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CoStar To Acquire Proptech Company Matterport In $1.6B Deal
News

CoStar To Acquire Proptech Company Matterport In $1.6B Deal

... spatial data library as well as using generative artificial intelligence to imagine and reimagine physical spaces,” Florance ... 3D capture devices and utilizes Cortex, an artificial intelligence software engine that automatically generates 3D digital twins ...

Apr 22, 2024
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Donald Trump Jr Eric Trump
News

2 Trump Sons Launch Data Center Business

... of the business, along with industry professionals in the artificial intelligence sector, according to a release. Dominari Holdings currently ... firm would mark a push into data centers and artificial intelligence, The Wall Street Journal reported at the time. ...

Feb 21, 2025
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SoftBank founder Masayoshi Son announcing a planned $100B investment in U.S. technology at Mar-a-Lago with Commerce Secretary nominee Howard Lutnick and President-elect Donald Trump.
News

Data Centers Claim Prominent Place On Trump Administration's Agenda

... for expanded infrastructure around data centers and around artificial intelligence ... It seems that’s very much top of ... data center joint venture between cloud provider Oracle, artificial intelligence firm OpenAI, Emirati sovereign wealth fund MGX and ...

Jan 22, 2025
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Artificial intelligence landlord knocking on door
News

Multifamily Giants Turning To AI For Rent Collections

... across the U.S., building managers are using EliseAI’s artificial intelligence assistant to push delinquent tenants to pay their rent — and ...

Dec 17, 2024
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Exxon Planning Low-Carbon Power Plant For Data Centers
News

Exxon Planning Low-Carbon Power Plant For Data Centers

... power to meet the growing demand for computing power for artificial intelligence,” Exxon Chief Financial Officer Kathy Mikells said during a ... growth of data centers and the rise of artificial intelligence are reshaping the energy industry,” the NYT wrote. 

Dec 12, 2024
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Starwood Capital Chairman Barry Sternlicht speaking at a Bisnow event in 2018.
News

Starwood’s Barry Sternlicht Says CRE Will Benefit When AI Bubble Bursts

Federal infrastructure spending and hype around artificial intelligence has artificially inflated associated sectors like chipmakers and data centers, ...

Aug 06, 2024
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Weekend Interview: Iceotope’s Nathan Blom On AI’s Future And Building Greener Data Centers
News

Weekend Interview: Iceotope’s Nathan Blom On AI’s Future And Building Greener Data Centers

... .  While leading a firm focused on enabling the development of artificial intelligence may seem like a far cry from his earlier clerical ...

Aug 02, 2024
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Microsoft Joins Google In Shift To Data Centers, Away From Offices
News

Microsoft Joins Google In Shift To Data Centers, Away From Offices

... it to expand its cloud-based offerings and artificial intelligence programs, CoStar reported. That was almost double ... that will allow them to support their respective artificial intelligence-related businesses.  These announcements have continued despite ...

Aug 01, 2024
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Server Racks in a data center
News

Survey Suggests Corporate Leaders Are Underestimating The AI Infrastructure Challenges Ahead

... beginning to execute their AI roadmaps — formal gameplans to incorporate artificial intelligence into their products, services and internal processes. Boards and chief ...

Jul 25, 2024
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CyrusOne Taps $8B Loan To Fast-Track Development Of AI Data Centers
News

CyrusOne Taps $8B Loan To Fast-Track Development Of AI Data Centers

... Dallas area. The high-powered computer equipment needed to power artificial intelligence essentially renders older data centers obsolete. Retrofits are extremely costly ...

Jul 09, 2024
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