Facebook will invest $800 million in a new data center campus in Gallatin, Tennessee, about 20 miles north of Nashville. It is the company’s third new data center announcement since the COVID-19 pandemic began.
Insights and trends on hyperscale computing and data centers
A Hyperscale data centers is defined as when one tenant leases at least 10 Megawatts of data center space. Typically, the architectures are designed to provide a single, massively scalable compute architecture that can scale with demand. Hyperscale computing is necessary when a company needs to build a robust and scalable cloud, AI, or distributed storage system and is often associated with the infrastructure required to run global companies such as Facebook, Google, Microsoft and Amazon.
Digital Realty plans to build the world’s largest multi-tenant data center campus near Dulles Airport in Northern Virginia. The Digital Dulles campus will create 7.5 million square feet of new data center space in the world’s most active cloud market.
Amazon Web Services is continuing to expand in Northern Virginia, including a massive data center campus just south of Dulles Airport, which could add up to 2.5 million square feet of cloud computing capacity.
Colony Capital is leading an investor group that will invest $1.2 billion in Vantage Data Centers’ data centers, providing Vantage with capital to build more data centers.
CyrusOne has named veteran executive Bruce Duncan as its new President and CEO. Duncan has no direct experience in the data center industry, but 40 years of executive leadership across varied real estate asset classes.
Iron Mountain has signed a 27-megawatt lease for a new data center in Frankfurt, serving notice that it has joined the top tier of developers that can provide capacity to the largest clients.
STACK Infrastructure has bought land for a data center campus in Avondale, Arizona, which could reach 1 million square feet of build-out. It’s the latest in a cluster of data centers around Goodyear.
Aligned will begin building a massive 120-megawatt data center in Northern Virginia, continuing a trend toward larger facilities to support rapid cloud growth.
KKR is the latest marquee investing firm to enter the data center industry, forming Global Technical Realty (GTR) to develop more than $2.5 billion in data centers across Europe in the coming years.
Amid soaring demand for digital infrastructure, data center developer Aligned has increased its secured credit facility to $575 million, citing “consistently strong” customer demand.