VentureBeat October 1, 2024
Equinix has raised $15 billion in funding to expand its xScale data centers for AI, particularly for investments in the U.S.
Redwood City, California-based Equinix has built one of the backbones of the internet with data centers around the world. I visited a secret site once and was amazed at how big the places were that house tons of servers and cabling and cooling — and they’re about to get bigger and more plentiful.
Krupal Raval, managing director of xScale data centers at Equinix, said in an interview that the digital infrastructure company has completed the signing of a joint venture agreement, raising over $15 billion in capital with its partners. The exact mix of equity and debt is to...
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