Microsoft, AWS and Google are spending more on data centers as they race to build out the infrastructure to support artificial intelligence.
Quarterly earnings from big tech companies revealed that data center capital expenditure growth is slowing, as is data center tax revenue in major markets.
Numerous AI tools are being used by CRE professionals right now, and experts say this is just the beginning.
CRE professionals are experimenting with ChatGPT on their own and as part of conducting everyday tasks.
The majority of residential landlords and operators have yet to embrace the power of data and AI and its potential to reduce business risk.
An AI arms race has tech giants looking to lease larger data centers faster than ever, but supply chain constraints could cause costly delays.
New technologies, including Meta's Threads and AI services like ChatGPT, are driving the need for data center storage to new heights.
Nvidia's record earnings caused a frenzy on Wall Street, and the chipmaker's growth could have massive implications for the data center real estate sector.
Landsec is testing an AI system to help reduce carbon emissions at its 50K SF London HQ.
Microsoft is laying off as many as 1,500 workers in its Azure cloud unit, while Google Cloud is cutting around 100 jobs, even as those segments grow revenues.
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