AI data centre back-end networks to hit $80bn
Spending on switches deployed in AI back-end networks, designed to connect accelerated servers, is set to approach US$80 billion over the next five years. According to the Dell’Oro Group, this figure represents a near doubling of the total data centre switch market opportunity. The current ...
July 22
Bitcoin miner Northern Data pursues US$16bn IPO for cloud computing and data centre operations
Northern Data AG is reportedly exploring strategic options including an initial public offering (IPO) on the Nasdaq exchange for a combined entity encompassing its cloud computing endeavours, codenamed "Taiga," and its data centre operations, dubbed "Ardent." According to Bloomberg sources, the German company is in discussions with potential advisers. The valuation range...
July 08
Switch Inc. raises $1.7bn in Asset-Backed Securities transactions
DigitalBridge-sponsored (NYSE: DBRG) mega data centre operator Switch has completed two consecutive asset-backed securities (ABS) transactions, raising a total of US$1.7 billion. The company's inaugural ABS issuance of US$752 million closed on March 14, 2024, followed by a second issuance of US$940.3 million, which closed on June 17, 2024. This makes Switch the largest d...
June 26
Understanding 2024 data centre investment trends
In an era where artificial intelligence and cloud computing are reshaping economies and societies, data centre investment emerges as a critical intersection of technology and finance. 2024 promises unprecedented levels of activity in this sector, driven by growing demands for data processing, the proliferation of machine learning applications, and the expansive reach of hypers...
June 19
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