Connect with us

AI

AI boom drives data centre dealmaking to record $61 billion

Published

on

[ad_1]

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…

[ad_2]

Source link

Continue Reading