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News

Volatility Of AI Usage Poses Challenge For Data Centers

Data centers are getting bigger and power-hungrier, with the industry’s rising electricity usage straining regional grids and creating infrastructure challenges for utilities. It isn't just the scale of data center electricity demand but also the ...

Apr 07, 2025
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What CoreWeave’s Lackluster IPO Means For Data Center Demand
News

What CoreWeave’s Lackluster IPO Means For Data Center Demand

In the tech sector’s largest IPO since 2021, investors gave a lukewarm welcome Friday to CoreWeave, a Nvidia-backed provider of graphics processing unit cloud computing for companies like Microsoft and OpenAI that has been rapidly leasing data centers. ...

Mar 30, 2025
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Elon Musk’s xAI Pays $80M For Memphis Data Center Site
News

Elon Musk’s xAI Pays $80M For Memphis Data Center Site

After opening the first data center hosting its “Colossus” supercomputer in Memphis last year, Elon Musk-owned xAI announced Friday it is planning to build the project's second data center, this time in the city’s Whitehaven district. As first reported by ...

Mar 10, 2025
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AI Startup Sierra Doubles Space In SoMa, Fueling Recovery Optimism
News

AI Startup Sierra Doubles Space In SoMa, Fueling Recovery Optimism

Artificial intelligence startup Sierra doubled its footprint at 235 Second St. in ...

Feb 18, 2025
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CoreWeave Grows Data Center Footprint, Prepares For IPO After $10B Microsoft Deal
News

CoreWeave Grows Data Center Footprint, Prepares For IPO After $10B Microsoft Deal

CoreWeave, a cloud provider exclusively for the graphics processing unit computing needed for AI, has told investors it expects annual revenue to grow by around 300% next year to around $8B, The Information reports. At the same time, the upstart ...

Nov 07, 2024
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‘We’re Bringing Data Out Of The Silo’: How Savills’ AI Initiatives Are Empowering CRE
News

‘We’re Bringing Data Out Of The Silo’: How Savills’ AI Initiatives Are Empowering CRE

Artificial intelligence has emerged as a major technology disruptor in the real ...

Sep 23, 2024
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After AI Takes Millions Of Finance Jobs, These Cities Are Poised To Get Them Back
News

After AI Takes Millions Of Finance Jobs, These Cities Are Poised To Get Them Back

... Boyd selected as leading markets for site selection where artificial intelligence is a leading driver. The Canadian city’s ... also earmarked $950M to make the Quebecois city an artificial intelligence “supercluster.” Montreal has already gained jobs from New ...

Jun 19, 2019
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AI Has Quietly Become Part Of Industrial Real Estate Development
News

AI Has Quietly Become Part Of Industrial Real Estate Development

AI has reached a fever pitch across real estate, fueling data center demand and pushing the government to issue guidance this week related to its use for fair housing. In industrial real estate, AI tools are integrating into the site selection, ...

May 02, 2024
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‘It Hasn’t Replaced Anyone’: How AI Can Work With Property Managers, Not Against Them
News

‘It Hasn’t Replaced Anyone’: How AI Can Work With Property Managers, Not Against Them

Artificial intelligence is transforming how the world operates and, as a result, ...

Apr 02, 2024
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AI’s Impact On The Bay Area Could Help Parts Of The Office Market Rebound
News

AI’s Impact On The Bay Area Could Help Parts Of The Office Market Rebound

Artificial intelligence, while not the savior of San Francisco’s office vacancy ...

Mar 06, 2024
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