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The Data Center Rundown

May 20, 2026

 
Large-scale AI cloud investments

Blackstone is committing $5 billion to an artificial intelligence cloud venture in partnership with Google.

Read at Bisnow→

 

Should Blackstone's $5B AI cloud venture with Google signal increased AI infrastructure investment?

Argentum AI has secured a significant $2.5 billion agreement for an AI data center with Boosteroid and DL Invest Group, which will provide 300MW of capacity.

Read at Data Center Dynamics→

Sharon AI has secured a $950 million cloud deal with an undisclosed global technology company, which will involve deploying cloud capacity across multiple NextDC data centers in Australia.

Read at Data Center Dynamics→

DeepInfra, an AI cloud company, has successfully raised $107 million in a Series B funding round, which will be allocated towards scaling its cloud platform.

Read at Data Center Dynamics→

 
Innovative data center financial structures

Meta's $26 billion leaseback deal with Apollo has redefined AI infrastructure financing by demonstrating the efficacy of the leaseback model and signaling a trend of hyperscalers moving assets off-balance sheet, impacting the broader infrastructure capital stack.

Read at Global Data Center Hub→

Blackstone's BXDC is priced as AI growth risk, reflecting considerations of triple-net escalator math, re-leasing spread leakage, related-party transfer pricing, and the public-private exit architecture within its credit strategy.

Read at Global Data Center Hub→

Brookfield has acquired the data center facility in Sunnyvale, California, that is occupied by Equinix, making Brookfield the new landlord for the colocation giant.

Read at Data Center Dynamics→

 
Fiber network expansion for AI

Aureon and its partners have completed a 100 terabit route across the Midwest to facilitate the expansion of artificial intelligence and cloud services.

Read at Data Center POST→

A $250 million investment in Big Fiber is fueling a land rush for dark fiber routes and capacity as hyperscalers develop distributed AI campuses in regions with abundant power.

Read at Data Center Knowledge→

 
Chatter
The view from Reddit
“Is "AI will fix it" becoming the new default (and frustrating) answer for every business challenge?”

A user observes a trend of management defaulting to 'AI will fix it' for business challenges, potentially masking systemic issues and wasting budget, and proposes a curated directory of non-AI operational workflows as a countermeasure.

Read at r/sysadmin→

 

Is 'AI will fix it' becoming a frustrating default for business challenges?

“First sysadmin role and I feel completely lost”

A new sysadmin, transitioning from desktop support, expresses feeling overwhelmed and lacking direction in their first role due to minimal onboarding and a seemingly unmanaged environment, while also noting personal challenges with structure.

Read at r/sysadmin→

“Microsoft can sure be frustrating!”

A sysadmin humorously critiques Microsoft's business model, citing frequent renaming, portal changes, feature unbundling, and complex licensing, while sharing a song about the frustrations of modern IT work.

Read at r/sysadmin→

 

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