With information middle information shifting sooner than ever, we wish to make it straightforward for business professionals to chop by means of the noise and discover an important tales of the week.
The DCN Information Roundup brings you the newest information and developments throughout the info middle business – from investments and mergers to safety threats and business traits.
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Market Progress in AI and Information Heart Turbines
Based on a new S&P Global Ratings report, international AI spending, notably within the information middle house, is predicted to develop over 20% by means of 2028 to make up 14% of whole IT spending.
“Cloud giants are closely investing in AI regardless of unsure monetization timelines, with mixed capital spending for Microsoft, Alphabet, and Meta up 60% 12 months over 12 months,” mentioned S&P Expertise Director Christian Frank.
Moreover, AI chips drove development within the semiconductor sector. Between Intel and AMD, information middle chips income grew 31% 12 months over 12 months and 9.4% quarter over quarter.
Lastly, a brand new research from World Market Insights discovered the info middle generator market, too, is ready to develop over the subsequent eight years, doubling its present market worth to over $2.1 billion by 2032. Confronted with growing old infrastructure and a rise in excessive climate occasions, information facilities are deploying backup energy methods — primarily within the type of turbines — to avert energy outages.
Equinix Enlargement
Buoyed by the continued demand for AI infrastructure providers, Equinix noticed notably sturdy Q2 development amid the business’s crowded subject of hyperscale operators.
In current months, Equinix introduced plans to enter the Philippines market, opened its first information middle in Johor, Malaysia, and broke floor on a new data center in Lisbon, Portugal.
“Enterprise transformation stays a essential precedence for our prospects and the emergence of AI marks a pivotal level for our business,” Equinix CEO Adaire Fox-Martin mentioned throughout his firm’s August 7 earnings name. “AI, just like the expansion of cloud applied sciences a decade in the past, will take time to totally develop.”
Equinix’s Q2 2024 revenues surpassed $2.2 billion, an 8% year-over-year development for the Redwood Metropolis, California-based firm.
This Week’s Information Heart Offers and Developments
On the prime of this week’s information middle improvement information, Princeton Digital Group acquired a Yahoo data center in western Singapore for an undisclosed price ticket. Based on a Tuesday press launch, Yahoo will proceed to host its infrastructure on the 5 MW facility close to Jurong Port.
In the meantime, in India, Aurum Fairness Companions, an actual property funding agency, introduced plans to construct a 100 MW $400 million AI-powered green data center in Hyderabad.
“Our next-generation information middle framework is designed to bridge the digital divide between rural and concrete India. This initiative will make authorities providers akin to e-Seva, e-Fee, and e-Schooling accessible to all, supporting our mission to attach each nook of the nation,” mentioned Aurum CEO and Chairman Venkat Bussa.
Throughout the pond, in the US, the development of a $1.1 billion AWS data center was authorised by the St. Joseph County Council in Indiana by a 7-2 vote. Whereas advocates level to the challenge’s potential to create jobs and contribute to the native economic system, opponents criticized a 10-year 4.2 billion {dollars} tax break for one of many world’s richest firms.
In Missouri, TierPoint acquired a building in downtown St. Louis, Missouri, to ascertain its latest information middle facility. Constructed in 1917 as an car dealership and distribution middle for the Willys-Overland Firm, the constructing presents 22,600 sq ft of knowledge middle manufacturing house and is listed on the National Register of Historic Places.
TierPoint’s acquisition follows a development of knowledge facilities occupying often-vacant downtown workplace buildings within the identify of revitalization. Whereas these supply an financial boon – particularly in cities dealing with depopulation and personal disinvestment – they usually come on the sacrifice of people-oriented improvement.
“We all know that revitalizing Downtown to make it the protected, vibrant, and exquisite neighborhood on the coronary heart of our metro will take time. We additionally know that it’ll take a brand new mind-set that diversifies the varieties of companies and residential choices right here,” mentioned Kurt Weigle, chief downtown officer for Better St. Louis, Inc.
Lastly, newcomer Edged Power continues its enlargement throughout the States with a 24 MW project in the Columbus, Ohio space. Already below improvement, the 210,000 square-foot facility, which can assist generative AI and superior computing calls for, is scheduled to open July 2025.
Different Nice Reads in DCK This Week
The Largest Threats to Information Heart Uptime – and Learn how to Overcome Them. Energy failures, cooling points, and third-party suppliers are among the greatest threats to information middle uptime in 2024. Learn to mitigate these dangers successfully.
Assessing the State of Information Heart Provide Chains in H2 2024. The information middle provide chain is exhibiting indicators of enchancment, nevertheless it nonetheless faces vital challenges. Discover the present traits and points shaping the business.
Past Variety Coaching: The Actual Challenges for Ladies in Tech. Regardless of the renewed concentrate on DEI, progress for girls in tech stays stalled. The business should rethink its method to handle the distinctive challenges girls face, writes Carrie Goetz.
Vital AWS Vulnerabilities Permit S3 Assault Bonanza. Researchers at Aqua Safety found flaws the place risk actors can guess the identify of S3 buckets primarily based on their public account IDs.
Quantum Computing Making Progress Sooner Than Anticipated. QuEra survey finds that 40% of consultants say quantum expertise will outperform classical in 5 years.
