Lambda expands Midwest presence with new AI factory in Kansas city
Lambda, the Superintelligence Cloud, is planning to transform an unoccupied 2009-built facility in Kansas City, Missouri, into a state-of-the-art AI.
Lambda, the Superintelligence Cloud, is planning to transform an unoccupied 2009-built facility in Kansas City, Missouri, into a state-of-the-art AI.
Verne, a leading provider of low-carbon, high-density data center solutions, has announced the appointment of Roland Chedlivili as Managing Director,
Chuck Robbins, Chair & CEO of Cisco and Peng Xiao, Group CEO of G42 in Abu Dhabi Cisco and G42
Vultr launched its high-performance cloud compute, cloud GPU, and bare metal infrastructure for the public sector. This launch empowers public
Source- Tecto DC V.tal’s subsidiary Tecto Data Centers has reached major construction milestones for its Mega Lobster project in Fortaleza,
BTQ Technologies has signed a USD 15 million strategic investment and development agreement with ICTK, Korea’s leading secure element chip
ENGIE North America (ENGIE) has entered into additional Power Purchase Agreements (PPAs) with Meta that will increase the overall scale
Erich Sanchack, CEO Salute Salute has launched the data center industry’s first comprehensive service for Direct-to-Chip (DTC) Liquid operations at
HUMAIN and Qualcomm Technologies announced a transformative collaboration to deploy advanced AI infrastructure in Saudi Arabia ahead of the 9th
Tajikistan is set to build its first fully hydropower-driven data center in the Darvoz district of the Gorno-Badakhshan Autonomous Region
Crusoe, the AI factory company, has announced the initial closing of its anticipated $1.375 billion Series E round, bringing the
Hyperscale Data, a diversified holding company anchored by Bitcoin, plans to launch an on-demand NVIDIA graphics processing unit (GPU) cloud
SuperX AI Technology has entered into a definitive agreement with the Hong Kong wholly-owned subsidiary of Shenzhen Chengtian Weiye Technology
Anthropic has announced plans to significantly expand its use of Google Cloud technologies, including up to one million Tensor Processing
As AI data centers face growing resistance from communities over water usage, alarm bells are sounding: the inability to build
nLighten has announced the first ICFEn (Integrated Carbon-Free Energy) scores for its facilities in the United Kingdom, Germany and Spain,
Aligned Data Centers (Aligned) and Calibrant Energy (Calibrant) announced a first-of-its-kind energy solution to address one of the data center
Kao Data has released a strategic report charting a clear path to accelerate the UK’s artificial intelligence (AI) ambitions in
Argyll Data Development has announced a strategic partnership with SambaNova, a next-gen AI infrastructure leader, to deliver the UK’s first
Applied Digital has entered into a lease agreement with a U.S. Based Investment Grade Hyperscaler at its state-of-the-art, purpose-built Polaris
OpenAI, Oracle and Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced plans to develop
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, officially announced the launch of its second data center
Vertiv has announced a leadership transition as Karsten Winther prepares to retire at the end of 2025. Taking the helm
800 VDC Architecture, Source- NVIDIA Vertiv has announced a milestone in its collaboration with NVIDIA to accelerate the next generation
Meta Platforms, Inc. and funds managed by Blue Owl Capital entered into a joint venture agreement which will develop and
Glesys has acquired Verne’s managed private cloud operations in Finland, including its data center facilities in Pori and Tampere. The
ST Telemedia Global Data Centres (India) (STT GDC India) has signed a Memorandum of Understanding (MoU) with the Government of
New VX1 plans, powered by AMD EPYC data center CPUs, deliver both cost savings and best-in-class performance for enterprise cloud
IBM (NYSE: IBM) and Groq today announced a strategic technology and go-to-market partnership aimed at delivering enterprise clients immediate access
A new data center may soon rise in Butte, Montana, as Sabey Data Centers, a leading U.S.-based developer and operator,
Las Vegas–based data center operator Switch has raised $659 million through its fourth asset-backed securities (ABS) offering, bringing its total
With comments from- Larry Wong, Katten Muchin Rosenman OpenAI plans to allow a wider range of content, including erotica, on
Small businesses are increasingly turning to emerging technologies like generative AI and cryptocurrency to compete with larger enterprises and streamline
Argentina is emerging as a strong contender to host Latin America’s first Stargate project. Fueled by clean energy, the initiative
Kaizen Circularity AI launched its Circularity AI Platform, a cloud-based SaaS application that helps metal producers and recyclers optimize operations,
EPC Power Corp. (EPC Power), a US based leader in high-performance power conversion systems, deployed one of the industry’s first
As a leader in innovation, the company designs precision environments for some of the world’s most advanced facilities, where reliability,
Vertiv announced a distribution agreement with PNY Technologies, a leading provider of NVIDIA-based solutions in Europe, Middle East and Africa.
