The AI data center boom is moving closer to cities — and this Texas developer just raised $2 billion to bet on it
Răzvan Țupa
Texas has become a hot spot for jumbo-sized data centers in far-flung locations that provide the heavy computing for artificial intelligence training. The next phase of the AI boom is taking shape closer to where people live. DataBank, a Dallas-based data center developer and operator, is capitalizing on growing demand for facilities built closer to population hubs, where they can deliver AI models to users more quickly. The company said it has secured $2 billion in construction financing from
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