Market Intelligence
Industry news, market analysis, and deal activity from global data centre markets
Data Centres in Demand: Is Your Land the Perfect Fit?
With $121 billion in annual construction spending and developers racing to secure sites, landowners with power access and fibre connectivity hold increasingly valuable assets. Here is how to evaluate your property.
Meta's $27 Billion Louisiana Data Centre is Transforming Rural America
Construction is underway on one of the largest single-site data centre investments ever, bringing thousands of jobs to rural Louisiana and raising questions about the social impact of hyperscale infrastructure.
Riot Platforms Signs $1B Data Centre Lease with AMD: Crypto Meets AI
A crypto mining company pivots to AI hosting, signing a landmark lease with AMD at its Texas facility - signalling how power-rich crypto sites are becoming AI data centres.
Data Centre Construction Costs Rise to $11.3M per MW in 2026
JLL forecasts a 6% increase in global construction costs as demand drives a 600% surge in monthly spending over two years.
Loudoun County Weighs New Restrictions on Data Centre Development
The world's largest data centre market - responsible for routing over 70% of global internet traffic and generating $500M+ in annual tax revenue - faces zoning restrictions that could reshape the industry.
Aligned Data Centers Breaks Ground on $5B Texas Campus
Project Caprock will deliver 540 MW across a 313-acre campus in Hale County, Texas, with initial delivery targeting Q1 2027.
Ecolab's $4.75B Acquisition of CoolIT Validates Liquid Cooling Market
The largest acquisition in data centre cooling history signals that liquid cooling has moved from niche technology to essential infrastructure as AI drives rack densities past air cooling limits.
PowerHouse and Hillwood Announce 1.8GW Illinois Data Centre Campus
The $20 billion Joliet Technology Center will span 795 acres with 24 buildings at full buildout, representing one of the largest data centre projects ever announced.
Hyperscaler Capital Expenditure Hits $280B as AI Demand Reshapes Data Centre Market
Microsoft ($80B), Google ($68B), Amazon ($65B), and Meta ($50B) are collectively spending $280 billion on infrastructure in 2026 - a 45% increase that is creating supply chain bottlenecks and reshaping the global data centre landscape.
Aligned Data Centers Acquired for $40B in Largest-Ever Data Centre Deal
A consortium of AIP, MGX, and BlackRock's GIP acquires Aligned from Macquarie, more than doubling the previous M&A record.
Utah's Box Elder County Votes on Controversial 40,000-Acre Data Centre Campus
The proposed Stratos Project faces community opposition over water usage, energy consumption, and environmental concerns.
Data Centre Demand Outpaces Supply in Northern Virginia
Vacancy rates in the world's largest data centre market have fallen below 2% as hyperscaler demand continues to outstrip new deliveries.
Singapore Lifts Data Centre Moratorium with Strict Sustainability Requirements
After a three-year pause, Singapore's IMDA has approved four new data centre developments totaling 120 MW, all required to meet PUE below 1.3 and use 100% renewable energy.
NVIDIA Invests $2B in CoreWeave to Scale AI Infrastructure
CoreWeave targets 5 GW of data centre capacity by 2030 as NVIDIA deepens its infrastructure partnership.
Southeast Asia Data Centre Boom: 303 Facilities and 162 in Pipeline
Malaysia, Thailand, and Indonesia lead explosive growth across the region as hyperscalers seek alternatives to Singapore.
Meta Unveils $10B Indiana Data Centre Campus
Meta Platforms announces a 1,000 MW campus in Lebanon, Indiana, supporting approximately 4,000 construction jobs.
Constellation Energy Signs 2GW Nuclear Power Agreement for Data Centre Campus
In the largest nuclear-to-data-centre deal to date, Constellation will supply 2 GW of baseload nuclear power to a hyperscale campus in Pennsylvania over a 20-year term.
Amazon, Google, Microsoft Announce Record AI Infrastructure Spending
The three largest cloud providers have collectively committed over $200 billion in data centre capital expenditure for 2026-2027.
Microsoft Acquires 3,200 Acres in Wyoming for Data Centre Expansion
Microsoft has acquired approximately 3,200 acres near Cheyenne, Wyoming, signaling plans for a major hyperscale campus.