The Artificial Intelligence Infrastructure Partnership (“AIP”), MGX, and BlackRock’s Global Infrastructure Partners (“GIP”) (collectively, the “Consortium”), will acquire 100% of
Virgin Media O2 is taking further steps toward its net zero carbon emissions goal through a new long-term Power Purchase
Start Campus, in partnership with Nscale, announces one of the European Union’s first deployments of the NVIDIA GB300 NVL72 platform
Gas Turbine Power Plant As towns across America push back against water-intensive data centers, Gneuton is stepping forward with a
Alcor Micro, part of Egis Technology, will spotlight its Mobius100 (CSS V3) platform at the OCP Global Summit 2025 in
SOURCE: d-Matrix Generative AI inference pioneer d-Matrix, in collaboration with AI infrastructure leaders Arista, Broadcom and Supermicro, announced SquadRack™, the
Oracle has announced new networking capabilities in Oracle Acceleron, Oracle Cloud Infrastructure (OCI)’s suite of network software and architecture, designed
Super Micro Computer, Inc. (SMCI) announced the availability of its Data Center Building Block Solutions® (DCBBS). These solutions are considered
Vertiv is extending its collaboration with Airtel Africa through Nxtra, its data centre division. Starting with Nigeria, this collaboration is
Flex has announced the industry’s first globally manufactured, fully integrated platform designed for gigawatt data centers supporting AI and HPC.
Johnson Controls announced a multi-million dollar strategic investment in Accelsius, a leader in two-phase, direct-to-chip liquid cooling technology for data
The ‘Bloom Energy and Brookfield’ strategic partnership marks the first phase of a joint vision to build AI factories capable
Colt Data Centre Services (Colt DCS), global provider of hyperscale and large enterprise data centre solutions, today announced the appointment
The Open Compute Project Foundation (OCP), in collaboration with the iMasons Climate Accord (iCA), unveiled the Embodied Carbon Disclosure- OCP
AMD and OpenAI announced a 6 gigawatt agreement to power OpenAI’s next-generation AI infrastructure across multiple generations of AMD Instinct
Photo- EuroHPC JU The EuroHPC Joint Undertaking (EuroHPC JU) has selected six new sites to host additional European AI Factories,
Yotta Data Services, India’s leading sovereign AI, cloud infrastructure and platform services provider, announced the launch of Shakti Studio, an
Google has announced a €5 billion investment in Belgium to expand its data centre operations and AI infrastructure, according to
DE-CIX Malaysia launched its full suite of interconnection services at NTT DATA’s CBJ1 Data Center in Cyberjaya. This collaboration marks a
QumulusAI, a provider of GPU-powered cloud infrastructure for AI, announced a $500 million non-recourse financing facility arranged by Permian Labs and distributed
As Asia accelerates its digital transformation, Microsoft is ramping up its cloud infrastructure investments to meet growing demand across the continent. In
Rendering of the Fermi America™ Private Grid Campus Fermi America™, developing the world’s largest, behind-the-meter artificial intelligence private grid campus
Tonomia SRL. represented by Founder & CEO Dr. Mustapha Belhabib. MiTAC Information Systems Corp. represented by President Charlotte Chou. MiTAC
Cisco 8223 Routing Systems and the Cisco Silicon One P200 Cisco unveiled the Cisco 8223, the industry’s most optimized routing system
Portland General Electric (PGE) and GridCARE successfully completed their first joint project to accelerate large load interconnections using flexibility for data centers in
Honeywell announced a global strategic collaboration with LS ELECTRIC to jointly develop and market hardware and software solutions that simplify the power management
Hyperscale Data, Inc., a diversified holding company has completed an order for 1,000 new Bitmain Antminer S21+ miners (“S21+’s”) for
CoreWeave, the AI Hyperscaler™, announced an agreement to acquire Monolith AI Limited, a pioneer in applying artificial intelligence and machine learning
Seva Vayner, Product Director for Edge Cloud and AI, Gcore Gcore has announced the launch of AI Cloud Stack, a next-generation software
Shizen Energy has reached 100 MW of executed Renewable Energy Purchase Agreements with Microsoft for four solar power projects in Japan.
