The Data Center Knowledge News Roundup compiles the latest developments in the data center industry, providing professionals with important stories from investments and mergers to security threats and industry trends. According to research from law firm DLA Piper, the global data center market is expected to reach nearly $500 billion by 2029, with investment in AI, cloud computing, and digital infrastructure driving the growth. Many senior executives are confident about the sector’s future, with 70% predicting increased investment in the next two years. Concerns about power supply availability and reliability are key barriers to investment, with utility companies in the US facing challenges in meeting demand until the 2030s.
In company news, Meta confirmed plans for a $10 billion AI-ready data center in Louisiana, while Nvidia Corporation announced the opening of an AI research and development center in Vietnam. NTT Data is proposing a large data center campus in Malaysia, and Yondr Group has completed a 20 MW data center project in Germany. AWS introduced its latest custom AI chip, Trainium2, offering improved performance for large language models. For more industry updates, subscribe to the Data Center Knowledge newsletter.
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