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📅 - Study: 60% of Enterprises See AI ROI Now or Within 12 Months - As artificial intelligence shifts from experimental pilots to business-critical applications, enterprises are adopting more complex infrastructure strategies that emphasize hybrid models and geographic distribution. That is the conclusion of new sponsored research published by DataBank, a U.S.-based provider of enterprise colocation, connectivity, and managed services.
The study, Accelerating AI: Navigating the Future of Enterprise Infrastructure, finds that companies are moving away from relying exclusively on generic, cloud-based AI platforms. Instead, they are increasingly developing customized models and distributing workloads across colocation, on-premises systems, and cloud [...]
📅 - DataBank Acquires Building Housing Its EWR2 Data Center in New Jersey - DataBank has acquired the physical facility that houses its EWR2 data center in Piscataway, New Jersey, signaling a strategic shift from leasing to ownership within its infrastructure portfolio. The move underscores DataBanks long-term investment strategy and aims to increase operational control, scalability, and reliability for clients relying on the site for mission-critical applications.
EWR2, one of several edge data centers operated by DataBank across the U.S., provides colocation, connectivity, and managed services for enterprise and institutional clients. Among its key tenants is the New Jersey Institute of Technology, which runs its Wulver High-Performance Computing (HPC) [...]
📅 - DataBank, Gigabit Fiber Extend Dallas Lease, Expand Network Partnership - Enterprise-focused data center operator DataBank and metro fiber provider Gigabit Fiber have announced an extension of their long-standing lease at 400 S. Akard Street in downtown Dallas. The enlarged contract would strengthen the businesses' growing business partnership by giving them more room and authority.
Gigabit Fiber owns and operates more than 1,000 route miles of deep fiber and conduit systems in Dallas, Austin, San Antonio, El Paso, and South Texas. The extended lease reinforces a strategic alliance that has evolved over more than two decades.
The move signals continued investment in the regions digital infrastructure and deepens both companies' commitment to building a [...]
📅 - DataBank Secures $250M Investment and $600M Secondary Share Sale - DataBank, a provider of edge colocation, connectivity solutions and managed services has secured a $600 million secondary share sale alongside a $250 million equity investment from private equity firm TJC. This latest funding follows strong investor interest in DataBanks $2 billion primary equity round announced in October 2024, bringing the companys total debt and equity financing to approximately $5 billion over the past 18 months.
The secondary share sale involved purchases from existing investors, highlighting continued demand for high-quality investments in the data center sector, particularly as artificial intelligence (AI) accelerates the need for scalable digital infrastructure. [...]
📅 - DataBank Obtains NVIDIA DGX-Ready Data Center Program Certification - DataBank, a provider of high-performance computing (HPC)-ready edge colocation, interconnection, and managed services, has earned certification under the NVIDIA DGX-Ready Data Center program. This accreditation affirms that DataBanks facilities are optimized for hosting NVIDIA DGX systems, ensuring they meet the stringent demands of AI infrastructure.
The certification applies to six of DataBanks locations, spanning Atlanta, Denver, Dallas, New York, and Minneapolis. These facilities are now validated to support advanced AI hardware, including NVIDIA Blackwell, NVIDIA Grace CPUs, and NVIDIA BlueField networking, and are equipped with liquid cooling capabilities essential for high-density [...]
📅 - Colocation provider DataBank's SLC5 data center in Bluffdale, Utah's Granite Point North campus complex, has opened data halls 4 and 5.
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