Mapletree, the Singapore-headquartered real estate major, reportedly, is set to enter India’s booming data centre market with a large-scale investment
Phaidra, the company building AI agents for AI factories, announced a Series B funding round of more than $50 million
Centersquare has acquired 10 data centers across the United States and Canada, expanding its portfolio to 80 facilities and significantly increasing
Vertiv announced that as part of a previously announced transition, Chief Technology Officer Stephen Liang will retire after three decades of
Elea Data Centers, the first to implement Artificial Intelligence (AI) on a large scale in Latin America, has been awarded
hosted·ai has signed a strategic partnership with Maerifa Solutions, a leading digital infrastructure company focused on the provision of technology
SK Chairman Chey Tae-won and OpenAI CEO Sam Altman signed a Letter of Intent (LOI) and a Memorandum of Understanding
Fujitsu announced an expanded strategic collaboration with NVIDIA to create a full-stack AI infrastructure that integrates AI agents. The initiative
SharonAI, Australia’s leading Neocloud, announced a collaboration with Megaport Ltd. to accelerate its go-to-market strategy, enabling enterprise, government and research
With the rapid rise of AI usage fuelling a data center boom, SPX FLOW is playing a vital role in
The company behind the world’s first patented distributed data centers powered by distributed energy, Lektra has announced a strategic partnership
Soluna Holdings and Canaan, an innovator in crypto mining, announced a strategic hosting agreement to deploy 20 megawatts (MW) of
Schneider Electric has unveiled its world-leading portfolio of end-to-end liquid cooling solutions for hyperscale, colocation and high-density data center environments,
HighPoint Technologies has launched the Rocket 7638D, a revolutionary PCIe Gen5 switch adapter engineered to solve the most critical bottleneck
Fourier launched its Cold Plate Container Solution, a prefabricated containerized direct-to-chip system with an integrated chiller plant inside the module.
Accelsius has released the first industry-accessible two-phase cooling reference design, developed in collaboration with Jacobs. The study highlights significant cost
Empower Semiconductor announced the appointment of three distinguished industry veterans and executives to its Board of Directors. The new members
Firmus Technologies has selected Rafay, a leader in cloud-native orchestration, to integrate Platform-as-a-Service capabilities into the Firmus AI Cloud. The
Source- NVIDIA First of all, What’s NVIDIA Nemotron? Bryan Catanzaro in a blog notes that ‘NVIDIA Nemotron’ is a collection
The UK is at a pivotal moment in its digital journey. With more than £40 billion of fresh commitments from
In a move to power innovation in the energy and utilities sector, Seed Group, a company of The Private Office
KIO Data Centers plans to open a second data center in Guatemala which will quadruple KIO’s installed capacity in the
Keppel DC REIT and Keppel Ltd. (Keppel) have indirectly entered into agreements with unrelated third-party vendors, to acquire a 100%
Nscale has raised the largest Series B in UK and European history, at USD $1.1 billion. The financing was led
OpenAI, Oracle, and SoftBank announced five new US AI data center sites under Stargate, OpenAI’s overarching AI infrastructure platform. The
Equinix’s bold new approach to power the next wave of AI innovation, including agentic AI is “Distributed AI infrastructure” which
India is one of the largest data consumers in the world, with over 19 GB of data consumed per person
At a time when nations are scrambling to secure their technological futures, a $10 million seed round may not sound
The growth of AI is hampered by computational power. Increasing demands for AI to become ever more powerful and ever
OpenAI CEO Sam Altman has unveiled an ambitious vision to massively scale artificial intelligence infrastructure, proposing what he calls a
Image credits: telus.com/AIFactory TELUS announced the opening of Canada’s first fully sovereign AI factory, in Rimouski, Quebec, marking a historic
WiMi Hologram Cloud Inc. is exploring an innovative solution- Synergic Quantum Generative Network (SQGEN). The core of SQGEN lies in
Tencent Cloud announced a strategic partnership with StarkCloud, a leading Brazilian cloud services provider, to jointly accelerate digital transformation in
Source- JetCool Flex announced its new Modular Rack-Level Cooling Distribution Unit (CDU), available immediately as the latest addition to its
