NTT Data is exploring data center development in Saudi Arabia to address the region’s AI infrastructure needs. The company aims to invest over $10 billion in global data center expansion through 2027.
Nebius has signed a $3 billion AI infrastructure deal with Meta and reports being completely sold out of available capacity. The company’s revenue surged 355% year-over-year as demand for AI computing explodes.
AI cloud provider CoreWeave reported its revenue backlog doubled to $55.6 billion in Q3, with $25 billion added in just three months. The company signed massive deals with Meta ($14.2bn) and OpenAI ($6.5bn) while diversifying its customer base away from single-client dependency. Despite the explosiv
Google just hired Tyler Norris, a leading energy researcher who recently published influential work on data center power flexibility. The move comes as AI-driven electricity demand threatens to overwhelm power grids. Norris will focus on market innovations to balance AI growth with clean energy goal
Equinix is investing $22 million in a new Lagos data center set to open in early 2026. The LG3 facility represents the first phase of a $100 million African expansion plan. This continues the company’s push into West Africa following its 2021 MainOne acquisition.
SDC Capital Partners has acquired 97 acres of data center-zoned land in Leesburg, Virginia for $615 million. The deal represents one of the largest land acquisitions in the region’s booming data center market. The site could eventually host up to 1.6 million square feet of data center space.
OpenAI has committed to $1.4 trillion in computing infrastructure spending through agreements with Microsoft, Amazon, and Oracle. The company currently generates just $13 billion in annual revenue, creating a massive funding gap. This concentration risk could trigger a market crash if OpenAI can’t s
Deutsche Bank is exploring ways to hedge its massive exposure to data centers after lending billions to the AI infrastructure sector. The bank is considering shorting AI stocks and buying default protection as concerns grow about a potential bubble.
Google is taking AI compute to the final frontier with Project Suncatcher. The company plans to launch prototype satellites with TPUs by early 2027, betting that space-based solar power and falling launch costs could make orbiting data centers economical by the mid-2030s.
Cisco is betting big that AI will dominate partner business within 3-5 years. The company just rolled out several new platforms including Cisco Unified Edge, Cisco IQ, and enhanced security controls for MSPs. Most offerings ship between December 2025 and fiscal 2026.
