New Data-Center Property Investment Signals AI Boom.

Vantage Data Centers, one of the largest data-center developers, is receiving a $6.4 billion equity infusion from DigitalBridge Group and Silver Lake. This investment will allow Vantage to add over 3 gigawatts of capacity globally, meeting the growing demand for artificial intelligence (AI) from tech companies like Microsoft, Google, Oracle, and Amazon Web Services. The data-center industry has experienced significant growth due to the adoption of AI tools, with data-center rent increases and high demand for capacity. However, concerns about AI's potential risks and electricity shortages may pose obstacles to further expansion. [Extracted from the article]