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Schneider Electric seals $2.3 billion in US data centre deals to power AI boom
Reuters· 2025-11-19 15:31
Core Insights - Schneider Electric has signed new deals worth nearly $2.3 billion with two U.S. data center operators, driven by the increasing demand for infrastructure due to the rising adoption of artificial intelligence [1] Company Summary - The new contracts reflect Schneider Electric's strategic positioning in the data center market, capitalizing on the growth opportunities presented by advancements in artificial intelligence [1] Industry Summary - The surge in artificial intelligence adoption is significantly boosting infrastructure demand, indicating a robust growth trajectory for companies involved in data center operations and related services [1]
BlackRock to invest $678 million in UK data centres during Trump visit, Sky News reports
Reuters· 2025-09-13 05:48
Core Insights - BlackRock is set to invest 500 million pounds ($678 million) in British data centre infrastructure through a new joint venture with Digital Gravity Partners [1] Investment Details - The investment is part of a series of deals that BlackRock plans to announce in the near future [1]