Global Surge in AI Data Center Investment and Infrastructure Expansion

Key Intelligence

• ■Meta and BlackRock are partnering on a new $14 billion AI data center campus in El Paso, Texas, with BlackRock raising $12.5 billion in debt for the venture.
• ■AMD has secured a significant infrastructure partnership with Core Scientific, valued at up to $14 billion, to deploy up to 2.5 gigawatts of AI data center capacity.
• ■This deal marks a strategic pivot for Core Scientific, moving from crypto mining to providing critical AI infrastructure, and has led to a rebound in its stock.
• ■India's Utho Cloud announced a 10,000 GPU expansion to build out the country's sovereign AI compute backbone, highlighting global expansion efforts.
• ■The intense demand for AI compute capabilities is driving massive investments and collaborations to build specialized, high-capacity data centers worldwide.