PGIM Real Estate raised $2 billion for its first Global Data Center Fund as the sector continues to draw demand, attention – including in NJ.
Dozens of data center announcements have flooded the Atlanta area over the past few years, but the latest such proposal is poised to be the largest of them all.
The Trump administration identified 16 sites for the development of artificial intelligence (AI) data centers Thursday on ...
New Jersey-based global investment giant PGIM Real Estate is creating a 10-figure capital fund to capitalize on the growing ...
The goal of the fund is to use a "build-fill-sell" strategy, so it could maximize returns, according to a statement from PGIM ...
PGIM Real Estate has raised $2 billion for its first dedicated data center fund as investors clamor to bet on digital ...
The Phoenix metro is seeing strong interest from data center developers looking to build out new projects in the region.
While Ohio's energy consumption is expected to rise, industry leaders disagree on whether it will lead to a crisis. Although some projections predict an energy shortfall, others say it's unclear ...
Privy, a provider of cryptocurrency wallet infrastructure, raised an estimated $15 million in a funding round led by Ribbit Capital. The company, which announced the funding on Wednesday, offers ...
More than 500 residents filled the council chambers, hallways and outer steps of Valparaiso City Hall at the Monday City Council meeting eager to express anger and hear further details of a ...
Cameco's stock declined due to concerns over China's less energy-intensive AI, impacting the outlook for nuclear-powered data centers, as well as due to the broader market selloff. Despite recent ...
There’s a power crunch looming as AI and cloud providers ramp up data center construction. But a new report suggests that a solution lies beneath their foundations. Advanced geothermal power ...