Spanish real estate group Merlin Properties expects its fledgling data centre business to account for about 40 per cent of its revenue by 2030 as it taps into a boom in artificial intelligence, CEO Ismael Clemente told Reuters. Data centres made up less than 1 per cent of Merlin's revenue in the first half of this year, which mainly came from offices, shopping malls and logistics. But Clemente estimated that its data centre division would bring in around 313 million euros ($350 million) in

Tag-uri: Real Estate