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.

Fresh data delivered Saturday mornings The difference between the ... responsible and those who report it are more likely to be believed. A new Pew Research Center survey finds that 1.6% of U.S.

While the administration would not have pursued the project further without the support of the community and the council, Costas said, “it is clear now that the option of a data center is not ...

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 ...

The surge in data centers in Ohio has raised concerns about electricity use, with demand expected to rival Manhattan's by 2030. More data centers are coming to central Ohio, this time to Marysville.

Data centers contributed 4.7 million jobs to the US economy from 2017 to 2023, a PwC study says. Most of those jobs were attributed to "the multiplier effect," a standard and controversial model.