Developer seeking to build large-scale Indianapolis data center
If fully developed, the 468-acre data center complex would have up to four buildings and 400 employees making annual salaries of about $100,000.
If fully developed, the 468-acre data center complex would have up to four buildings and 400 employees making annual salaries of about $100,000.
The decision comes as developers seek to build a colocation site—a data center with multiple tenants—on a portion of the 626 acres.
A spinoff of Indianapolis-based venture studio High Alpha that works with organizations to help them create and launch startups is preparing to announce a new round of investment from its first-ever outside investors, said CEO Elliott Parker.
A financial industry arbitration panel has ordered Stifel, Nicolaus & Co. Inc. to pay $7 million in attorney’s fees to a group of former Stifel advisers.
More than 200 residential properties around Indianapolis are connected to at least one of the more than two dozen active lawsuits that investors, lenders and contractors have filed against brothers Jeremy and Joshua Tucker.
The Central Indiana Corporate Partnership report’s findings show that tech-industry funding has still not rebounded from the slowdown that began in 2022.
Speaking at IBJ’s Technology Power Breakfast on Monday, U.S. Sen. Todd Young of Indiana also discussed the challenge of striking a balance between encouraging innovation in artificial intelligence and developing necessary guardrails.
“I’ve had many mentors at this point—well-established engineers and professionals—and they have helped me learn a lot. And I think a lot of the things that I’ve learned from them are a lot more applicable than some of the things I would have had to learn in school.”
Chicago-based M25, a venture firm that invests in early-stage Midwestern tech startups, has named local entrepreneur Brian Powers as its Indianapolis-based venture partner.
Pillar, which launched out of High Alpha in 2021, offers a platform employers can use to help evaluate job candidates during the interview process.
The collection agency, which had more than 90 employees, was ordered in 2023 to pay a $1.68M penalty for violations of federal debt-collection and credit-reporting laws.
Indianapolis-based Katz Sapper & Miller, the city’s largest accounting firm, hopes to grow its new information technology consulting practice significantly over time.
Indianapolis-based TechPoint, which supports the state’s tech sector, honored Republic Airways, Accutech and 18 other winners at its annual Mira Awards gala Thursday night.
A Denver-based company is seeking to build a data center campus on about 285 acres of the 626-acre property.
High School Hustle, which helps teens start their first business, is now active in 13 local schools and is set to reach about 1,000 students this year.
Sweden-based ImagiLabs and Minnesota-based Awesome People Leaders say participating in an Indy-based startup accelerator convinced them to expand their operations in Indiana.
LDI, a family-owned holding company, said it plans to expand its operating portfolio in coming years and brought Mitch Daniels on board as an executive partner to help with this goal.
Residents voiced a variety of concerns about the proposed data center, but the three-person board voted unanimously to move forward.
Indianapolis-based Gate Neurosciences, which is in clinical trials of a medicine to treat depression, plans to acquire California-based biotech startup Boost Neuroscience.
Indianapolis-based financial firm Thurston Springer Financial has acquired Florida-based Peak Reps in a deal that closed Jan. 31.