Gneuton announced its official launch, introducing a groundbreaking, globally patented thermal distillation technology designed to purify water using the waste
FireMon announced native support for NVIDIA Cumulus in FireMon Policy Manager. This provides unified policy visibility, change automation, and compliance
Obsidian Security has launched SaaS AI agent defense, giving enterprises the first purpose-built solution to govern how AI agents access
The STARLight project brings together a consortium of leading industrial and academic partners to position Europe as a technology leader
DaltonTx announces its exit from stealth and the completion of a £4 million seed financing round to build adaptive, AI-enabled
Empower Semiconductor, based in Silicon Valley, powers the AI revolution with its FinFast™ technology by reducing the energy footprint and
Sumo Logic launched its new Sumo Logic Dojo AI, powered by Amazon Web Services, Inc. (AWS), a breakthrough in intelligent,
Latos has secured full planning approval for its first revolutionary neural edge facility in Stockton-on-Tees. The £100 million state-of-the-art facility
source: Firmus Technologies Firmus Technologies has closed a A$330m equity placement with a cornerstone investment by Ellerston Capital, and participation
Asia Pacific’s leading data center provider, Princeton Digital Group (PDG) has announced its partnership with Flexidao and Tata Power Renewable
Gorilla Technology Group and Singapore-based infrastructure platform Freyr have together signed a three-year, $1.4 billion contract to develop a network
Cologix has acquired full ownership of TOR4, a purpose-built hyperscale data center in Toronto, through the purchase of CIM Group’s
NVIDIA and Intel Corporation will jointly develop multiple generations of custom data center and PC products that accelerate applications and
The operator of one of the UK’s largest purpose-built data centres, Stellium Datacenters has welcomed the HM government’s decision to
The UK Government has announced a landmark £150 billion investment package from US-based private sector firms during the US state
Wayne Searle AVK has announced the appointment of Wayne Searle as Chief People Officer to accelerate its growth trajectory and
MIDAS is partnering with Oleon, a trusted provider of sustainable, bio-based oleochemical products. Following extensive testing, Oleon’s Qloe™ fluids have
Image by- Quantum Motion Quantum Motion has delivered the industry’s first full-stack quantum computer to be built using a standard
Mueon, a company developing semiconductor-based systems for AI and hyperscale computing, announced its launch from stealth with $15.5M in seed
Soluna Holdings closed a scalable credit facility in an amount of up to $100 million from Generate Capital, PBC. The
XNRGY’s 330,000sqft Mesa 2 location marks the company’s fourth expansion in three years. (CNW Group/XNRGY Climate Systems) XNRGY announced the
A combination of renewables, grid balancing engines and energy storage make for the most cost-effective microgrids to power data centres,
Nscale and Microsoft have entered a commitment on Nscale’s AI Campus in Loughton, which will be the UK’s largest AI
Vultr announced that FluidCloud, the pioneer in portable cloud infrastructure, has joined the Vultr Cloud Alliance to accelerate and simplify
Galaxy Data Centers has partnered with British energy tech innovator Zendo to integrate clean energy and more efficient operations into
Image courtesy of Longroad Longroad Energy, a U.S. based renewable energy developer, owner and operator, announced today the financial close
SuperX PANAMA-HVDC jointly launched with Zhonhen Super X AI Technology Limited announced that its wholly-owned subsidiary, SuperX AI Solution Limited,
Dihuni has launched its GPU Cloud. Dihuni has rebranded the advanced Qubrid AI platform and is offering GPU as a
OpenAI is under intense scrutiny following reports that ChatGPT was linked to self-harm and suicide among young users, pushing the
SeoulTech Scientist Develops Artificial Synapses That Mimic Human Brain Function for Next-Gen AI Chips The innovative organic materials proposed by
Tract announced its official entry into the Des Moines market through the acquisition of a 453-acre, fully entitled site in
Titus Low Carbon Ventures (Titus) and AB Energy USA, LLC, through its operating entity Gruppo AB, announced a supply agreement
Vantage Data Centers announced its second London data center campus (LHR2) will open at the end of September. Located in
NorthC has signed an agreement to build a new regional data center at the Innovation Campus uptownBasel in Arlesheim. This
