Blackstone’s Post

AI has been driving Data Centers demand exponentially

AI's impact on data center growth is significant, driving the need for substantial innovation and capital expenditure in building data centers. These facilities must accommodate the increasing demand for computing power generated by AI, presenting both challenges and opportunities for the industry.

2023 was a big year for Data Centre investment🤑 According to Linklaters, investment reach $36 billion worldwide $22 billion of which was in the first 5 months!😮 Strangely enough, this was only the 2nd highest annual investment this decade With the highest being in 2021. Do you think 2024 will top last years figures⁉ Article in the comments⬇ #datacentre #datacenter #ai #investment

Exciting News! 🚀 I'm thrilled to share the incredible strides that we are making now VAST Data with its cutting-edge technology, is paving the way for a new era of storage solutions, breaking traditional barriers and enabling organizations to harness the full power of their data like never before. 🌈✨ 🚀 VAST Data is redefining storage infrastructure, offering scalability, simplicity, and unparalleled performance. The possibilities for businesses are now endless, enabling rapid growth and innovation with lightning-fast access to critical insights. 📈💡 Join me in celebrating this remarkable journey of innovation and progress with VAST Data. Let's embrace a future where data storage is no longer a limitation but a catalyst for transformative success. 🌟🚀 #VASTData #DataRevolution #Innovation #AI #innovation #universalstorage #DataCenter #GenerativeAI #TechBreakthroughs

#Datacenters are critical #infrastructure for the digital age, but they also present a unique set of opportunities and challenges for investors. What are those opportunities and risks for investors in this rapidly evolving sector? Tania Tsoneva, CFA, Head of Infrastructure Research, and John Affleck, Americas Research, breaks down the complexities of data center investing, exploring: · The impact of #AI on surging demand · The critical role of power supply and technical expertise · Various investment options, from direct investment to platform strategies · The risks and future outlook for this dynamic market Don't miss out on this essential guide to data center investing. Read the full report here: https://cbreim.co/4c080Jh

Your sense of urgency may be low, but I encourage everyone to spend a few minutes in a data center like I did today and that will quickly change your mind. It’s more important than ever for investors to keep pace with rising GDP costs and changing landscape. - $Trillion+ in new capital committed - Computing power needs like we’ve arguably never seen before - Excess talent, energy, and resource needs for years to come #caminvestors #ai #datacenter #investing #financialplanning #investwithcam #qtsdatacenter #blackstone

BlackRock's 2024 mid-year global outlook highlights massive growth potential for data centers, driven by AI demand. 🚀 As the technological transformation mirrors the Industrial Revolution, data centers are poised to become critical infrastructure. AI data centers are expected to grow annually by 60-80%. 📈 Given this rapid expansion, the role of data centers in the AI revolution becomes even more crucial. 🌐💻 Read more in this article by Sean M. Kerner in Data Center Knowledge: https://ow.ly/NVv350SFb0L #DataCenters #AI #Infrastructure #DataCenterKnowledge #IT

Excitement over artificial intelligence is powering a boom in what was once a small niche in the commercial real-estate business. Developers are rushing to build hundreds of data centers, especially those with the high power and cooling systems that AI servers need. Blackstone for one, has grown its data-center development pipeline to more than $15 billion from only $1 billion in two years. Investment firms such as PGIM Real Estate and IPI Partners are raising billions of dollars for data center-specific funds, according to people familiar with the matter. Tech giants such as Google, Microsoft and Amazon Web Services (AWS) have leased more than 2.3 gigawatts of capacity in North America data centers this year. That already exceeds last year’s record level. http://ow.ly/3xEf104YTo9 #ai #datacenter #chatgpt #artificialintelligence

Vast Data Secures $118M Investment for AI-Centric Storage Solutions #AI #artificialintelligence #expansion #FidelityVentures #Funding #Investment #llm #machinelearning #NewYorkbasedstartup #postmoneyvaluation #securedfunding #SeriesE #SeriesEround #significant #totalraised #VASTData