AI data center development opportunities.
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Winning construction sectors under Trump
US-based contractors are expected to see a surge in data center construction, with projections indicating a growth forecast of 10% to 20% annually over the next five years. The energy demand for these centers is anticipated to triple within three years, consuming 12% of the national energy usage. Contractors are optimistic about future energy projects due to the push for fossil fuels and nuclear energy.
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https://iea.blob.core.windows.net/assets/38a95939-ae3f-4e6b-8b33-f203cc18e02d/Electricity2025.pdf
The IEA’s Electricity 2025 report forecasts strong growth in global electricity demand, driven by industrial production, air conditioning, and electrification. Renewables are set to meet most of the demand growth, with significant contributions from solar and wind. The report highlights the need for system flexibility and the role of coal and gas in providing it.
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Transmission and Distribution (T&D) Equipment Market to Grow by USD 82.9 Billion (2025-2029), Increased Power Generation Demand Boosting Market, AI Impact - Technavio
The Transmission and Distribution (T&D) Equipment Market is projected to grow by USD 82.9 billion from 2025-2029, with a CAGR of over 5.3%. This growth is driven by increased demand for power generation, an emphasis on energy efficiency, and capital expenditures on infrastructure development, particularly in renewable energy sources such as solar and wind. Companies like Schneider Electric are leading the development through advanced smart grid technologies and flexible power solutions.
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Data Center Power Market to grow by USD 24.05 Billion from 2025-2029, driven by rising data center investments, AI's impact on market evolution - Technavio
The global data center power market size is estimated to grow by USD 24.05 billion from 2025-2029, driven by increasing investments in data centers. As organizations focus on digitization and cloud networking, they invest heavily in advanced energy-efficient solutions, including Uninterruptible Power Supply systems and energy monitoring technologies. This significant market growth is reflective of the critical role data centers play in powering IT infrastructure across various sectors.