Reported 1 day ago
Digital Realty Trust has raised its forecasts for core funds from operations and revenue, anticipating a surge in demand for data center services driven by the boom in artificial intelligence. The company's leasing activity is expected to grow as large cloud providers invest heavily in AI infrastructure, with projected spending exceeding $360 billion in 2025. Digital Realty's collaboration with Dell Technologies and DXC aims to enhance customer access to AI through managed data centers.
Source: YAHOO