With AI boom in full force, 2024 datacenter deals reach $57B record

Fewer giant contracts, but many more smaller ones, in bit barn feeding frenzy Datacenter merger activity soared to new heights in 2024, with $57 billion in deals closed over the 12 months. If you're looking for a reason, you guessed it: anticipated gains around generative AI. …

Jan 14, 2025 - 22:42
With AI boom in full force, 2024 datacenter deals reach $57B record

Fewer giant contracts, but many more smaller ones, in bit barn feeding frenzy

Datacenter merger activity soared to new heights in 2024, with $57 billion in deals closed over the 12 months. If you're looking for a reason, you guessed it: anticipated gains around generative AI. …