How Has AI Impacted Data Center Rental Rates?
Data center rental rates continue to climb, a combination of the intense demand for AI and limited supply of data centers due their enormous energy needs.
The location of data centers housing AI workloads can be vitally important. Jim Footh, Managing Director and Portfolio Manager for Global Data Center Investments at PGIM Real Estate, explains why the next phase of AI growth will require data centers that sit in close proximity to cities and major economies.
“The inference phase is when the large language models are interacting with the public, and thus those data centers do need to be close to those large population centers or large economies.”
– Jim Footh, Managing Director, Global Data Center Investments & Portfolio Management, PGIM Real Estate
Hyperscale: The Artificial Intelligence and Data Center Revolution
The quality of infrastructure supporting the digital economy will help determine which companies, countries and regions emerge as winners in the AI revolution.
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What Will the Next Phase of AI Integration Look Like?
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What are Bottlenecks to Scaling AI?
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