Asperitas has closed its scale up investment round for an undisclosed amount. The round was led by STECON GROUP GLOBAL
Shree Refrigerations Limited (SRL) has announced a strategic association with Smardt Chillers Pte Ltd, the global leader in oil-free chillers
Plus Power’s Cranberry Point Energy Storage in Carver, Mass Plus Power is now operating its Cranberry Point Energy Storage facility
The Digital Realty Innovation Lab (DRIL) offers partners and customers a fully supported, real-world data center testing environment where they
Data center electricity consumption is expected to more than double by 2030, with nuclear power emerging as the preferred solution
Executives from Airtel, Rendeavour, and Government representatives at the official groundbreaking ceremony of the Nxtra by Airtel Africa 44MW Data
Image Credits: Vantage DC Vantage Data Centers has secured a $1.6 billion investment to scale its Asia-Pacific platform. The investment
Babcock & Wilcox Enterprises, Inc. (“B&W”) signed a strategic partnership agreement with Denham Capital’s Sustainable Infrastructure arm (“Denham”) to jointly
CoreWeave, the AI Hyperscaler™, launched CoreWeave Ventures, a new initiative committed to backing founders and companies developing the platforms and
Eviden XH3000 JUPITER at Juliech Supercomputing Centre; Source- Atos International Eviden, the Atos Group product brand announces that the Eviden-built
Digital Edge Team and B.Grimm Power Team at the Groundbreaking Ceremony Digital Edge (Singapore) Holdings and B.Grimm Power broke ground
HydraVault rendering of Chicago’s first purpose-built data center engineered for AI, financial services and medical research. HydraVault announced that construction
Brazil’s leading sustainable data center platform and the first to implement large-scale artificial intelligence infrastructure in Latin America, Elea Data
The Institute of Foundation Models at Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) and G42 announced the launch of
Johnson Controls has expanded its data center thermal management offerings with the launch of its Silent-Aire Coolant Distribution Unit (CDU)
ODATA, an Aligned Data Centers Company, announced a US $1.02 billion green financing focused on sustainable data center infrastructure investments.
Data4, a European data center operator, and EDF has signed a twelve-year Nuclear Production Allocation Contract (CAPN). This partnership agreement
Nautilus Data Technologies debuted its expanded offerings in the EcoCore COOL Cooling Distribution Unit (CDU) product line, the next generation
OptiCool Technologies launched its new 120kW Rear Door Heat Exchanger (RDHx) – the highest-capacity rear door heat exchanger (RDHx) on
Modine announced the launch of its updated range of Computer Room Air Conditioners (CRAC) and Air Handlers (CRAH) for North
LG Electronics has inked an agreement with global data infrastructure firm DATAVOLT to deliver advanced cooling solutions for a new
Sterlite Technologies Inc. (STI), a U.S. subsidiary of STL has become one of the few companies to develop the world’s
Aerial view of Pelagos Data Centres (PRNewsfoto/Pelagos Data Centres) A major data centre that will deliver up to 250 megawatts
Cisco unveiled a solution for building AI infrastructure designed to support workload data fabrics, further enabling enterprises to securely use
Montage Technology’s CXL 3.1 Memory eXpander Controller (MXC) Montage Technology launched its CXL® 3.1 Memory eXpander Controller (MXC, Part No.
Prometheus Hyperscale and Conduit Power LLC announced a partnership to deliver reliable hybrid bridge and back-up power solutions for data
Deloitte announces the launch of its global AI Infrastructure Center of Excellence (CoE), dedicated to supporting clients around the world
Flexential has expanded its footprint in one of the country’s most competitive digital infrastructure markets with the acquisition of a
nVent Electric announced the lease of new manufacturing space in Blaine, MN. The new 117,000 square foot facility will expand
BluSky AI Inc., headquartered in Salt Lake City, Utah, is a Neocloud purpose-built for artificial intelligence through rapidly deployable SkyMod
OptiCool Technologies announced the appointment of Lawrence “LL” Lee as its first Chief Channel Officer (CCO), underscoring the company’s commitment
A transformative $100 billion data center campus is coming to the Northland, bringing critical development infrastructure, significant community investment, and
Khazna Data Centers (Khazna) has secured a $2.62 billion financing facility to fuel its ambitious UAE and international growth plans.
