NVIDIA–OpenAI Drive 10GW Build; UK Lands £18.4B AI Bet; CloudHQ Scales $4.8B in Mexico
Welcome to Global Data Center Hub. Join investors, operators, and innovators reading to stay ahead of the latest trends in the data center sector in developed and emerging markets globally.
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North America: The World’s Largest AI & Data Center Buildout Surges Past $500B [In H1 2025, North America led the AI race with $500B+ in data center commitments, rewiring its energy and digital core.]
South America: The $380B AI Race From Nuclear Bets to Multi-Gigawatt Cities [12 most important shifts in the region in H1 2025 and what they signal for global AI infrastructure.]
Asia-Pacific: The $180B AI Race From Megacampuses to Sovereign Clouds [Top 15 announcements ranked — From Reliance’s $30B AI city to SoftBank’s Stargate alignment and Alibaba’s multi-market blitz]
Middle East & Africa: AI & Data Center Buildout Surges Past $75B [Top 12 AI/data-center commitments across the Gulf, North Africa, and Sub-Saharan Africa]
In This Issue
Global Buildout at a Glance — 10GW OpenAI–NVIDIA buildout, £18.4B UK AI bet, Sydney’s 1GW greenlight, Qatar’s new sovereign fund tie-up, and Brazil’s tax cuts show how every region is racing to secure AI-ready infrastructure.
Power + Land = Advantage — From U.S. mega-corridors (Stargate’s five new sites, Rowan’s $1.2B financing) to Sydney and Querétaro’s gigawatt-scale builds, the real winners are those locking substations, interconnects, and grid-backed land today.
Sovereign Capital Shapes AI — UK’s record AI Pathfinder investment, QIA’s digital infra platform, and Brazil’s fiscal incentives highlight how state policy and sovereign capital are becoming part of the AI design brief.
Portfolios, Not Projects — Nscale’s $1.1B raise, Keppel’s Tokyo buy, and multi-site expansions from CloudHQ demonstrate the pivot from single assets to portfolio strategies, shortening time-to-capacity and reshaping valuation comps.
Dear Friends,
This week’s signal is unmistakable: scale follows control of power and policy. In North America, the Stargate expansion and NVIDIA–OpenAI’s 10GW plan show corridor-scale builds now resemble sovereign projects more than private ventures. Financing like Rowan Digital’s $1.2B facility proves capital flows to those with banked power and shovel-ready land.
Europe elevated sovereignty, with the UK securing nearly £20B in commitments while challengers such as Nscale raised billion-dollar rounds. Competitiveness is now inseparable from grid reinforcement and policy alignment.
In Asia-Pacific, Sydney’s 1GW approval and Keppel’s Tokyo acquisition reflect a dual path: gigawatt greenfields paired with core-market upgrades. In the Middle East, QIA’s partnership with Blue Owl positions sovereign and private credit as joint architects of infrastructure.
South America added accelerants: CloudHQ’s $4.8B six-campus push in Mexico and Brazil’s tax cuts to attract hyperscale GPUs and power gear.
The takeaway: secure substations, queue slots, and policy incentives before promising AI capacity. Those who lock power and land first won’t just serve the market they’ll define it.
Global Perspective: What’s Happening in Data Centers Around the World
North America
NVIDIA & OpenAI Plot 10GW AI Infrastructure Buildout
NVIDIA and OpenAI are working on a 10-gigawatt AI data center program that could reshape supply chains for GPUs, liquid cooling, and power gear. Beyond scale, it sets a new standard for AI-ready infrastructure and accelerates financing for developers with land and interconnects in place.
Stargate Phase II: Five New Mega-Campuses Announced
The $500B Stargate project revealed five new U.S. sites, highlighting a pivot toward corridor-style multi-gigawatt campuses. Each site depends on deep utility partnerships, showing how sovereign-style coordination is migrating into U.S. private markets.
Rowan Digital Lands $1.2B Financing Package
Private credit backed Rowan Digital with $1.2B to fund its U.S. pipeline. The deal underscores how private credit is stepping in at scale, lowering the cost of capital for operators with AI-weighted offtake.
Europe
AI Pathfinder Commits £18.4B to UK AI Data Centers
The UK secured a record-breaking AI data center investment, positioning itself as Europe’s AI sovereignty leader. The two sites will demand massive grid upgrades and could anchor HVDC transmission expansions.
Nscale Raises $1.1B in Europe’s Largest Series B
The funding gives Nscale one of the biggest war chests in the region, enabling rapid land acquisition, vendor slot booking, and tenant capture. It highlights deepening equity appetite beyond hyperscalers and REITs.
Asia-Pacific
Western Sydney to Host 1GW AI Data Center Hub
ISPT secured approvals for a 1-gigawatt project in Sydney, underscoring Australia’s potential as an AI compute exporter. With land scarcity and firming challenges, it could reset regional pricing.
Keppel Buys Tokyo Data Center for $555M
Keppel DC REIT and its sponsor are acquiring a core Tokyo asset, signaling confidence in Japan’s “core-plus” AI market. Expect heavy upgrade capex for liquid cooling and higher density workloads.
Middle East & Africa
QIA & Blue Owl Launch $ Billions Digital Infra Partnership
The Qatar Investment Authority and Blue Owl formed a new platform targeting DCs, fiber, and edge. With patient sovereign capital paired with alt-credit, the move positions the Middle East as a funding hub for global-scale digital infrastructure.
South America
CloudHQ Commits $4.8B to Six Querétaro Data Centers
CloudHQ’s expansion cements Mexico as a North-South bridge for U.S. AI capacity. Multi-site builds will test CFE’s interconnect delivery and expose FX/tax arbitrage opportunities for operators.
Brazil Cuts Tech Taxes to Court AI Infrastructure
Brazil slashed tech-related taxes, aiming to unlock billions in hyperscale and AI data center investment. The policy could accelerate GPU imports and power equipment pipelines.
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Every week, we break down the trends shaping the future of data centers, cloud, and AI, from emerging markets to hyperscale battlegrounds.
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