The data center market is booming and is being promoted by the demand of AI. Last week, Openai said in cooperation with supporters including SoftBank to spend at least $ 100 billion in Microsoft’s data center in -fracture. Footprints.
Companies, such as DataBank, which provide high -performance calculation data centers to Enterprise clients, are a great winner in races in search of more computing. Appropriate cases: DataBank announced on Thursday that it has raised $ 250 million in investing from a private equity company TJC and announced a $ 600 million secondary share offer.
DataBank’s CEO Raul K. Martynek stated in a press release that “the new capital is” both trust in strategies and proven abilities to execute and expand. ”
DataBank, established in 2005, was acquired in 2016 by a group of Blue-chip investors led by the asset manager, DigitalBridge, and merged with some other data center operators. The company has expanded through its acquisition for many years, acquired the Indianapolis -based data center provider LightBound, and purchased ZCOLO US and British data center assets in 2020.
DataBank claims to manage more than 65 data centers in more than 27 markets. In the past year and a half, the company has raised $ 5 billion.
“I couldn’t get more excited about partnership with other world -class digital infrastructure investors who support DataBank and DataBank’s robust growth plan,” said TJC’s partner, Eion Hu. Masu. “Data centers are the basics of digital conversion and artificial intelligence, and data banks are more and more reliable in the data -driven world to utilize sustainable demand for highly energy -efficient infrastructure. I think it is positioned independently.
In the sector adjacent to DataBank, there are markets that are booming “Neocload” startups such as Crusoe, mainly a low -cost on -demand cloud for AI workloads.
Coreweave, a GPU infrastructure provider with several large technical partnerships, is $ 19 billion. Lambda Labs has secured a special funding vehicle for a special purpose of $ 500 million last April. In October 2023, the non -profit voltage park has announced that it will invest $ 500 million in the data center supported by the GPU. In addition, AI, a cloud GPU host, which also conducts research on generated AI, has led to a salesforce -led round last March, landing $ 16 million.
According to McKinsey’s report, the procurement and installation of machinery and electrical systems for data centers can cover $ 250 billion in the next five years. This is due to the number of calls to examine the environmental external properties of data centers, including high water usage, are increasing.