Equinix operates over 260 data centers across more than 33 countries. The company has spent the last two years methodically converting that footprint into AI-ready real estate.
A $15 billion joint venture sets the tone
In October 2024, Equinix announced a joint venture with GIC and the Canada Pension Plan Investment Board to raise over $15B for U.S.-based hyperscale data center expansion.
The JV was designed to nearly triple the investment capacity of Equinix’s xScale program, which targets the large-footprint cloud and AI compute needs of hyperscalers like the major cloud providers.
CEO Adaire Fox-Martin has since confirmed that approximately 60% of the company’s largest contracts now involve AI-related workloads.
