There's little doubt that data centers themselves are one of the artificial intelligence (AI) revolution's next big investment opportunities, boding well for owners/operators like Vertiv and CoreWeave, and just as well for data center construction specialists like Applied Digital. Is it possible that investors are looking right past the best way to plug into this next phase of AI's existence? That may well be the case. And it's got everything to do with how the business works. A name like Digital Realty ...

Core Insights - EdgeMode, in partnership with Blackberry Alternative Investment Fund (BAIF), has secured the necessary power supply for its large-scale AI data center platform in Spain, marking a significant operational milestone for the project [2][7] - The development includes five campus-style data center projects with a combined capacity exceeding 1.5 GW of IT power, positioning it as the largest AI data center development pipeline in Europe [3][7] Power Supply and Infrastructure - The successful securing of power supply is a critical achievement that enhances the viability of the digital infrastructure initiative [2][4] - All sites have secured land rights, dark fiber connectivity, and pre-approved construction permits, which collectively de-risk the execution of the AI data centers [8][7] Strategic Importance - The milestone is viewed as a clear inflection point for EdgeMode, allowing the company to shift discussions with clients and partners from future capacity to deliverable solutions [4] - The joint venture is strategically positioned to meet global demand for AI infrastructure while minimizing execution risks [4][7]

Core Insights - EdgeMode, in partnership with Blackberry Alternative Investment Fund (BAIF), has achieved a significant operational milestone by securing the necessary power supply for its large-scale AI data center platform in Spain, marking a critical advancement in one of Europe's most ambitious digital infrastructure projects [1][2] Group 1: Project Overview - The joint venture is advancing five campus-style data center projects, designed for artificial intelligence and high-performance computing, with a combined capacity exceeding 1.5 GW of IT power, making it the largest AI data center development pipeline in Europe [2] - The secured power supply, along with land rights, dark fiber connectivity, and pre-approved construction permits, positions the project for accelerated development and execution [5] Group 2: Strategic Significance - Charlie Faulkner, CEO of EdgeMode, emphasized that securing power is a critical milestone that allows the company to transition discussions with clients and partners from future capacity to deliverable, scalable solutions, thus enhancing commercial engagement [2] - José Mora, CEO of BAIF, highlighted the strategic value of the joint venture, stating that the secured power supply, along with other resources, uniquely positions them to meet global demand while mitigating execution risks [2]