Tag: Data center

ComputingHardware

Data Center Industry Shifts to 21-Inch Open Rack Standard for AI Infrastructure

The data center industry is undergoing a significant transformation as cloud providers and server manufacturers adopt 21-inch Open Rack designs. According to new research, this wider format better accommodates AI server requirements and could dominate rack shipments by 2030.

Industry Transition Accelerates

The data center industry is shifting away from traditional 19-inch rack standards toward wider 21-inch Open Rack designs, according to reports from leading research firms. This transition is gaining momentum as demand for AI infrastructure continues to surge among major cloud providers and technology companies.

by Aaron Blake
FinanceSustainability

Switch Secures $659 Million Through Latest Green Bond Offering for Data Center Expansion

Data center operator Switch has reportedly raised $659 million through its fourth asset-backed securities offering, which qualifies as green bonds due to the company’s sustainable facilities. The funding will support expansion across five campuses serving hyperscale, enterprise, and AI customers. Sources indicate this brings Switch’s total ABS fundraising to $3.5 billion.

Major Funding for Sustainable Data Center Growth

Switch, the Las Vegas-based data center operator, has reportedly secured $659 million through its latest asset-backed securities offering, according to company announcements. This marks the fourth such financing round for the company, bringing its total ABS fundraising to approximately $3.5 billion. Industry analysts suggest this substantial capital injection demonstrates continued investor confidence in digital infrastructure despite broader market uncertainties.

by Aaron Blake