Data Centers & Real Estate Tech
The infrastructure layer powering the cloud.
Industry Overview
The data center industry is experiencing unprecedented growth driven by AI, cloud computing, and digital services. In 2026, the constraint isn't compute chips—it's power. AI workloads consume 10-20x more electricity per rack than traditional cloud computing.
Key Players
- Hyperscale Operators: AWS, Microsoft Azure, Google Cloud, Meta, Oracle
- Colocation REITs: Equinix, Digital Realty Trust, CyrusOne, CoreSite
- Wholesale Developers: Vantage Data Centers, Switch, Stack Infrastructure
- Power & Cooling: Vertiv, Schneider Electric, Eaton, Caterpillar
Current Trends (2026)
- Power Crisis: AI workloads consuming 10-20x more power per rack
- Nuclear Partnerships: Tech giants signing deals with nuclear power providers
- Liquid Cooling Mainstream: Direct-to-chip and immersion cooling becoming standard
Why It Matters
Every AI model, cloud service, streaming video runs in data centers. The industry's ability to scale power and cooling determines whether AI companies can train larger models and enterprises can adopt cloud services.