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The funding reversal disrupts site plans, lab builds and infrastructure tied to real estate development across seven states.
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The increased use of artificial intelligence is driving data center demand away from training AI models and toward inference, pushing development to the edge.
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OpenAI has stepped back from big projects in Norway, the UK and the U.S. as three of the Stargate initiative's leaders leave for Meta.
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SoftBank had already invested significantly in data centers before this new deal was announced.
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Is CRE looking at an AI supercycle or a bubble? Michael Pearce, deputy chief U.S. economist at Oxford Economics, comes on First Draft Live to discuss.
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Artificial intelligence has fueled office leasing in San Francisco and the broader Bay Area.
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Construction veteran Eric DeSimone shares his insights on how industry standards need to improve and how his company is approaching the market.
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xAI has acquired the site of a former Duke Energy power plant in Mississippi, continuing the expansion of power infrastructure near its Memphis data centers.
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BGO's AI data model showed it that market is the biggest factor in whether an investment outperforms. It is now using that to pick deals.
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The brokerage firm had $700M in revenue from data center activity alone, and the sector is expected to account for 10% of its earnings this year.
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