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Blackstone's Gray Says 'Office Has Bottomed,' Eyes 1.5M SF Manhattan Tower
News

Blackstone's Gray Says 'Office Has Bottomed,' Eyes 1.5M SF Manhattan Tower

... in light of news that Chinese startup DeepSeek has developed artificial intelligence models that require significantly less computing power than those developed ...

Jan 30, 2025
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Harrison Street's Data Center Head On Its New $600M Fund, DeepSeek And M&A
News

Harrison Street's Data Center Head On Its New $600M Fund, DeepSeek And M&A

The firm announced last week it secured $600M in capital commitments for its first dedicated pool of investment capital exclusively for data center assets. According to Harrison Street, the fund will focus primarily on new development, with all capital ...

Jan 30, 2025
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How Hybrid Cooling Is Future-Proofing Data Centers For The Next Generation Of AI
News

How Hybrid Cooling Is Future-Proofing Data Centers For The Next Generation Of AI

... vacancy rates declining across most global markets. The rise of artificial intelligence is expected to push this demand even further, calling for ...

Jan 28, 2025
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stock chart falling phone
News

Chinese AI Startup Leads U.S. Data Center, Energy Stocks To Plunge

The emergence of DeepSeek’s R1 model has raised questions about the hundreds of billions of dollars in investments that tech giants like Microsoft, Amazon, Google and Meta are making on high-performance AI chips, data centers and the energy infrastructure ...

Jan 27, 2025
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Blackstone sign
News

Blackstone To Pay $1B For Natural Gas Power Plant In Data Center Alley

...  expects to grow significantly in the coming years. With an artificial intelligence-driven surge in data center construction straining power grids in ...

Jan 26, 2025
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It’s About Time: AI-Powered Software Expedites Project Due Diligence
News

It’s About Time: AI-Powered Software Expedites Project Due Diligence

... ,” said Eduardo Foss, chief operating officer of startup Diald, an artificial intelligence-powered CRE research tool. “But everyone is understaffed and using ...

Jan 23, 2025
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Donald Trump JD Vance Inauguration Day 2025
News

OpenAI, SoftBank, Oracle Launch $500B JV For AI Infrastructure Investment At White House

The three firms will form a joint venture called Stargate and commit an initial $100B to building the infrastructure needed to keep up with the rise of AI. The investment could grow to as much as $500B over the next four years. Stargate’s first investment ...

Jan 21, 2025
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Data Center Firms 'Getting Creative' To Squeeze AI Into Older Buildings
News

Data Center Firms 'Getting Creative' To Squeeze AI Into Older Buildings

Nearly all new data centers under construction today are being built from the ground up to support AI infrastructure, with their designs optimized for the denser concentrations of power, advanced cooling systems and heavier weight that comes with high- ...

Jan 20, 2025
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Biden Signature
News

Biden Issues Executive Order Freeing Up Federal Land For Data Centers

The order directs the Department of Defense and Department of Energy to make federal sites available for data centers and clean power facilities, facilitate the infrastructure’s interconnection to the electric grid, fulfill permitting obligations quickly  ...

Jan 15, 2025
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Applied Digital Gets Up To $5B From Macquarie For North American Data Center Investments
News

Applied Digital Gets Up To $5B From Macquarie For North American Data Center Investments

The Ellendale High Performance Computing data center campus Applied Digital is developing in North Dakota will get up to $900M of that investment, The Wall Street Journal reported. Macquarie also gets the first chance to invest the other $4.1B in upcoming ...

Jan 14, 2025
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