IFC investment expert urges Data Center investors to consider EBITDA and IRR for long -term success

Obinna Isiadinso, Global Sector Lead for Data Center and Cloud Investments at the International Finance Corporation (IFC), has emphasized the importance of a balanced approach to evaluating data center investments.…

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Data centers are hottest asset classes, make up 40% of global real estate investments – report

The recent Hyperscalers Convergence Africa conference underscored the growing global interest in data centers as a key asset class, with transaction sizes now reaching up to 300 MW. A report…

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Hyperscalers Convergence Africa calls for unified action to transform digital infrastructure

The Hyperscalers Convergence Africa conference, themed “The Power of Convergence,” successfully brought together industry leaders, policymakers, and innovators to address Africa’s digital infrastructure challenges. Held in Lagos, a key center…

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OpenAI valuation could exceed $100 billion, thanks to new investments from Apple, and others.

Apple and Microsoft are reportedly considering a significant investment in OpenAI, the company that took the world by storm with its advanced generative AI platforms, including ChatGPT. According to reports…

Continue ReadingOpenAI valuation could exceed $100 billion, thanks to new investments from Apple, and others.