European Data Centre Operators Face Margin Pressure as Energy Costs Remain Elevated
Despite easing from 2022 peaks, European wholesale electricity prices remain 2-3x US levels, pushing operators to renegotiate contracts and explore on-site generation.
Microsoft Transforms Former Foxconn Site into $13B Data Centre Campus
15 new data centres planned at the former Foxconn manufacturing site in Mount Pleasant, Wisconsin.
TikTok Announces Second €1B Finnish Data Centre
TikTok's parent ByteDance commits to a second billion-euro data centre in Finland, this time in the city of Lahti.
Phoenix Water Authority Imposes New Restrictions on Data Centre Cooling
Arizona regulators are requiring new data centre developments in the Phoenix metro to demonstrate zero net water consumption, accelerating the shift to air and liquid cooling.
Ireland Faces Grid Capacity Crisis as Data Centre Demand Surges
EirGrid warns that data centre applications now exceed available grid capacity in the Dublin region.
Saudi Arabia's Data Centre Ambitions: Hexagon Campus and AWS Region
The Kingdom breaks ground on a 480 MW campus in Riyadh while AWS commits $5.3 billion to a three-city region.
Liquid Cooling Deployments Triple as AI Server Densities Exceed Air Cooling Limits
Direct-to-chip and immersion cooling installations surged 200% year-over-year as rack densities for AI workloads push beyond 100 kW per rack.
Google Builds First Austrian Data Centre in Kronstorf
Google's first Austrian data centre is expected to create 100 direct jobs, expanding the company's European infrastructure footprint.
Record $12B in New Subsea Cable Projects Announced for Trans-Atlantic and Trans-Pacific Routes
Google, Meta, and Microsoft are collectively investing over $12 billion in new submarine cable systems to support AI workload distribution across continents.
Liquid Immersion Cooling Reaches Mainstream Adoption
Major operators report 30-40% power savings as liquid cooling technology moves from pilots to production.
Data Centre REITs Outperform Broader Market with 22% YTD Returns
Equinix, Digital Realty, and other data centre REITs have delivered 22% year-to-date returns, driven by record leasing volumes and aggressive rent escalations.
Deutsche Telekom and NVIDIA Partner on €1.2B Munich AI Data Centre
The partnership will boost Germany's computing capacity by approximately 50%, targeting sovereign AI workloads.
Edge Data Centre Deployments Surge 40% as Manufacturing and Retail Drive Adoption
Edge computing installations grew 40% year-over-year, with manufacturing automation and real-time retail analytics emerging as the fastest-growing use cases.
Dubai Emerges as Middle East Data Centre Hub
Dubai's market reaches 250 MW with a 350 MW pipeline as government initiatives and regional cloud demand drive growth.
Vantage and Altarea Announce 400MW Campus in Bordeaux
One of France's largest data centre campuses will deliver 400 MW in the Bordeaux region through a joint venture with Altarea.
PJM Interconnection Queue Reaches 3,500 Data Centre Applications Totaling 95 GW
The PJM grid operator's interconnection queue now contains data centre requests for 95 GW of capacity - nearly double the region's current total generation.
Adani and Google Plan Gigawatt-Scale Data Centre in India
Adani Group and Google announce plans for a gigawatt-scale data centre campus in Visakhapatnam as part of a $100 billion infrastructure investment.
Aligned Data Centres Raises $4.5B for Adaptive Cooling Platform Expansion
Aligned Data Centres secured $4.5 billion in new financing to expand its patented cooling infrastructure across eight US markets, targeting AI-ready deployments.
Data Centre REITs Outperform S&P 500 for Third Consecutive Year
Equinix, Digital Realty, and peers deliver 28% average returns as AI demand fuels investor confidence.
AVAIO Plans 1GW AI-Ready Campus in Little Rock, Arkansas
AVAIO Digital Partners announces a $6 billion, 1,000 MW multi-phase AI-ready data centre and power campus in Arkansas.
New Zealand's Renewable Energy Advantage Attracts Hyperscalers
With 82% renewable electricity, New Zealand positions itself as a sustainable data centre destination.
Global Data Centre M&A Hits $69B Record in 2025
113 transactions totaling $69 billion set a new annual record, with power availability increasingly driving valuations.
The Rise of Edge Computing: What It Means for Data Centre Strategy
Edge deployments projected to reach 25% of enterprise workloads by 2028, creating new opportunities.
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