Related Aims to Raise Up to $8 Billion for AI Data-Center Bet
New York property developer Related Cos., known for its work building Hudson Yards, is betting big on demand for data centers with a new business to invest in the infrastructure for artificial intelligence and hyperscale technology firms.
Related Companies Accelerates Push into Data Centers with Capitalization of Related Digital to Fuel its $45 Billion Pipeline
Related Digital commits a minimum of $500 million to fuel immediate growth and launches an up to $8 billion capital raising effort
Related’s quantum computing campus gets greenlight
Related Midwest has secured the green light to build a 128-acre quantum computing campus on Chicago’s South Side.
Related Companies invested in Applied Digital to support the growth of the Ellendale AI Data Center, which nears completion.
In November, Applied Digital’sEllendale AI Data Centerin North Dakota marked another month of significant advancements.
Related Companies CEO Jeff Blau on CNBC's Squawk Box
Data centers are "the most incredible asset class I've ever seen in my career in real estate," says Jeff Blau, CEO of real estate giant Related Companies.