
Articles
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1 week ago |
capacitymedia.com | Nadine Hawkins
FiberLight has announced that it has entered into an agreement to acquire Metro Fiber Networks (MFN), a fibre provider serving carriers and public institutions in Richmond and Virginia Beach, Virginia. The transaction is expected to close in the second quarter of 2025 pending customary closing conditions. The financial terms of the deal were not disclosed.
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3 weeks ago |
capacitymedia.com | Nadine Hawkins
1547 and investment management firm Harrison Street have announced the acquisition of DRFortress, Hawaii’s largest carrier-neutral data centre, from GI Partners. GI Partners originally acquired a majority stake in DRFortress in January 2020. Under their stewardship, the company nearly doubled its colocation capacity.
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3 weeks ago |
capacitymedia.com | Nadine Hawkins
Project Kuiper is set to launch its first full-scale batch of satellites into space next week. The mission, dubbed "KA-01" (Kuiper Atlas 1), will be carried out by United Launch Alliance (ULA) using an Atlas V rocket from Cape Canaveral Space Force Station, Florida. Some 27 satellites will be launched into low Earth orbit at an altitude of 280 miles (450 kilometres). Project Kuiper’s first-generation satellite constellation will consist of more than 3,200 low Earth orbit satellites.
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3 weeks ago |
capacitymedia.com | Nadine Hawkins
The satellite industry is undergoing a seismic shift. With the meteoric rise of Starlink—the tech world’s version of Goliath—smaller players like Avanti Communications find themselves navigating a rapidly evolving landscape they have dominated for decades.
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3 weeks ago |
capacitymedia.com | Nadine Hawkins
OpenAI has announced the closure of a historic $40 billion funding round, marking the largest private tech investment to date. Japan’s SoftBank is leading the investment with a $30 billion contribution, joined by key backers such as Microsoft. This influx of capital values OpenAI at $300 billion — nearly three times the previous record for private tech funding. The investment will be used to push the boundaries of artificial intelligence research and expand OpenAI’s computing infrastructure.
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