Close
Equinix Inc. has raised its annual forecasts, anticipating increased demand for data center services driven by the adoption of generative AI technologies. The company reported a strong second-quarter performance, with earnings surpassing expectations and revenue rising by 7% year-over-year. This growth reflects the rising need for high-powered servers essential for AI processing.
Equinix's strategic focus on AI is evident in its new private cloud service, which allows organizations to manage Nvidia supercomputing infrastructure. The company has also increased its adjusted funds from operations and revenue forecasts, signaling confidence in future growth. Despite these positive indicators, investor reactions have been muted, highlighting the cautious sentiment in the market.
• Equinix anticipates higher demand for data center services due to AI.
• The company launched a private cloud service for managing AI infrastructure.
The rising adoption of generative AI technologies is driving demand for data center services.
Equinix operates numerous data centers that support businesses transitioning to AI and cloud solutions.
Equinix's private cloud service allows organizations to manage Nvidia supercomputing infrastructure for AI model training.
Equinix is enhancing its offerings to meet the growing demand for AI-related data center services.
Nvidia's infrastructure is integral to Equinix's new private cloud service for AI applications.
Business Insider 14month
Insider Monkey on MSN.com 13month
Insider Monkey on MSN.com 12month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
