GDS Holdings stories
Chinese data center operator GDS Holdings is reaching out for capital with the announcement of a $200 million capital raising through an IPO.
Rising AI and cloud demand is set to push power spending toward USD $70.94 billion by 2034, as operators race to avoid outages.
The lawsuit believes GDS has been engaged in a 'ruse' to enrich insiders by acquiring data centers that aren't as valuable as the company claims.
The legal investigation asserts the data center services provider has funneled 'hundreds of millions of dollars' to insiders.
GDS Holdings is partnering with Alibaba to develop a new 5000 square meter data center campus in Hebei Province.
CyrusOne teams up with China's GDS in a USD $100M partnership, aiming to enhance data center offerings in the US and China, targeting hyperscale markets.
The licence allows GDS Holdings to provide connectivity services to its cloud and enterprise data center customers through its own network.
