Data Center Operator Databank Nets $ 250 million share investment

Data Center Operator Databank Nets $ 250 million share investment


The Data Center market is booming, guided by the application for artificial intelligence. Just last week, Openai said that he plans to collaborate with supporters including SoftBank to spend at least $ 100 billion in Data Center infrastructures in the United States Microsoft aims to put about 80 billion dollars towards the infrastructure at this year, And this year the giants of rival technology have increased their footprints.

Companies such as Databank, which provide ready -made data centers for high -performance calculation for corporate customers, are the great winners of the race for further calculations. Case in question: Databank on Thursday announced that he had collected $ 250 million in an investment by the private Equity TJC company and other $ 600 million in a secondary share offer.

Raul K. Martynek, CEO of Databank, said in a press release that the new capital “reports both trust in our strategy and our proven ability to perform and climb”.

Databank, founded in 2005, was acquired in 2016 by a group of Blu-Chip investors led by Digitalbridge, a patrimonial manager, and merged with many other data center operators. The company has expanded through acquisitions over the years, in 2018 acquiring the data center provider based in Indianapolis and in 2020 the purchase of US data and British data center goods.

Databank claims to manage over 65 data centers on over 27 markets. In the last year and a half alone, the company has collected $ 5 billion.

“We could not be more enthusiastic to collaborate with Raul, Databank and the other world -class digital infrastructure investors who support the solid growth plans of Databank,” said Eion Hu, TJC’s partner, in a note. “The data centers are the cornerstone of digital transformation and artificial intelligence and we believe that Databank is positioned uniquely to capitalize on the sustained demand for reliable, scalable and efficient infrastructures from an energy point of view in a world increasingly guided by data “.”

In an sector adjacent to Databank, there is a rapid expansion market for “neocloud” startups such as Crusoe and others that build clouds on low -cost demand mainly for artificial intelligence workloads.

Coreweave, the GPU infrastructure supplier with several large technological partnerships, is evaluated at $ 19 billion. Lambda Labs last April obtained a loan vehicle for special purposes up to $ 500 million. The non -profit voltage park in October 2023 announced that it is investing $ 500 million on the date supported by the GPU. And together with the guest of the Cloud GPU that also leads generative research of artificial intelligence, last March he obtained $ 106 million in a round guided by Salesforce.

According to an McKinsey report, capital expenditure for the supply and installation of mechanical and electric systems for data centers could eclipse $ 250 billion in the next five years. Nonetheless, the growing calls to examine the environmental externalities of the data centers, including their high water consumption.

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