The Trump administration identified 16 sites for the development of artificial intelligence (AI) data centers Thursday on ...
The Phoenix metro is seeing strong interest from data center developers looking to build out new projects in the region.
PGIM Real Estate raised $2 billion for its first Global Data Center Fund as the sector continues to draw demand, attention – including in NJ.
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 ...
Opinions expressed are those of the author. Operators are rethinking every aspect of their data centers to ensure they maintain optimal performance levels, including developing new cooling systems ...
PGIM Real Estate has raised $2 billion for its first dedicated data center fund as investors clamor to bet on digital ...
The country poured billions into AI infrastructure, but the data center gold rush is unraveling as speculative investments collide with weak demand and DeepSeek shifts AI trends. A year or so ago ...
A bubble is forming amid the scramble to build data centers to power the AI boom, Alibaba's chairman said. "I start to get worried when people are building data centers on spec," he said.
AI, other key factors are feeding a continued expansion and hunger for data center development, in spite of certain challenges. The data center industry experienced record growth in 2024 ...