AVAIO Digital Partners (AVAIO Digital) has signed an agreement with Schneider Electric to purchase switchgear, PDUs, UPSs and chillers in
ENGIE North America has entered into an agreement with Prometheus Hyperscale, a leading sustainable hyperscale data center developer. Together, they
Trane®, by Trane Technologies has extended its chiller plant control facility programming application, specific to the unique operating needs and
Andrea Ferro, VP power & IT systems for Vertiv, EMEA Vertiv announced the new Vertiv™ PowerIT rack power distribution units
Arelion’s Scandinavian fiber upgrade Arelion has announced major fiber investments in its extensive Scandinavian network to connect hyperscale data centers
SAP SE announced a comprehensive new approach to digital sovereignty and AI innovation. Expanded offerings within the SAP Sovereign Cloud
Rendering of the Fermi America™ Private Grid Campus Fermi America, developing the world’s largest, behind-the-meter artificial intelligence private grid campus
Vietnam’s state-owned Viettel Group has launched two flagship national projects worth around USD 1 billion, according to Blackridge Research and
Hut 8 Corp. plans to develop four new sites across the United States. The expansion positions the Company to meet
Inspired has signed a landmark tri-party corporate power purchase agreement (CPPA), with VIRTUS Data Centres; and Lynn and Inner Dowsing
STACK Infrastructure has revealed its involvement in Project Jupiter, a proposed next-generation data center campus in Doña Ana County. STACK
Green Mountain and German energy provider KMW have signed a long-term agreement with an international company for 36 MW of
OpenAI is reportedly preparing to build a large-scale data center in India as part of its Stargate infrastructure program, Bloomberg
This next-gen facility at SIPCOT IT Park, Siruseri, Chennai, is part of Techno Digital’s $1 billion investment commitment towards building
SK Telecom has signed a comprehensive integrated procurement agreement with Schneider Electric for mechanical, electrical and plumbing (MEP) equipment and
Applied Digital has finalized a new lease agreement with CoreWeave, the AI Hyperscaler™, for an additional 150MW at its Polaris
Reliance Industries Limited has announced a joint venture that will build and scale enterprise AI solutions for enterprises in India and
Saudi Arabia’s national AI company HUMAIN and US chipmaker AMD have unveiled a $10 billion joint venture, announced during US
Gentari and Gamuda have teamed up to develop 1.5 gigawatts (GW) of renewable energy capacity to meet the soaring power
Infineon Technologies announced the strengthening of its existing collaboration with Delta Electronics, Inc., in the development of state-of-the-art high-density power
Google, reportedly, has announced an additional $9 billion investment in Virginia through 2026, aimed at strengthening its cloud and AI
Hivelocity announced the sale of its colocation services business at 350 E. Cermak Road, Chicago (ORD1) and 36 NE 2nd
Photo: GSA Data Center 01 Company Limited The Asian Development Bank (ADB) and GSA Data Center 01 Company Limited (GSA)
Group Photo, From Left to Right: Hidekazu Tanaka, Manager of Business Development Department, Keihan Real Estate Co., Ltd.; Syunsuke Toyoda,
Soluna Holdings has reached a key milestone with One Gigawatt of clean computing projects in either operation, construction, or development,
Lightpath will construct 130-route miles of AI-grade fiber infrastructure in Eastern Pennsylvania to connect the rapidly developing hyperscale data center
Digital Realty has broken ground on its first data center in Rome, strengthening its position in delivering PlatformDIGITAL®, the world’s
Source- Vertiv Vertiv Holdings has acquired Waylay NV, a Belgium-based leader in hyperautomation and generative AI software platforms, as part
atNorth, together with Crusoe, announced the significant expansion of Crusoe Cloud capacity at atNorth’s ICE02 data center in Iceland. This
OpenLight announced the close of its oversubscribed $34M Series A. The round is co-led by Xora Innovation and Capricorn Investment
Funds managed by Blue Owl Capital, and affiliates of Chirisa Technology Parks and Machine Investment Group closed on a joint