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Infrastructure Products

QTS cuts planned private debt sale by about 60%

Blackstone-backed data center operator QTS is cutting a planned private debt sale by about 60%, Bloomberg reports. The reduction follows difficulty attracting sufficient investor demand and QTS's refusal to pay much higher yields, shrinking the financing it planned to raise through the sale.
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Bloomberg Technology
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Infrastructure
Infrastructure

GlobalFoundries starts construction of Japan-funded New York chip fab

GlobalFoundries says it broke ground November 13 on a new semiconductor factory in Malta, New York, starting construction of the first of two planned fabs under a U.S.-Japan initiative providing up to $21 billion in funding.

Markets Insider
Capital Infrastructure
Capital Infrastructure

Drogue raises $20 million for ocean-powered floating data centers

Drogue has raised $20 million to develop floating data centers powered by ocean temperature differences, the startup told TechCrunch. Investors include XYZ Venture Capital, Toyota Ventures and Tamarack Global.

TechCrunch
Capital AI
Capital AI

ValkaAI extends pre-seed funding round to €13 million

Czech startup ValkaAI has extended its pre-seed funding round to €13 million, with backing from Look AI Ventures and ff Venture Capital. The company announced €12 million in initial external funding in February 2026.

EU-Startups