Equinix Partners in $15 Billion Joint Venture to Expand U.S. Data Centers
A $15 billion joint venture by a global leader in digital infrastructure to expand its data center footprint across the United States, Equinix, has been announced. As demand for cloud services and digital infrastructure continues to rise, the rapid adoption of technologies like artificial intelligence, machine learning and 5G, this is a massive investment. Equinix wishes to strengthen its presence in key U.S. markets by becoming a data center industry leader that accompanies and meets growing needs from businesses and consumers, which are based on the need of storage, processing and connectivity of data.
Highlights:
1. Equinix also involved in a $15 billion joint venture to grow its data center footprint within the U.S.
2. Driving the venture is growing demand for digital infrastructure, cloud services and emerging technologies.
3. It will help expand Equinix’s edge to support AI, machine learning and 5G deployments.
Through a joint venture, Equinix will build new data centers and expand existing ones in order to grow capacity in key cities, such as New York, Chicago, Dallas, and others. As part of its long term goals of allowing operations to scale and support emerging technology enabled with massive computing and AI and Machine learning this strategic move make sense. With the demand for faster data processing, lower latency and greater bandwidth never being higher, this joint venture will see Equinix stay at the cutting edge of the digital transformation.
The partners in the joint venture are leading financial institutions and investors focused on infrastructure development.
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