AI boom drives data centre dealmaking to record $61 billion

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Global data-centre dealmaking surged to a record ‍high through November this year, driven by an insatiable demand ⁠for computing infrastructure to meet the boom in artificial intelligence usage.

Data from S&P Global Market Intelligence showed that there were more ‌than ‌100 data centre transactions during the period, with the total value ‌sitting just under $61 billion.

Why it’s important

Interest in data centres has swelled this year as tech giants and AI hyperscalers have planned billions of dollars in spending to scale up…



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AI boom drives data centre dealmaking to record $61 billion



Global data-centre dealmaking surged to a record ‍high through November this year, driven by an insatiable demand ⁠for computing infrastructure to meet the boom in artificial intelligence usage.

Data from S&P Global Market Intelligence showed that there were more ‌than ‌100 data centre transactions during the period, with the total value ‌sitting just under $61 billion.

Why it’s important

Interest in data centres has swelled this year as tech giants and AI hyperscalers have planned billions of dollars in spending to scale up…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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