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Equinix, xScale
Equinix Turbocharges AI And Cloud Growth With $15B Joint Venture: Expanding xScale Data Centers Worldwide
Equinix, Inc. (NASDAQ:EQIX) shares are trading lower on Thursday. On Tuesday, the company disclosed a joint venture with GIC and Canada Pension Plan Investment Board (CPP Investments). All parties have made equity commitments,
Equinix raises $15B in new capital to invest in xScale data centers to meet AI demand
Equinix has raised $15 billion in funding to expand its xScale data centers for AI, particularly for investments in the U.S.
Equinix signs $15 billion joint venture to build U.S. data center infrastructure
Data center firm Equinix is forming a joint venture with Singapore's sovereign wealth fund GIC and Canada Pension Plan Investment Board with goals to raise more than $15 billion in capital, the company said on Tuesday.
Equinix, GIC, and CPP Form $15B Data Center JV
Equinix and GIC have cooperated in multiple joint ventures in the past in Asia, the Americas, and Europe. The introduction of CPP Investments, one of the 10 largest pension funds in the world, is notable not just for the amount of capital they can bring to a project, but the wide and deep sets of business connections it has throughout the world.
Equinix Continues Big Tech Pivot With $15B Data Center JV
The joint venture with a Canadian pension plan and GIC continues the data center REIT's push into hyperscale development through its xScale program.
Equinix partners GIC, Canada pension fund to expand data centre portfolio via US$15 billion joint venture
DATA centre firm Equinix inked a joint venture (JV) agreement with Singapore sovereign wealth fund GIC and Canada Pension Plan Investment Board (CPP Investments) to raise capital of more than US$15 billion and grow its data centre portfolio.
Equinix sets up $15bn JV to build xScale data centers in the US
The CPP and GIC investment funds are backing a new JV that will build out Equinix xScale hyperscale data centers in the US.
Equinix signs $15 bln joint venture to build U.S. data center infrastructure
Data center firm Equinix is forming a joint venture with Singapore's sovereign wealth fund GIC and Canada Pension Plan Investment Board with goals to raise more than $15 billion in capital, the company said on Tuesday.
Equinix Forms $15 Billion-Plus Joint Venture with Canada Pension and GIC
Equinix Inc. is nearing an agreement to form a joint venture with Canada’s CPP Investments and Singapore’s GIC Pte to develop new data centers, according to people with knowledge of the matter.
Equinix to Create $15 Bln JV to Expand Hyperscale Data Centers
Equinix on Tuesday said it signed a joint venture agreement in order to raise over $15 billion in capital, together with GIC and CPP Investments, to boost its hyperscale data center portfolio. The company said the joint venture is intended to accelerate its xScale data center portfolio and nearly triple the investment capital of the Equinix xScale program,
13h
on MSN
Digital Realty Trust, Equinix upgraded by HSBC on improvement potential in operational momentum
Digital Realty Trust (NYSE:DLR) and Equinix (NASDAQ:EQIX) stocks were rising after HSBC Global Research upgraded the data ...
15h
MEDIA ALERT: Equinix Sets Conference Call for Third-Quarter Results
Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that it will hold its quarterly ...
6h
Equinix Inc. stock rises Friday, still underperforms market
Equinix Inc. closed $38.05 short of its 52-week high ($914.93), which the company achieved on March 4th.
2d
Equinix (EQIX) Receives a Buy from Jefferies
In a report released today, Jonathan Petersen from Jefferies maintained a Buy rating on Equinix (EQIX – Research Report), with a price ...
4d
on MSN
3 Top Stocks to Buy to Cash In on the AI-Fueled Digital Revolution
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
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Data center
United States
XScale
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