The project to be located in Picassent will contribute to promote the digital transformation of the region with the installation of 'Data Centers' for the management and storage of large-scale data.
Waterless cooling, ultra-efficient operations and low-cost renewable energy will enable new facilities to sustainably meet the demands of generative AI and advanced computing.
The company said: “AI is now a reality in Portugal, and we are proud to be at the forefront of this transformation. Our project has enabled a new global data center market that did not exist before SIN01 became operational.
The company is embarking on a plan to enter the data center business with such ambition that, in one fell swoop, it will match the first steps taken by the previous leader, Iberdrola.
Substrate AI, the artificial intelligence company listed on BME Growth, will build in Talavera de la Reina (Toledo) its AI city that includes a state-of-the-art Data Center of up to 10MW.
Nasdaq posted its biggest one-day percentage drop since Dec. 18 on Monday as a low-cost Chinese artificial intelligence model prompted a steep selloff in U.S. chipmakers.
Three top tech firms on Tuesday announced that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the United States.
In the second half of the year, central banks started to cut policy interest rates. Against this background, European economic growth was only marginally stronger than in 2023, and property investment levels remained subdued, though ticked up slightly. What can we expect from 2025?
What will 2025 hold for the global economy and real estate? Selma Hepp, CoreLogic Chief Economist, and Richard Barkham, CBRE Global Chief Economist, discuss where they see opportunities, challenges and a few things to keep an eye on.
CBRE Data Center Solutions
CBRE has built the only dedicated data center team globally supported by multiple business lines across the sector.
Our engagement is to deliver full-spectrum life cycle services to our clients: Investors, Operators, and Occupiers.
Capital
Markets
Strategy Consulting
Equity Placement
Debt
Advisory
Site
Selection
ESG
Advisory
Occupier Leasing
Valuation Services
Market Research
Project Management
Digital Infra Advisory
Facility Management
Should you want to know what is going on in the data center industry? Please subscribe and complete the following form.
CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.
Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.
For information about how CBRE uses and processes your personal data, please click here.
