NTT Global Data Centers is looking to raise at least $1 billion to fund development projects across the United States, a move that underscores just how aggressively the data center industry is scaling to meet the insatiable appetite for AI compute power.
The fundraise is part of a much larger capital deployment strategy. NTT, a division of NTT DATA, has committed to investing over $10 billion globally through 2027, with the US representing a critical piece of that puzzle.
The US buildout strategy
NTT currently operates more than 160 facilities across over 20 countries, with a combined critical IT load exceeding 2,000 MW. That makes it the third-largest data center operator on the planet. Its US operations are concentrated in Virginia, Arizona, Illinois, California, and Oregon.
In March 2026, NTT secured approximately 115 MW in new US capacity agreements.
