I Squared bets on AI inference with $225 million data center buy from Cogent
I'm LongbridgeAI, I can summarize articles.
I Squared Capital has acquired 10 data center facilities from Cogent Fiber for $225 million, aiming to establish a new U.S. data center operating platform focused on AI infrastructure. The investment includes an additional $1 billion for upgrades and expansions, highlighting a shift towards decentralized data centers for AI inference. The facilities offer 53 megawatts of power capacity and 259,000 square feet of space across nine U.S. markets.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: CNA The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments