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BalticServers data center
News

Starwood Plans $3B Data Centre Push For New Fund As Private Equity Piles In

... investors is growing, with firms enticed by the prospect of artificial intelligence tools creating increased demand.  Blackstone said in the summer that ...

Nov 17, 2023
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McKinsey: Real Estate Must Change To Unlock $180B In Potential Value From Generative AI
News

McKinsey: Real Estate Must Change To Unlock $180B In Potential Value From Generative AI

... $180B more in value with the proper application of generative artificial intelligence, McKinsey Global Institute estimates. The company calls generative AI “open ...

Nov 16, 2023
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Kansas city
News

Kansas City Hopes To Leverage Federal Dollars To Become Bastion Of Biotech

... include Richmond, Virginia, for advanced pharmaceutical manufacturing; Birmingham, Alabama, for artificial intelligence-driven biotechnology discovery; Philadelphia for precision medicine; and biomanufacturing in ...

Nov 08, 2023
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Siemens To Invest $510M In North American Manufacturing, With Big Chunk Headed To Texas
News

Siemens To Invest $510M In North American Manufacturing, With Big Chunk Headed To Texas

“There’s never been a better time to invest in critical electrical infrastructure and green mobility to support the backbone of America’s economy,” Siemens AG CEO and President Roland Busch said in a statement. “The hardware and software we offer —  ...

Nov 03, 2023
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Top Takeaways From The New ULI/PwC Emerging Trends Report
News

Top Takeaways From The New ULI/PwC Emerging Trends Report

... Mostly Still Potential “Despite the hype and popular attention on artificial intelligence, actual CRE uses appear to be limited and mostly mundane ...

Oct 31, 2023
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Google office building
News

Google’s Parent Company Expanding Its Technical Real Estate Footprint

The company said more spending is on the way. "We continue to invest meaningfully in the technical infrastructure needed to support the opportunities we see in AI across Alphabet and expect elevated levels of investment increasing in the fourth quarter of ...

Oct 25, 2023
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world global technology data center internet
News

'The Numbers Start To Add Up': Global Data Center Capacity Expected To Triple In Next 6 Years

The launch of ChatGPT last November kicked off a Big Tech AI arms race, with companies like Microsoft, Google and Meta scrambling to build out the infrastructure needed to integrate generative AI across their various products and services. Leaders from ...

Oct 22, 2023
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Logo of ChatGPT maker OpenAI
News

This Week's Bay Area Deal Sheet

In 2017, Uber took all 1M SF at 1725 Third St., which is next to the Golden State Warriors' arena at the Chase Center. The company started looking to sublease space during the pandemic after letting its employees work remotely for portions of the week. ...

Oct 19, 2023
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Bisnow Week In Review: The Most Consequential Stories In CRE
News

Bisnow Week In Review: The Most Consequential Stories In CRE

... with universities and tech firms to innovate in sustainability and artificial intelligence. Read more Landlords Claim Target Is Using Crime To Deflect ...

Oct 15, 2023
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Future Ready: 4 Skills Your Team Will Need In 2030
News

Future Ready: 4 Skills Your Team Will Need In 2030

... are accustomed to doing will be handed over to artificial intelligence. For workers, more automated data processing means, ... that, today, demand our intellectual bandwidth, emotional intelligence will become all the more of a professional advantage ...

Mar 06, 2020
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