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Data Center News > Blog > Colocation > Growth Projections Soar, Meta Confirms $10B Louisiana Facility
Colocation

Growth Projections Soar, Meta Confirms $10B Louisiana Facility

Last updated: December 6, 2024 2:50 pm
Published December 6, 2024
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With knowledge middle information shifting sooner than ever, we wish to make it simple for business professionals to chop by the noise and discover a very powerful 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 tendencies.

To maintain updated with all issues knowledge facilities, subscribe to the DCN newsletter to get content material straight to your inbox.

Market Musings 

The worldwide knowledge middle market is projected to succeed in practically $500 billion by 2029, pushed by funding in AI, cloud computing, and digital infrastructure, in line with analysis from legislation agency DLA Piper. 

In a survey of 176 senior executives on the subject of information middle funding alternatives, most expressed confidence in regards to the sector’s future, with 70% of respondents predicting elevated funding in knowledge facilities within the subsequent two years. 

Ninety-eight p.c of buyers and operators advised DLA Piper that they’d issues in regards to the availability and reliability of energy provides after they made choices about knowledge middle tasks, with half of respondents figuring out the problem as a principal barrier to funding. 

The legislation agency stated utility corporations within the US are being “flooded with energy supply requests for websites earmarked for knowledge facilities that they will be unable to fulfill till effectively into the 2030s.” 

Associated:New Information Heart Developments: December 2024

New Information Heart Builds 

Following experiences final month that Meta was planning to develop a large-scale knowledge middle in Louisiana, the Fb guardian firm confirmed it’ll construct an AI-ready facility in Richland Parish. 

See also  Pipeline Firms in Talks With Data Centers on Direct Gas Supply

On Wednesday (December 4), Meta introduced a $10 billion knowledge middle close to town of Monroe in northeast Louisiana. The 4 million sq. foot facility can be Meta’s largest knowledge middle on the earth. Development is anticipated to proceed by 2030. 

In different firm information, Meta stated it’s searching for as much as 4 GW of latest nuclear power because the tech big appears for a dependable electrical energy supply for its knowledge facilities.  

Elsewhere, Nvidia Company’s founder and Chief Government Officer Jensen Huang agreed to open an AI analysis and growth middle in Vietnam as the corporate steps up its presence in Southeast Asia. 

The venture, together with a Viettel Group knowledge middle that makes use of Nvidia expertise, will assist develop superior AI within the nation, Vietnam’s Funding Minister Nguyen Chi Dung stated at a signing ceremony in Hanoi this week. 

NTT Information introduced its proposed acquisition of practically 70 acres of land in Johor Bahru, Malaysia. If permitted, the positioning will turn into one of many largest knowledge middle campuses within the Asia-Pacific area, that includes six devoted buildings and 290 MW of capability. 

Associated:Malaysia’s Information Heart Wager: New Planning Tips Set to Drive Progress

In Europe, Yondr Group handed over the primary 20 MW of its 40 MW knowledge middle venture in Bischofsheim, simply south of Frankfurt, Germany. The milestone marks Yondr’s second profitable handover in Europe this yr, following the opening of its first constructing on the firm’s 100 MW London campus in July.  

Beforehand reported plans for a multibillion-dollar knowledge middle in Northumberland, UK, have superior following the submission of a planning software from QTS. Based on local reports, the operator’s proposed define will see the development of as much as ten knowledge middle buildings spanning a complete space of as much as 540,000 sq. meters. 

See also  NTT Data Plans $42M Campus Expansion Amid Rapid Growth of North Texas Data Center Market

For extra of the newest knowledge middle developments, try our newest development highlights for December. 

AWS stated its new Trainium2 chip for AI delivers 30 to 40% higher worth efficiency than present knowledge middle GPUs. (IMAGE: AWS)

AI Energy Up 

Amazon Net Providers (AWS) introduced on Tuesday (December 3) that its newest customized AI chip, Trainium2, is now obtainable by two new cloud providers for coaching and deploying giant AI fashions. 

At its AWS re:Invent convention in Las Vegas, the corporate stated its new Amazon EC2 Trn2 situations, that includes 16 Trainium2 chips, present 20.8 peak petaflops of compute, making it supreme for coaching and deploying giant language fashions (LLMs) with billions of parameters. 

Associated:World Information Heart Market Projected to Close to $500 Billion by 2029

AWS additionally introduced plans for its next-generation AI chip, the Trainium3, which is anticipated to be twice extra performant and 40% extra power environment friendly than the Trainium2. 

The information follows Microsoft’s current unveiling of two customized chips for Azure knowledge facilities at this yr’s Ignite convention in Chicago. 

Different Nice Reads in DCK This Week 

Uncover the Way forward for IT Infrastructure at Gartner’s Las Vegas Convention. This yr’s Gartner IT Infrastructure, Operations & Cloud Methods Convention will discover how leaders can drive innovation in AI, cloud, and knowledge middle ops.

White Field Switches: Advantages and Finest Use Circumstances for Information Facilities. What are white field switches and when ought to knowledge middle operators use them? 

State of IT Report 2025: Safety and AI Drive Progress Regardless of Financial Pressures. Spiceworks’ 2025 State of IT report reveals elevated tech spending amid rising prices and AI investments. 

See also  Gcore and Qareeb unite to bolster GCC edge data centers for AI growth

Biden Tightens Chip Controls on China as Clock Ticks Down. The Biden administration is about to announce restrictions on exports of semiconductor chips and chipmaking gear to China. 

Intel CEO Pressured Out by Board Annoyed With Sluggish Progress. Intel CEO Pat Gelsinger, employed in 2021, will depart the job after an bold comeback sputtered and the corporate fell additional behind rivals. 

Introducing Informa TechTarget: A Word From the Editor-in-Chief. A change in possession and what it means for DCN readers.



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Contents
Market Musings New Information Heart Builds AI Energy Up Different Nice Reads in DCK This Week 
TAGGED: 10B, confirms, facility, Growth, Louisiana, Meta, Projections, Soar
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