45k user reviews & 1 million votes, over 29k web hosting brands & 85k plans since 2004!
Menu
WHTop → 📋 News → AI Data Centers to Generate $915B in Revenue by 2034
Jan, 2025 : AI Data Centers to Generate $915B in Revenue by 2034
📅 - A newly released study by industry analysis firm CIR provides a comprehensive look at the commercial prospects for AI data centers over the next decade. The report, titled Networks and Power Requirements for AI Data Centers: A Ten Year Market Forecast and Technology Assessment, forecasts a transformative shift in the data center landscape fueled by AI-driven technologies.
The report projects that by 2030, global AI data centers operated by tech giants such as Google, Microsoft, OpenAI, and others will invest $420 billion in cutting-edge server, networking, and storage solutions. These investments will be underpinned by advanced technologies like silicon photonics, co-packaged optics [...][... Check source for end of article ...]
📅 - H5 Data Centers and Novacap Launch Joint Venture - H5 Data Centers, a privately-owned data center operator in the United States, has partnered with Novacap, a prominent North American private equity firm, to form a joint venture aimed at revolutionizing data center infrastructure across North America. The partnership aims to meet the rising need for enterprise and hyperscale clients to have access to scalable, superior colocation facilities.
The joint venture prioritizes the development and strategic repositioning of state-of-the-art data center facilities in key markets. These facilities will feature robust infrastructure, advanced connectivity options, and cutting-edge security, catering to the expanding IT requirements of modern [...]
📅 - JLL Secures $1.2B for BlackChambers Northern Virginia Data Centers - BlackChamber Group has secured over $1.2 billion in construction financing for 2024, facilitated by JLL's Capital Markets division. The funds will support the development of four hyperscale powered shell data center campuses in Northern Virginia, boasting a combined capacity exceeding 740 megawatts. This significant investment underscores the continued growth and importance of Northern Virginia as a global data center hub.
The financing was arranged by JLL on behalf of BlackChamber as part of its Northern Virginia development portfolio. The portfolio includes eight sites with a total potential capacity nearing 1.5 gigawatts (GW) of gross electricity spread across more than six million [...]
📅 - Cisco Unveils AI Defense to Secure the AI Transformation of Enterprises - Global networking and security solutions vendor Cisco has unveiled Cisco AI Defense, a ground-breaking tool for facilitating and protecting AI transformation in businesses. Existing security solutions are ill-equipped to handle the rapid speed at which new safety issues and security dangers are developing as AI technology develops. Cisco AI Defense was created specifically to help businesses create, implement, and safely safeguard AI applications.
"When adopting AI, business and technology leaders cannot afford to compromise safety for speed," said Jeetu Patel, Cisco's executive vice president and chief product officer. "In a dynamic environment with intense competition, the winners are [...]
📅 - Gcore Announces Major Upgrade to Its Everywhere Inference Platform - Global CDN, cloud and network solutions provider Gcore has unveiled a major upgrade to its Everywhere Inference platform, formerly known as Inference at the Edge. This enhanced solution aims to deliver ultra-low latency AI application experiences while offering the highest deployment flexibility across diverse infrastructure setups.
It allows businesses to deploy AI inference workloads on public clouds, Gcore's proprietary cloud, on-premises systems, or a hybrid of these environments.
The upgrade responds to the growing complexity of AI inference workloads and the need for adaptable, scalable deployment options. With AI rapidly becoming integral to business operations, Gcore's enhanced [...]
📅 - ControlMonkey Raises $7M to Transform Cloud Automation with AI - ControlMonkey, an innovative cloud automation platform offering Total Cloud Control with Terraform, has officially launched globally alongside the completion of a $7 million seed funding round. The funding, led by Joule Ventures and Lool Ventures, aims to accelerate ControlMonkey's expansion, enhance product development in cloud governance, and bolster its engineering, customer success, and go-to-market strategies.
Founded by cloud technology veterans Ori Yemini and Aharon Twizer, both integral to the success of Spot.io (acquired by NetApp for $450 million in 2020), ControlMonkey delivers a transformative approach to managing enterprise-scale cloud infrastructure. The platform is designed [...]
📅 - EXA to Acquire Aqua Comms, Expanding Transatlantic Network Capacity - EXA Infrastructure, a digital infrastructure operator and portfolio company of global investment manager I Squared Capital, has announced its agreement to acquire Aqua Comms, a specialized operator of transatlantic and intra-European subsea cable networks. The acquisition is set to bolster EXA Infrastructure's extensive network capabilities, aligning with its commitment to support growing global demand for AI, cloud, and content services.
Headquartered in London, EXA Infrastructure operates over 150,000 kilometers of digital infrastructure across 37 countries, including 20 strategically located cable landing stations that provide vital connectivity to subsea systems. The acquisition of [...]
📅 - 
📅 -